Income Statement - BANK OF MONTREAL /CAN/ (BMO)
$(Billion, Million)| Oct-25 | Oct-24 | Oct-23 | Oct-22 | Oct-21 | Oct-20 | Oct-19 | Oct-18 | Dec-17 | Oct-17 | Dec-16 | Oct-16 | Dec-15 | Oct-15 | Dec-14 | Oct-14 | Oct-13 | Oct-12 | Oct-11 | Oct-10 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 78.15 | 78.56 | 68.01 | 37.27 | 32.49 | 34.37 | 38.60 | 32.34 | 52.27 | 27.86 | 57.09 | 25.46 | 42.83 | 23.58 | 58.77 | 22.63 | 21.42 | 20.77 | 18.99 | 15.45 |
| Cost of revenue | 45.67 | 50.28 | 38.37 | 11.33 | 5.60 | 12.30 | 14.14 | 10.26 | 0.00 | 6.88 | 0.00 | 5.29 | 0.00 | 5.01 | 0.00 | 5.14 | 5.18 | 5.60 | 6.26 | 4.29 |
| Gross profit | 32.48 | 28.28 | 29.64 | 25.95 | 26.89 | 22.07 | 24.46 | 22.08 | 0.00 | 20.98 | 0.00 | 20.18 | 0.00 | 18.57 | 0.00 | 17.49 | 16.24 | 15.17 | 12.73 | 11.16 |
| Total operating expenses | 20.93 | 18.75 | 23.70 | 8.06 | 16.63 | 15.72 | 17.19 | 14.66 | 0.00 | 14.34 | 0.00 | 14.44 | 0.00 | 13.23 | 0.00 | 12.26 | 10.99 | 10.14 | 8.74 | 7.59 |
| Operating income | 11.55 | 9.54 | 5.95 | 17.89 | 10.26 | 6.35 | 7.27 | 7.41 | 6.63 | 5.73 | 5.34 | 5.24 | 5.25 | 5.03 | 3.99 | 3.57 | ||||
| Non-operating income (net) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7.61 | 0.00 | 4.80 | 0.00 | 2.42 | 0.00 | 2.75 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income before tax | 11.55 | 9.54 | 5.95 | 17.89 | 10.26 | 6.35 | 7.27 | 7.41 | 7.61 | 6.63 | 4.80 | 5.73 | 2.42 | 5.34 | 2.75 | 5.24 | 5.25 | 5.03 | 3.99 | 3.57 |
| Income tax expense | 2.83 | 2.21 | 1.51 | 4.35 | 2.50 | 1.25 | 1.51 | 1.96 | 2.34 | 1.29 | 2.13 | 1.10 | 1.01 | 0.94 | 0.41 | 0.90 | 1.06 | 0.87 | 0.88 | 0.69 |
| Net income | 8.71 | 7.32 | 4.43 | 13.54 | 7.75 | 5.10 | 5.76 | 5.45 | 5.15 | 5.34 | 2.55 | 4.62 | 1.27 | 4.37 | 2.20 | 4.28 | 4.13 | 4.08 | 3.04 | 2.81 |
Show Quarterly Income Statement
Income Statement - BANK OF MONTREAL /CAN/ (BMO)
$(Billion, Million)| Apr-26 | Jan-26 | Oct-25 | Jul-25 | Apr-25 | Jan-25 | Oct-24 | Jul-24 | Apr-24 | Jan-24 | Oct-23 | Jul-23 | Apr-23 | Jan-23 | Oct-22 | Jul-22 | Apr-22 | Jan-22 | Oct-21 | Jul-21 | Apr-21 | Jan-21 | Oct-20 | Jul-20 | Apr-20 | Jan-20 | Oct-19 | Jul-19 | Apr-19 | Jan-19 | Oct-18 | Jul-18 | Apr-18 | Jan-18 | Oct-17 | Jul-17 | Apr-17 | Jan-17 | Oct-16 | Jul-16 | Apr-16 | Jan-16 | Oct-15 | Jul-15 | Apr-15 | Jan-15 | Oct-14 | Jul-14 | Apr-14 | Jan-14 | Oct-13 | Jul-13 | Apr-13 | Jan-13 | Oct-12 | Jul-12 | Apr-12 | Jan-12 | Oct-11 | Jul-11 | Apr-11 | Jan-11 | Oct-10 | Jul-10 | Apr-10 | Jan-10 | Oct-09 | Jul-09 | Apr-09 | Jan-09 | Oct-08 | Jul-08 | Apr-08 | Jan-08 | Oct-07 | Jul-07 | Apr-07 | Jan-07 | Oct-06 | Jul-06 | Apr-06 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 19.28 | 19.32 | 19.28 | 19.19 | 19.24 | 20.44 | 19.74 | 20.46 | 19.57 | 18.78 | 18.98 | 17.97 | 16.70 | 14.40 | 11.84 | 9.79 | 7.33 | 8.31 | 7.78 | 8.87 | 7.43 | 8.40 | 7.55 | 9.10 | 8.06 | 9.85 | 9.37 | 10.13 | 9.44 | 9.66 | 8.72 | 8.32 | 7.83 | 7.47 | 7.27 | 6.87 | 7.04 | 6.42 | 6.41 | 6.79 | 6.30 | 6.09 | 5.95 | 5.86 | 5.59 | 6.18 | 5.80 | 5.90 | 5.49 | 5.62 | 4.14 | 5.15 | 4.99 | 4.03 | 5.45 | 5.10 | 5.12 | 5.30 | 5.07 | 4.59 | 4.55 | 4.74 | 4.13 | 3.67 | 3.79 | 3.79 | 4.17 | 3.95 | 3.99 | 4.28 | 4.88 | 4.83 | 5.09 | 5.06 | 5.27 | 5.32 | 5.12 | 4.63 | 4.64 | 4.80 | 4.35 |
| Cost of revenue | 10.49 | 10.27 | 10.78 | 11.04 | 11.61 | 12.24 | 12.95 | 13.22 | 12.35 | 11.76 | 11.11 | 10.41 | 9.29 | 7.57 | 5.58 | 2.98 | 1.67 | 1.09 | 1.15 | 1.30 | 1.51 | 1.64 | 2.05 | 3.02 | 3.75 | 3.48 | 3.57 | 3.80 | 3.45 | 3.31 | 3.04 | 2.75 | 2.45 | 2.02 | 1.87 | 1.60 | 1.58 | 1.43 | 1.40 | 1.46 | 1.33 | 1.25 | 1.15 | 1.24 | 1.27 | 1.35 | 1.33 | 1.29 | 1.28 | 1.24 | 0.19 | 1.22 | 1.24 | 1.34 | 1.46 | 1.46 | 1.36 | 1.33 | 1.28 | 1.50 | 1.52 | 1.60 | 1.15 | 1.05 | 0.99 | 1.10 | 1.56 | 1.39 | 1.71 | 2.27 | 2.54 | 2.57 | 2.62 | 3.26 | 3.22 | 2.86 | 2.66 | 2.61 | 2.34 | 2.28 | 1.94 |
| Gross profit | 8.80 | 9.05 | 8.50 | 8.15 | 7.63 | 8.21 | 6.80 | 7.25 | 7.22 | 7.02 | 7.88 | 7.57 | 7.41 | 6.83 | 6.26 | 6.81 | 5.66 | 7.22 | 6.63 | 7.57 | 5.93 | 6.76 | 5.51 | 6.08 | 4.31 | 6.37 | 5.80 | 6.33 | 5.99 | 6.35 | 5.68 | 5.56 | 5.38 | 5.45 | 5.40 | 5.28 | 5.45 | 5.00 | 5.01 | 5.33 | 4.96 | 4.83 | 4.80 | 4.62 | 4.31 | 4.84 | 4.47 | 4.61 | 4.21 | 4.38 | 3.95 | 3.92 | 3.75 | 2.69 | 3.98 | 3.64 | 3.76 | 3.98 | 3.79 | 3.09 | 3.04 | 3.15 | 2.98 | 2.62 | 2.80 | 2.69 | 2.60 | 2.56 | 2.28 | 2.01 | 2.35 | 2.26 | 2.47 | 1.80 | 2.05 | 2.46 | 2.47 | 2.01 | 2.30 | 2.53 | 2.41 |
| Total operating expenses | 5.30 | 5.73 | 5.47 | 5.06 | 5.02 | 5.38 | 3.79 | 4.80 | 4.79 | 5.37 | 5.70 | 5.58 | 6.15 | 6.33 | 0.32 | 5.12 | -0.71 | 3.33 | 3.84 | 4.60 | 4.04 | 4.16 | 3.50 | 4.58 | 3.48 | 4.36 | 4.28 | 4.35 | 4.10 | 4.45 | 3.55 | 3.58 | 3.82 | 3.72 | 3.90 | 3.48 | 3.95 | 3.15 | 3.31 | 3.73 | 3.78 | 3.58 | 3.30 | 3.14 | 3.08 | 3.70 | 3.19 | 3.28 | 2.92 | 3.04 | 2.58 | 2.53 | 2.55 | 1.41 | 2.70 | 2.48 | 2.50 | 2.55 | 2.62 | 2.22 | 2.03 | 2.06 | 2.02 | 1.83 | 1.83 | 1.84 | 1.78 | 1.87 | 1.89 | 1.84 | 1.84 | 1.80 | 1.68 | 1.63 | 1.60 | 1.68 | 1.63 | 1.69 | 1.41 | 1.62 | 1.59 |
| Operating income | 3.50 | 3.33 | 3.03 | 3.09 | 2.61 | 2.83 | 3.01 | 2.45 | 2.43 | 1.66 | 2.18 | 1.99 | 1.27 | 0.50 | 5.94 | 1.69 | 6.36 | 3.90 | 2.80 | 2.96 | 1.89 | 2.61 | 2.01 | 1.50 | 0.83 | 2.01 | 1.51 | 1.98 | 1.88 | 1.90 | 2.14 | 1.98 | 1.56 | 1.74 | 1.51 | 1.79 | 1.50 | 1.85 | 1.70 | 1.59 | 1.18 | 1.26 | 1.50 | 1.48 | 1.23 | 1.14 | 1.28 | 1.33 | 1.29 | 1.34 | 1.37 | 1.40 | 1.20 | 1.28 | 1.28 | 1.16 | 1.27 | 1.42 | 1.17 | 0.87 | 1.01 | 1.09 | 0.95 | 0.80 | 0.97 | 0.85 | 0.82 | 0.69 | 0.40 | 0.17 | 0.51 | 0.46 | 0.79 | 0.16 | 0.45 | 0.79 | 0.84 | 0.32 | 0.89 | 0.91 | 0.82 |
| Non-operating income (net) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Income before tax | 3.50 | 3.33 | 3.03 | 3.09 | 2.61 | 2.83 | 3.01 | 2.45 | 2.43 | 1.66 | 2.18 | 1.99 | 1.27 | 0.50 | 5.94 | 1.69 | 6.36 | 3.90 | 2.80 | 2.96 | 1.89 | 2.61 | 2.01 | 1.50 | 0.83 | 2.01 | 1.51 | 1.98 | 1.88 | 1.90 | 2.14 | 1.98 | 1.56 | 1.74 | 1.51 | 1.79 | 1.50 | 1.85 | 1.70 | 1.59 | 1.18 | 1.26 | 1.50 | 1.48 | 1.23 | 1.14 | 1.28 | 1.33 | 1.29 | 1.34 | 1.37 | 1.40 | 1.20 | 1.28 | 1.28 | 1.16 | 1.27 | 1.42 | 1.17 | 0.87 | 1.01 | 1.09 | 0.95 | 0.80 | 0.97 | 0.85 | 0.82 | 0.69 | 0.40 | 0.17 | 0.51 | 0.46 | 0.79 | 0.16 | 0.45 | 0.79 | 0.84 | 0.32 | 0.89 | 0.91 | 0.82 |
| Income tax expense | 0.87 | 0.84 | 0.74 | 0.76 | 0.64 | 0.69 | 0.70 | 0.58 | 0.56 | 0.36 | 0.56 | 0.42 | 0.24 | 0.37 | 1.45 | 0.33 | 1.61 | 0.96 | 0.64 | 0.69 | 0.59 | 0.59 | 0.42 | 0.27 | 0.14 | 0.42 | 0.32 | 0.43 | 0.38 | 0.39 | 0.44 | 0.44 | 0.32 | 0.76 | 0.28 | 0.41 | 0.25 | 0.36 | 0.36 | 0.35 | 0.21 | 0.19 | 0.28 | 0.29 | 0.23 | 0.14 | 0.21 | 0.20 | 0.21 | 0.28 | 0.30 | 0.28 | 0.24 | 0.25 | 0.20 | 0.19 | 0.24 | 0.31 | 0.25 | 0.16 | 0.19 | 0.26 | 0.20 | 0.11 | 0.21 | 0.18 | 0.16 | 0.11 | 0.02 | -0.07 | -0.05 | -0.06 | 0.13 | -0.09 | -0.08 | 0.13 | 0.17 | -0.03 | 0.12 | 0.20 | 0.17 |
| Net income | 2.63 | 2.49 | 2.29 | 2.33 | 1.96 | 2.13 | 2.30 | 1.87 | 1.86 | 1.29 | 1.61 | 1.56 | 1.03 | 0.13 | 4.48 | 1.37 | 4.76 | 2.93 | 2.16 | 2.28 | 1.30 | 2.02 | 1.58 | 1.23 | 0.69 | 1.59 | 1.19 | 1.56 | 1.50 | 1.51 | 1.70 | 1.54 | 1.25 | 0.97 | 1.23 | 1.39 | 1.25 | 1.49 | 1.34 | 1.25 | 0.97 | 1.06 | 1.21 | 1.19 | 0.99 | 0.99 | 1.06 | 1.11 | 1.06 | 1.05 | 1.06 | 1.11 | 0.94 | 1.02 | 1.06 | 0.95 | 1.01 | 1.09 | 0.90 | 0.69 | 0.80 | 0.81 | 0.74 | 0.67 | 0.75 | 0.66 | 0.65 | 0.56 | 0.36 | 0.23 | 0.56 | 0.52 | 0.64 | 0.26 | 0.45 | 0.66 | 0.67 | 0.35 | 0.70 | 0.71 | 0.64 |