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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.

TypePublic
Founded1817
HQToronto, CAMap
Websitebmo.com
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Latest Updates

Employees (est.) (Oct 2019)45,513
Job Openings686
Revenue (FY, 2019)C$25.5 B(+11%)
Share Price (Aug 2020)$55.9
Cybersecurity ratingBMore

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
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Bank of Montreal Financials and Metrics

Bank of Montreal Revenue

Bank of Montreal's revenue was reported to be C$25.48 b in FY, 2019 which is a 10.6% increase from the previous period.
CAD

Revenue (Q1, 2020)

6.7b

Net income (Q1, 2020)

1.6b

Market capitalization (6-Aug-2020)

35.7b

Closing stock price (6-Aug-2020)

55.9

Cash (31-Jan-2020)

45.7b

EV

(3.0b)
Bank of Montreal's current market capitalization is $35.7 b.
Annual
CADFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

21.1b22.3b23.0b25.5b

Revenue growth, %

9%6%3%11%

Operating expense total

13.0b13.3b13.6b14.6b

Pre tax profit

5.7b6.6b7.4b7.3b
Quarterly
CADQ1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020

Revenue

5.4b5.7b5.5b5.7b5.7b5.6b5.8b5.9b6.5b6.2b6.7b6.1b6.7b

Operating expense total

3.4b3.3b3.3b3.4b3.4b3.6b3.4b3.2b3.6b3.6b3.5b4.0b3.7b

Pre tax profit

1.8b1.5b1.8b1.5b1.7b1.6b2.0b2.1b1.9b1.9b2.0b1.5b2.0b

Income tax expense

361.0m250.0m407.0m278.0m762.0m317.0m443.0m438.0m387.0m384.0m425.0m318.0m421.0m
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Annual
CADFY, 2016FY, 2017FY, 2018FY, 2019

Cash

31.7b32.6b42.1b48.8b

Accounts Receivable

358.7b361.7b384.0b426.1b

PP&E

2.1b2.0b2.0b2.1b

Goodwill

6.4b6.2b6.4b6.3b
Quarterly
CADQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Cash

34.1b35.5b32.6b41.2b35.9b41.1b40.5b35.8b38.9b45.7b

Accounts Receivable

353.4b367.6b361.4b356.7b368.9b375.8b397.6b413.2b417.8b430.7b

PP&E

2.1b2.1b2.0b2.0b2.0b1.9b2.0b2.0b2.0b4.0b

Goodwill

6.2b6.6b6.0b6.1b6.3b6.3b6.4b6.5b6.3b6.4b
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Annual
CADFY, 2016FY, 2017FY, 2018FY, 2019

Net Income

4.6b5.4b5.5b5.8b

Depreciation and Amortization

1.0b1.1b1.1b1.2b

Cash From Operating Activities

(2.6b)2.9b17.9b29.3b

Purchases of PP&E

(224.0m)(301.0m)(556.0m)(478.0m)
Quarterly
CADQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020

Net Income

1.5b2.7b4.1b973.0m2.2b3.8b1.5b3.0b4.6b1.6b

Depreciation and Amortization

272.0m547.0m818.0m279.0m564.0m844.0m291.0m594.0m895.0m404.0m

Cash From Operating Activities

8.0b7.4b7.2b8.2b7.3b13.9b6.4b1.8b11.2b10.8b

Purchases of PP&E

(34.0m)(93.0m)(168.0m)(65.0m)(119.0m)(168.0m)(91.0m)(186.0m)(303.0m)(104.0m)
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CADFY, 2016

Revenue/Employee

466.2k

Debt/Equity

0.1 x

Financial Leverage

16.3 x
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Bank of Montreal Operating Metrics

Bank of Montreal's Total Loans was reported to be C$430.7b in Q1, 2020. Bank of Montreal's Total Deposits was reported to be C$582.3b in Q1, 2020.
Q4, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019Q3, 2019Q4, 2019Q1, 2020

Total Loans

C$303.04 bC$317.63 bC$315.86 bC$329.18 bC$322.72 bC$345 bC$341.69 bC$352.30 bC$358.73 bC$353.39 bC$367.58 bC$361.37 bC$361.67 bC$356.66 bC$368.90 bC$375.76 bC$383.99 bC$397.60 bC$413.24 bC$417.85 bC$426.09 bC$430.71 b

Total Deposits

C$393.09 bC$429.78 bC$424.23 bC$447.62 bC$438.17 bC$470.84 bC$444.79 bC$467.85 bC$473.37 bC$476.95 bC$488.21 bC$473.11 bC$483.49 bC$475.57 bC$491.20 bC$506.92 bC$522.05 bC$532.20 bC$548.84 bC$553.38 bC$568.14 bC$582.29 b

Assets Under Management (BMO Wealth Management)

C$379.61 bC$397.96 bC$405.70 bC$429.45 bC$435.50 bC$439.19 bC$451.22 bC$438.27 bC$438.54 bC$465.47 bC$464.71 bC$471.16 bC$482.27 b

Assets Under Administration (BMO Wealth Management)

C$414.55 bC$465.74 bC$469.69 bC$359.77 bC$379.66 bC$386.49 bC$394.51 bC$382.84 bC$377.53 bC$396.77 bC$391.62 bC$393.58 bC$410.54 b
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Bank of Montreal Acquisitions / Subsidiaries

Company NameDateDeal Size
Clearpool GroupJanuary 22, 2020
F&C Asset ManagementJanuary 29, 2014£708 m
Marshall & IlsleyDecember 17, 2010
Gerard, Klauer, Mattison & Co. PartnersJuly 07, 2003
Bank of Montreal Capital Markets (Holdings) Limited
Bank of Montreal (China) Co. Ltd
Bank of Montreal Holding Inc.
Bank of Montreal Ireland plc
Bank of Montreal Mortgage Corporation
BMO Asset Management Corp.
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Bank of Montreal Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

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Bank of Montreal Revenue Breakdown

Embed Graph

Bank of Montreal revenue breakdown by business segment: 29.7% from Wealth Management, 18.4% from BMO Capital Markets, 20.9% from U.S. Personal and Commercial Banking and 31.1% from Canadian Personal and Commercial Banking

Bank of Montreal revenue breakdown by geographic segment: 8.1% from Other Countries, 32.5% from United States and 59.4% from Canada

Bank of Montreal Online and Social Media Presence

Bank of Montreal's Trends

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Bank of Montreal Blogs

July 21, 2020

BMO Harris New Markets Fund Receives $55 Million in New Markets Tax Credits

July 17, 2020

Tracking the Recovery: BMO Economics Introduces Canadian Business Activity Index

July 16, 2020

BMO Harris Bank earns a 100 on 2020 Disability Equality Index and named among Best Places to Work for Disability Inclusion

July 13, 2020

BMO Announces Next Steps in Eliminating Racial Injustice

July 10, 2020

Bank of Montreal Announces the Reverse Split of FNGD ETNs

July 08, 2020

BMO Announces $100,000 Grant Program for Women-Owned Businesses

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 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 45,513 employees.

  • What is Bank of Montreal revenue?

    Latest Bank of Montreal annual revenue is C$25.5 b.

  • What is Bank of Montreal revenue per employee?

    Latest Bank of Montreal revenue per employee is C$559.9 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.