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Bank of Montreal

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q1 2026Jan 31, 2026 Q4 2025Oct 31, 2025 Q3 2025Jul 31, 2025 Q2 2025Apr 30, 2025 Q1 2025Jan 31, 2025
Total Revenue 9.8B 9.3B 8.9B 8.7B 9.2B
Operating Revenue 9.8B 9.3B 8.9B 8.7B 9.2B
Selling General And Administration 3.7B 3.2B 3.2B 3.1B 3.4B
General And Administrative Expense 3.6B 3.0B 3.0B 2.9B 3.2B
Depreciation And Amortization In Income Statement 294.0M 290.0M 278.0M 296.0M 288.0M
Interest Expense 9.5B 10.0B 10.2B 10.6B 11.2B
Interest Income 15.2B 15.5B 15.7B 15.7B 16.6B
Net Interest Income 5.6B 5.5B 5.5B 5.1B 5.4B
Special Income Charges 18.0M -186.0M 0.00 -3.0M -3.0M
Restructuring And Mergern Acquisition 25.0M 4.0M 5.0M -2.0M 10.0M
Gain On Sale Of Security 85.0M 114.0M 49.0M 66.0M 58.0M
Pretax Income 3.3B 3.0B 3.1B 2.6B 2.8B
Tax Provision 836.0M 735.0M 756.0M 644.0M 690.0M
Tax Effect Of Unusual Items 4.5M -45.1M 0.00 -741,000 -731,966
Net Income From Continuing And Discontinued Operation 2.5B 2.3B 2.3B 2.0B 2.1B
Net Income From Continuing Operation Net Minority Interest 2.5B 2.3B 2.3B 2.0B 2.1B
Net Income Including Noncontrolling Interests 2.5B 2.3B 2.3B 2.0B 2.1B
Minority Interests 1.0M -7.0M -3.0M -2.0M -4.0M
Net Income Common Stockholders 2.4B 2.1B 2.3B 1.8B 2.1B
Net Income 2.5B 2.3B 2.3B 2.0B 2.1B
Reconciled Depreciation 547.0M 558.0M 533.0M 544.0M 545.0M
Basic EPS 3.40 -- 3.14 2.51 2.84
Diluted EPS 3.39 -- 3.14 2.50 2.83
Basic Average Shares 708.4M -- 719.5M 725.4M 729.6M
Diluted Average Shares 710.2M -- 720.8M 726.4M 730.7M
Total Unusual Items 18.0M -186.0M 0.00 -3.0M -3.0M
Total Unusual Items Excluding Goodwill 18.0M -186.0M 0.00 -3.0M -3.0M
Tax Rate For Calcs 0.25 0.24 0.25 0.25 0.24
Normalized Income 2.5B 2.4B 2.3B 2.0B 2.1B
Amortization 294.0M 290.0M 278.0M 296.0M 288.0M
Amortization Of Intangibles Income Statement 294.0M 290.0M 278.0M 296.0M 288.0M
Depreciation Amortization Depletion Income Statement 294.0M 290.0M 278.0M 296.0M 288.0M
Diluted NI Availto Com Stockholders 2.4B 2.1B 2.3B 1.8B 2.1B
Gain On Sale Of Business -4.0M -- -- -- 0.00
Net Income Continuous Operations 2.5B 2.3B 2.3B 2.0B 2.1B
Occupancy And Equipment 1.1B 1.2B 1.1B 1.1B 1.1B
Other Non Interest Expense 453.0M 444.0M 421.0M 433.0M 495.0M
Other Special Charges -47.0M -12.0M -5.0M 5.0M -7.0M
Preferred Stock Dividends 81.0M 163.0M 66.0M 142.0M 65.0M
Professional Expense And Contract Services Expense 168.0M 219.0M 172.0M 141.0M 146.0M
Salaries And Wages 3.6B 3.0B 3.0B 2.9B 3.2B
Selling And Marketing Expense 180.0M 224.0M 198.0M 210.0M 174.0M
Line Item Q1 2026Jan 31, 2026 Q4 2025Oct 31, 2025 Q3 2025Jul 31, 2025 Q2 2025Apr 30, 2025 Q1 2025Jan 31, 2025
Cash And Cash Equivalents 70.2B 70.3B 62.8B 68.6B 79.8B
Cash Financial -- -- -- -- --
Other Short Term Investments 110.9B 33.8B 106.4B 105.9B 100.3B
Accounts Receivable 45.2B 52.2B 42.3B 48.4B 38.1B
Receivables 47.4B 54.2B 44.7B 50.0B 40.2B
Gross PPE -- 13.2B -- -- --
Accumulated Depreciation -- -6.9B -- -- --
Net PPE 6.1B 6.3B 6.2B 6.2B 6.3B
