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Bank of Montreal

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.

Type	Public
Founded	1817
HQ	Toronto, CA	Map
Website	bmo.com
Overall Culture	B	More

View Jobs (2,061)

Recent NewsAll News

Disclosure of received notification of Bank of Montreal
Marketwire18 May 2021
Bank of Montreal Tops Estimates on Decline in Loan-Loss Reserves
Bloomberg23 Feb 2021
Bank of Montreal Announces the Split of Three Series of ETNs
PR Newswire29 Jan 2021

Latest Updates

Employees (est.) (Oct 2020)	46,532	(+3%)
Job Openings	2,061
Revenue (FY, 2020)	C$34.5 B	(-10%)
Share Price (Jun 2021)	$104.4
Cybersecurity rating	C	More

Key People/Management at Bank of Montreal

Darryl White

Chief Executive Officer

George Cope

Chair of the Board

Thomas E. Flynn

Chief Financial Officer

Cameron Fowler

Chief Strategy and Operations Officer

Patrick Cronin

Chief Risk Officer

Simon A. Fish

General Counsel

Bank of Montreal Office Locations

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

Open Map View

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

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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.

Summary

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.

Income Statement

Annual

CAD	FY, 2018	FY, 2019	FY, 2020
Revenue	32.2b	38.7b	34.5b
Revenue growth, %	3%	20%	(11%)
Cost of goods sold	9.1b	13.3b	9.3b
Gross profit	23.0b	25.5b	25.2b

Quarterly

CAD	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020
Revenue	7.5b	7.7b	8.3b	9.7b	9.5b	10.2b	9.9b	7.9b	9.2b
Cost of goods sold	1.8b	2.1b	2.5b	3.2b	3.3b	3.5b	3.1b	2.6b	2.0b
Gross profit	5.7b	5.6b	5.8b	6.5b	6.2b	6.7b	6.7b	5.3b	7.2b
Gross profit Margin, %	76%	73%	70%	67%	66%	66%	68%	67%	79%

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Balance Sheet

Annual

CAD	FY, 2018	FY, 2019	FY, 2020
Cash	42.1b	48.8b	57.4b
Accounts Receivable	384.0b	426.1b	445.0b
PP&E	2.0b	2.1b	4.2b
Goodwill	6.4b	6.3b	6.5b

Quarterly

CAD	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020
Cash	41.2b	35.9b	41.1b	40.5b	35.8b	38.9b	45.7b	71.6b	76.6b
Accounts Receivable	356.7b	368.9b	375.8b	397.6b	413.2b	417.8b	430.7b	468.9b	445.3b
PP&E	2.0b	2.0b	1.9b	2.0b	2.0b	2.0b	4.0b	4.0b	3.9b
Goodwill	6.1b	6.3b	6.3b	6.4b	6.5b	6.3b	6.4b	6.8b	6.6b

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Cash Flow

Annual

CAD	FY, 2018	FY, 2019	FY, 2020
Net Income	5.5b	5.8b	5.1b
Depreciation and Amortization	1.1b	1.2b	1.6b
Accounts Payable	35.3b	48.0b	88.3b
Cash From Operating Activities	17.9b	29.3b	50.8b

Quarterly

CAD	Q1, 2018	Q2, 2018	Q3, 2018	Q1, 2019	Q2, 2019	Q3, 2019	Q1, 2020	Q2, 2020	Q3, 2020
Net Income	973.0m	2.2b	3.8b	1.5b	3.0b	4.6b	1.6b	2.3b	3.5b
Depreciation and Amortization	279.0m	564.0m	844.0m	291.0m	594.0m	895.0m	404.0m	811.0m	1.2b
Accounts Payable	7.1b	9.5b	23.0b	12.4b	23.9b	33.0b	14.3b	68.7b	88.4b
Cash From Operating Activities	8.2b	7.3b	13.9b	6.4b	1.8b	11.2b	10.8b	47.2b	71.0b

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Ratios

CAD	Q1, 2018
Debt/Equity	0.2 x
Financial Leverage	17 x
P/E Ratio	56.9

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Bank of Montreal Operating Metrics

Bank of Montreal's Total Deposits was reported to be C$659b in Q4, 2020. Bank of Montreal's Total Loans was reported to be C$445b in Q4, 2020.

