Bank of Montreal (BMO) Earnings History
Steady Earner32 years of earnings data (1994–2025) · Positive but moderate multi-year EPS trajectory
Loading earnings history...
Bank of Montreal (BMO) Earnings Overview
As of September 23, 2026, Bank of Montreal (BMO) reported trailing twelve-month net income of $9.15B, reflecting +20.3% year-over-year growth. The company earned $18.30 per diluted share over the past four quarters, with a net profit margin of 24.1%.
Looking at the long-term picture, BMO's 5-year EPS compound annual growth rate (CAGR) stands at +8.7%, showing solid earnings momentum. The company achieved its highest annual net income of $13.54B in fiscal 2022.
Bank of Montreal maintains industry-leading profitability with a gross margin of 90.0%, operating margin of 32.0%, and net margin of 24.1%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →
Compared to peers including TD ($16.20B net income, 33.5% margin), RY ($22.75B net income, 30.6% margin), BNS ($10.01B net income, 21.0% margin), BMO has room to improve margins relative to the peer group. Compare BMO vs TD →
BMO Earnings vs Peers
Earnings metrics vs comparable public companies
BMO Historical Earnings Data (1994–2025)
32 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $8.71B | +19.0% | $11.55B | $11.44 | 24.1% | 32.0% |
| 2024 | $7.32B | +65.4% | $9.54B | $9.51 | 22.8% | 29.8% |
| 2023 | $4.42B | -67.3% | $5.95B | $5.76 | 14.2% | 19.1% |
| 2022 | $13.54B | +74.6% | $17.89B | $19.99 | 51.6% | 68.1% |
| 2021 | $7.75B | +52.1% | $10.26B | $11.58 | 28.8% | 38.1% |
| 2020 | $5.10B | -11.5% | $6.35B | $7.55 | 20.4% | 25.4% |
| 2019 | $5.76B | +5.6% | $7.27B | $8.66 | 22.7% | 28.7% |
| 2018 | $5.45B | +2.2% | $7.41B | $8.17 | 24.0% | 32.6% |
| 2017 | $5.34B | +15.5% | $6.63B | $7.92 | 24.6% | 30.5% |
| 2016 | $4.62B | +5.8% | $5.73B | $6.92 | 22.1% | 27.4% |
| 2015 | $4.37B | +2.2% | $5.34B | $6.57 | 22.8% | 27.8% |
| 2014 | $4.28B | +3.6% | $5.24B | $6.41 | 23.7% | 29.0% |
| 2013 | $4.13B | +1.2% | $5.25B | $6.17 | 24.5% | 31.2% |
| 2012 | $4.08B | +34.2% | $5.03B | $6.15 | 25.6% | 31.6% |
| 2011 | $3.04B | +8.2% | $3.99B | $5.26 | 21.8% | 28.6% |
| 2010 | $2.81B | +57.2% | $3.57B | $4.75 | 23.0% | 29.2% |
| 2009 | $1.79B | -9.7% | $2.08B | $3.08 | 16.2% | 18.8% |
| 2008 | $1.98B | -7.2% | $1.98B | $3.76 | 19.4% | 19.4% |
| 2007 | $2.13B | -20.0% | $2.40B | $4.11 | 22.8% | 25.6% |
| 2006 | $2.66B | +11.1% | $3.46B | $5.15 | 26.7% | 34.6% |
| 2005 | $2.40B | +4.4% | $3.33B | $4.63 | 24.4% | 33.8% |
| 2004 | $2.29B | +28.8% | $3.28B | $4.40 | 25.0% | 35.8% |
| 2003 | $1.78B | +25.7% | $2.43B | $3.44 | 19.8% | 27.0% |
| 2002 | $1.42B | -3.7% | $1.84B | $2.68 | 16.2% | 21.0% |
| 2001 | $1.47B | -20.8% | $1.97B | $2.66 | 16.9% | 22.6% |
| 2000 | $1.86B | +34.4% | $2.84B | $3.25 | 21.8% | 33.4% |
| 1999 | $1.38B | +2.3% | $2.12B | $2.36 | 17.7% | 27.2% |
| 1998 | $1.35B | +3.5% | $2.15B | $2.34 | 18.9% | 30.2% |
| 1997 | $1.31B | +11.7% | $2.15B | $2.31 | 18.5% | 30.4% |
| 1996 | $1.17B | +18.5% | $1.93B | $2.08 | 19.1% | 31.5% |
| 1995 | $986M | +19.5% | $1.65B | $1.73 | 17.7% | 29.5% |
| 1994 | $825M | - | $1.38B | $1.49 | 16.1% | 27.0% |
Download Data
Export BMO earnings history in CSV or JSON format
Free sign-in required to download data
BMO Chart Terminal
Live VCP patterns, Cup & Handle overlays, support/resistance, and AI trade plans.
Live Breakouts Feed
High-probability breakout stocks crossing their pivot across 5 pattern engines.
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
32+ years return with dividends reinvested.
Peer Comparison
Compare growth, multiples, and margins vs sector.
BMO — Frequently Asked Questions
Quick answers to the most common questions about buying BMO stock.
What is BMO earnings per share (EPS)?
BMO trailing twelve-month (TTM) diluted EPS is $18.30, reflecting +20.3% year-over-year growth. The 5-year EPS CAGR is +8.7%. Complete EPS history from 1994 to 2025 is available in the table on this page.
What is Bank of Montreal's net income?
Bank of Montreal (BMO) trailing twelve-month net income is $9.2B as of 2025. Earnings grew +20.3% year-over-year. Bank of Montreal has been profitable for 32 consecutive years.
Is BMO profitable?
Yes, BMO is profitable with a TTM net income of $9.2B and a net profit margin of +24.1%. Bank of Montreal has generated profits for 32 consecutive years.
What is BMO's earnings growth rate?
BMO compound annual EPS growth rates (CAGR): 1-Year: +20.3%, 3-Year: -17.0%, 5-Year: +8.7%, 10-Year: +5.7%. These figures measure the annualised rate of diluted EPS growth over each period, based on data from 1994 to 2025.
What are BMO's profit margins?
Bank of Montreal net profit margin is +24.1%, operating margin is +32.0%, and gross margin is +90.0%. Above-average net margins reflect strong pricing power and competitive moat. Return on Equity is +10.1%.
Is BMO growing earnings?
Yes, BMO earnings are accelerating — EPS growth of +20.3% exceeds the 5-year CAGR of +8.7%. TTM net income reached $9.2B. Earnings momentum is strengthening.
What was BMO's best earnings year?
Bank of Montreal's highest annual net income on record is $13.5B, achieved in fiscal year 2022. Earnings history on this page spans 1994 to 2025 and includes all annual and quarterly figures.
What were BMO's earnings last quarter?
BMO's most recent reported quarter was Q3 2026. Net income was $1.7B with diluted EPS of $2.40. For a full breakdown of all quarters, see the quarterly earnings table on this page.