Bank of Montreal

Bank of Montreal

BMO
Bank of MontrealUS flagNew York Stock Exchange
175.40
USD
-1.46
- -
122.85BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
25.95
27.95
29.74
31.45
32.29
35.37
39.65
39.01
41.58
39.55
43.86
44.03
50
52.85
Basic EPS, GAAP
6.18
6.44
6.59
6.71
7.66
8.2
8.68
7.56
11.6
20.04
5.77
9.53
11.46
13.07
Free Cash Flow per Basic Share
16.7
-5.67
2.68
-5.01
3.15
26.48
44.1
77.65
66.55
5.28
10.04
34.54
11.79
24.95
Dividend per Share
2.92
2.87
3.31
3.33
2.99
4.02
4.31
3.86
4.6
3.91
3.81
5.28
6.97
7.18
Book Value per Share
43.22
48.55
56.31
59.56
61.92
64.73
72.57
80.36
83.12
101
100.98
112.68
122.02
119.96
Tangible Book Value per Share
34.95
37.05
43.43
46.31
48.95
51.21
58.85
66.46
71.33
89.96
70.54
82.93
91.61
89.06
Basic Weighted Avg Shares
648
646
645
666
673
643
639
641
647
664
709
728
722
710
Sales/Revenue/Turnover
16,830
18,054
19,182
20,947
21,721
22,738
25,332
25,025
26,909
26,259
31,115
32,041
36,099
37,537
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
694
747
788
1,047
1,103
1,127
1,205
1,618
1,565
1,480
2,092
2,110
2,180
2,183
Net Income, GAAP
4,130
4,277
4,370
4,622
5,337
5,453
5,758
5,097
7,754
13,537
4,425
7,318
8,709
9,731
Effective Tax Rate (%)
20.1
17.25
17.52
19.21
19.48
26.45
20.82
19.71
24.41
24.32
25.39
23.16
24.46
24.69
Profit Margin (%)
24.54
23.69
22.78
22.07
24.57
23.98
22.73
20.37
28.82
51.55
14.22
22.84
24.13
25.92
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
26,357
27,378
26,089
91,663
102,399
91,316
127,247
122,047
103,519
126,569
140,199
159,443
166,885
177,470
Total Equity
31,179
35,404
39,913
42,328
44,354
45,721
51,076
56,593
57,523
71,038
76,123
84,286
88,100
85,617
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
14.84
14.06
12.61
11.98
13.12
12.93
12.64
9.87
14.2
21.77
5.8
8.94
9.81
11.05

Capital Structure

FRC

in mil. unless spec.
Oct'25
Jan'26
Apr'26
ST Debt
113,343
105,670
110,078
LT Borrowings
163,570
169,358
177,470
LT Finance Leases
3,315
- -
- -
Preferred Equity and Hybrid Capital
1,550
1,550
1,550
Shares Outstanding
709
706
700
Market Capitalization
123,398
131,010
144,805

Working Capital

FRC

in mil. unless spec.
Oct'25
Jan'26
Apr'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
104,158
181,142
189,323
Accounts Receivable, Net
52,208
45,203
50,333
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
67,969
43,335
56,714
ST Debt
113,343
105,670
110,078
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.4%
9.51%
4.53%
Free Cash Flow
57.41%
36.88%
-66.14%
Net Income, GAAP
16.13%
28.76%
19.01%
Sales/Revenue/Turnover
6.7%
7.85%
12.67%
Total Cash Common Dividend
10.39%
17.64%
33.03%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
7,648
7,921
8,154
8,318
32,041
2025
9,217
8,681
8,943
9,258
36,099
2026
9,799
9,537
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.73
2.36
2.49
- -
9.53
2025
2.84
2.51
3.14
- -
11.46
2026
3.4
3.54
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.03
0.92
1.71
- -
5.28
2025
1.76
1.69
1.8
- -
6.97
2026
1.86
1.79
- -
- -
- -

Company Description

CEO
William Darryl White
Full Time Employees
53,234
Sector
Financial Services
Industry
Banks - Diversified
Address
129 rue Saint-Jacques Montreal QC Canada H2Y 1L6
IPO Date
Oct 27, 1994
Website
bmo.com
Business
Bank of Montreal delivers comprehensive financial services across North America. The institution's personal banking offerings encompass a wide array of options, including various checking and savings accounts, a selection of credit cards, mortgage financing, personal lending solutions, and tailored financial and investment guidance. For business clients, its commercial banking segment provides specialized business deposit accounts, commercial credit card products, business loans and commercial mortgages, sophisticated cash management tools, foreign exchange services, treasury and payment processing solutions, and strategic risk management offerings. Furthermore, BMO offers extensive wealth management services, covering investment and financial advisory, digital investing platforms, asset management, and crucial trust and estate planning. The company's Capital Markets division serves corporate, institutional, and government clients with debt and equity underwriting, corporate lending and project financing, strategic advice on mergers and acquisitions, restructurings, and valuations. This segment also facilitates trading solutions across debt, foreign exchange, interest rates, credit, equity, securitization, and commodities, alongside providing research and market access. In the realm of insurance, the company offers life insurance products, including term, permanent, and universal options, alongside critical illness, accidental death, travel coverage, and creditor insurance solutions for its banking clientele. Originally founded in Montreal in 1817, the bank has grown to become the seventh largest financial institution in North America by assets. It has significantly expanded its presence, particularly in the United States, through strategic initiatives like the acquisition of Bank of the West, completed in early 2023, which added a substantial customer base and over 500 branches, now operating as BMO Bank N.A. Operating an expansive network of over 900 branches in Canada and more than 1000 in the United States, alongside robust digital banking platforms, BMO serves over 13 million customers globally. The company's legal headquarters remains in Montreal, Canada, with operational leadership primarily based in Toronto.

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