BMO Competitors and Similar CompaniesClear all
BMO's competitors and similar companies include Desjardins, Royal Bank of Canada, Scotiabank, CIBC, Toronto-Dominion Bank and Banco Santander.
 BMO BMO Financial Group (Bank of Montreal) is a company that provides banking and financial solutions. |  Desjardins Desjardins is a cooperative financial group that operates through business segments such as personal and business banking, property and casualty insurance, wealth management, and life and health insurance. |  Scotiabank Scotiabank (also known as the Bank of Nova Scotia or La Banque de Nouvelle-Ecosse) is a banking and financial services provider. |  CIBC Canadian Imperial Bank of Commerce (CIBC) is a financial institution that provides its clients with banking services. |  Toronto-Dominion Bank The Toronto-Dominion Bank (TD) operating as TD Bank Group is a multinational banking and financial services corporation. |  Banco Santander Banco Santander is a company that provides various retail and commercial banking products and services. | ||
Founding Date | Founding Date 1817 | Founding Date 1900 | Founding Date 1869 | Founding Date 1832 | Founding Date 1961 | Founding Date 1955 | Founding Date 1857 |
Type | Type Public | Type Subsidiary | Type Public | Type Public | Type Public | Type Public | Type Public |
Tags | |||||||
Locations | Locations Toronto, CA HQ Melbourne, AU Calgary, CA Charlottetown, CA Edmonton, CA Halifax, CA Moncton, CA see more | Locations Toronto, CA HQ Melbourne, AU Sydney, AU New Providence, BS Holetown, BB Bedford, CA Calgary, CA see more | Locations Halifax, CA HQ Sydney, AU Nassau, BS Bridgetown, BB São Paulo, BR Calgary, CA Montréal, CA see more | Locations Toronto, CA HQ | Locations Toronto, CA HQ | Locations Boadilla del Monte, ES HQ San Nicolás, AR Merelbeke, BE Santiago, CL Helsinki, FI Paris, FR Berlin, DE see more | |
Employees | Employees 53,2341% decrease | Employees 56,165 | Employees 94,624 | Employees 88,722 | Employees 48,698 | Employees 101,7597% decrease | Employees 206,736 |
Valuation ($) | Valuation ($) 68.2 b | Valuation ($) N/A | Valuation ($) 163.4 b | Valuation ($) 64.7 b | Valuation ($) 59.8 b | Valuation ($) 98.2 b | Valuation ($) 73.4 b |
Financial | |||||||
Revenue (est.) | Revenue (est.) $68.1b (FY, 2023) | Revenue (est.) $18.3b (FY, 2020) | Revenue (est.) $118b (FY, 2023) | Revenue (est.) $37.7b (FY, 2025) | Revenue (est.) $55.5b (FY, 2023) | Revenue (est.) $101.2b (FY, 2023) | Revenue (est.) €44.3b (FY, 2020) |
Cost of goods | Cost of goods $36.9b (FY, 2023) | Cost of goods $978m (FY, 2020) | Cost of goods $61.9b (FY, 2023) | Cost of goods N/A | Cost of goods $32.2b (FY, 2023) | Cost of goods $50.7b (FY, 2023) | Cost of goods N/A |
Gross profit | Gross profit $31.2b (FY, 2023) | Gross profit $17.4b (FY, 2020) | Gross profit $56.1b (FY, 2023) | Gross profit N/A | Gross profit $23.3b (FY, 2023) | Gross profit $50.5b (FY, 2023) | Gross profit N/A |
Net income | Net income $4.4b (FY, 2023) | Net income $929m (FY, 2020) | Net income $14.9b (FY, 2023) | Net income $7.8b (FY, 2025) | Net income $5b (FY, 2023) | Net income $10.8b (FY, 2023) | Net income (€7.7b) (FY, 2020) |
Operating ⚠ | |||||||
ATMs | ATMs 5.8 k (FY, 2023) | ATMs N/A | ATMs 4.4 k (Q3, 2023) | ATMs N/A | ATMs N/A | ATMs 3.4 k (FY, 2023) | ATMs 40.5 k (FY, 2020) |
Assets Under Administration | Assets Under Administration N/A | Assets Under Administration $458.2b (FY, 2020) | Assets Under Administration $4.4t (Q3, 2023) | Assets Under Administration $738.9b (Q2, 2024) | Assets Under Administration $2.9t (FY, 2023) | Assets Under Administration N/A | Assets Under Administration N/A |
Assets Under Management | Assets Under Management N/A | Assets Under Management $89.1b (FY, 2020) | Assets Under Management $1.1t (Q3, 2023) | Assets Under Management $348.6b (Q2, 2024) | Assets Under Management $300.2b (FY, 2023) | Assets Under Management N/A | Assets Under Management N/A |
Bank Branches | Bank Branches 1.9 k (FY, 2023) | Bank Branches N/A | Bank Branches 1.3 k (Q3, 2023) | Bank Branches 2.4 k (Q4, 2022) | Bank Branches N/A | Bank Branches 1.1 k (FY, 2023) | Bank Branches 9.9 k (Q3, 2021) |
Customers | Customers 13 m (FY, 2023) | Customers N/A | Customers 17 m (Q3, 2023) | Customers N/A | Customers N/A | Customers 28 m (FY, 2023) | Customers 152.4 m (Q3, 2021) |
Online and Mobile Customers | Online and Mobile Customers N/A | Online and Mobile Customers N/A | Online and Mobile Customers N/A | Online and Mobile Customers N/A | Online and Mobile Customers N/A | Online and Mobile Customers 16.7 m (FY, 2023) | Online and Mobile Customers 46.6 m (Q3, 2021) |
Total Deposits | Total Deposits $914.1b (Q1, 2024) | Total Deposits $72.4b (FY, 2020) | Total Deposits $1.2t (Q3, 2023) | Total Deposits $942b (Q2, 2024) | Total Deposits $723.4b (FY, 2023) | Total Deposits $1.2t (FY, 2023) | Total Deposits N/A |
Total Loans | Total Loans $645.8b (Q1, 2024) | Total Loans $55.7b (FY, 2020) | Total Loans $835.7b (Q3, 2023) | Total Loans $760b (Q2, 2024) | Total Loans $540.2b (FY, 2023) | Total Loans $895.9b (FY, 2023) | Total Loans N/A |
For sources of this data, please see the company profile
View Company Profiles
Desjardins
HQ
Lévis, CA
Desjardins is a cooperative financial group that operates through business segments such as personal and business banking, property and casualty insurance, wealth management, and life and health insurance.
View company
Royal Bank of Canada
HQ
Toronto, CA
Employees
94,624
Royal Bank of Canada (RBC) is a diversified financial services company.
View companyScotiabank
HQ
Halifax, CA
Employees
88,722
Scotiabank (also known as the Bank of Nova Scotia or La Banque de Nouvelle-Ecosse) is a banking and financial services provider.
View companyCIBC
HQ
Toronto, CA
Employees
48,698
Canadian Imperial Bank of Commerce (CIBC) is a financial institution that provides its clients with banking services.
View company