Bank of Montreal (BMO)
NYSE: BMO · Real-Time Price · USD
170.31
-1.55 (-0.90%)
Aug 31, 2026, 4:00 PM EDT - Market closed
Bank of Montreal Cash Flow Statement
Financials in millions CAD. Fiscal year is November - October.
Millions CAD. Fiscal year is Nov - Oct.
Operating Activities
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 31, 2026 | Apr '26 Apr 30, 2026 | Jan '26 Jan 31, 2026 | Oct '25 Oct 31, 2025 | Jul '25 Jul 31, 2025 | Apr '25 Apr 30, 2025 | Jan '25 Jan 31, 2025 | Oct '24 Oct 31, 2024 | Jul '24 Jul 31, 2024 | Apr '24 Apr 30, 2024 | Jan '24 Jan 31, 2024 | Oct '23 Oct 31, 2023 | Jul '23 Jul 31, 2023 | Apr '23 Apr 30, 2023 | Jan '23 Jan 31, 2023 | Oct '22 Oct 31, 2022 | Jul '22 Jul 31, 2022 | Apr '22 Apr 30, 2022 | Jan '22 Jan 31, 2022 | Oct '21 Oct 31, 2021 |
Net Income | 1,748 | 2,626 | 2,490 | 2,288 | 2,327 | 1,960 | 2,134 | 2,301 | 1,865 | 1,862 | 1,290 | 1,703 | 1,563 | 1,026 | 133 | 4,483 | 1,365 | 4,756 | 2,933 | 2,159 |
Depreciation & Amortization | 558 | 545 | 547 | -181 | 534 | 544 | 545 | -152 | 530 | 524 | 532 | -52 | 550 | 564 | 384 | -177 | 367 | 361 | 373 | -134 |
Other Amortization | - | - | - | 739 | - | - | - | 676 | - | - | - | 646 | - | - | - | 556 | - | - | - | 530 |
Gain (Loss) on Sale of Assets | 1,087 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 29 | - |
Gain (Loss) on Sale of Investments | -53 | -86 | -85 | -114 | -49 | -66 | -58 | -57 | -49 | -81 | -13 | -34 | -36 | -35 | -75 | 28 | -85 | -86 | -138 | -180 |
Total Asset Writedown | - | 18 | - | 178 | - | - | - | 26 | - | - | - | - | - | - | - | - | - | - | - | 24 |
Provision for Credit Losses | 722 | 739 | 746 | 755 | 797 | 1,054 | 1,011 | 1,523 | 906 | 705 | 627 | 446 | 492 | 1,023 | 217 | 226 | 136 | 50 | -99 | -126 |
Change in Trading Asset Securities | 5,480 | 1,181 | -20,792 | -28,457 | 5,310 | 10,242 | -16,394 | -6,694 | -6,062 | -27,881 | -2,148 | -1,125 | -13,032 | 3,999 | 11,241 | -3,339 | -6,082 | 7,272 | -9,529 | -4,269 |
Accrued Interest Receivable | -474 | 209 | -315 | -490 | -498 | -166 | -249 | -334 | 280 | 427 | 412 | -298 | 902 | 417 | 935 | 651 | -129 | -436 | 56 | -192 |
Change in Income Taxes | 183 | 325 | -218 | 617 | -683 | 146 | 24 | -454 | 587 | -203 | 327 | 42 | 54 | -406 | -680 | 355 | -139 | 279 | -11 | -410 |
Change in Other Net Operating Assets | -15,975 | -9,512 | 24,987 | 24,026 | -6,368 | -4,613 | 26,775 | -4,196 | -21,187 | 19,453 | -4,708 | -1,627 | 1,087 | -22,548 | -9,725 | -875 | -14,143 | -3,624 | -26,134 | 6,772 |
Other Operating Activities | -320 | -127 | 15 | -140 | -74 | 67 | 175 | 274 | 146 | -372 | 114 | -32 | -545 | -27 | -92 | -55 | -79 | 426 | 183 | 184 |
