Financials in USD. 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 | $68.01B | $37.27B | $32.49B | $34.37B | $38.60B | $32.34B | $27.86B | $25.46B |
| Revenue Growth? | -0.5% | +15.5% | +82.5% | +14.7% | -5.5% | -11.0% | +19.4% | +16.1% | +9.4% | 0.0% |
| Cost of Revenue? | $45.67B | $50.28B | $38.37B | $11.32B | $5.60B | $12.30B | $14.14B | $10.26B | $6.88B | $5.29B |
| Gross Profit? | $32.48B | $28.28B | $29.64B | $25.95B | $26.89B | $22.07B | $24.46B | $22.08B | $20.98B | $20.18B |
| Gross Margin? | +41.6% | +36.0% | +43.6% | +69.6% | +82.8% | +64.2% | +63.4% | +68.3% | +75.3% | +79.2% |
| Operating Expenses? | $20.93B | $18.75B | $23.70B | $8.06B | $16.63B | $15.72B | $17.19B | $14.66B | $14.34B | $14.44B |
| Operating Income? | $11.55B | $9.54B | $5.95B | $17.89B | $10.26B | $6.35B | $7.27B | $7.41B | $6.63B | $5.73B |
| EBITDA? | $13.73B | $11.64B | $8.04B | $19.37B | $11.82B | $7.97B | $8.48B | $8.54B | $7.73B | $6.78B |
| Income Before Tax | $11.55B | $9.54B | $5.95B | $17.89B | $10.26B | $6.35B | $7.27B | $7.41B | $6.63B | $5.73B |
| Income Tax Expense | $2.83B | $2.21B | $1.51B | $4.35B | $2.50B | $1.25B | $1.51B | $1.96B | $1.29B | $1.10B |
| Net Income? | $8.71B | $7.32B | $4.42B | $13.54B | $7.75B | $5.10B | $5.76B | $5.45B | $5.34B | $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 | $8.17 | $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