Losses on troubled loans
Keeping losses contained would protect profits and reassure investors about the bank’s lending.
Bank of Montreal reports its Q4 FY2026 results on 2 December 2026. Analysts expect earnings per share of 2.68 USD and revenue of 7.11B USD.
In Q3 FY2026, reported on 25 August 2026, Bank of Montreal earned 2.84 USD a share against the 2.71 USD analysts expected (+4.8%), on revenue of 7.10B USD against 6.94B USD (+2.4%).
| Period | Report date | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth | Next-day move |
|---|---|---|---|---|---|---|---|---|---|---|
| Q1 FY2027 | 2.75 | — | — | +9.42% | 7.07B | — | — | -1.88% | — | |
| Q4 FY2026 | 2.68 | — | — | +13.56% | 7.11B | — | — | +6.64% | — | |
| Q3 FY2026 | 2.71 | 2.84 | +4.80% | +21.89% | 6.94B | 7.10B | +2.36% | -20.61% | -0.3% | |
| Q2 FY2026 | 2.54 | 2.68 | +5.51% | +45.65% | 6.98B | 7.04B | +0.93% | -18.86% | -0.8% | |
| Q1 FY2026 | 2.35 | 2.51 | +6.81% | +17.29% | 6.98B | 7.21B | +3.24% | -21.78% | +0.5% | |
| Q4 FY2025 | 2.16 | 2.36 | +9.26% | +69.78% | 6.44B | 6.66B | +3.40% | -19.89% | +1.7% | |
| Q3 FY2025 | 2.12 | 2.33 | +9.91% | +20.73% | 6.54B | 8.94B | +36.83% | +9.68% | -0.2% | |
| Q2 FY2025 | 1.84 | 1.84 | 0.00% | -2.13% | 6.44B | 8.68B | +34.88% | +52.22% | +0.7% | |
| Q1 FY2025 | 1.70 | 2.14 | +25.88% | +12.63% | 5.95B | 9.22B | +54.94% | +20.52% | -0.1% | |
| Q4 FY2024 | 1.75 | 1.39 | -20.57% | -32.85% | 6.01B | 8.32B | +38.45% | -0.05% | +3.8% | |
| Q3 FY2024 | 1.98 | 1.93 | -2.53% | -7.21% | 4.58B | 8.15B | +78.22% | +1.20% | -1.8% | |
| Q2 FY2024 | 2.01 | 1.88 | -6.47% | -12.96% | 5.86B | 5.70B | -2.68% | -26.23% | +0.6% | |
| Q1 FY2024 | 2.24 | 1.90 | -15.18% | -20.50% | 4.54B | 7.65B | +68.58% | +8.53% | -1.0% | |
| Q4 FY2023 | 2.07 | 2.07 | 0.00% | -9.21% | 4.46B | 8.32B | +86.69% | +28.33% | +0.2% | |
| Q3 FY2023 | 2.28 | 2.08 | -8.77% | -13.33% | 4.49B | 8.06B | +79.35% | +16.01% | +1.4% | |
| Q2 FY2023 | 2.35 | 2.16 | -8.09% | -15.29% | 4.40B | 7.73B | +75.79% | +35.50% | -0.1% | |
| Q1 FY2023 | 2.33 | 2.39 | +2.58% | -38.56% | 5.45B | 7.05B | +29.38% | +7.65% | +1.2% | |
| Q4 FY2022 | 2.29 | 2.28 | -0.44% | -31.53% | 5.07B | 6.49B | +27.96% | +3.12% | +0.8% | |
| Q3 FY2022 | 2.38 | 2.40 | +0.84% | -30.23% | 5.33B | 6.95B | +30.35% | -2.09% | -2.9% | |
| Q2 FY2022 | 2.43 | 2.55 | +4.94% | +2.41% | 5.18B | 5.71B | +10.22% | -4.71% | +2.1% | |
