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Bank of Montreal (BMO) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

FINANCIAL SERVICES · BANKS - DIVERSIFIED · DATA UPDATED 2026-09-19

Bank of Montreal (BMO) operates in the BANKS - DIVERSIFIED industry and is headquartered in Montreal, Canada with about 53,234 employees. Its market capitalization is roughly $121 billion. In the fiscal year ended 2025-10-31, BMO reported C$78.1B in revenue and C$8.7B in net income.

Bank of Montreal provides diversified financial services primarily in North America. It operates through Canadian Personal and Commercial Banking; U.S. Banking; Wealth Management; and Capital Markets segments.

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BMO Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-04-302025-10-312024-10-312023-10-312022-10-312021-10-312020-10-312019-10-312018-10-312017-12-312017-10-312016-12-312016-10-312015-12-312015-10-312014-12-312014-10-312013-10-312012-10-312011-10-312010-10-31
Total RevenueC$77.1BC$78.1BC$78.6BC$68.0BC$37.3BC$32.5BC$34.4BC$38.6BC$32.3BC$52.3BC$27.9BC$57.1BC$25.5BC$42.8BC$23.6BC$58.8BC$22.6BC$21.4BC$20.8BC$19.0BC$15.5B
Gross ProfitC$34.5BC$32.5BC$28.3BC$29.6BC$25.9BC$26.9BC$22.1BC$24.5BC$22.1BC$0MC$21.0BC$0MC$20.2BC$0MC$18.6BC$0MC$17.5BC$16.2BC$15.2BC$12.7BC$11.2B
Gross Margin %44.8%41.6%36.0%43.6%69.6%82.8%64.2%63.4%68.3%0.0%75.3%0.0%79.2%0.0%78.8%0.0%77.3%75.8%73.0%67.0%72.2%
Operating Income (EBIT)C$12.9BC$11.6BC$9.5BC$5.9BC$17.9BC$10.3BC$6.3BC$7.3BC$7.4BC$6.6BC$5.7BC$5.3BC$5.2BC$5.2BC$5.0BC$4.0BC$3.6B
Operating Margin %16.8%14.8%12.1%8.7%48.0%31.6%18.5%18.8%22.9%23.8%22.5%22.7%23.1%24.5%24.2%21.0%23.1%
Net IncomeC$9.7BC$8.7BC$7.3BC$4.4BC$13.5BC$7.8BC$5.1BC$5.8BC$5.5BC$5.2BC$5.3BC$2.5BC$4.6BC$1.3BC$4.4BC$2.2BC$4.3BC$4.1BC$4.1BC$3.0BC$2.8B
Net Margin %12.6%11.1%9.3%6.5%36.3%23.9%14.8%14.9%16.9%9.8%19.2%4.5%18.1%3.0%18.5%3.8%18.9%19.3%19.7%16.0%18.2%
EBITDAC$15.1BC$13.7BC$11.6BC$8.0BC$19.4BC$11.8BC$8.0BC$8.5BC$8.5BC$7.7BC$6.8BC$6.1BC$6.0BC$5.9BC$5.7BC$4.5BC$4.0B
Earnings Per Share (EPS)C$13.60C$12.04C$10.04C$6.23C$20.33C$11.95C$7.94C$8.99C$8.46C$7.90C$6.92C$6.75C$6.60C$6.36C$6.29C$5.12C$4.99
Shares Outstanding (M)710M723M729M711M666M649M642M640M645M675M668M647M648M650M649M594M563M

CAD; C$M / C$B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

BMO Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-04-302026-01-312025-10-312025-07-312025-04-302025-01-312024-10-312024-07-31
Total RevenueC$19.3BC$19.3BC$19.3BC$19.2BC$19.2BC$20.4BC$19.7BC$20.5B
Gross ProfitC$8.8BC$9.1BC$8.5BC$8.1BC$7.6BC$8.2BC$6.8BC$7.2B
Gross Margin %45.6%46.9%44.1%42.4%39.6%40.1%34.4%35.4%
Operating Income (EBIT)C$3.5BC$3.3BC$3.0BC$3.1BC$2.6BC$2.8BC$3.0BC$2.4B
Operating Margin %18.1%17.2%15.7%16.1%13.6%13.8%15.2%12.0%
Net IncomeC$2.6BC$2.5BC$2.3BC$2.3BC$2.0BC$2.1BC$2.3BC$1.9B
Net Margin %13.6%12.9%11.9%12.1%10.2%10.4%11.7%9.1%
EBITDAC$4.0BC$3.9BC$3.6BC$3.6BC$3.1BC$3.4BC$3.5BC$3.0B
Earnings Per Share (EPS)C$3.70C$3.51C$3.16C$3.23C$2.70C$2.93C$3.16C$2.55
Shares Outstanding (M)710M710M723M721M726M729M729M730M

