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BMO Covered Call Canadian Banks ETF Stock AnalysisComprehensive stock analysis for BMO Covered Call Canadian Banks ETF (ZWB.TO) including live price, Snowflake performance metrics, financial statements, and investment research.Stock AnalysisZWB.TO
ZWB.TO
BMO Covered Call Canadian Banks ETF
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
ZWB.TO
Home🔹Stocks🔹BMO Covered Call Canadian Banks ETF

BMO Covered Call Canadian Banks ETF

🇨🇦ZWB.TO•TSX

BMO Covered Call Canadian Banks ETF

🇨🇦ZWB.TO•TSX
Market cap
$4.73B
Sentiment

Your view on ZWB.TO

Mkt Cap
$4.73B
Sentiment
Your view
ZWB.TO
BMO Covered Call Canadian Banks ETF
  • Company Overview
  • FRC Research
  • Financial Data
  • Peer Comparison
  • Ownership & News
ZWB.TO
Company Overview

Overview

What the company does, where it operates, and who runs it.

About BMO Covered Call Canadian Banks ETF

Industry
Asset Management - Income
Sector
Financial Services
CEO
Not available
Headquarters
CA
Industry
Asset Management - Income
Sector
Financial Services
CEO
Not available
Headquarters
CA
Description

BMO Covered Call Canadian Banks ETF has been designed to provide exposure to a portfolio of Canadian banks while earning call option premiums. The Fund invests in securities of Canadian banks, and dynamically writes covered call options. The call options are written out of the money and selected based on analyzing the option's implied volatility. The option premium provides limited downside protection. The underlying portfolio is rebalanced and reconstituted semi-annually in June and December, and options are rolled forward upon expiry. In addition, as ZWB is a fund of fund, the management fees charged are reduced by those accrued in the underlying funds.

FRC Research

Media

Infographics, videos, and posts covering the company.

Financial Data

Stock Data

Price chart, volume, and trading data.

Fair Value

What FRC thinks it is worth vs. the current price.

FRC's fair value estimate for BMO Covered Call Canadian Banks ETF, and the rating behind it. ZWB.TO last traded at C$30.85; the estimate is read against that market price. FRC analysts run the firm's valuation model across the companies on this platform to estimate what each one is worth, rather than republishing a consensus average. Shows the current estimate, our rating, and when it was last revised. A free account covers 7 company valuations a month; a paid subscription is unlimited.

Financial Ratios

Profitability, returns, valuation, and leverage ratios.

Valuation, profitability, liquidity and leverage ratios for BMO Covered Call Canadian Banks ETF. Starting points for BMO Covered Call Canadian Banks ETF: beta 0.98 — an Asset Management - Income name. P/E, P/B, EV/EBITDA, margins, return on equity, current ratio and debt coverage, each shown against the company's own history.

Dividend Analysis

Yield, payout ratio, and dividend coverage metrics.

Dividend history, yield and payout sustainability for BMO Covered Call Canadian Banks ETF. BMO Covered Call Canadian Banks ETF paid C$1.59 per share over the last year — a 5.2% yield at the current C$30.85 price. Per-share payments, yield over time, payout ratio and growth streak, with coverage measured against free cash flow.

Earnings Analysis

EPS history, beat rate, and upcoming earnings reports.

Reported vs. expected earnings history for BMO Covered Call Canadian Banks ETF. EPS surprises by quarter, revenue against estimates, and the upcoming reporting date.

Financial Statements

Income statement, balance sheet, and cash flow statements.

Income statement, balance sheet and cash flow history for BMO Covered Call Canadian Banks ETF. BMO Covered Call Canadian Banks ETF has reported as a listed company since 2011. Annual and quarterly filings with period-over-period comparison, so you can trace how revenue, margins and cash generation have moved.

Peer Comparison

Comparables

List of peer companies in the same industry.

BMO Covered Call Canadian Banks ETF valued side by side against its closest peers. BMO Covered Call Canadian Banks ETF is measured against Asset Management - Income peers within the Financial Services sector. Peer-relative multiples and operating metrics, so the valuation is read in the context of its own sector rather than in isolation.

Ownership & News

Institutional Ownership

Premium

Which funds and firms own the stock.

Which institutions hold BMO Covered Call Canadian Banks ETF, and how their positions are changing. At a C$4.73B market value, institutional positions materially move BMO Covered Call Canadian Banks ETF's register. Top holders, position sizes, and quarter-over-quarter accumulation or distribution from regulatory filings. Included with FRC Premium.

Insider Trading

Premium

Recent buying and selling by company executives.

Buying and selling by BMO Covered Call Canadian Banks ETF executives and directors. Shares of BMO Covered Call Canadian Banks ETF have traded between C$17.26 and C$25.73 over the past 52 weeks — context for the timing of the transactions below. Insider transactions as disclosed to regulators, with role, size and date — the clearest read on how the people running the company are positioned. Included with FRC Premium.

Senate Trading

Premium

U.S. Senator disclosures filed under the STOCK Act.

U.S. Senate disclosures naming BMO Covered Call Canadian Banks ETF. BMO Covered Call Canadian Banks ETF is a C$4.73B Financial Services company. Senators' reported transactions in this security, alongside the fundamentals — a signal most research platforms leave out entirely. Included with FRC Premium.

House Trading

Premium

U.S. Representative disclosures filed under the STOCK Act.

U.S. House of Representatives disclosures naming BMO Covered Call Canadian Banks ETF. Representatives' reported transactions in this security, shown next to the company's fundamentals. Included with FRC Premium.

News

Latest headlines and market coverage.

Latest headlines and company announcements for BMO Covered Call Canadian Banks ETF. Coverage tracks BMO Covered Call Canadian Banks ETF within Asset Management - Income (Financial Services). Press releases and market coverage, newest first.

Peer companies

  • HBB.TO — Global X Canadian Select Universe Bond Index Corporate Class ETF
  • IGAF.TO — IA Clarington Loomis Global Allocation Fund
  • TEC.TO — TD Global Technology Leaders Index ETF
  • TPE.TO — TD International Equity Index ETF
  • VEE.TO — Vanguard FTSE Emerging Markets All Cap Index ETF
  • XAW.TO — iShares Core MSCI All Country World ex Canada Index ETF
  • XGRO.TO — iShares Core Growth ETF Portfolio
  • ZFL.TO — BMO Long Federal Bond Index ETF

More Asset Management - Income companies

  • JBK — Corporate Backed Trust Certificates, Goldman Sachs Capital I Securities-Backed Series 2004-6 04-6 A1 3.50
  • MXT.AX — Metrics Master Income Trust
  • PRIF-PL — Priority Income Fund, Inc.
  • AD-UN.TO — Alaris Equity Partners Income Trust
  • GCI.AX — Gryphon Capital Income Trust

ETFs holding BMO Covered Call Canadian Banks ETF

  • ZWQT.TO — BMO Global Enhanced Income Fund (ETF Series) (6.02%)

News

Latest Market News