| Q1 FY2022 | 3.26 | 3.89 | +19.33% | +27.12% | 5.20B | 6.55B | +25.91% | -0.27% | +3.1% | |
| Q4 FY2021 | 3.24 | 3.33 | +2.78% | +83.98% | 5.17B | 6.29B | +21.54% | +10.64% | +0.5% | |
| Q3 FY2021 | 2.94 | 3.44 | +17.01% | +154.81% | 4.21B | 7.09B | +68.29% | +4.40% | -0.1% | |
| Q2 FY2021 | 2.18 | 2.49 | +14.22% | +227.63% | 5.53B | 5.99B | +8.24% | +3.93% | +0.9% | |
| Q1 FY2021 | 2.16 | 3.06 | +41.67% | +67.21% | 6.66B | 6.56B | -1.44% | -2.34% | +3.5% | |
| Q4 FY2020 | 1.48 | 1.81 | +22.30% | -1.63% | 4.38B | 5.68B | +29.69% | -6.02% | +1.0% | |
| Q3 FY2020 | 1.17 | 1.35 | +15.38% | -24.58% | 6.64B | 6.79B | +2.25% | +2.40% | +3.0% | |
| Q2 FY2020 | 0.94 | 0.76 | -19.15% | -55.81% | 6.21B | 5.76B | -7.25% | -6.50% | -2.6% | |
| Q1 FY2020 | 1.77 | 1.83 | +3.39% | +3.98% | 6.61B | 6.72B | +1.72% | +3.59% | -1.9% | |
| Q4 FY2019 | 1.82 | 1.84 | +1.10% | +3.37% | 5.97B | 6.05B | +1.27% | +3.30% | +1.1% | |
| Q3 FY2019 | 1.86 | 1.79 | -3.76% | -1.65% | 6.90B | 6.64B | -3.88% | +15.39% | +0.4% | |
| Q2 FY2019 | 1.69 | 1.72 | +1.78% | -1.15% | 6.21B | 6.16B | -0.85% | +11.23% | -1.3% | |
| Q1 FY2019 | 1.69 | 1.76 | +4.14% | +4.76% | 6.20B | 6.49B | +4.72% | +15.98% | +1.6% | |
| Q4 FY2018 | 1.75 | 1.78 | +1.71% | +14.84% | 5.80B | 5.86B | +0.88% | +4.40% | -2.2% | |
| Q3 FY2018 | 1.75 | 1.82 | +4.00% | +18.95% | 5.55B | 5.75B | +3.66% | +6.46% | +1.2% | |
| Q2 FY2018 | 1.67 | 1.74 | +4.19% | +20.00% | 5.42B | 5.54B | +2.20% | -2.88% | -0.1% | |
| Q1 FY2018 | 1.66 | 1.68 | +1.20% | -19.23% | 5.44B | 5.59B | +2.80% | +13.60% | -1.1% | |
| Q4 FY2017 | 1.58 | 1.55 | -1.90% | -3.13% | 5.24B | 5.61B | +7.03% | +17.20% | — | |
| Q3 FY2017 | 1.57 | 1.53 | -2.55% | +2.68% | 5.35B | 5.40B | +1.01% | +4.54% | — | |
| Q2 FY2017 | 1.40 | 1.45 | +3.57% | +10.69% | 5.76B | 5.70B | -1.02% | +10.44% | — | |
| Q1 FY2017 | 1.88 | 2.08 | +10.64% | +62.50% | 4.61B | 4.92B | +6.75% | -1.83% | — | |
| Q4 FY2016 | 1.38 | 1.60 | +15.94% | +11.11% | 4.48B | 4.78B | +6.72% | +5.89% | +1.5% | |
| Q3 FY2016 | 1.38 | 1.49 | +7.97% | -0.67% | 5.25B | 5.17B | -1.54% | +14.85% | -0.3% | |
| Q2 FY2016 | 1.29 | 1.31 | +1.55% | -4.38% | 5.25B | 5.16B | -1.68% | +15.42% | -0.4% | |
| Q1 FY2016 | 1.28 | 1.28 | 0.00% | +4.92% | 4.90B | 5.02B | +2.40% | +0.30% | 0.0% | |
| Q4 FY2015 | 1.32 | 1.44 | +9.09% | -11.66% | 4.52B | 4.52B | -0.12% | -2.62% | +1.9% | |
