Bank of Montreal (FRA:BZZ)

Bank of Montreal Income 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
Interest Income on Loans	38,747	40,069	34,310	20,464	15,727
Interest Income on Investments	24,790	25,916	21,264	6,433	4,160
Total Interest Income	63,537	65,985	55,574	26,897	19,887
Interest Paid on Deposits	29,255	34,580	26,547	6,711	3,220
Interest Paid on Borrowings	12,795	11,937	10,346	4,301	2,357
Total Interest Expense	42,050	46,517	36,893	11,012	5,577
Net Interest Income	21,487	19,468	18,681	15,885	14,310
Net Interest Income Growth (YoY)	10.37%	4.21%	17.60%	11.01%	2.43%
Trust Income	2,339	2,056	1,851	1,770	1,982
Income From Trading Activities	2,584	2,377	-216	8,250	296
Gain (Loss) on Sale of Assets	-	-	-	-8	-78
Gain (Loss) on Sale of Investments	287	200	180	281	591
Gain (Loss) on Sale of Equity Investments	175	207	185	274	248
Other Non-Interest Income	7,611	6,861	7,061	5,924	8,487
Total Non-Interest Income	14,787	13,327	10,578	17,809	12,769
Non-Interest Income Growth (YoY)	10.96%	25.99%	-40.60%	39.47%	13.86%
Revenues Before Loan Losses	36,274	32,795	29,259	33,694	27,079
Provision for Loan Losses	3,617	3,761	2,178	313	20
Revenue	32,657	29,034	27,081	33,381	27,059
Revenue Growth (YoY)	12.48%	7.21%	-18.87%	23.36%	21.71%
Salaries and Employee Benefits	10,167	9,629	10,863	8,035	6,753
Occupancy Expenses	4,468	4,117	4,870	3,635	3,396
Amortization of Goodwill & Intangibles	1,152	1,112	1,008	604	634
Selling, General & Administrative	3,979	3,372	2,911	2,343	2,837
Other Non-Interest Expense	1,341	1,269	1,482	878	2,402
Total Non-Interest Expense	21,107	19,499	21,134	15,495	16,022
EBT Excluding Unusual Items	11,550	9,535	5,947	17,886	11,037
Pretax Income	11,550	9,535	5,947	17,886	10,258
Income Tax Expense	2,825	2,208	1,510	4,349	2,504
Earnings From Continuing Operations	8,725	7,327	4,437	13,537	7,754
Minority Interest in Earnings	-16	-9	-12	-	-
Net Income	8,709	7,318	4,425	13,537	7,754
Preferred Dividends & Other Adjustments	436	386	331	231	244
Net Income to Common	8,273	6,932	4,094	13,306	7,510
Net Income Growth	19.01%	65.38%	-67.31%	74.58%	52.13%
Basic Shares Outstanding	722	728	709	664	647
Diluted Shares Outstanding	723	729	711	666	649
Shares Change (YoY)	-0.72%	2.54%	6.73%	2.63%	1.02%
EPS (Basic)	11.46	9.53	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%
Dividend Per Share	6.440	6.120	5.800	5.440	4.240
Dividend Growth	5.23%	5.52%	6.62%	28.30%	-
Effective Tax Rate	24.46%	23.16%	25.39%	24.32%	24.41%

Source: S&P Global Market Intelligence. Banks template. Financial Sources.