BMO
Income statement / Annual
Last year (2024), Bank of Montreal's total revenue was $78.56 B,
an increase of 15.51% from the previous year.
In 2024, Bank of Montreal's net income was $7.32 B.
See Bank of Montreal,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
10/31/2024 |
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 |
| Operating Revenue |
$78.56 B |
$68.01 B |
$37.27 B |
$32.49 B |
$34.37 B |
$38.60 B |
$32.34 B |
$27.86 B |
$25.46 B |
$23.58 B |
| Cost of Revenue |
$50.28 B
|
$38.37 B
|
$11.33 B
|
$5.60 B
|
$12.30 B
|
$14.14 B
|
$10.26 B
|
$6.88 B
|
$5.29 B
|
$5.01 B
|
| Gross Profit |
$28.28 B
|
$29.64 B
|
$25.95 B
|
$26.89 B
|
$22.07 B
|
$24.46 B
|
$22.08 B
|
$20.98 B
|
$20.18 B
|
$18.57 B
|
| Gross Profit Ratio |
0.36
|
0.44
|
0.7
|
0.83
|
0.64
|
0.63
|
0.68
|
0.75
|
0.79
|
0.79
|
| 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 |
$10.87 B
|
$11.46 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
|
| Selling & Marketing Expenses |
$837.00 M
|
$812.00 M
|
$517.00 M
|
$397.00 M
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$11.71 B
|
$12.27 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
|
| Other Expenses |
$7.04 B
|
$11.42 B
|
-$569.00 M
|
$6.51 B
|
$6.07 B
|
$6.06 B
|
$5.85 B
|
$5.34 B
|
$5.52 B
|
$4.89 B
|
| Operating Expenses |
$18.75 B
|
$23.70 B
|
$8.06 B
|
$16.63 B
|
$15.72 B
|
$17.19 B
|
$14.66 B
|
$14.34 B
|
$14.44 B
|
$13.23 B
|
| Cost And Expenses |
$69.02 B
|
$62.06 B
|
$19.39 B
|
$22.23 B
|
$28.02 B
|
$31.32 B
|
$24.92 B
|
$21.23 B
|
$19.73 B
|
$18.24 B
|
| Interest Income |
$65.99 B
|
$55.57 B
|
$26.90 B
|
$19.89 B
|
$23.32 B
|
$26.15 B
|
$21.04 B
|
$17.41 B
|
$14.39 B
|
$13.16 B
|
| Interest Expense |
$46.52 B
|
$36.89 B
|
$11.01 B
|
$5.58 B
|
$9.34 B
|
$13.26 B
|
$9.60 B
|
$6.14 B
|
$4.52 B
|
$4.40 B
|
| Depreciation & Amortization |
$2.11 B
|
$2.09 B
|
$1.48 B
|
$1.57 B
|
$1.62 B
|
$1.21 B
|
$1.13 B
|
$1.10 B
|
$1.05 B
|
$788.00 M
|
| EBITDA |
$11.65 B |
$8.04 B |
$19.37 B |
$11.82 B |
$7.97 B |
$8.48 B |
$8.54 B |
$7.73 B |
$6.78 B |
$6.13 B |
| EBITDA Ratio |
0.15
|
0.12
|
0.52
|
0.36
|
0.23
|
0.22
|
0.26
|
0.28
|
0.27
|
0.26
|
| Operating Income Ratio |
0.12
|
0.09
|
0.48
|
0.32
|
0.18
|
0.19
|
0.23
|
0.24
|
0.23
|
0.23
|
| Total Other Income/Expenses Net |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Income Before Tax |
$9.54 B
|
$5.95 B
|
$17.89 B
|
$10.26 B
|
$6.35 B
|
$7.27 B
|
$7.41 B
|
$6.63 B
|
$5.73 B
|
$5.34 B
|
| Income Before Tax Ratio |
0.12
|
0.09
|
0.48
|
0.32
|
0.18
|
0.19
|
0.23
|
0.24
|
0.23
|
0.23
|
| Income Tax Expense |
$2.21 B
|
$1.51 B
|
$4.35 B
|
$2.50 B
|
$1.25 B
|
$1.51 B
|
$1.96 B
|
$1.29 B
|
$1.10 B
|
$936.00 M
|
| Net Income |
$7.32 B
|
$4.43 B
|
$13.54 B
|
$7.75 B
|
$5.10 B
|
$5.76 B
|
$5.45 B
|
$5.34 B
|
$4.62 B
|
$4.37 B
|
| Net Income Ratio |
0.09
|
0.07
|
0.36
|
0.24
|
0.15
|
0.15
|
0.17
|
0.19
|
0.18
|
0.19
|
| EPS |
9.53 |
5.77 |
20.04 |
11.6 |
7.56 |
8.68 |
8.19 |
7.95 |
6.94 |
6.59 |
| EPS Diluted |
9.51 |
5.76 |
19.99 |
11.58 |
7.55 |
8.66 |
8.17 |
7.92 |
6.92 |
6.57 |
| Weighted Average Shares Out |
$727.74 M
|
$709.36 M
|
$663.99 M
|
$647.16 M
|
$675.10 M
|
$664.90 M
|
$667.44 M
|
$675.57 M
|
$667.92 M
|
$665.15 M
|
| Weighted Average Shares Out Diluted |
$728.54 M
|
$710.52 M
|
$665.71 M
|
$648.68 M
|
$642.13 M
|
$640.36 M
|
$644.91 M
|
$651.96 M
|
$667.92 M
|
$647.14 M
|
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