| Q3 FY2015 | 1.35 | 1.50 | +11.11% | -13.29% | 4.52B | 4.50B | -0.53% | -4.99% | +4.8% | |
| Q2 FY2015 | 1.36 | 1.37 | +0.74% | -15.95% | 4.42B | 4.47B | +1.28% | +2.40% | -0.9% | |
| Q1 FY2015 | 1.45 | 1.22 | -15.86% | -24.22% | 5.34B | 5.00B | -6.28% | +11.65% | +2.1% | |
| Q4 FY2014 | 1.66 | 1.63 | -1.81% | -0.61% | 4.42B | 4.64B | +5.01% | +17.12% | -0.3% | |
| Q3 FY2014 | 1.66 | 1.73 | +4.22% | +2.98% | 4.04B | 4.74B | +17.28% | +18.38% | +2.4% | |
| Q2 FY2014 | 1.52 | 1.63 | +7.24% | +11.64% | 3.75B | 4.37B | +16.55% | +12.23% | -0.0% | |
| Q1 FY2014 | 1.54 | 1.61 | +4.55% | +5.92% | 3.93B | 4.48B | +13.84% | +10.99% | +0.2% | |
| Q4 FY2013 | 1.60 | 1.64 | +2.50% | -0.61% | 4.03B | 3.96B | -1.81% | -5.13% | -0.7% | |
| Q3 FY2013 | 1.53 | 1.68 | +9.80% | +12.75% | 3.65B | 4.00B | +9.50% | +3.15% | +0.3% | |
| Q2 FY2013 | 1.51 | 1.46 | -3.31% | +1.39% | 4.07B | 3.89B | -4.46% | -1.67% | -0.6% | |
| Q1 FY2013 | 1.46 | 1.52 | +4.11% | +7.04% | 3.91B | 4.04B | +3.13% | -1.98% | +0.3% | |
| Q4 FY2012 | 1.42 | 1.65 | +16.20% | +29.92% | 3.50B | 4.18B | +19.33% | +2.40% | +0.2% | |
| Q3 FY2012 | 1.40 | 1.49 | +6.43% | +9.56% | 3.63B | 3.88B | +6.87% | +16.81% | +0.2% | |
| Q2 FY2012 | 1.37 | 1.44 | +5.11% | +6.67% | 3.76B | 3.96B | +5.38% | +18.78% | -2.0% | |
| Q1 FY2012 | 1.38 | 1.42 | +2.90% | +7.58% | 4.00B | 4.12B | +2.99% | +18.71% | -0.3% | |
| Q4 FY2011 | 1.33 | 1.27 | -4.51% | +0.79% | 4.26B | 4.08B | -4.32% | +26.29% | -1.2% | |
| Q3 FY2011 | 1.31 | 1.36 | +3.82% | +19.30% | 3.11B | 3.32B | +6.73% | +17.03% | +0.8% | |
| Q2 FY2011 | 1.31 | 1.35 | +3.05% | +5.47% | 3.12B | 3.33B | +6.87% | +9.31% | -0.6% | |
| Q1 FY2011 | 1.29 | 1.32 | +2.33% | +16.81% | 3.27B | 3.47B | +6.11% | +14.64% | +0.1% | |
| Q4 FY2010 | 1.20 | 1.26 | +5.00% | +11.50% | 3.07B | 3.23B | +5.26% | +8.03% | -0.4% | |
| Q3 FY2010 | 1.19 | 1.14 | -4.20% | +8.57% | 3.03B | 2.84B | -6.34% | -4.73% | +1.1% | |
| Q2 FY2010 | 1.16 | 1.28 | +10.34% | +70.67% | 2.73B | 3.05B | +11.54% | -8.70% | +5.0% | |
| Q1 FY2010 | 1.07 | 1.13 | +5.61% | +26.97% | 2.86B | 3.03B | +5.94% | +23.87% | +0.7% | |
| Q4 FY2009 | 1.02 | 1.13 | +10.78% | -4.24% | 2.67B | 2.99B | +12.09% | +6.24% | +1.1% | |
| Q3 FY2009 | 0.96 | 1.05 | +9.38% | -3.67% | 2.70B | 2.98B | +10.34% | +8.48% | +1.6% | |
| Q2 FY2009 | 0.98 | 0.75 | -23.47% | -36.97% | 3.28B | 3.34B | +1.88% | +27.46% | -4.3% | |
