InsiderClue
Stocks · Financials · Commercial Banks, NEC

BANK OF MONTREAL /CAN/

BMO Clue Score51
Ontario, Canada Fiscal year ends October CIK 0000927971
$162.59 +1.18% Close, 9 Oct 2026
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Price $162.59 +55.84% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2016Revenue21.09Net income4.62EPS, diluted6.92Fiscal year 2017Revenue22.11 +4.8%Net income5.34 +15.5%EPS, diluted7.90 +14.2%Fiscal year 2018Revenue22.91 +3.6%Net income5.45 +2.2%EPS, diluted8.17 +3.4%Fiscal year 2019Revenue25.48 +11.3%Net income5.76 +5.6%EPS, diluted8.66 +6.0%Fiscal year 2020Revenue25.19 −1.2%Net income5.10 −11.5%EPS, diluted7.55 −12.8%Fiscal year 2021Revenue27.19 +7.9%Net income7.75 +52.1%EPS, diluted11.58 +53.4%Fiscal year 2022Revenue33.71 +24.0%Net income13.54 +74.6%EPS, diluted19.99 +72.6%Fiscal year 2023Revenue29.26 −13.2%Net income4.43 −67.3%EPS, diluted5.76 −71.2%Fiscal year 2024Revenue32.80 +12.1%Net income7.32 +65.4%EPS, diluted9.51 +65.1%Fiscal year 2025Revenue36.27 +10.6%Net income8.71 +19.0%EPS, diluted11.44 +20.3%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 21.09 22.11 22.91 25.48 25.19 27.19 33.71 29.26 32.80 36.27
Growth +4.8% +3.6% +11.3% −1.2% +7.9% +24.0% −13.2% +12.1% +10.6%
Net income 4.62 5.34 5.45 5.76 5.10 7.75 13.54 4.43 7.32 8.71
Growth +15.5% +2.2% +5.6% −11.5% +52.1% +74.6% −67.3% +65.4% +19.0%
EPS, diluted 6.92 7.90 8.17 8.66 7.55 11.58 19.99 5.76 9.51 11.44
Growth +14.2% +3.4% +6.0% −12.8% +53.4% +72.6% −71.2% +65.1% +20.3%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2016Net margin21.9%Free cash flow margin−14.0%Fiscal year 2017Net margin24.1%Free cash flow margin11.8%Fiscal year 2018Net margin23.8%Free cash flow margin76.8%Fiscal year 2019Net margin22.6%Free cash flow margin113.1%Fiscal year 2020Net margin20.2%Free cash flow margin200.3%Fiscal year 2021Net margin28.5%Free cash flow margin160.2%Fiscal year 2022Net margin40.2%Free cash flow margin12.4%Fiscal year 2023Net margin15.1%Free cash flow margin29.8%Fiscal year 2024Net margin22.3%Fiscal year 2025Net margin24.0%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net margin 21.9% 24.1% 23.8% 22.6% 20.2% 28.5% 40.2% 15.1% 22.3% 24.0%
Free cash flow margin −14.0% 11.8% 76.8% 113.1% 200.3% 160.2% 12.4% 29.8% n/a n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow−2.73Capital expenditure−0.22Free cash flow−2.95Dividends paid−2.22Fiscal year 2017Operating cash flow2.91Capital expenditure−0.30Free cash flow2.61Dividends paid−2.01Fiscal year 2018Operating cash flow17.91Capital expenditure−0.33Free cash flow17.58 +574.4%Dividends paid−2.58Fiscal year 2019Operating cash flow29.30Capital expenditure−0.48Free cash flow28.83 +63.9%Dividends paid−2.75Fiscal year 2020Operating cash flow50.84Capital expenditure−0.40Free cash flow50.44 +75.0%Dividends paid−2.48Fiscal year 2021Operating cash flow44.05Capital expenditure−0.48Free cash flow43.57 −13.6%Dividends paid−2.98Fiscal year 2022Operating cash flow4.96Capital expenditure−0.78Free cash flow4.18 −90.4%Dividends paid−2.60Fiscal year 2023Operating cash flow9.59Capital expenditure−0.89Free cash flow8.71 +108.3%Dividends paid−2.70Fiscal year 2024Operating cash flow26.70Buybacks−1.25Dividends paid−3.84Fiscal year 2025Operating cash flow10.24Buybacks−0.50Dividends paid−5.03
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −2.73 2.91 17.91 29.30 50.84 44.05 4.96 9.59 26.70 10.24
Capital expenditure −0.22 −0.30 −0.33 −0.48 −0.40 −0.48 −0.78 −0.89 n/a n/a
Free cash flow −2.95 2.61 17.58 28.83 50.44 43.57 4.18 8.71 n/a n/a
Growth +574.4% +63.9% +75.0% −13.6% −90.4% +108.3%
Buybacks n/a n/a n/a n/a n/a n/a n/a n/a −1.25 −0.50
Dividends paid −2.22 −2.01 −2.58 −2.75 −2.48 −2.98 −2.60 −2.70 −3.84 −5.03

