Bank of Montreal (TSX: BMO)

Bank of Montreal Income Statement

Financials in millions CAD. Fiscal year is November - October.

Year	2023	2022	2021	2020	2019
Revenue	33,055	26,259	26,909	25,025	25,332
Revenue Growth (YoY)	25.88%	-2.42%	7.53%	-1.21%	10.77%
Gross Profit	33,055	26,259	26,909	25,025	25,332
Selling, General & Admin	14,268	8,629	9,721	9,652	11,132
Other Operating Expenses	-41,472	-2,301	-4,399	-3,938	-4,996
Operating Expenses	-27,204	8,629	9,721	9,652	11,132
Operating Income	5,851	28,898	10,258	6,348	7,272
Interest Income	55,574	26,897	19,887	23,315	26,152
Interest Expense	36,893	11,012	5,577	9,344	13,264
Other Expense / Income	18,681	26,897	14,310	13,971	12,888
Pretax Income	5,863	17,886	10,258	6,348	7,272
Income Tax	1,486	4,349	2,504	1,251	1,514
Net Income	4,365	13,537	7,754	5,097	5,758
Net Income Growth	-67.76%	74.58%	52.13%	-11.48%	5.65%
Shares Outstanding (Basic)	709	664	647	641	639
Shares Outstanding (Diluted)	711	666	649	642	640
Shares Change	6.73%	2.63%	1.02%	0.28%	-0.71%
EPS (Basic)	5.69	20.04	11.60	7.56	8.68
EPS (Diluted)	5.68	19.99	11.58	7.55	8.66
EPS Growth	-71.59%	72.63%	53.38%	-12.82%	2.49%
Free Cash Flow	7,914	3,509	43,066	49,804	28,175
Free Cash Flow Per Share	11.14	5.27	66.39	77.56	44.00
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	17.70%	110.05%	38.12%	25.37%	28.71%
Profit Margin	13.21%	51.55%	28.82%	20.37%	22.73%
Free Cash Flow Margin	23.94%	13.36%	160.04%	199.02%	111.22%
Effective Tax Rate	25.35%	24.32%	24.41%	19.71%	20.82%
EBITDA	7,950	30,282	11,683	7,769	8,477
EBITDA Margin	24.05%	115.32%	43.42%	31.04%	33.46%
Depreciation & Amortization	2,099	1,384	1,425	1,421	1,205
EBIT	5,851	28,898	10,258	6,348	7,272
EBIT Margin	17.70%	110.05%	38.12%	25.37%	28.71%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.