Bank of Montreal revenue and financials
Secondary listing. The primary listing is Bank of Montreal · TSX (CAD)
$166.09Change from previous close: +1.00%Absolute change: +$1.64
In the fiscal year ended October 2025, Bank of Montreal reported revenue of $36.27B (+10.61% year over year). Net income was $8.71B, a net margin of 24.0%.
Fiscal year ending in October. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +10.61%
- FY to Oct 2025 vs FY to Oct 2024
- Net income growth
- +19.01%
- FY to Oct 2025 vs FY to Oct 2024
- Net margin
- 24.0%
- FY to Oct 2024: 22.3%
Financial data
Amounts in millions of CAD; per-share values in CAD; shares in millions.
| Item | FY to Oct 2025 | FY to Oct 2024 | FY to Oct 2023 | FY to Oct 2022 | FY to Oct 2021 | FY to Oct 2020 | FY to Oct 2019 | FY to Oct 2018 | FY to Oct 2017 | FY to Oct 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 10,240 | 26,703 | 9,591 | 4,957 | 44,049 | 50,836 | 29,303 | 17,912 | 2,908 | -2,728 |
| Depreciation and amortization | 2,180 | 2,110 | 2,092 | 1,480 | — | — | — | — | — | — |
| Capital expenditure | -720 | -1,564 | -885 | -777 | -484 | -399 | -478 | -330 | -301 | -224 |
| Investing cash flow | 605 | -24,529 | -21,157 | -29,471 | -299 | — | — | — | — | — |
| Financing cash flow | -21,906 | 51,029 | 32,989 | 61,212 | 47,122 | — | — | — | — | — |
| Dividends paid | -5,031 | -3,840 | -2,703 | -2,595 | -2,980 | -2,475 | -2,752 | -2,582 | -2,010 | -2,219 |
| Share repurchases | -500 | -1,250 | 0.0 | -1,517 | — | — | — | — | — | — |
| Debt issued | 1,250 | 1,000 | 11,245 | 21,707 | 5,396 | — | — | — | — | — |
| Debt repaid | -2,516 | -13,428 | -12,275 | -6,973 | -6,651 | — | — | — | — | — |
| Effect of exchange rates | 214 | 75.0 | 1,766 | 2,739 | -2,775 | — | — | — | — | — |
| Net change in cash | 2,386 | -12,836 | -9,532 | -5,795 | 35,853 | — | — | — | — | — |
| Free cash flow | 22,753 | -40,975 | -24,807 | -41,052 | -8,679 | — | — | — | — | — |