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash31.65Shareholders’ equity42.33Fiscal year 2017Cash32.60Shareholders’ equity44.35Fiscal year 2018Cash42.14Shareholders’ equity45.72Fiscal year 2019Cash48.80Shareholders’ equity51.08Fiscal year 2020Cash57.41Shareholders’ equity56.59Fiscal year 2021Cash93.26Shareholders’ equity57.52Fiscal year 2022Cash87.47Shareholders’ equity71.04Fiscal year 2023Cash77.93Shareholders’ equity76.10Fiscal year 2024Cash65.10Shareholders’ equity84.25Fiscal year 2025Cash67.48Shareholders’ equity88.05
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 31.65 32.60 42.14 48.80 57.41 93.26 87.47 77.93 65.10 67.48
Shareholders’ equity 42.33 44.35 45.72 51.08 56.59 57.52 71.04 76.10 84.25 88.05

In billions of CAD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In billions of CAD, except per-share figures; shares in millions. Fiscal years ending October, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Oct 2016 FY2017 31 Oct 2017 FY2018 31 Oct 2018 FY2019 31 Oct 2019 FY2020 31 Oct 2020 FY2021 31 Oct 2021 FY2022 31 Oct 2022 FY2023 31 Oct 2023 FY2024 31 Oct 2024 FY2025 31 Oct 2025
Revenue and profit
21.09 22.11 22.91 25.48 25.19 27.19 33.71 29.26 32.80 36.27
Growth +4.8% +3.6% +11.3% −1.2% +7.9% +24.0% −13.2% +12.1% +10.6%
5.73 6.63 7.41 7.27 6.35 10.26 17.89 5.95 9.54 11.55
1.10 1.29 1.96 1.51 1.25 2.50 4.35 1.51 2.21 2.83
4.62 5.34 5.45 5.76 5.10 7.75 13.54 4.43 7.32 8.71
Growth +15.5% +2.2% +5.6% −11.5% +52.1% +74.6% −67.3% +65.4% +19.0%
Per share
6.94 7.93 8.19 8.68 7.56 11.60 20.04 5.77 9.52 11.46
6.92 7.90 8.17 8.66 7.55 11.58 19.99 5.76 9.51 11.44
Growth +14.2% +3.4% +6.0% −12.8% +53.4% +72.6% −71.2% +65.1% +20.3%
644.0 649.7 642.9 638.9 641.4 647.2 664.0 709.4 727.7 721.9
646.1 652.0 644.9 640.4 642.1 648.7 665.7 710.5 728.5 723.3
Growth +0.9% −1.1% −0.7% +0.3% +1.0% +2.6% +6.7% +2.5% −0.7%

Shown in CAD as filed; the screener converts to dollars.

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 7.6% a year over five years, and earnings per share grew 8.7% a year.
  • The diluted share count rose 12.6% in five years, which is dilution.
  • Profitable in every one of the 10 years on file.