Bank Of Montreal (AIQD) Tax Rate (2009 - 2026)
Bank Of Montreal's (AIQD) quarterly Tax Rate came in at 29.89% in Q3 2026, up 539.0% year-over-year from 4.68% in Q3 2025, and up 20.45% quarter-over-quarter from 24.81% in Q2 2026.
Analysis
Bank Of Montreal (AIQD) Tax Rate (2009 - 2026) Analysis & Trends
Bank Of Montreal (AIQD) has reported Tax Rate for 18 consecutive years, with 29.89% the latest figure, recorded in Q3 2026.
- On a quarterly basis, Tax Rate rose 539.0% year-over-year to 29.89% in Q3 2026; TTM through Jul 2026 was 25.78%, a 156.0% increase from a year earlier, with the FY2025 full-year figure at 24.46%, up 130.0% from the prior year.
- Tax Rate was 29.89% for Q3 2026 at Bank Of Montreal, up from 24.81% in the prior quarter.
- Over five years, Tax Rate peaked at 73.4% in Q1 2023 and troughed at 18.66% in Q2 2023.
- A 5-year average of 26.26% and a median of 24.4% in 2025 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate jumped 4870 bps in 2023 and sank 5142 bps in 2024, its largest moves.
- Over 5 years, Tax Rate stood at 24.49% in 2022, then declined by 10 bps to 22.06% in 2023, then increased by 6 bps to 23.38% in 2024, then rose by 4 bps to 24.26% in 2025, then grew by 23 bps to 29.89% in 2026.
- The last three Tax Rate figures came in at 29.89% (Q3 2026), 24.81% (Q2 2026), and 25.14% (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 2,145.36 Bn | 1,556.87 Bn | 30.39 Bn | 21.54% |
| 2 | Morgan Stanley | 334.95 Bn | 174.81 Bn | - | 23.07% |
| 3 | Goldman Sachs | 309.23 Bn | -667.12 Bn | - | 22.60% |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | 24.29% |
| 5 | Royal Bank Of Canada | 291.71 Bn | 64.82 Bn | - | 22.26% |
| 6 | Wells Fargo & Company | 273.40 Bn | 69.43 Bn | - | 17.42% |
| 7 | American Express | 218.74 Bn | 169.42 Bn | 17.99 Bn | 23.61% |
| 8 | Banco Santander | 214.76 Bn | 222.37 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 205.84 Bn | 44.51 Bn | - | -38.63% |
| 10 | Bank Of Montreal | 69.82 Mn | -199.96 Bn | - | 29.89% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 29.89% |
| Apr 30, 2026 | 24.81% |
| Jan 31, 2026 | 25.14% |
| Oct 31, 2025 | 24.26% |
| Jul 31, 2025 | 24.50% |
| Apr 30, 2025 | 24.71% |
| Jan 31, 2025 | 24.40% |
| Oct 31, 2024 | 23.38% |
| Jul 31, 2024 | 23.78% |
| Apr 30, 2024 | 23.05% |
| Jan 31, 2024 | 21.98% |
| Oct 31, 2023 | 22.06% |
| Jul 31, 2023 | 21.28% |
| Apr 30, 2023 | 18.66% |
| Jan 31, 2023 | 73.40% |
| Oct 31, 2022 | 24.49% |
| Jul 31, 2022 | 19.28% |
| Apr 30, 2022 | 25.26% |
| Jan 31, 2022 | 24.70% |
| Oct 31, 2021 | 22.87% |