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: Decent Dividend Yield, But Canada's Recession Fears Linger
Aug 15Bank of Montreal: Decline In Net Interest Income Continues To Place Pressure On Earnings
May 30Bank of Montreal: What Can We Expect?
May 24Bank Of Montreal Q1: Higher Provision For Credit Losses And Rate Uncertainty Could Limit Growth
Feb 28Bank of Montreal: Upgrade To Buy, +5% Dividend Yield And Attractive Valuation
Dec 04Bank of Montreal: Drop In Trading Revenues Place Pressure On Growth
Oct 14Bank of Montreal's 5% Yield: Value Opportunity?
Sep 29Bank of Montreal: Its Direction Shows Promise
Aug 31Bank of Montreal: Overvalued But Nice 4.5% Dividend Yield And Growth From Recent Takeover
Aug 02Bank of Montreal: Non-Interest Income Headwinds Remain
May 28Bank of Montreal implements fourth wage increase in two years
Feb 06Bank of Montreal announces C$650M institutional NVCC preferred stock offering
Jan 24Bank of Montreal gets regulatory approval to acquire Bank of the West
Jan 18Financial 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%).