BMO
Bank of Montreal
NYSE: BMO · FINANCIAL SERVICES · BANKS - DIVERSIFIED
$152.16
+2.68% today
Updated 2026-04-30
Market cap
$107.25B
P/E ratio
17.33
P/S ratio
3.20x
EPS (TTM)
$8.78
Dividend yield
4.30%
52W range
$91 – $154
Volume
0.8M
Bank of Montreal (BMO) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2010 | 2011 | 2012 | 2013 | 2014 | 2014 | 2015 | 2015 | 2016 | 2016 | 2017 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.45B | $18.99B | $20.77B | $21.42B | $22.63B | $58.77B | $23.58B | $42.83B | $25.46B | $57.09B | $27.86B | $52.27B | $32.34B | $38.60B | $34.37B | $32.49B | $37.27B | $68.01B | $78.56B | $78.15B |
| Revenue growth (YoY) | — | +22.9% | +9.3% | +3.1% | +5.7% | +159.7% | -59.9% | +81.6% | -40.5% | +124.2% | -51.2% | +87.6% | -38.1% | +19.4% | -11.0% | -5.5% | +14.7% | +82.5% | +15.5% | -0.5% |
| Cost of revenue | $4.29B | $6.26B | $5.60B | $5.17B | $5.14B | $0.00 | $5.01B | $0.00 | $5.29B | $0.00 | $6.88B | $0.00 | $10.26B | $14.14B | $12.30B | $5.60B | $11.32B | $38.37B | $50.28B | $45.67B |
| Gross profit | $11.16B | $12.73B | $15.16B | $16.24B | $17.49B | $0.00 | $18.57B | $0.00 | $20.18B | $0.00 | $20.98B | $0.00 | $22.08B | $24.46B | $22.07B | $26.89B | $25.95B | $29.64B | $28.28B | $32.48B |
| Gross margin | 72.2% | 67.0% | 73.0% | 75.8% | 77.3% | 0.0% | 78.8% | 0.0% | 79.2% | 0.0% | 75.3% | 0.0% | 68.3% | 63.4% | 64.2% | 82.8% | 69.6% | 43.6% | 36.0% | 41.6% |
| R&D | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | $0.00 | — | $0.00 | — | $0.00 | — | $0.00 | $0.00 | — | — | — | — | — | — |
| SG&A | $4.36B | $4.83B | $5.61B | $6.61B | $7.75B | $42.69B | $8.34B | $31.12B | $8.93B | $43.21B | $9.01B | $37.77B | $8.81B | $11.13B | $9.65B | $9.72B | $8.11B | $11.46B | $10.87B | $12.02B |
| Operating income | $3.57B | $3.99B | $5.03B | $5.25B | $5.24B | — | $5.34B | — | $5.73B | — | $6.63B | — | $7.41B | $7.27B | $6.35B | $10.26B | $17.89B | $5.95B | $9.54B | $11.55B |
| Operating margin | 23.1% | 21.0% | 24.2% | 24.5% | 23.1% | 0.0% | 22.7% | 0.0% | 22.5% | 0.0% | 23.8% | 0.0% | 22.9% | 18.8% | 18.5% | 31.6% | 48.0% | 8.7% | 12.1% | 14.8% |
| EBITDA | $4.04B | $4.53B | $5.71B | $5.94B | $5.98B | — | $6.13B | — | $6.78B | — | $7.73B | — | $8.54B | $8.48B | $7.97B | $11.82B | $19.37B | $8.04B | $11.64B | $13.73B |
| EBITDA margin | 26.2% | 23.8% | 27.5% | 27.8% | 26.4% | 0.0% | 26.0% | 0.0% | 26.6% | 0.0% | 27.8% | 0.0% | 26.4% | 22.0% | 23.2% | 36.4% | 52.0% | 11.8% | 14.8% | 17.6% |
| EBIT | $3.57B | $3.99B | $5.03B | $5.25B | $5.24B | $16.08B | $5.34B | $11.70B | $5.73B | $13.88B | $6.63B | $14.50B | $7.41B | $7.27B | $6.35B | $10.26B | $17.89B | $5.95B | $9.54B | $11.55B |
| Interest expense | $3.24B | $5.05B | $4.84B | $4.59B | $4.58B | $0.00 | $4.39B | $0.00 | $4.52B | $0.00 | $6.14B | $0.00 | $9.60B | $13.26B | $9.34B | $5.58B | $11.01B | $36.89B | $46.52B | $42.05B |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $2.81B | $3.04B | $4.08B | $4.13B | $4.28B | $2.20B | $4.37B | $1.27B | $4.62B | $2.55B | $5.34B | $5.15B | $5.45B | $5.76B | $5.10B | $7.75B | $13.54B | $4.42B | $7.32B | $8.71B |
| Net income growth (YoY) | — | +8.2% | +34.2% | +1.2% | +3.6% | -48.5% | +98.5% | -71.0% | +264.5% | -44.9% | +109.4% | -3.5% | +5.9% | +5.6% | -11.5% | +52.1% | +74.6% | -67.3% | +65.4% | +19.0% |
| Profit margin | 18.2% | 16.0% | 19.7% | 19.3% | 18.9% | 3.7% | 18.5% | 3.0% | 18.2% | 4.5% | 19.2% | 9.9% | 16.9% | 14.9% | 14.8% | 23.9% | 36.3% | 6.5% | 9.3% | 11.1% |