	Q4, 2014	Q1, 2015	Q2, 2015	Q3, 2015	Q4, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q4, 2016	Q1, 2017	Q2, 2017	Q3, 2017	Q4, 2017	Q1, 2018	Q2, 2018	Q3, 2018	Q4, 2018	Q1, 2019	Q2, 2019	Q3, 2019	Q4, 2019	Q1, 2020	Q2, 2020	Q3, 2020	Q4, 2020
Total Loans	C$303.04 b	C$317.63 b	C$315.86 b	C$329.18 b	C$322.72 b	C$345 b	C$341.69 b	C$352.3 b	C$358.73 b	C$353.39 b	C$367.58 b	C$361.37 b	C$361.67 b	C$356.66 b	C$368.9 b	C$375.76 b	C$383.99 b	C$397.6 b	C$413.24 b	C$417.85 b	C$426.09 b	C$430.71 b	C$468.94 b	C$445.33 b	C$445 b
Total Deposits	C$393.09 b	C$429.78 b	C$424.23 b	C$447.62 b	C$438.17 b	C$470.84 b	C$444.79 b	C$467.85 b	C$473.37 b	C$476.95 b	C$488.21 b	C$473.11 b	C$483.49 b	C$475.57 b	C$491.2 b	C$506.92 b	C$522.05 b	C$532.2 b	C$548.84 b	C$553.38 b	C$568.14 b	C$582.29 b	C$653.71 b	C$660.6 b	C$659.03 b
Assets Under Management (BMO Wealth Management)	C$379.61 b				C$397.96 b				C$405.7 b				C$429.45 b	C$435.5 b	C$439.19 b	C$451.22 b	C$438.27 b	C$438.54 b	C$465.47 b	C$464.71 b	C$471.16 b	C$482.27 b	C$464.17 b	C$498.02 b
Assets Under Administration (BMO Wealth Management)	C$414.55 b				C$465.74 b				C$469.69 b				C$359.77 b	C$379.66 b	C$386.49 b	C$394.51 b	C$382.84 b	C$377.53 b	C$396.77 b	C$391.62 b	C$393.58 b	C$410.54 b	C$400.65 b	C$411.12 b

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Bank of Montreal Acquisitions / Subsidiaries

Company Name	Date	Deal Size
Clearpool Group	January 22, 2020
KGS-Alpha Capital Markets	September 04, 2018
Greene Holcomb Fisher	August 01, 2016
F&C Asset Management	January 29, 2014	£708 m
CTC Consulting LLC	June 11, 2012
Marshall & Ilsley Corporation	July 05, 2011
LGM Investments Limited	April 28, 2011
AIG Life Insurance Company of Canada	April 01, 2009
Merchants and Manufacturers Bancorporation Inc	December 31, 2007
Ozaukee Bank	December 31, 2007

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

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

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Competitors

Desjardins

Financial Services - Private

Royal Bank Of Canada

Financial Services - Public

Scotiabank

Financial Services - Public

Canadian Imperial Bank of Commerce (CIBC)

Financial Services - Public

Toronto-Dominion Bank (TD)

Financial Services - Public

Banco Santander

Financial Services - Public

Compare competitors

Bank of Montreal Online and Social Media Presence

6 Months

Bank of Montreal has 53.8k Twitter Followers. The number of followers has decreased 0.3% month over month and increased 0.1% quarter over quarter

Embed Graph

Twitter Engagement Stats for @bmo

51k

Tweets

179

Following

53.8k

Followers

353

Tweets last 30 days

Avg. likes per Tweet

25.8%

Tweets with engagement

Overall Culture
B
71/100
CEO Rating
D
60/100
Compensation
A
78/100

Learn more on Comparably

Bank of Montreal News and Updates

May 18, 2021

Disclosure of received notification of Bank of Montreal

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

February 23, 2021

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

January 29, 2021

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 Blogs

July 28, 2020

Forbes ranks BMO Harris Bank as one of America's Best Employers for Women in 2020

July 27, 2020

Bank of Montreal Announces Dividend Rates on Non-Cumulative 5-Year Rate Reset Class B Preferred Shares, Series 33 (NVCC) and Non-Cumulative Floating Rate Class B Preferred Shares, Series 34 (NVCC)

July 27, 2020

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.

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Bank of Montreal

OverviewSuggest Edit

Recent NewsAll News

Latest Updates

Key People/Management at Bank of Montreal

Darryl White

George Cope

Thomas E. Flynn

Cameron Fowler

Patrick Cronin

Simon A. Fish

Bank of Montreal Office Locations

Bank of Montreal Financials and Metrics

Bank of Montreal Revenue

Summary

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

Gross profit (FY, 2020)

Gross profit margin (FY, 2020), %

Net income (FY, 2020)

Market capitalization (11-Jun-2021)

Closing stock price (11-Jun-2021)

Cash (31-Oct-2020)

EV

Income Statement

Revenue

Revenue growth, %

Cost of goods sold

Gross profit

Revenue

Cost of goods sold

Gross profit

Gross profit Margin, %

Balance Sheet

Cash

Accounts Receivable

PP&E

Goodwill

Cash

Accounts Receivable

PP&E

Goodwill

Cash Flow

Net Income

Depreciation and Amortization

Accounts Payable

Cash From Operating Activities

Net Income

Depreciation and Amortization

Accounts Payable

Cash From Operating Activities

Ratios

Debt/Equity

Financial Leverage

P/E Ratio

Bank of Montreal Operating Metrics

Total Loans

Total Deposits

Assets Under Management (BMO Wealth Management)

Assets Under Administration (BMO Wealth Management)

Bank of Montreal Acquisitions / Subsidiaries

Bank of Montreal Revenue Breakdown

Bank of Montreal Cybersecurity Score

Cybersecurity ratingPremium dataset

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

CSRHub ESG ratingPremium dataset

Competitors

Bank of Montreal Online and Social Media Presence

53.8k Twitter followers

Bank of Montreal's Trends

Twitter Engagement Stats for @bmo

Bank of Montreal Company Culture

Overall Culture

CEO Rating

Compensation

Bank of Montreal News and Updates

Bank of Montreal Blogs

Bank of Montreal Frequently Asked Questions

Learn about Craft real-time company insights

Learn about Craft real-time company insights