OverviewSuggest Edit

Bank of Montreal (BMO Financial Group, BMO) is a diversified financial services provider. It operates through three operating groups: Personal and Commercial Banking, BMO Wealth Management, and BMO Capital Markets. The company offers a broad range of personal and commercial banking, wealth management, global markets, and investment banking products and services to individuals, corporate, institutional, and government clients.

TypePublic
Founded1817
HQToronto, CA
Websitebmo.com
Overall CultureB

Latest Updates

Employees (est.) (Oct 2020)46,532(+3%)
Job Openings2,061
Revenue (FY, 2020)C$34.5 B(-10%)
Share Price (Jun 2021)$104.4
Cybersecurity ratingCMore

Key People/Management at Bank of Montreal

Darryl White

Darryl White

Chief Executive Officer
George Cope

George Cope

Chair of the Board
Thomas E. Flynn

Thomas E. Flynn

Chief Financial Officer
Cameron Fowler

Cameron Fowler

Chief Strategy and Operations Officer
Patrick Cronin

Patrick Cronin

Chief Risk Officer
Simon A. Fish

Simon A. Fish

General Counsel
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Bank of Montreal Office Locations

Bank of Montreal has offices in Toronto, Calgary, Montréal, Vancouver and in 36 other locations
Toronto, CA (HQ)
100 King St W
Calgary, CA
900 525 8 Ave SW
Montréal, CA
119 Rue Saint-Jacques
Toronto, CA
60 Yonge St
Toronto, CA
77 King St W
Vancouver, CA
885 W Georgia St
Show all (45)

Bank of Montreal Financials and Metrics

Bank of Montreal Revenue

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Bank of Montreal's revenue was reported to be C$34.53 b in FY, 2020 which is a 10.9% decrease from the previous period.
CAD

Revenue (FY, 2020)

34.5b

Revenue growth (FY, 2019 - FY, 2020), %

(10.9%)

Gross profit (FY, 2020)

25.2b

Gross profit margin (FY, 2020), %

72.9%

Net income (FY, 2020)

5.1b

Market capitalization (11-Jun-2021)

67.6b

Closing stock price (11-Jun-2021)

104.4

Cash (31-Oct-2020)

57.4b

EV

18.6b
Bank of Montreal's current market capitalization is $67.6 b.
Annual
CADFY, 2018FY, 2019FY, 2020

Revenue

32.2b38.7b34.5b

Revenue growth, %

3%20%(11%)

Cost of goods sold

9.1b13.3b9.3b

Gross profit

23.0b25.5b25.2b
Quarterly
CADQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

7.5b7.7b8.3b9.7b9.5b10.2b9.9b7.9b9.2b

Cost of goods sold

1.8b2.1b2.5b3.2b3.3b3.5b3.1b2.6b2.0b

Gross profit

5.7b5.6b5.8b6.5b6.2b6.7b6.7b5.3b7.2b

Gross profit Margin, %

76%73%70%67%66%66%68%67%79%
Annual
CADFY, 2018FY, 2019FY, 2020

Cash

42.1b48.8b57.4b

Accounts Receivable

384.0b426.1b445.0b

PP&E

2.0b2.1b4.2b

Goodwill

6.4b6.3b6.5b
Quarterly
Annual
CADFY, 2018FY, 2019FY, 2020

Net Income

5.5b5.8b5.1b

Depreciation and Amortization

1.1b1.2b1.6b

Accounts Payable

35.3b48.0b88.3b

Cash From Operating Activities

17.9b29.3b50.8b
Quarterly
CADQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

973.0m2.2b3.8b1.5b3.0b4.6b1.6b2.3b3.5b

Depreciation and Amortization

279.0m564.0m844.0m291.0m594.0m895.0m404.0m811.0m1.2b

Accounts Payable

7.1b9.5b23.0b12.4b23.9b33.0b14.3b68.7b88.4b

Cash From Operating Activities

8.2b7.3b13.9b6.4b1.8b11.2b10.8b47.2b71.0b
CADQ1, 2018

Debt/Equity

0.2 x

Financial Leverage

17 x

P/E Ratio

56.9
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Bank of Montreal Acquisitions / Subsidiaries

Company NameDateDeal Size
Clearpool GroupJanuary 22, 2020
KGS-Alpha Capital MarketsSeptember 04, 2018
Greene Holcomb FisherAugust 01, 2016
F&C Asset ManagementJanuary 29, 2014£708 m
CTC Consulting LLCJune 11, 2012
Marshall & Ilsley CorporationJuly 05, 2011
LGM Investments LimitedApril 28, 2011
AIG Life Insurance Company of CanadaApril 01, 2009
Merchants and Manufacturers Bancorporation IncDecember 31, 2007
Ozaukee BankDecember 31, 2007
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Bank of Montreal Revenue Breakdown

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Bank of Montreal revenue breakdown by business segment: 26.2% from Wealth Management, 20.8% from BMO Capital Markets, 21.6% from U.S. Personal and Commercial Banking and 31.4% from Canadian Personal and Commercial Banking

Bank of Montreal revenue breakdown by geographic segment: 8.0% from Other Countries, 34.4% from United States and 57.6% from Canada

Bank of Montreal Cybersecurity Score

Cybersecurity ratingPremium dataset

C

78/100

SecurityScorecard logo

Bank of Montreal Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Bank of Montreal Online and Social Media Presence

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Bank of Montreal Company Culture

  • Overall Culture

    B

    71/100

  • CEO Rating

    D

    60/100

  • Compensation

    A

    78/100

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Bank of Montreal News and Updates

Disclosure of received notification of Bank of Montreal

Regulated informationNazareth (Belgium)/Rotterdam (The Netherlands), 18 May 2021

Bank of Montreal Tops Estimates on Decline in Loan-Loss Reserves

Bank of Montreal Tops Estimates on Decline in Loan-Loss Reserves

Bank of Montreal Announces the Split of Three Series of ETNs

NEW YORK, Jan. 29, 2021 /PRNewswire/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) announced today that it will implement a split of three series of its outstanding exchange traded notes, as listed in the table below (the "ETNs" or "Notes"). The split of the three series will be effective at...

Bank of Montreal Frequently Asked Questions

  • When was Bank of Montreal founded?

    Bank of Montreal was founded in 1817.

  • Who are Bank of Montreal key executives?

    Bank of Montreal's key executives are Darryl White, George Cope and Thomas E. Flynn.

  • How many employees does Bank of Montreal have?

    Bank of Montreal has 46,532 employees.

  • What is Bank of Montreal revenue?

    Latest Bank of Montreal annual revenue is C$34.5 b.

  • What is Bank of Montreal revenue per employee?

    Latest Bank of Montreal revenue per employee is C$742.1 k.

  • Who are Bank of Montreal competitors?

    Competitors of Bank of Montreal include Desjardins, Royal Bank Of Canada and Scotiabank.

  • Where is Bank of Montreal headquarters?

    Bank of Montreal headquarters is located at 100 King St W, Toronto.

  • Where are Bank of Montreal offices?

    Bank of Montreal has offices in Toronto, Calgary, Montréal, Vancouver and in 36 other locations.

  • How many offices does Bank of Montreal have?

    Bank of Montreal has 45 offices.