Operating Cash Flow | -7,095 | -4,119 | 7,334 | -862 | 1,251 | 9,170 | 13,914 | -7,137 | -23,036 | -5,633 | -3,605 | -516 | -8,965 | -15,987 | 2,338 | 1,363 | -18,409 | 9,179 | -32,408 | 4,134 |
Operating Cash Flow Growth (YoY) | - | - | -47.29% | - | - | - | - | - | - | - | - | - | - | - | - | -67.03% | - | -58.18% | - | - |
Investing Activities
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 31, 2026 | Apr '26 Apr 30, 2026 | Jan '26 Jan 31, 2026 | Oct '25 Oct 31, 2025 | Jul '25 Jul 31, 2025 | Apr '25 Apr 30, 2025 | Jan '25 Jan 31, 2025 | Oct '24 Oct 31, 2024 | Jul '24 Jul 31, 2024 | Apr '24 Apr 30, 2024 | Jan '24 Jan 31, 2024 | Oct '23 Oct 31, 2023 | Jul '23 Jul 31, 2023 | Apr '23 Apr 30, 2023 | Jan '23 Jan 31, 2023 | Oct '22 Oct 31, 2022 | Jul '22 Jul 31, 2022 | Apr '22 Apr 30, 2022 | Jan '22 Jan 31, 2022 | Oct '21 Oct 31, 2021 |
Capital Expenditures | -572 | -476 | -384 | 510 | -405 | -439 | -386 | -432 | -413 | -327 | -392 | -1,111 | -190 | -202 | -174 | -301 | -175 | -166 | -135 | -157 |
Cash Acquisitions | - | - | -48 | - | - | - | - | - | - | - | - | 5 | -155 | -14,910 | -42 | - | - | - | - | - |
Investment in Securities | -12,155 | -13,104 | 730 | -1,508 | 292 | -4,173 | 7,723 | -8,124 | -4,741 | 2,126 | -12,226 | -5,119 | 4,409 | 2,005 | -5,673 | -2,863 | -766 | 2,186 | -27,806 | -1,278 |
Income (Loss) Equity Investments | -51 | -37 | -41 | -83 | -45 | 2 | -49 | -50 | -52 | -67 | -38 | -185 | - | - | - | - | - | - | - | - |
Divestitures | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8 | 1,218 | - |
Purchase / Sale of Intangibles | - | - | - | -1,009 | - | - | - | - | - | - | - | 572 | -178 | -201 | -193 | -187 | -188 | -162 | -134 | -141 |
Investing Cash Flow | -12,727 | -13,580 | 298 | -2,007 | -113 | -4,612 | 7,337 | -8,556 | -5,154 | 1,799 | -12,618 | -5,653 | 3,886 | -13,308 | -6,082 | -3,351 | -1,129 | 1,866 | -26,857 | -1,576 |
Financing Activities
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 31, 2026 | Apr '26 Apr 30, 2026 | Jan '26 Jan 31, 2026 | Oct '25 Oct 31, 2025 | Jul '25 Jul 31, 2025 | Apr '25 Apr 30, 2025 | Jan '25 Jan 31, 2025 | Oct '24 Oct 31, 2024 | Jul '24 Jul 31, 2024 | Apr '24 Apr 30, 2024 | Jan '24 Jan 31, 2024 | Oct '23 Oct 31, 2023 | Jul '23 Jul 31, 2023 | Apr '23 Apr 30, 2023 | Jan '23 Jan 31, 2023 | Oct '22 Oct 31, 2022 | Jul '22 Jul 31, 2022 | Apr '22 Apr 30, 2022 | Jan '22 Jan 31, 2022 | Oct '21 Oct 31, 2021 |
Short-Term Debt Issued | - | 3,763 | 3,054 | - | - | 279 | - | - | - | - | - | - | - | 4,803 | - | - | 3,161 | - | - | - |
