Bank Of Montreal (AIQU) Research & Development (2009 - 2026)
Bank Of Montreal's (AIQU) quarterly Research & Development came in at $61.7 million in Q3 2026, up 3.35% year-over-year from $59.7 million in Q3 2025, and down 0.53% quarter-over-quarter from $62.0 million in Q2 2026.
Analysis
Bank Of Montreal (AIQU) Research & Development (2009 - 2026) Analysis & Trends
Bank Of Montreal (AIQU) has reported Research & Development for 17 consecutive years, with $61.7 million the latest figure, recorded in Q3 2026.
- On a quarterly basis, Research & Development rose 3.35% year-over-year to $61.7 million in Q3 2026; TTM through Jul 2026 was $239.0 million, a 5.23% decrease from a year earlier, with the FY2025 full-year figure at $246.5 million, down 13.54% from the prior year.
- Research & Development was $61.7 million for Q3 2026 at Bank Of Montreal, down from $62.0 million in the prior quarter.
- Over five years, Research & Development peaked at $79.6 million in Q4 2023 and troughed at $50.6 million in Q1 2022.
- A 5-year average of $63.1 million and a median of $61.7 million in 2026 frame the typical range for Research & Development.
- Across the five-year window, Research & Development surged 46.93% in 2023 and decreased 18.91% in 2025, its largest moves.
- Over 5 years, Research & Development stood at $54.2 million in 2022, then soared by 46.93% to $79.6 million in 2023, then fell by 18.17% to $65.2 million in 2024, then declined by 12.62% to $56.9 million in 2025, then rose by 8.31% to $61.7 million in 2026.
- The last three Research & Development figures came in at $61.7 million (Q3 2026), $62.0 million (Q2 2026), and $58.4 million (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of America | 439.96 Bn | -148.54 Bn | 30.39 Bn | 1.92 Bn |
| 2 | Morgan Stanley | 342.23 Bn | 182.09 Bn | - | 1.20 Bn |
| 3 | Goldman Sachs | 302.60 Bn | -673.74 Bn | - | 635.00 Mn |
| 4 | Mitsubishi Ufj Financial | 296.69 Bn | -87.63 Bn | 10.89 Bn | - |
| 5 | Royal Bank Of Canada | 295.00 Bn | 68.16 Bn | - | 284.73 Mn |
| 6 | Wells Fargo & Company | 272.35 Bn | 70.52 Bn | - | - |
| 7 | American Express | 220.11 Bn | 170.79 Bn | 17.99 Bn | 1.76 Bn |
| 8 | Banco Santander | 218.87 Bn | 226.49 Bn | 28.01 Bn | - |
| 9 | Toronto Dominion Bank | 205.51 Bn | 44.18 Bn | - | - |
| 10 | Bank Of Montreal | 25.88 Mn | -199.97 Bn | - | 61.68 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 61.68 Mn |
| Apr 30, 2026 | 62.01 Mn |
| Jan 31, 2026 | 58.37 Mn |
| Oct 31, 2025 | 56.95 Mn |
| Jul 31, 2025 | 59.68 Mn |
| Apr 30, 2025 | 66.76 Mn |
| Jan 31, 2025 | 60.58 Mn |
| Oct 31, 2024 | 65.17 Mn |
| Jul 31, 2024 | 71.57 Mn |
| Apr 30, 2024 | 73.75 Mn |
| Jan 31, 2024 | 74.71 Mn |
| Oct 31, 2023 | 79.65 Mn |
| Jul 31, 2023 | 71.17 Mn |
| Apr 30, 2023 | 66.51 Mn |
| Jan 31, 2023 | 54.86 Mn |
| Oct 31, 2022 | 54.21 Mn |
| Jul 31, 2022 | 52.09 Mn |
| Apr 30, 2022 | 59.22 Mn |
| Jan 31, 2022 | 50.57 Mn |
| Oct 31, 2021 | 51.70 Mn |