Bank Of Montreal AIQU
NYSE AIQU
$18.25 +0.06 (+0.33%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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