Long-Term Debt Issued | - | - | - | - | - | 1,250 | - | - | 1,000 | - | - | - | 2,916 | 3,475 | 1,636 | - | 3,203 | - | - | - |
Total Debt Issued | - | 3,763 | 3,054 | - | - | 1,529 | - | - | 1,000 | - | - | 762 | 2,916 | 8,278 | 1,636 | 2,707 | 6,364 | 3,358 | 9,278 | 2,559 |
Short-Term Debt Repaid | -2,049 | - | - | - | -504 | - | -994 | - | -2,042 | -2,433 | -4,335 | - | -2,347 | - | - | - | - | - | - | - |
Long-Term Debt Repaid | -1,096 | -100 | -104 | - | -1,348 | -78 | -60 | - | -91 | -93 | -92 | - | -92 | -6,103 | -2,239 | - | -3,181 | - | - | - |
Total Debt Repaid | -3,145 | -100 | -104 | 189 | -1,852 | -78 | -1,054 | -4,342 | -2,133 | -2,526 | -4,427 | -3,841 | -2,439 | -6,103 | -2,239 | -1,434 | -3,181 | -108 | -2,250 | -83 |
Net Debt Issued (Repaid) | -3,145 | 3,663 | 2,950 | 189 | -1,852 | 1,451 | -1,054 | -4,342 | -1,133 | -2,526 | -4,427 | -3,079 | 477 | 2,175 | -603 | 1,273 | 3,183 | 3,250 | 7,028 | 2,476 |
Issuance of Common Stock | 61 | 25 | 68 | 64 | 27 | 42 | 44 | 12 | 17 | 19 | 21 | 29 | 6 | 20 | 3,309 | 1 | 15 | 3,076 | 21 | - |
Repurchase of Common Stock | -905 | -1,160 | -1,077 | -1,383 | -889 | -963 | -180 | - | - | - | -1 | - | -1 | -10 | - | -2 | -4 | -11 | - | -13 |
Preferred Stock Issued | - | - | - | - | 1,365 | - | - | - | 1,018 | 1,350 | - | - | - | - | 648 | 998 | 498 | 749 | - | - |
Preferred Share Repurchases | - | - | -1,250 | -200 | - | - | -300 | -400 | -850 | - | - | - | - | - | - | -400 | -500 | -600 | - | -290 |
Total Dividends Paid | -1,309 | -1,260 | -1,318 | -1,231 | -1,293 | -1,224 | -1,283 | -1,181 | -1,245 | -669 | -745 | -656 | -742 | -634 | -671 | -633 | -599 | -617 | -746 | -746 |
Net Increase (Decrease) in Deposit Accounts | 33,835 | 13,243 | -5,534 | 13,629 | -5,457 | -12,363 | -9,042 | 11,844 | 25,062 | 9,621 | 19,587 | 4,076 | 19,643 | -8,484 | 17,486 | 16,496 | 16,443 | 3,398 | 8,895 | 6,297 |
Other Financing Activities | - | -3 | - | - | - | -3 | - | - | - | -3 | - | - | - | - | - | - | - | - | - | - |
Financing Cash Flow | 28,537 | 14,508 | -6,161 | 11,068 | -8,099 | -13,060 | -11,815 | 5,933 | 22,869 | 7,792 | 14,435 | 370 | 19,383 | -6,933 | 20,169 | 17,733 | 19,036 | 9,245 | 15,198 | 7,724 |
Net Cash Flow
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 31, 2026 | Apr '26 Apr 30, 2026 | Jan '26 Jan 31, 2026 | Oct '25 Oct 31, 2025 | Jul '25 Jul 31, 2025 | Apr '25 Apr 30, 2025 | Jan '25 Jan 31, 2025 | Oct '24 Oct 31, 2024 | Jul '24 Jul 31, 2024 | Apr '24 Apr 30, 2024 | Jan '24 Jan 31, 2024 | Oct '23 Oct 31, 2023 | Jul '23 Jul 31, 2023 | Apr '23 Apr 30, 2023 | Jan '23 Jan 31, 2023 | Oct '22 Oct 31, 2022 | Jul '22 Jul 31, 2022 | Apr '22 Apr 30, 2022 | Jan '22 Jan 31, 2022 | Oct '21 Oct 31, 2021 |