Goodwill 16.6B 16.8B 16.7B 16.6B 17.5B
Goodwill And Other Intangible Assets 21.6B 21.6B 21.5B 21.5B 22.5B
Other Intangible Assets 5.0B 4.8B 4.8B 4.8B 5.0B
Investments And Advances 417.4B 420.7B 395.7B 395.4B 406.7B
Long Term Equity Investment -- 1.8B -- -- --
Total Assets 1458.1B 1476.8B 1431.6B 1440.3B 1468.1B
Current Debt 105.7B 113.3B 108.5B 109.5B 111.9B
Current Debt And Capital Lease Obligation 105.7B 113.3B 108.5B 109.5B 111.9B
Accounts Payable 43.3B 62.9B 46.4B 48.7B 41.3B
Payables 43.3B 68.0B 46.4B 48.7B 41.3B
Payables And Accrued Expenses 43.3B 68.0B 46.4B 48.7B 41.3B
Long Term Debt 169.4B 163.6B 158.7B 166.1B 162.5B
Long Term Debt And Capital Lease Obligation 169.4B 166.9B 158.7B 166.1B 162.5B
Long Term Capital Lease Obligation -- 3.3B -- -- --
Total Liabilities Net Minority Interest 1372.4B 1388.7B 1344.8B 1354.4B 1380.5B
Common Stock 23.7B 23.4B 23.6B 23.7B 23.9B
Capital Stock 25.3B 24.9B 25.3B 25.5B 25.7B
Additional Paid In Capital 379.0M 373.0M 368.0M 367.0M 363.0M
Retained Earnings 47.7B 47.4B 47.6B 47.2B 47.2B
Gains Losses Not Affecting Retained Earnings 6.2B 8.0B 6.1B 6.8B 8.2B
Other Equity Adjustments 6.2B 8.0B 6.1B 6.8B 8.2B
Common Stock Equity 84.2B 86.5B 85.0B 84.0B 85.8B
Stockholders Equity 85.7B 88.1B 86.7B 85.8B 87.6B
Total Equity Gross Minority Interest 85.8B 88.1B 86.8B 85.8B 87.6B
Minority Interest 46.0M 49.0M 42.0M 38.0M 41.0M
Total Capitalization 255.1B 251.6B 245.4B 251.9B 250.0B
Net Tangible Assets 64.1B 66.5B 65.2B 64.3B 65.1B
Tangible Book Value 62.5B 64.9B 63.5B 62.6B 63.3B
Invested Capital 359.2B 363.4B 352.2B 359.7B 360.1B
Total Debt 275.0B 280.2B 267.2B 275.7B 274.3B
Net Debt 204.8B 206.6B 204.4B 207.1B 194.5B
Share Issued 706.2M 708.9M 716.4M 722.1M 728.9M
Ordinary Shares Number 706.2M 708.9M 716.3M 722.1M 728.8M
Available For Sale Securities 114.6B 206.4B 118.3B 120.2B 127.5B
Buildings And Improvements -- -- -- -- --
Capital Lease Obligations -- 3.3B -- -- --
Cash Cash Equivalents And Federal Funds Sold 180.0B 199.7B 191.1B 188.1B 190.4B
Commercial Paper 96.9B 104.9B 99.1B 103.2B 105.3B
Current Notes Payable 8.8B 8.4B 9.4B 6.3B 6.6B
Defined Pension Benefit -- 1.4B -- -- --
Derivative Product Liabilities 65.4B 58.7B 51.5B 57.7B 66.4B
Employee Benefits -- 1.1B -- -- --
Income Tax Payable -- 329.0M -- -- --
Land And Improvements -- 2.4B -- -- --
Leases -- 2.9B -- -- --
Machinery Furniture Equipment -- 2.3B -- -- --
Non Current Deferred Liabilities -- 1.0M -- -- --
Non Current Deferred Taxes Liabilities -- 1.0M -- -- --
Non Current Pension And Other Postretirement Benefit Plans -- 190.0M -- -- --
Other Equity Interest 6.2B 7.4B 7.4B 6.0B 6.0B
Other Properties -- 5.6B -- -- --
Other Receivables 2.2B 2.0B 2.5B 1.6B 2.1B
Preferred Shares Number 16.0M 16.0M 24.0M 24.0M 24.0M
Preferred Stock 1.6B 1.6B 1.8B 1.8B 1.8B
Preferred Stock Equity 1.6B 1.6B 1.8B 1.8B 1.8B
Total Tax Payable -- 329.0M -- -- --
Trading Securities 191.9B 178.7B 171.0B 169.3B 178.9B
Treasury Shares Number 42,560 -- 53,745 0.00 95,889
Line Item Q1 2026Jan 31, 2026 Q4 2025Oct 31, 2025 Q3 2025Jul 31, 2025 Q2 2025Apr 30, 2025 Q1 2025Jan 31, 2025
