BMO

Bank of Montreal
D

BMO

Arincen63/100B

Bank of Montreal income statement 1994–2026

78.17B CAD over the last twelve months, and 78.15B CAD in fiscal year 2025.

Revenue Operating income Net income

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Fiscal year
TTM
31 Jul 2026
FY2025
31 Oct 2025
FY2024
31 Oct 2024
FY2023
31 Oct 2023
FY2022
31 Oct 2022
FY2021
31 Oct 2021
FY2020
31 Oct 2020
FY2019
31 Oct 2019
FY2018
31 Oct 2018
FY2017
31 Oct 2017
FY2016
31 Oct 2016
Revenue
78.17B78.15B78.56B68.01B37.27B32.49B34.37B38.60B32.34B27.86B25.46B
Revenue growth
-0.56%-0.52%+15.51%+82.47%+14.73%-5.48%-10.95%+19.36%+16.07%+9.41%+8.00%
Cost of revenue
42.59B45.67B50.28B38.37B11.33B5.60B12.30B14.14B10.26B6.88B5.29B
Gross profit
35.58B32.48B28.28B29.64B25.95B26.89B22.07B24.46B22.08B20.98B20.18B
Gross margin
45.52%41.56%36.00%43.59%69.61%82.77%64.22%63.37%68.27%75.29%79.24%
Selling, general and administrative
13.65B12.82B11.71B12.27B8.63B10.12B9.65B11.13B8.81B9.01B8.93B
Operating expenses
23.26B20.93B18.75B23.70B8.06B16.63B15.72B17.19B14.66B14.34B14.44B
12.38B11.55B9.54B5.95B17.89B10.26B6.35B7.27B7.41B6.63B5.73B
Operating income growth
+7.37%+21.13%+60.33%-66.75%+74.36%+61.59%-12.71%-1.92%+11.81%+15.68%+7.32%
Operating margin
15.83%14.78%12.14%8.74%47.99%31.58%18.47%18.84%22.93%23.80%22.51%
Interest income
61.49B63.54B65.99B55.57B26.90B19.89B23.32B26.15B21.04B17.41B14.39B
Interest expense
39.51B42.05B46.52B36.89B11.01B5.58B9.34B13.26B9.60B6.14B4.52B
Other non-operating income
—0.000.000.000.000.000.000.000.000.000.00
Pretax income
12.33B11.55B9.54B5.95B17.89B10.26B6.35B7.27B7.41B6.63B5.73B
Income tax
3.19B2.83B2.21B1.51B4.35B2.50B1.25B1.51B1.96B1.29B1.10B
Effective tax rate
25.84%24.46%23.16%25.39%24.32%24.41%19.71%20.82%26.45%19.48%19.21%
9.15B8.71B7.32B4.43B13.54B7.75B5.10B5.76B5.45B5.34B4.62B
Net income growth
+4.94%+19.01%+65.38%-67.31%+74.58%+52.13%-11.48%+5.59%+2.17%+15.47%+5.77%
Net margin
11.71%11.14%9.32%6.51%36.32%23.87%14.83%14.92%16.86%19.16%18.15%
Basic shares
660.21M721.93M727.74M709.36M663.99M647.16M642.13M640.36M644.91M651.96M667.92M
Diluted shares
660.96M723.27M728.54M710.52M665.71M648.68M642.13M640.36M644.91M651.96M667.92M
Change in diluted shares
-8.97%-0.72%+2.54%+6.73%+2.63%+1.02%+0.28%-0.71%-1.08%-2.39%+3.21%
EPS (basic)
12.2411.469.535.7720.0411.607.558.668.177.926.94
EPS (diluted)
12.2311.449.515.7619.9911.587.558.668.177.926.92
EPS growth
+7.00%+20.29%+65.10%-71.19%+72.63%+53.38%-12.82%+6.00%+3.16%+14.45%+5.33%
Dividends per share
4.844.604.464.304.193.403.153.323.172.732.56
Dividend growth
+6.52%+3.01%+3.83%+2.63%+23.14%+7.85%-4.96%+4.61%+16.04%+6.88%-0.12%
EBITDA
14.56B13.73B11.65B8.04B19.37B11.82B7.97B8.48B8.54B7.73B6.78B
EBITDA margin
18.62%17.57%14.82%11.82%51.96%36.39%23.18%21.96%26.41%27.76%26.62%
EBIT
12.35B11.55B9.54B5.95B17.89B10.26B6.35B7.27B7.41B6.63B5.73B

Figures in CAD. Shares and EPS are adjusted for stock splits. Quarterly growth is on the same quarter a year before; TTM is the last four quarters.

Common questions about Bank of Montreal's income statement

Source: Financial Modeling Prep