Bank Of Montreal (BMO) Current Taxes (2011 - 2023)

Bank Of Montreal (BMO) reported Current Taxes of $148.3 million for Q1 2023, down 2.25% year-over-year from $151.7 million in Q1 2022, and down 53.66% quarter-over-quarter from $320.0 million in Q4 2022.

Bank Of Montreal (BMO) Current Taxes (2011 - 2023) Analysis & Trends

Bank Of Montreal (BMO) has 13 years of Current Taxes data on file, last reported at $148.3 million in Q1 2023.

  • Current Taxes for Q1 2023 came in at $148.3 million, down 2.25% year-over-year; the trailing twelve-month figure through Jan 2023 was $148.3 million (down 2.25% YoY), and the FY2022 annual result was $330.4 million, up 88.0% from the prior year.
  • Current Taxes declined to $148.3 million in Q1 2023 per BMO's latest filing, from $320.0 million in the prior quarter.
  • Over five years, Current Taxes peaked at $320.0 million in Q4 2022 and troughed at $24.1 million in Q3 2019.
  • A 5-year average of $111.9 million and a median of $95.3 million in 2020 frame the typical range for Current Taxes.
  • The sharpest annual moves came in 2021 and 2022: Current Taxes soared 206.07% in 2021, then slumped 60.34% in 2022.
  • A 5-year view of Current Taxes shows it stood at $41.6 million in 2019, then soared by 129.27% to $95.3 million in 2020, then surged by 84.47% to $175.8 million in 2021, then surged by 82.02% to $320.0 million in 2022, then sank by 53.66% to $148.3 million in 2023.
  • Business Quant data shows BMO's Current Taxes at $148.3 million in Q1 2023, $320.0 million in Q4 2022, and $180.4 million in Q3 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 Canadian Imperial Bank Of Commerce 1,329,940,501.22 Bn 1,329,940,501.43 Bn - -
2 Hsbc Holdings 37,228.00 Bn 37,228.45 Bn - -
3 Royal Bank Of Canada 2,913.28 Bn 2,841.72 Bn - -
4 Toronto Dominion Bank 959.65 Bn 952.85 Bn - 157.57 Mn
5 Bank Of Montreal 416.15 Bn 416.15 Bn - -
6 Bank Of America 390.60 Bn -216.10 Bn 29.24 Bn -
7 Barclays 379.37 Bn -269.24 Bn - 1.57 Bn
8 Mitsubishi Ufj Financial 271.88 Bn -414.40 Bn 3.81 Bn 565.84 Mn
9 Wells Fargo & Company 252.38 Bn 177.30 Bn - -
10 Bank Of Montreal - - - -

Historic Data

Download Data
DateValue
Jan 31, 2023 148.28 Mn
Oct 31, 2022 319.98 Mn
Jul 31, 2022 180.39 Mn
Apr 30, 2022 60.80 Mn
Jan 31, 2022 151.70 Mn
Oct 31, 2021 175.79 Mn
Jul 31, 2021 125.35 Mn
Apr 30, 2021 153.30 Mn
Jan 31, 2021 152.35 Mn
Oct 31, 2020 95.30 Mn
Jul 31, 2020 40.96 Mn
Apr 30, 2020 64.05 Mn
Jan 31, 2020 72.96 Mn
Oct 31, 2019 41.57 Mn
Jul 31, 2019 24.09 Mn
Apr 30, 2019 31.56 Mn
Jan 31, 2019 63.11 Mn
Oct 31, 2018 38.39 Mn
Apr 30, 2018 36.92 Mn
Jan 31, 2018 41.09 Mn