| Q1 FY2009 | 0.98 | 0.89 | -9.18% | -27.05% | 2.67B | 2.44B | -8.42% | +20.53% | +4.2% | |
| Q4 FY2008 | 0.94 | 1.18 | +25.53% | -12.59% | 2.10B | 2.81B | +34.29% | +27.91% | -0.6% | |
| Q3 FY2008 | 1.15 | 1.09 | -5.22% | -19.85% | 2.89B | 2.75B | -4.96% | +7.46% | +4.1% | |
| Q2 FY2008 | 1.14 | 1.19 | +4.39% | -2.46% | 2.51B | 2.62B | +4.59% | +3.64% | -0.1% | |
| Q1 FY2008 | 1.37 | 1.22 | -10.95% | +7.02% | 2.25B | 2.03B | -9.87% | -1.92% | -2.4% | |
| Q4 FY2007 | 1.38 | 1.35 | -2.17% | +15.38% | 2.25B | 2.20B | -2.13% | -5.05% | +5.9% | |
| Q3 FY2007 | 1.31 | 1.36 | +3.82% | +17.24% | 2.46B | 2.55B | +3.97% | -0.62% | -0.2% | |
| Q2 FY2007 | 1.14 | 1.22 | +7.02% | +11.93% | 2.35B | 2.53B | +7.55% | +2.23% | -0.7% | |
| Q1 FY2007 | 1.09 | 1.14 | +4.59% | +7.55% | 2.46B | 2.07B | -15.91% | -16.76% | -0.8% | |
| Q4 FY2006 | 1.10 | 1.17 | +6.36% | +13.59% | 2.30B | 2.32B | +0.53% | -11.63% | -1.4% | |
| Q3 FY2006 | 1.07 | 1.16 | +8.41% | +33.33% | 2.35B | 2.57B | +9.18% | +6.62% | +0.8% | |
| Q2 FY2006 | 1.11 | 1.09 | -1.80% | +22.47% | 2.52B | 2.47B | -1.77% | +3.13% | +1.3% | |
| Q1 FY2006 | 1.04 | 1.06 | +1.92% | +17.78% | 2.43B | 2.48B | +1.96% | +2.92% | -1.8% | |
| Q4 FY2005 | 0.95 | 1.03 | +8.42% | +27.16% | 2.40B | 2.62B | +9.20% | -1.13% | -1.0% | |
| Q3 FY2005 | 0.93 | 0.87 | -6.45% | -31.50% | 2.57B | 2.41B | -6.06% | +2.13% | +1.3% | |
| Q2 FY2005 | 0.91 | 0.89 | -2.20% | -20.54% | 2.45B | 2.40B | -2.15% | -0.29% | -0.2% | |
| Q1 FY2005 | 0.93 | 0.90 | -3.23% | -10.00% | 2.49B | 2.41B | -3.13% | +2.01% | -1.6% | |
| Q4 FY2004 | 0.91 | 0.81 | -10.99% | -19.00% | 2.53B | 2.65B | +4.66% | +11.88% | -2.9% | |
| Q3 FY2004 | 1.03 | 1.27 | +23.30% | +28.28% | 1.83B | 2.36B | +28.78% | +2.35% | +0.2% | |
| Q2 FY2004 | 1.01 | 1.12 | +10.89% | +38.27% | 2.17B | 2.41B | +10.77% | +11.15% | +1.7% | |
| Q1 FY2004 | 1.00 | 1.00 | 0.00% | +26.58% | 2.36B | 2.36B | +0.00% | +3.69% | -1.3% | |
| Q4 FY2003 | 0.95 | 1.00 | +5.26% | +17.65% | 2.25B | 2.37B | +5.56% | +10.71% | +1.9% | |
| Q3 FY2003 | 0.83 | 0.99 | +19.28% | +37.50% | 1.86B | 2.31B | +23.88% | +8.94% | +0.9% | |
| Q2 FY2003 | 0.80 | 0.81 | +1.25% | +42.11% | 2.14B | 2.16B | +1.27% | -1.37% | -1.2% | |
| Q1 FY2003 | 0.78 | 0.79 | +1.28% | +11.27% | 2.25B | 2.28B | +1.30% | +7.60% | -0.3% | |
| Q4 FY2002 | 0.77 | 0.85 | +10.39% | +13,587.60% | 2.03B | 2.14B | +5.48% | -4.97% | +2.0% | |
