Bank of Montreal Balance Sheet Health
Financial Health criteria checks 5/6
Bank of Montreal has total assets of CA$1,400.5B and total equity of CA$83.0B. Total deposits are CA$965.2B, and total loans are CA$673.2B earning a Net Interest Margin of 1.6%. It has insufficient allowance for bad loans, which are currently at 0.9% of total loans. Cash and short-term investments are CA$401.2B.
Key information
16.9x
Asset to equity ratio
1.6%
Net interest margin
Total deposits | CA$965.24b |
Loan to deposit ratio | Appropriate |
Bad loans | 0.9% |
Allowance for bad loans | Low |
Current ratio | Low |
Cash & equivalents | CA$401.18b |
Recent financial health updates
No updates
Recent updates
Bank of Montreal (TSE:BMO) Will Pay A Dividend Of CA$1.55
Oct 08Bank of Montreal's (TSE:BMO) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 22Bank of Montreal (TSE:BMO) Will Pay A Larger Dividend Than Last Year At CA$1.55
Jun 19Bank of Montreal (TSE:BMO) Is Increasing Its Dividend To CA$1.55
Jun 01Bank of Montreal's (TSE:BMO) Dividend Will Be Increased To CA$1.51
Jan 21Bank of Montreal (TSE:BMO) Has Announced That It Will Be Increasing Its Dividend To CA$1.51
Dec 05Bank of Montreal (TSE:BMO) Will Pay A Larger Dividend Than Last Year At CA$1.47
Jul 20Bank of Montreal (TSE:BMO) Is Increasing Its Dividend To CA$1.47
Jul 06Should You Be Adding Bank of Montreal (TSE:BMO) To Your Watchlist Today?
Apr 30Bank of Montreal's (TSE:BMO) Upcoming Dividend Will Be Larger Than Last Year's
Mar 03Bank of Montreal's (TSE:BMO) Upcoming Dividend Will Be Larger Than Last Year's
Jan 10Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: BMO's Assets to Equity ratio (16.9x) is moderate.
Allowance for Bad Loans: BMO has a low allowance for bad loans (71%).
Low Risk Liabilities: 73% of BMO's liabilities are made up of primarily low risk sources of funding.
Loan Level: BMO has an appropriate level of Loans to Assets ratio (48%).
Low Risk Deposits: BMO's Loans to Deposits ratio (70%) is appropriate.
Level of Bad Loans: BMO has an appropriate level of bad loans (0.9%).