Foreign Exchange Rate Adjustments | 1,549 | -365 | -1,577 | 698 | 186 | -2,596 | 1,926 | 97 | 213 | 1,252 | -1,487 | 2,471 | -1,537 | 1,381 | -549 | 2,135 | -198 | -127 | 929 | -846 |
Net Cash Flow | 10,264 | -3,556 | -106 | 8,897 | -6,775 | -11,098 | 11,362 | -9,663 | -5,108 | 5,210 | -3,275 | -3,328 | 12,767 | -34,847 | 15,876 | 17,880 | -700 | 20,163 | -43,138 | 9,436 |
Free Cash Flow
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 31, 2026 | Apr '26 Apr 30, 2026 | Jan '26 Jan 31, 2026 | Oct '25 Oct 31, 2025 | Jul '25 Jul 31, 2025 | Apr '25 Apr 30, 2025 | Jan '25 Jan 31, 2025 | Oct '24 Oct 31, 2024 | Jul '24 Jul 31, 2024 | Apr '24 Apr 30, 2024 | Jan '24 Jan 31, 2024 | Oct '23 Oct 31, 2023 | Jul '23 Jul 31, 2023 | Apr '23 Apr 30, 2023 | Jan '23 Jan 31, 2023 | Oct '22 Oct 31, 2022 | Jul '22 Jul 31, 2022 | Apr '22 Apr 30, 2022 | Jan '22 Jan 31, 2022 | Oct '21 Oct 31, 2021 |
Free Cash Flow | -7,667 | -4,595 | 6,950 | -352 | 846 | 8,731 | 13,528 | -7,569 | -23,449 | -5,960 | -3,997 | -1,627 | -9,155 | -16,189 | 2,164 | 1,062 | -18,584 | 9,013 | -32,543 | 3,977 |
Free Cash Flow Growth (YoY) | - | - | -48.63% | - | - | - | - | - | - | - | - | - | - | - | - | -73.30% | - | -58.77% | - | - |
Free Cash Flow Margin | -83.57% | -52.05% | 76.56% | -4.10% | 10.33% | 114.50% | 163.88% | -101.82% | -321.84% | -81.99% | -56.73% | -20.67% | -121.10% | -239.27% | 44.33% | 10.28% | -312.02% | 97.36% | -415.09% | 59.63% |
Free Cash Flow Per Share | -10.93 | -6.52 | 9.79 | -0.49 | 1.17 | 12.02 | 18.51 | -10.37 | -32.11 | -8.17 | -5.52 | -2.26 | -12.78 | -22.71 | 3.12 | 1.57 | -27.54 | 13.66 | -50.05 | 6.12 |
Additional Metrics
Fiscal Quarter | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jul '26 Jul 31, 2026 | Apr '26 Apr 30, 2026 | Jan '26 Jan 31, 2026 | Oct '25 Oct 31, 2025 | Jul '25 Jul 31, 2025 | Apr '25 Apr 30, 2025 | Jan '25 Jan 31, 2025 | Oct '24 Oct 31, 2024 | Jul '24 Jul 31, 2024 | Apr '24 Apr 30, 2024 | Jan '24 Jan 31, 2024 | Oct '23 Oct 31, 2023 | Jul '23 Jul 31, 2023 | Apr '23 Apr 30, 2023 | Jan '23 Jan 31, 2023 | Oct '22 Oct 31, 2022 | Jul '22 Jul 31, 2022 | Apr '22 Apr 30, 2022 | Jan '22 Jan 31, 2022 | Oct '21 Oct 31, 2021 |
Cash Interest Paid | 10,530 | 9,333 | 9,826 | 10,179 | 10,856 | 10,423 | 11,677 | 11,528 | 12,083 | 10,808 | 10,673 | 10,254 | 9,313 | 8,035 | 6,145 | 4,471 | 2,445 | 1,413 | 1,228 | 1,185 |
Cash Income Tax Paid | 553 | 476 | 883 | 439 | 1,086 | 826 | 480 | 902 | 471 | 658 | 419 | 289 | 319 | 657 | 1,326 | 595 | 788 | 446 | 545 | 691 |