BMO
Financial Performance
BMO Revenue & Financials
Revenue
~$24.7B (FY2025)
Market Cap
$100B
Net Income
~$6.3B
Employees
55,000
What is BMO's revenue?
BMO had ~$24.7B in revenue for fiscal year 2025, up 4.6% from 2024. Net income was ~$6.3B.
- Latest revenue
- ~$24.7B (FY2025)
- Year-over-year
- +4.6%
- Growth rate (CAGR)
- 5.6% over 9 years
- Peak revenue
- ~$24.7B (FY2025)
- Years of data
- 10
- Employees
- 55,000
- How much profit does BMO make?
- BMO reported net income of ~$6.3B for fiscal year 2025.
- How many employees does BMO have?
- BMO has about 55,000 employees.
Financial Analysis
In fiscal year 2024, BMO Financial Group generated CAD $32.795 billion in revenue and CAD $7.327 billion in GAAP net income, supporting CAD $1.410 trillion in assets. Despite elevating provisions for credit losses to CAD $2.8 billion to cushion against commercial credit softening, BMO preserved an industry-leading CET1 capital ratio of 12.8% and declared unbroken shareholder dividends, continuing a streak that began in 1829.
Revenue Trend Analysis
YoY Change
+4.6%
9-Year CAGR
+5.6%
Peak Year
2025
Trend
Consistent Growth
BMO has 10 full fiscal year figures on this page, compounding at +5.6% annually over 9 years. The most recent year saw a 4.6% increase versus the prior year. Annual revenue peaked in fiscal year 2025 at ~$24.7B. Of 9 comparable year-over-year steps, 7 showed growth and 2 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2025 | $34.3B | $8.7B | +4.6% |
| FY2024 | $32.8B | $7.3B | +5.1% |
| FY2023 | $31.2B | $4.4B | -7.4% |
| FY2022 | $33.7B | $13.5B | +24.0% |
| FY2021 | $27.2B | $7.8B | +7.9% |
| FY2020 | $25.2B | $5.2B | -1.2% |
| FY2019 | $25.5B | $5.8B | +11.3% |
| FY2018 | $22.9B | $5.5B | +2.5% |
| FY2017 | $22.4B | $5B | +6.0% |
| FY2016 | $21.1B | $4.6B | — |
Click any row to see year details.
Keep researching BMO
BMO Revenue and Financial FAQ
What was BMO's total revenue and net income in fiscal year 2024?
In fiscal year 2024 (ended October 31, 2024), BMO Financial Group generated CAD $32.795 billion in consolidated total revenue and reported CAD $7.327 billion in GAAP net income. Net income reflected resilient net interest margins across both Canada and the U.S., despite higher provisions for credit losses during post-merger integration.
What is BMO's Common Equity Tier 1 (CET1) capital ratio?
BMO reported a Common Equity Tier 1 (CET1) capital ratio of 12.8% at the end of fiscal 2024. This ratio is well above the 11.5% regulatory requirement established by Canada's Office of the Superintendent of Financial Institutions (OSFI), which includes a 3.5% Domestic Stability Buffer (DSB) to safeguard systemic resilience.
How large are BMO's total balance sheet assets?
As of October 31, 2024, BMO Financial Group held CAD $1.410 trillion in total balance sheet assets. This ranks BMO as the fourth-largest bank in Canada and the eighth-largest commercial banking institution across North America by total asset volume.
What was BMO's provision for credit losses (PCL) in 2024?
In fiscal 2024, BMO booked approximately CAD $2.8 billion in total provisions for credit losses, up from CAD $2.2 billion in 2023. The increase reflected prudent reserve additions across U.S. commercial and industrial lending, commercial real estate, and consumer portfolios amidst elevated benchmark interest rates.
How reliable has BMO's dividend track record been historically?
BMO holds the longest continuous dividend-paying track record of any corporation in Canadian history, having paid uninterrupted shareholder dividends since 1829. Through nearly two centuries of financial panics, world wars, and economic recessions, BMO has consistently distributed quarterly cash dividends to its equity shareholders.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "BMO Revenue & Financials." CorpDigest, https://corpdigest.com/company/bmo/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>BMO reported $34.3B in revenue (FY2025).</strong><br>Source: <a href="https://corpdigest.com/company/bmo/financials" target="_blank" rel="noopener">CorpDigest — BMO financials</a></div>Related Financial Audits
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