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BMO · NYSE · United States · Commercial Banks, Nec
In shortBANK OF MONTREAL /CAN/ is profitable.
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it. Bank or insurer: tests that do not apply to them are left out.
| Operating marginShare of each sale left after running the business, before interest and tax. | – | n/a |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 24.0% | 100/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 10.1% | 51/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 28.2% | n/a |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.18× | n/a |
| Years with positive free cash flow (last 5) | 5 of 5 | n/a |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 13.5% | 61/100 |
| Operating margin volatility | – | n/a |
Weight in the score: 20%
| Revenue growth, 3-year average | 2.5% | 30/100 |
|---|---|---|
| EPS growth, 3-year average | -17.0% | 0/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
CAD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 27,186 | 33,710 | 29,259 | 32,795 | 36,274 |
| Interest expense | 5,577 | 11,012 | 36,893 | 46,517 | 42,050 |
| Pre-tax income | 10,258 | 17,886 | 5,947 | 9,535 | 11,550 |
| Income tax | 2,504 | 4,349 | 1,510 | 2,208 | 2,825 |
| Net income | 7,754 | 13,537 | 4,425 | 7,318 | 8,709 |
| Diluted EPS | C$11.58 | C$19.99 | C$5.76 | C$9.51 | C$11.44 |
| Diluted shares (millions) | 649 | 666 | 711 | 729 | 723 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
Not computed: the model does not apply to banks and insurers.
7/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Oct 31, 2025 · Data updated Feb 25, 2026