CAD; C$M / C$B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

BMO Free Cash Flow History

Cash flowTTM → 2026-04-302025-10-312024-10-312023-10-312022-10-312021-10-312020-10-312019-10-312018-10-312017-12-312017-10-312016-12-312016-10-312015-12-312015-10-312014-12-312014-10-312013-10-312012-10-312011-10-312010-10-31
Cash from Operations (CFO)C$19.5BC$10.2BC$29.0BC$9.6BC$5.0BC$44.0BC$50.8BC$29.3BC$17.9B(C$4.3B)C$2.9BC$2.6B(C$2.7B)C$24.1BC$2.2BC$16.1B(C$2.9B)C$11.4BC$10.3BC$1.6B(C$6.6B)
Capital Expenditures (CapEx)C$1.8BC$1.7BC$1.6BC$1.7BC$1.4BC$983MC$1.0BC$1.1BC$886MC$4.9BC$791MC$4.6BC$611MC$5.0BC$524MC$5.4BC$737MC$615MC$664MC$639MC$481M
Free Cash Flow (FCF)C$17.7BC$8.5BC$27.5BC$7.9BC$3.5BC$43.1BC$49.8BC$28.2BC$17.0B(C$9.3B)C$2.1B(C$2.1B)(C$3.3B)C$19.1BC$1.7BC$10.8B(C$3.7B)C$10.8BC$9.6BC$977M(C$7.1B)
FCF Margin %
Dividends PaidC$5.1BC$5.0BC$3.8BC$2.7BC$2.6BC$3.0BC$2.5BC$2.8BC$2.6BC$3.7BC$2.0BC$3.0BC$2.2BC$2.2BC$2.1BC$490MC$1.9BC$1.9BC$1.4BC$1.7BC$1.2B

CAD; C$M / C$B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

BMO Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-07-312026-04-302026-01-312025-10-312025-07-312025-04-302025-01-312024-10-312024-07-31
Cash from Operations (CFO)C$26.7BC$9.1BC$1.8BC$12.8B(C$4.2B)(C$3.2B)C$4.9BC$4.7BC$2.0B
Capital Expenditures (CapEx)C$572MC$476MC$384MC$499MC$405MC$439MC$386MC$432MC$413M
Free Cash Flow (FCF)C$26.2BC$8.6BC$1.4BC$12.3B(C$4.6B)(C$3.6B)C$4.5BC$4.3BC$1.6B
FCF Margin %
Dividends PaidC$1.3BC$1.3BC$1.2BC$1.3BC$1.2BC$1.3BC$1.2BC$1.2B

CAD; C$M / C$B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

BMO Balance Sheet History

Balance sheet2026-07-312025-10-312024-10-312023-10-312022-10-312021-10-312020-10-312019-10-312018-10-312017-12-312017-10-312016-12-312016-10-312015-12-312015-10-312014-12-312014-10-312013-10-312012-10-312011-10-312010-10-31
Total AssetsC$1.54TC$1.48TC$1.41TC$1.35TC$1.14TC$988.2BC$949.3BC$852.2BC$774.0BC$1.10TC$709.6BC$1.01TC$687.9BC$1.19TC$641.9BC$1.33TC$588.7BC$537.0BC$525.4BC$500.6BC$437.7B
Cash & Cash EquivalentsC$77.3BC$70.3BC$68.7BC$82.0BC$93.2BC$101.6BC$66.4BC$56.8BC$50.4BC$365.4BC$39.1BC$348.5BC$36.1BC$408.1BC$47.7BC$444.5BC$34.5BC$32.6BC$26.3BC$25.7BC$22.6B
Total LiabilitiesC$1.45TC$1.39TC$1.33TC$1.27TC$1.07TC$930.7BC$892.7BC$801.1BC$728.3BC$1.03TC$665.2BC$951.2BC$645.6BC$1.12TC$602.0BC$1.26TC$553.3BC$505.9BC$495.4BC$472.7BC$416.0B
Total Debt (Short + Long-Term)C$312.8BC$307.4BC$369.9BC$351.3BC$226.0BC$208.9BC$183.4BC$183.9BC$108.1BC$104.2BC$103.4BC$110.5BC$98.0BC$115.2BC$106.1BC$148.6BC$44.1BC$33.2BC$44.3BC$37.8BC$45.5B
Total Shareholders' EquityC$86.5BC$88.1BC$84.2BC$76.1BC$71.0BC$57.5BC$56.6BC$51.1BC$45.7BC$66.2BC$44.4BC$59.3BC$42.3BC$68.7BC$39.9BC$75.9BC$34.3BC$30.1BC$28.7BC$26.4BC$20.2B

CAD; C$M / C$B as marked (reporting currency). Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive BMO viewer.

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