Bank Of Montreal (BMO) Operating Expenses (2009 - 2026)
Bank Of Montreal (BMO) posted quarterly Operating Expenses of $4.1 billion for Q1 2026, up 8.44% YoY from $3.8 billion in Q1 2025, and up 3.5% sequentially from $4.0 billion in Q4 2025.
Bank Of Montreal (BMO) Operating Expenses (2009 - 2026) Analysis & Trends
Bank Of Montreal has disclosed Operating Expenses across 18 years of filings, most recently posting $4.1 billion for Q1 2026.
- In Q1 2026, Operating Expenses rose 8.44% year-over-year to $4.1 billion; the TTM figure through Jan 2026 stood at $15.4 billion (up 8.62% YoY), while the FY2025 annual figure was $15.1 billion, up 5.2% from the prior year.
- Operating Expenses rose to $4.1 billion in Q1 2026, from $4.0 billion in the prior quarter.
- Over the last five years, Operating Expenses for BMO reached as high as $4.2 billion in Q4 2023 and fell as low as $2.9 billion in Q2 2022.
- The 5-year median for Operating Expenses is $3.6 billion (2022), against an average of $3.6 billion.
- Annual changes were most pronounced in 2023 — Operating Expenses surged 39.13% — and 2024, when it decreased 22.6%.
- A 5-year view of Operating Expenses shows it stood at $3.6 billion in 2022, then increased by 16.47% to $4.2 billion in 2023, then slipped by 22.6% to $3.2 billion in 2024, then advanced by 23.55% to $4.0 billion in 2025, then gained by 3.5% to $4.1 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $4.1 billion, $4.0 billion, and $3.7 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hsbc Holdings | 1,641.64 Bn | 1,642.09 Bn | - | 609.00 Mn |
| 2 | Bank Of America | 423.61 Bn | -183.09 Bn | 29.24 Bn | 18.53 Bn |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | 14.33 Bn |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | 13.84 Bn |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | 3.40 Bn |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | 26.85 Bn |
| 8 | Sumitomo Mitsui Financial | 92.45 Bn | 93.39 Bn | - | -19.18 Bn |
| 9 | Bank of N.T. Butterfield & Son | 2.40 Bn | -454.67 Mn | 152.73 Mn | 90.51 Mn |
| 10 | Bank Of Montreal | - | - | - | 4.15 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 4.15 Bn |
| Oct 31, 2025 | 4.01 Bn |
| Jul 31, 2025 | 3.72 Bn |
| Apr 30, 2025 | 3.53 Bn |
| Jan 31, 2025 | 3.82 Bn |
| Oct 31, 2024 | 3.24 Bn |
| Jul 31, 2024 | 3.53 Bn |
| Apr 30, 2024 | 3.57 Bn |
| Jan 31, 2024 | 3.99 Bn |
| Oct 31, 2023 | 4.19 Bn |
| Jul 31, 2023 | 4.17 Bn |
| Apr 30, 2023 | 4.07 Bn |
| Jan 31, 2023 | 3.25 Bn |
| Oct 31, 2022 | 3.60 Bn |
| Jul 31, 2022 | 3.00 Bn |
| Apr 30, 2022 | 2.93 Bn |
| Jan 31, 2022 | 3.04 Bn |
| Oct 31, 2021 | 3.03 Bn |
| Jul 31, 2021 | 3.00 Bn |
| Apr 30, 2021 | 3.50 Bn |