Bank of Montreal (BMO)

Bank of Montreal Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021
Net Income	8,709	7,318	4,425	13,537	7,754
Depreciation & Amortization	1,441	1,434	1,446	924	1,035
Other Amortization	739	676	646	556	530
Gain (Loss) on Sale of Assets	-	-	-	29	-
Gain (Loss) on Sale of Investments	-287	-200	-180	-281	-591
Total Asset Writedown	178	26	-	-	779
Provision for Credit Losses	3,617	3,761	2,178	313	20
Change in Trading Asset Securities	-29,299	-42,785	1,083	-11,678	-9,905
Accrued Interest Receivable	-1,403	785	1,956	142	75
Change in Income Taxes	104	257	-990	484	-396
Change in Other Net Operating Assets	39,821	-10,638	-32,813	-44,776	-7,314
Other Operating Activities	28	162	-696	475	184
Operating Cash Flow	23,473	-39,411	-23,130	-40,275	-8,195
Capital Expenditures	-720	-1,564	-1,677	-777	-484
Cash Acquisitions	-	-	-15,102	-	-
Investment in Securities	2,334	-22,965	-4,378	-29,249	621
Income (Loss) Equity Investments	-175	-207	-185	-	-
Divestitures	-	-	-	1,226	63
Purchase / Sale of Intangibles	-1,009	-	-	-671	-499
Investing Cash Flow	605	-24,529	-21,157	-29,471	-299
Short-Term Debt Issued	1,250	1,000	2,068	6,927	-
Long-Term Debt Issued	-	-	9,177	14,780	5,396
Total Debt Issued	1,250	1,000	11,245	21,707	5,396
Short-Term Debt Repaid	-2,195	-13,071	-	-	-
Long-Term Debt Repaid	-321	-357	-12,275	-6,973	-6,651
Total Debt Repaid	-2,516	-13,428	-12,275	-6,973	-6,651
Net Debt Issued (Repaid)	-1,266	-12,428	-1,030	14,734	-1,255
Issuance of Common Stock	158	68	3,353	3,113	159
Repurchase of Common Stock	-3,396	-	-	-17	-
Preferred Stock Issued	1,365	2,368	648	2,245	-
Preferred Share Repurchases	-500	-1,250	-	-1,500	-1,046
Total Dividends Paid	-5,031	-3,840	-2,703	-2,595	-2,980
Net Increase (Decrease) in Deposit Accounts	-13,233	66,114	32,721	45,232	52,244
Other Financing Activities	-3	-3	-	-	-
Financing Cash Flow	-21,906	51,029	32,989	61,212	47,122
Foreign Exchange Rate Adjustments	214	75	1,766	2,739	-2,775
Net Cash Flow	2,386	-12,836	-9,532	-5,795	35,853
Free Cash Flow	22,753	-40,975	-24,807	-41,052	-8,679
Free Cash Flow Margin	69.67%	-141.13%	-91.60%	-122.98%	-32.07%
Free Cash Flow Per Share	31.46	-56.24	-34.91	-61.67	-13.38
Cash Interest Paid	43,135	45,092	33,747	9,557	5,864
Cash Income Tax Paid	2,831	2,450	2,591	2,374	2,167

Updated Dec 4, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q