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Livermore
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Bank of Montreal

BERZ
Exchange
NYSE
Industry
Commercial Banks, NEC
SEC CIK
0000927971

No open-market purchases or sales by Bank of Montreal insiders were filed in the last 90 days; 2 institutions reported holding it in 13F filings for Q2 2026, worth $242.6K in total; no superinvestor holds it.

Other share classesBMOAIQDAIQUBNKDBNKUBRZDBRZLBULZCARDCARUDULLFLYDFLYUFNGDFNGOFNGSFNGUGDXDGDXUHYGDHYGUJETDJETUJPNDJPNULQDDLQDUMNGUNRGDNRGUOILDOILUSHNYSMHDSMHUSPYUTAWNTPEIWTIDWTIUXLCDXLCUXLPDXLPU

Currency
CAD
Source
SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
Updated
Oct 8, 2026, 12:00 PM ET

Amounts are in CAD, the currency Bank of Montreal reports in. Lines marked ≈ US$ convert key figures to US dollars.

Revenue flow, FY2025

Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.

Income statement

Each column is one fiscal year, newest first.

Income statement of Bank of Montreal, annual
Line itemFY2025FY2024FY2023FY2022FY2021
Period endOct 31, 2025Oct 31, 2024Oct 31, 2023Oct 31, 2022Oct 31, 2021
Filing40-F40-F40-F40-F40-F
Reported–––––
RevenueCAD 36.3B≈ US$25.9BCAD 32.8B≈ US$24.1BCAD 31.2B≈ US$23.1BCAD 33.7B≈ US$26.2BCAD 27.2B≈ US$21.6B
Interest expenseCAD 42.0BCAD 46.5BCAD 36.9BCAD 11.0BCAD 5.58B
Income taxCAD 2.83BCAD 2.21BCAD 1.49BCAD 4.35BCAD 2.50B
Net incomeCAD 8.72B≈ US$6.23BCAD 7.33B≈ US$5.38BCAD 4.38B≈ US$3.25BCAD 13.5B≈ US$10.5BCAD 7.75B≈ US$6.17B
EPS, basicCAD 11.46CAD 9.52CAD 5.69CAD 20.04CAD 11.60
EPS, dilutedCAD 11.44CAD 9.51CAD 5.68CAD 19.99CAD 11.58
Weighted shares, basic721.9M727.7M709.4M664.0M647.2M
Weighted shares, diluted723.3M728.5M710.5M665.7M648.7M
Margins and growth
Net margin24.1%22.3%14.0%40.2%28.5%
Revenue growth, year over year+10.6%+5.1%−7.4%+24.0%+7.9%
Net income growth, year over year+19.1%+67.4%−67.7%+74.6%+52.1%

Balance sheet

Each column is one fiscal year, newest first.

Balance sheet of Bank of Montreal, annual
Line itemFY2025FY2024FY2023FY2022FY2021
Period endOct 31, 2025Oct 31, 2024Oct 31, 2023Oct 31, 2022Oct 31, 2021
Filing40-F40-F40-F40-F40-F
Reported–––––
Cash and equivalentsCAD 67.5BCAD 65.1BCAD 77.9BCAD 87.5BCAD 93.3B
Property, plant and equipmentCAD 6.25BCAD 6.25BCAD 6.24BCAD 4.84BCAD 4.45B
GoodwillCAD 16.8BCAD 16.8BCAD 16.7BCAD 5.29BCAD 5.38B
Intangible assetsCAD 4.76BCAD 4.92BCAD 5.22BCAD 2.19BCAD 2.27B
Total assetsCAD 1.48T≈ US$1.05TCAD 1.41T≈ US$1.01TCAD 1.29T≈ US$931.9BCAD 1.14T≈ US$835.3BCAD 988.2B≈ US$797.1B
Total liabilitiesCAD 1.39TCAD 1.33TCAD 1.22TCAD 1.07TCAD 930.7B
Shareholders' equityCAD 88.1BCAD 84.3BCAD 77.0BCAD 71.0BCAD 57.5B

Cash flow statement

Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.

Cash flow statement of Bank of Montreal, annual
Line itemFY2025FY2024FY2023FY2022FY2021
Period endOct 31, 2025Oct 31, 2024Oct 31, 2023Oct 31, 2022Oct 31, 2021
Filing40-F40-F40-F40-F40-F
Reported–––––
Operating cash flowCAD 10.2B≈ US$7.31BCAD 29.0B≈ US$21.3BCAD 9.59B≈ US$7.11BCAD 4.96B≈ US$3.85BCAD 44.0B≈ US$35.1B
Capital expenditures––CAD 885.0MCAD 777.0MCAD 484.0M
Free cash flow––CAD 8.71B≈ US$6.46BCAD 4.18B≈ US$3.25BCAD 43.6B≈ US$34.7B
Dividends paidCAD 5.03BCAD 3.84BCAD 2.70BCAD 2.60BCAD 2.98B
Share buybacksCAD 500.0MCAD 1.25B–––
Investing cash flowCAD 605.0MCAD -24.5BCAD -21.2BCAD -29.5BCAD -299.0M
Financing cash flowCAD -8.67BCAD -17.4BCAD 268.0MCAD 16.0BCAD -5.12B
Net change in cashCAD 2.39BCAD -12.8BCAD -9.53BCAD -5.79BCAD 35.9B

Shares outstanding

Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.

Shares outstanding for Bank of Montreal by cover date
Cover dateShares outstandingChange in a yearFiling
Oct 31, 2025708.9M−2.8%SEC
Oct 31, 2024729.6M+1.2%SEC
Oct 31, 2023721.0M+6.5%SEC
Oct 31, 2022677.3M+4.5%SEC
Oct 31, 2021648.2M+0.3%SEC
Oct 31, 2020646.5M+1.1%SEC
Oct 31, 2019639.2M−1.3%SEC
Oct 31, 2018647.8M–SEC

Notes and known gaps

How these numbers are put together, and what they can't tell you.

  • Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
  • Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
  • ≈ US$ figures convert CAD at FRED H.10 exchange rates (Federal Reserve): the average rate over the period for income and cash flow, and the rate on the period-end date, or the last business day before it, for the balance sheet.

Known gaps

  • Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
  • EPS and share counts are as reported at the time, not adjusted for later stock splits.
  • For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
  • For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
  • Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
  • Depreciation and amortization is missing for some companies that report it under their own XBRL tags.