Bank of Montreal Past Earnings Performance
Past criteria checks 2/6
Bank of Montreal has been growing earnings at an average annual rate of 5.8%, while the Banks industry saw earnings growing at 17.4% annually. Revenues have been growing at an average rate of 7.1% per year. Bank of Montreal's return on equity is 8%, and it has net margins of 20.1%.
Key information
5.8%
Earnings growth rate
3.6%
EPS growth rate
| Banks Industry Growth | 10.4% |
| Revenue growth rate | 7.1% |
| Return on equity | 8.0% |
| Net Margin | 20.1% |
| Next Earnings Update | 05 Dec 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Bank of Montreal makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Jul 24 | 31,413 | 6,301 | 17,872 | 0 |
| 30 Apr 24 | 31,687 | 6,009 | 18,463 | 0 |
| 31 Jan 24 | 31,184 | 5,189 | 19,121 | 0 |
| 31 Oct 23 | 29,021 | 4,034 | 18,723 | 0 |
| 31 Jul 23 | 29,536 | 6,922 | 17,434 | 0 |
| 30 Apr 23 | 27,932 | 6,718 | 16,016 | 0 |
| 31 Jan 23 | 30,423 | 10,523 | 14,508 | 0 |
| 31 Oct 22 | 33,381 | 13,306 | 14,013 | 0 |
| 31 Jul 22 | 29,722 | 11,000 | 13,537 | 0 |
| 30 Apr 22 | 31,374 | 11,896 | 13,335 | 0 |
| 31 Jan 22 | 28,080 | 8,427 | 13,249 | 0 |
| 31 Oct 21 | 27,059 | 7,510 | 12,986 | 0 |
| 31 Jul 21 | 25,944 | 6,942 | 12,712 | 0 |
| 30 Apr 21 | 25,079 | 5,887 | 12,489 | 0 |
| 31 Jan 21 | 22,654 | 5,289 | 12,305 | 0 |
| 31 Oct 20 | 22,233 | 4,850 | 12,334 | 0 |
| 31 Jul 20 | 22,513 | 4,460 | 12,741 | 0 |
| 30 Apr 20 | 22,130 | 4,799 | 12,778 | 0 |
| 31 Jan 20 | 24,629 | 5,611 | 12,880 | 0 |
| 31 Oct 19 | 24,611 | 5,547 | 12,287 | 0 |
| 31 Jul 19 | 24,495 | 6,059 | 12,009 | 0 |
| 30 Apr 19 | 23,743 | 6,048 | 11,845 | 0 |
| 31 Jan 19 | 23,126 | 5,799 | 11,738 | 0 |
| 31 Oct 18 | 22,243 | 5,269 | 11,549 | 0 |
| 31 Jul 18 | 21,978 | 4,794 | 11,704 | 0 |
| 30 Apr 18 | 21,703 | 4,645 | 11,671 | 0 |
| 31 Jan 18 | 21,773 | 4,650 | 11,449 | 0 |
| 31 Oct 17 | 21,361 | 5,153 | 11,315 | 0 |
| 31 Jul 17 | 21,165 | 5,295 | 11,422 | 0 |
| 30 Apr 17 | 21,208 | 5,162 | 11,253 | 0 |
| 31 Jan 17 | 20,618 | 4,895 | 11,318 | 0 |
| 31 Oct 16 | 20,316 | 4,472 | 11,196 | 0 |
| 31 Jul 16 | 20,022 | 4,338 | 11,057 | 0 |
| 30 Apr 16 | 19,312 | 4,295 | 10,984 | 0 |
| 31 Jan 16 | 18,777 | 4,319 | 10,855 | 0 |
| 31 Oct 15 | 18,777 | 4,253 | 10,693 | 0 |
| 31 Jul 15 | 18,393 | 4,097 | 10,507 | 0 |
| 30 Apr 15 | 18,332 | 4,017 | 10,329 | 0 |
| 31 Jan 15 | 18,174 | 4,090 | 9,866 | 0 |
| 31 Oct 14 | 17,662 | 4,157 | 9,564 | 0 |
| 31 Jul 14 | 17,141 | 4,169 | 9,320 | 0 |
| 30 Apr 14 | 16,460 | 4,164 | 9,118 | 0 |
| 31 Jan 14 | 16,002 | 4,045 | 9,085 | 0 |
| 31 Oct 13 | 16,243 | 4,010 | 8,970 | 0 |
Quality Earnings: BMO N has high quality earnings.
Growing Profit Margin: BMO N's current net profit margins (20.1%) are lower than last year (23.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: BMO N's earnings have grown by 5.8% per year over the past 5 years.
Accelerating Growth: BMO N's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: BMO N had negative earnings growth (-9%) over the past year, making it difficult to compare to the Banks industry average (15.7%).
Return on Equity
High ROE: BMO N's Return on Equity (8%) is considered low.