Operating Cash Flow 1.8B 12.8B -4.2B -3.2B 4.9B
Cash Flow From Continuing Operating Activities 1.8B 12.8B -4.2B -3.2B 4.9B
Depreciation And Amortization 547.0M 558.0M 533.0M 544.0M 545.0M
Depreciation Amortization Depletion 547.0M 558.0M 533.0M 544.0M 545.0M
Deferred Tax 16.0M -147.0M -77.0M 65.0M 171.0M
Deferred Income Tax 16.0M -147.0M -77.0M 65.0M 171.0M
Change In Working Capital -1.9B 9.3B -7.7B -6.8B 1.1B
Change In Other Working Capital -25.2B -2.0B -3.2B 1.2B -16.9B
Capital Expenditure -384.0M -499.0M -405.0M -439.0M -386.0M
Purchase Of PPE -384.0M -499.0M -405.0M -439.0M -386.0M
Net PPE Purchase And Sale -384.0M -499.0M -405.0M -439.0M -386.0M
Purchase Of Business -48.0M -- -- -- 0.00
Purchase Of Investment -13.6B -30.7B -12.6B -16.8B -18.6B
Sale Of Investment 14.4B 27.8B 13.9B 12.7B 25.8B
Net Investment Purchase And Sale 844.0M -2.9B 1.3B -4.2B 7.3B
Investing Cash Flow 298.0M -2.0B -113.0M -4.6B 7.3B
Cash Flow From Continuing Investing Activities 298.0M -2.0B -113.0M -4.6B 7.3B
Issuance Of Debt -- 0.00 0.00 1.2B --
Repayment Of Debt -104.0M -85.0M -1.3B -78.0M -60.0M
Net Issuance Payments Of Debt -104.0M -85.0M -1.3B 1.2B -60.0M
Issuance Of Capital Stock 68.0M 64.0M 1.4B 42.0M 44.0M
Repurchase Of Capital Stock -2.3B -1.6B -889.0M -963.0M -480.0M
Net Common Stock Issuance -1.0B -1.3B -862.0M -921.0M -136.0M
Common Stock Payments -1.1B -1.4B -889.0M -963.0M -180.0M
Financing Cash Flow -627.0M -2.6B -2.6B -697.0M -2.8B
Cash Flow From Continuing Financing Activities -627.0M -2.6B -2.6B -697.0M -2.8B
Effect Of Exchange Rate Changes -1.6B 698.0M 186.0M -2.6B 1.9B
Changes In Cash 1.5B 8.2B -7.0B -8.5B 9.4B
Beginning Cash Position 67.5B 58.6B 65.4B 76.5B 65.1B
End Cash Position 67.4B 67.5B 58.6B 65.4B 76.5B
Free Cash Flow 1.4B 12.3B -4.6B -3.6B 4.5B
Income Tax Paid Supplemental Data 883.0M 439.0M 1.1B 826.0M 480.0M
Interest Paid Supplemental Data 9.8B 10.2B 10.9B 10.4B 11.7B
Amortization Cash Flow 294.0M 290.0M 278.0M 296.0M 288.0M
Amortization Of Intangibles 294.0M 290.0M 278.0M 296.0M 288.0M
Cash Dividends Paid -1.3B -1.2B -1.3B -1.2B -1.3B
Common Stock Issuance 68.0M 64.0M 27.0M 42.0M 44.0M
Depreciation 253.0M 268.0M 255.0M 248.0M 257.0M
Earnings Losses From Equity Investments -41.0M -83.0M -45.0M 2.0M -49.0M
Gain Loss On Investment Securities -82.0M -116.0M -49.0M -67.0M -58.0M
Long Term Debt Issuance -- 0.00 0.00 1.2B --
Long Term Debt Payments -104.0M -85.0M -1.3B -78.0M -60.0M
Net Business Purchase And Sale -48.0M -- -- -- 0.00
Net Income From Continuing Operations 2.5B 2.3B 2.3B 2.0B 2.1B
Net Intangibles Purchase And Sale -- -- -- -- --
Net Long Term Debt Issuance -104.0M -85.0M -1.3B 1.2B -60.0M
Net Other Financing Charges 3.1B 274.0M -504.0M 276.0M -994.0M
Net Preferred Stock Issuance -1.2B -200.0M 1.4B 0.00 -300.0M
Operating Gains Losses -126.0M -197.0M -94.0M -64.0M -107.0M
Preferred Stock Issuance -- 0.00 1.4B 0.00 --
Preferred Stock Payments -1.2B -200.0M 0.00 0.00 -300.0M
Purchase Of Intangibles -- -- -- -- --
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