| Q3 FY2002 | 0.75 | 0.72 | -4.00% | -13.25% | 2.20B | 2.12B | -3.85% | -3.31% | +0.8% | |
| Q2 FY2002 | 0.59 | 0.57 | -3.39% | -25.00% | 2.27B | 2.19B | -3.28% | -10.54% | +1.1% | |
| Q1 FY2002 | 0.69 | 0.71 | +2.90% | +1.43% | 2.11B | 2.12B | +0.17% | -1.86% | +0.3% | |
| Q4 FY2001 | — | 0.01 | — | -98.41% | — | 2.25B | — | -27.84% | +1.3% | |
| Q3 FY2001 | 0.78 | 0.83 | +6.41% | +18.57% | 2.05B | 2.19B | +6.85% | +6.21% | -2.0% | |
| Q2 FY2001 | 0.73 | 0.76 | +4.11% | -2.56% | 2.35B | 2.45B | +4.29% | +9.08% | +0.5% | |
| Q1 FY2001 | 0.77 | 0.70 | -9.09% | -1.41% | 2.35B | 2.16B | -8.33% | +3.18% | -2.8% | |
| Q4 FY2000 | 0.71 | 0.39 | -45.07% | -40.00% | 2.78B | 3.12B | +12.48% | +58.06% | -2.0% | |
| Q3 FY2000 | 0.71 | 0.70 | -1.41% | +1.45% | 2.09B | 2.06B | -1.39% | +3.54% | -4.7% | |
| Q2 FY2000 | 0.71 | 0.78 | +9.86% | +23.81% | 2.03B | 2.25B | +10.94% | +16.73% | +1.6% | |
| Q1 FY2000 | 0.67 | 0.71 | +5.97% | +12.70% | 1.97B | 2.09B | +6.35% | +10.22% | +1.4% | |
| Q4 FY1999 | 0.60 | 0.65 | +8.33% | +129.36% | 1.81B | 1.97B | +9.09% | -28.32% | -0.3% | |
| Q3 FY1999 | 0.62 | 0.69 | +11.29% | +4.55% | 1.77B | 1.99B | +12.73% | +5.84% | +1.1% | |
| Q2 FY1999 | 0.58 | 0.63 | +8.62% | -4.55% | 1.76B | 1.93B | +9.43% | +2.50% | 0.0% | |
| Q1 FY1999 | 0.60 | 0.63 | +5.00% | -1.56% | 1.80B | 1.90B | +5.26% | +5.32% | -1.9% | |
| Q4 FY1998 | — | 0.28 | — | -52.77% | — | 2.76B | — | +50.24% | +2.4% | |
| Q3 FY1998 | 0.63 | 0.66 | +4.76% | 0.00% | 1.79B | 1.88B | +5.00% | +2.39% | -2.2% | |
| Q2 FY1998 | 0.64 | 0.66 | +3.13% | +17.86% | 1.82B | 1.88B | +3.23% | +10.14% | -0.5% | |
| Q1 FY1998 | 0.62 | 0.64 | +3.23% | +10.34% | 1.74B | 1.80B | +3.33% | +7.22% | -0.1% | |
| Q4 FY1997 | 0.64 | 0.60 | -6.25% | +13.21% | 1.95B | 1.83B | -5.88% | +16.16% | -4.8% | |
| Q3 FY1997 | 0.60 | 0.66 | +10.00% | +22.22% | 1.65B | 1.84B | +11.11% | +21.31% | -1.0% | |
| Q2 FY1997 | 0.57 | 0.56 | -1.75% | +14.29% | 1.74B | 1.71B | -1.72% | +13.10% | -1.6% | |
| Q1 FY1997 | 0.55 | 0.58 | +5.45% | +11.54% | 1.59B | 1.68B | +5.77% | +10.78% | -1.7% | |
| Q4 FY1996 | 0.53 | 0.53 | 0.00% | +12.77% | 1.58B | 1.58B | +0.00% | +9.05% | -1.5% | |
| Q3 FY1996 | 0.49 | 0.54 | +10.20% | +17.39% | 1.36B | 1.51B | +11.36% | -36.56% | +1.1% | |
| Q2 FY1996 | 0.47 | 0.49 | +4.26% | +28.95% | 1.44B | 1.51B | +4.44% | — | -1.6% | |
