Financials in CAD. Standardized financial statements.
A compact view of how Bank of Montreal turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $78.15B | $78.56B | $29.02B | $26.26B | $26.91B | $22.23B | $25.33B | $22.87B | $21.87B | $20.95B |
| Revenue Growth? | -0.5% | +170.7% | +10.5% | -2.4% | +21.0% | -12.2% | +10.8% | +4.6% | +4.4% | 0.0% |
| Cost of Revenue? | $45.67B | $50.28B | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit? | $32.48B | $28.28B | $29.64B | $25.95B | $26.91B | $25.02B | $25.33B | $22.87B | $21.87B | $20.95B |
| Gross Margin? | +41.6% | +36.0% | +102.1% | +98.8% | +100.0% | +112.6% | +100.0% | +100.0% | +100.0% | +100.0% |
| Operating Expenses? | $20.93B | $18.75B | $23.70B | $8.06B | $9.72B | $9.65B | $11.13B | $8.81B | $9.01B | $8.93B |
| Operating Income? | $11.55B | $9.06B | $10.30B | $19.37B | $14.07B | $9.90B | $12.32B | $10.69B | $10.05B | $9.12B |
| EBITDA? | $12.39B | $11.18B | $7.71B | $19.09B | $11.44B | $7.61B | $8.11B | $8.37B | $7.14B | $6.42B |
| Income Before Tax | $11.38B | $9.54B | $5.95B | $17.89B | $10.26B | $6.35B | $7.27B | $7.41B | $6.65B | $5.73B |
| Income Tax Expense | $2.83B | $2.21B | $1.51B | $4.35B | $2.50B | $1.25B | $1.51B | $1.96B | $1.30B | $1.10B |
| Net Income? | $8.71B | $7.32B | $4.42B | $13.54B | $7.75B | $5.10B | $5.76B | $5.45B | $5.35B | $4.62B |
| EPS? | $11.46 | $9.53 | $5.77 | $20.04 | $11.60 | $7.56 | $8.68 | $8.19 | $7.95 | $6.94 |
| Diluted EPS? | $11.44 | $9.51 | $5.76 | $19.99 | $11.58 | $7.55 | $8.66 | $8.45 | $7.92 | $6.92 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality