BMO
Income statement / Annual
Last year (2023), Bank of Montreal's total revenue was $29.02 B,
an increase of 10.52% from the previous year.
In 2023, Bank of Montreal's net income was $4.37 B.
See Bank of Montreal’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
10/31/2023 |
10/31/2022 |
10/31/2021 |
10/31/2020 |
10/31/2019 |
10/31/2018 |
10/31/2017 |
10/31/2016 |
10/31/2015 |
10/31/2014 |
| Operating Revenue |
$29.02 B
|
$26.26 B
|
$26.91 B
|
$25.03 B
|
$25.33 B
|
$22.87 B
|
$21.87 B
|
$20.95 B
|
$19.39 B
|
$16.72 B
|
| Cost of Revenue |
-$4.03 B |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
| Gross Profit |
$33.06 B |
$26.26 B |
$26.91 B |
$25.03 B |
$25.33 B |
$22.87 B |
$21.87 B |
$20.95 B |
$19.39 B |
$16.72 B |
| Gross Profit Ratio |
1.14 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
1 |
| Research and Development
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$13.45 B
|
$8.11 B
|
$9.72 B
|
$9.65 B
|
$11.13 B
|
$8.81 B
|
$9.01 B
|
$8.93 B
|
$8.34 B
|
$6.24 B
|
| Selling & Marketing
Expenses |
$814.00 M
|
$517.00 M
|
$397.00 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$18.72 B
|
$8.63 B
|
$10.12 B
|
$9.65 B
|
$11.13 B
|
$8.81 B
|
$9.01 B
|
$8.93 B
|
$8.34 B
|
$6.24 B
|
| Other Expenses |
$0.00 |
$19.75 B |
-$26.37 B |
-$28.33 B |
-$29.19 B |
-$15.13 B |
-$18.41 B |
-$19.52 B |
-$18.02 B |
-$13.20 B |
| Operating Expenses |
$18.72 B |
$28.38 B |
-$16.65 B |
-$18.68 B |
-$18.06 B |
-$6.32 B |
-$9.40 B |
-$10.59 B |
-$9.69 B |
-$6.96 B |
| Cost And Expenses |
$18.72 B |
$28.38 B |
-$16.65 B |
-$18.68 B |
-$18.06 B |
-$6.32 B |
-$9.40 B |
-$10.59 B |
-$9.69 B |
-$6.96 B |
| Interest Income |
$55.57 B |
$26.90 B |
$19.89 B |
$23.32 B |
$26.15 B |
$19.45 B |
$15.83 B |
$14.50 B |
$13.37 B |
$13.04 B |
| Interest Expense |
$36.89 B |
$11.01 B |
$5.58 B |
$9.34 B |
$13.26 B |
$9.14 B |
$5.83 B |
$4.63 B |
$4.40 B |
$4.58 B |
| Depreciation &
Amortization |
$2.10 B
|
$1.38 B
|
$1.43 B
|
$1.42 B
|
$989.00 M
|
$903.00 M
|
$876.00 M
|
$828.00 M
|
$789.00 M
|
$747.00 M
|
| EBITDA |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| EBITDA Ratio |
0 |
1.15 |
0.43 |
0.31 |
0.33 |
0.76 |
0.61 |
0.53 |
0.54 |
0.63 |
| Operating Income Ratio
|
0.35
|
1.1
|
0.38
|
0.25
|
0.29
|
0.72
|
0.57
|
0.49
|
0.5
|
0.58
|
| Total Other
Income/Expenses Net |
-$4.44 B
|
-$1.48 B
|
-$3.82 B
|
-$3.55 B
|
-$5.05 B
|
-$3.28 B
|
-$3.40 B
|
-$3.39 B
|
-$2.74 B
|
-$2.86 B
|
| Income Before Tax |
$5.86 B |
$17.89 B |
$10.26 B |
$6.35 B |
$7.27 B |
$7.41 B |
$6.65 B |
$5.73 B |
$5.34 B |
$5.24 B |
| Income Before Tax Ratio
|
0.2
|
0.68
|
0.38
|
0.25
|
0.29
|
0.32
|
0.3
|
0.27
|
0.28
|
0.31
|
| Income Tax Expense |
$1.49 B |
$4.35 B |
$2.50 B |
$1.25 B |
$1.51 B |
$1.96 B |
$1.30 B |
$1.10 B |
$936.00 M |
$903.00 M |
| Net Income |
$4.37 B |
$13.54 B |
$7.75 B |
$5.10 B |
$5.76 B |
$5.45 B |
$5.35 B |
$4.62 B |
$4.37 B |
$4.28 B |
| Net Income Ratio |
0.15 |
0.52 |
0.29 |
0.2 |
0.23 |
0.24 |
0.24 |
0.22 |
0.23 |
0.26 |
| EPS |
5.25 |
20.04 |
11.6 |
7.56 |
8.68 |
8.48 |
7.95 |
6.94 |
6.59 |
6.44 |
| EPS Diluted |
5.68 |
19.99 |
11.58 |
7.55 |
8.66 |
8.45 |
7.92 |
6.92 |
6.57 |
6.41 |
| Weighted Average Shares
Out |
$768.49 M
|
$663.99 M
|
$647.16 M
|
$641.42 M
|
$638.88 M
|
$642.93 M
|
$672.70 M
|
$665.99 M
|
$644.92 M
|
$645.86 M
|
| Weighted Average Shares
Out Diluted |
$710.52 M
|
$665.71 M
|
$648.68 M
|
$642.13 M
|
$640.36 M
|
$644.91 M
|
$675.25 M
|
$667.92 M
|
$647.16 M
|
$648.48 M
|
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