Breakdown | |||||
TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
44.31B | 32.04B | 29.02B | 26.26B | 26.91B | 25.02B | Gross Profit |
45.22B | 32.04B | 33.05B | 26.26B | 26.91B | 25.02B | EBIT |
3.08B | 0.00 | 10.30B | 28.90B | 10.26B | 6.35B | EBITDA |
2.92B | 0.00 | 7.71B | 19.00B | 11.44B | 7.61B | Net Income Common Stockholders |
8.16B | 7.32B | 4.37B | 13.54B | 7.75B | 5.10B |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
180.06B | 113.53B | 114.31B | 118.21B | 121.97B | 95.24B | Total Assets |
1.47T | 1.41T | 1.29T | 1.14T | 988.17B | 949.26B | Total Debt |
274.34B | 262.44B | 248.74B | 222.64B | 189.81B | 187.01B | Net Debt |
194.54B | 193.70B | 166.69B | 129.44B | 88.24B | 120.57B | Total Liabilities |
1.38T | 1.33T | 1.22T | 1.07T | 930.65B | 892.67B | Stockholders Equity |
87.56B | 84.25B | 77.01B | 71.04B | 57.52B | 56.59B |
Cash Flow | Free Cash Flow | ||||
16.02B | 27.47B | 7.91B | 3.51B | 43.07B | 49.80B | Operating Cash Flow |
17.57B | 29.03B | 9.59B | 4.96B | 44.05B | 50.84B | Investing Cash Flow |
-31.52B | -24.53B | -21.16B | -29.47B | -299.00M | -31.97B | Financing Cash Flow |
7.31B | -17.41B | 268.00M | 15.98B | -5.12B | -10.30B |
BMO Financial Group reported strong financial results for the first quarter of 2025, with a significant increase in net income and earnings per share compared to the previous year. The company demonstrated positive operating leverage across its operating groups, supported by broad-based revenue growth and a decline in provisions for credit losses. BMO also announced a 5% increase in its quarterly dividend and initiated a share buyback program, reflecting its solid financial position and commitment to returning value to shareholders.
Bank of Montreal has announced that its Board of Directors declared a quarterly dividend of $1.59 per share on its common shares for the second quarter of fiscal year 2025, maintaining the same level as the previous quarter. Additionally, dividends were declared on several series of Class B Preferred Shares. These dividends are designated as ‘eligible’ for Canadian tax purposes, and shareholders have the option to reinvest their dividends through the bank’s Shareholder Dividend Reinvestment and Share Purchase Plan. This announcement reflects BMO’s stable financial performance and commitment to providing consistent returns to its shareholders.
Bank of Montreal has received regulatory approval to initiate a normal course issuer bid, allowing the bank to repurchase up to 20 million of its common shares, which constitute approximately 2.7% of its public float. This move is part of the bank’s strategic capital management efforts, aiming to optimize its capital structure and deliver value to shareholders, reflecting the bank’s robust market position and financial stability.
Bank of Montreal has initiated an automatic securities purchase plan with BMO Nesbitt Burns Inc. to repurchase up to 20 million of its common shares as part of its normal course issuer bid, after receiving necessary regulatory approvals. This move aims to optimize its capital structure and demonstrate confidence in its financial stability, with decisions on the number and timing of share repurchases being influenced by market conditions.