Bank of Montreal Income Statement

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

Millions CAD. Fiscal year is Nov - Oct.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Net Interest Income	21,487	19,468	18,681	15,885	14,310
Net Interest Income Growth	10.37%	4.21%	17.60%	11.01%	2.43%
Non-Interest Income	14,787	13,327	10,578	17,825	12,876
Non-Interest Income Growth	10.96%	25.99%	-40.66%	38.44%	14.81%
Revenues Before Loan Losses	36,274	32,795	29,259	33,710	27,186
Provision for Credit Losses	3,617	3,761	2,178	313	20
Revenue	32,657	29,034	27,081	33,397	27,166
Revenue Growth (YoY)	12.48%	7.21%	-18.91%	22.94%	22.19%
Compensation Expenses	12,018	10,872	11,460	8,795	8,322
Selling, General & Admin	6,294	5,925	6,912	5,218	4,664
Other Non-Interest Expenses	2,795	2,702	2,762	1,498	3,922
Total Non-Interest Expense	21,107	19,499	21,134	16,194	15,509
Pretax Income	11,550	9,535	5,947	17,203	11,657
Provision for Income Taxes	2,825	2,208	1,510	4,349	2,504
Net Income	8,709	7,318	4,425	13,537	7,754
Minority Interest in Earnings	16	9	12	-	-
Net Income to Common	8,709	7,318	4,425	13,537	7,754
Net Income Growth	19.01%	65.38%	-67.31%	74.58%	52.13%
Shares Outstanding (Basic)	722	728	709	664	647
Shares Outstanding (Diluted)	723	729	711	666	649
Shares Change (YoY)	-0.72%	2.54%	6.73%	2.63%	1.02%
EPS (Basic)	11.46	9.52	5.77	20.04	11.60
EPS (Diluted)	11.44	9.51	5.76	19.99	11.58
EPS Growth	20.29%	65.10%	-71.19%	72.63%	53.38%
Shares Outstanding	708.91	729.53	720.91	677.11	648.14
Free Cash Flow	10,240	26,703	9,591	4,180	43,565
Free Cash Flow Growth	-61.65%	178.42%	129.45%	-90.41%	-13.63%
Free Cash Flow Per Share	14.16	36.65	13.50	6.28	67.16
Dividends Per Share	6.440	6.120	5.800	5.440	4.240
Dividend Growth	5.23%	5.52%	6.62%	28.30%	-
Profit Margin	26.72%	25.24%	16.38%	40.53%	28.54%
FCF Margin	31.36%	91.97%	35.42%	12.52%	160.37%
EBITDA	2,180	2,110	2,092	1,480	1,565
EBITDA Margin	6.68%	7.27%	7.72%	4.43%	5.76%
Effective Tax Rate	24.46%	23.16%	25.39%	25.28%	21.48%

Updated Oct 31, 2025. Data Source: Fiscal.ai. Banks template. Financial Sources.