Bank of Montreal Income Statement

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

Millions CAD. Fiscal year is Nov - Oct.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013 - 2000
Revenue	31,199	33,710	27,186	25,186	25,483	22,905	22,107	21,087	19,389	18,223	Upgrade
Revenue Growth (YoY)	-7.45%	24.00%	7.94%	-1.17%	11.26%	3.61%	4.84%	8.76%	6.40%	8.28%	Upgrade
Gross Profit	31,199	33,710	27,186	25,186	25,483	22,905	22,107	21,087	19,389	18,223	Upgrade
Selling, General & Admin	18,355	13,735	12,722	12,085	12,524	11,305	11,068	10,944	10,418	9,314	Upgrade
Other Operating Expenses	4,803	1,776	4,206	6,753	5,687	4,186	3,662	3,640	3,630	3,673	Upgrade
Operating Expenses	23,158	15,511	16,928	18,838	18,211	15,491	14,730	14,584	14,048	12,987	Upgrade
Operating Income	8,041	18,199	10,258	6,348	7,272	7,414	7,377	6,503	5,341	5,236	Upgrade
Other Expense / Income	2,190	313	-	-	-	-	748	780	35	56	Upgrade
Pretax Income	5,851	17,886	10,258	6,348	7,272	7,414	6,629	5,723	5,306	5,180	Upgrade
Income Tax	1,486	4,349	2,504	1,251	1,514	1,961	1,292	1,101	936	903	Upgrade
Net Income	4,365	13,537	7,754	5,097	5,758	5,453	5,337	4,622	4,370	4,277	Upgrade
Net Income Growth	-67.76%	74.58%	52.13%	-11.48%	5.59%	2.17%	15.47%	5.77%	2.17%	3.56%	Upgrade
Shares Outstanding (Basic)	717	674	648	639	648	648	646	643	644	644	Upgrade
Shares Change	6.27%	4.05%	1.39%	-1.33%	-	0.32%	0.49%	-0.24%	-	-1.01%	Upgrade
EPS (Basic)	5.69	20.04	11.60	7.56	8.68	8.19	7.93	6.94	6.59	6.44	Upgrade
EPS (Diluted)	5.68	19.99	11.58	7.55	8.66	8.17	7.90	6.92	6.57	6.41	Upgrade
EPS Growth	-71.59%	72.63%	53.38%	-12.82%	6.00%	3.42%	14.16%	5.33%	2.50%	3.89%	Upgrade
Free Cash Flow	7,914	3,509	43,066	49,804	28,175	17,026	2,117	-3,339	1,726	-3,664	Upgrade
Free Cash Flow Per Share	11.04	5.20	66.45	77.91	43.49	26.28	3.28	-5.20	2.68	-5.69	Upgrade
Dividend Per Share	4.295	4.185	3.396	4.768	3.563	2.943	2.736	2.556	2.560	2.789	Upgrade
Dividend Growth	2.63%	23.23%	-28.78%	33.82%	21.07%	7.57%	7.04%	-0.16%	-8.21%	-2.79%	Upgrade
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	Upgrade
Operating Margin	25.77%	53.99%	37.73%	25.20%	28.54%	32.37%	33.37%	30.84%	27.55%	28.73%	Upgrade
Profit Margin	13.99%	40.16%	28.52%	20.24%	22.60%	23.81%	24.14%	21.92%	22.54%	23.47%	Upgrade
Free Cash Flow Margin	25.37%	10.41%	158.41%	197.74%	110.56%	74.33%	9.58%	-15.83%	8.90%	-20.11%	Upgrade
Effective Tax Rate	25.40%	24.32%	24.41%	19.71%	20.82%	26.45%	19.49%	19.24%	17.64%	17.43%	Upgrade
EBITDA	7,950	19,366	11,823	7,966	8,477	8,541	7,732	6,770	6,094	5,927	Upgrade
EBITDA Margin	25.48%	57.45%	43.49%	31.63%	33.27%	37.29%	34.98%	32.11%	31.43%	32.52%	Upgrade
Depreciation & Amortization	2,099	1,480	1,565	1,618	1,205	1,127	1,103	1,047	788	747	Upgrade
EBIT	5,851	17,886	10,258	6,348	7,272	7,414	6,629	5,723	5,306	5,180	Upgrade
EBIT Margin	18.75%	53.06%	37.73%	25.20%	28.54%	32.37%	29.99%	27.14%	27.37%	28.43%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from audited reports submitted to the Securities and Exchange Commission (SEC).