| Q1 FY1996 | 0.47 | 0.52 | +10.64% | +33.33% | 1.36B | 1.52B | +11.90% | — | +2.2% | |
| Q4 FY1995 | 0.45 | 0.47 | +4.44% | -6.00% | 1.38B | 1.45B | +4.65% | — | -0.6% | |
| Q3 FY1995 | 0.43 | 0.46 | +6.98% | +48.39% | — | 2.39B | — | — | +0.5% | |
| Q2 FY1995 | 0.38 | 0.38 | 0.00% | +8.57% | — | — | — | — | -0.6% | |
| Q1 FY1995 | 0.42 | 0.39 | -7.14% | +8.33% | — | — | — | — | 0.0% | |
| Q4 FY1994 | 0.40 | 0.50 | +25.00% | +35.14% | — | — | — | — | +4.2% | |
| Q3 FY1994 | 0.28 | 0.31 | +10.71% | -6.06% | — | — | — | — | — | |
| Q2 FY1994 | 0.33 | 0.35 | +6.06% | +9.38% | — | — | — | — | — | |
| Q1 FY1994 | 0.36 | 0.36 | 0.00% | +28.57% | — | — | — | — | — | |
| Q4 FY1993 | 0.32 | 0.37 | +15.62% | — | — | — | — | — | — | |
| Q3 FY1993 | 0.33 | 0.33 | 0.00% | — | — | — | — | — | — | |
| Q2 FY1993 | 0.29 | 0.32 | +10.34% | — | — | — | — | — | — | |
| Q1 FY1993 | 0.30 | 0.28 | -6.67% | — | — | — | — | — | — | |
| Q1 FY1993 | 0.30 | 0.28 | -6.67% | — | — | — | — | — | — |
| Period | EPS estimate | Reported EPS | Surprise | EPS growth | Revenue estimate | Reported revenue | Surprise | Revenue growth |
|---|---|---|---|---|---|---|---|---|
| FY2028 | 12.50 | — | — | +10.22% | 30.07B | — | — | +6.44% |
| FY2027 | 11.34 | — | — | +6.68% | 28.25B | — | — | +0.58% |
| FY2026 | 10.63 | — | — | +22.63% | 28.09B | — | — | -16.16% |
| FY2025 | 8.47 | 8.67 | +2.36% | +22.11% | 25.58B | 33.50B | +31.00% | +12.35% |
| FY2024 | 10.68 | 7.10 | -33.54% | -18.39% | 30.34B | 29.82B | -1.70% | -4.28% |
| FY2023 | 8.44 | 8.70 | +3.14% | -21.76% | 22.54B | 31.16B | +38.24% | +21.32% |
| FY2022 | 9.74 | 11.12 | +14.17% | -9.74% | 20.06B | 25.68B | +28.05% | -0.97% |
The move is the shares' change on the trading day after the report: after a report after the close, the next day's close on the report day's; before the open, the report day's close on the day before's. Surprise is the reported figure against the analysts' average estimate.
From the last earnings call, the company's guidance and analysts' previews, and checked against the report when it comes.
Keeping losses contained would protect profits and reassure investors about the bank’s lending.
On average, analysts' EPS estimate was 8.9% off the result, either way, and their revenue estimate 34.3%, over the last 12 quarters.
See also:Forecast,EPS,Income statement
Source: Financial Modeling Prep
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