Bank Of Montreal (BMO) Operating Expenses (2009 - 2026)

Bank Of Montreal (BMO) reported Operating Expenses of $4.1 billion for Q1 2026, up 8.44% year-over-year from $3.8 billion in Q1 2025, and up 3.5% quarter-over-quarter from $4.0 billion in Q4 2025.

Bank Of Montreal (BMO) Operating Expenses (2009 - 2026) Analysis & Trends

Bank Of Montreal (BMO) has 18 years of Operating Expenses data on file, last reported at $4.1 billion in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $4.1 billion, up 8.44% year-over-year; the trailing twelve-month figure through Jan 2026 was $15.4 billion (up 8.62% YoY), and the FY2025 annual result was $15.2 billion, up 6.56% from the prior year.
  • Operating Expenses climbed to $4.1 billion in Q1 2026 per BMO's latest filing, from $4.0 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $4.2 billion in Q4 2023 and troughed at $2.9 billion in Q2 2022.
  • A 5-year average of $3.6 billion and a median of $3.6 billion in 2022 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2023 and 2024: Operating Expenses surged 39.13% in 2023, then decreased 22.6% in 2024.
  • 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.
  • Business Quant data shows BMO's Operating Expenses at $4.1 billion in Q1 2026, $4.0 billion in Q4 2025, and $3.7 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Canadian Imperial Bank Of Commerce 1,329,940,501.22 Bn 1,329,940,501.43 Bn - 3.06 Bn
2 Hsbc Holdings 37,228.00 Bn 37,228.45 Bn - 609.00 Mn
3 Royal Bank Of Canada 2,913.28 Bn 2,841.72 Bn - 6.82 Bn
4 Toronto Dominion Bank 959.65 Bn 952.85 Bn - 6.11 Bn
5 Bank Of Montreal 416.15 Bn 416.15 Bn - 4.15 Bn
6 Bank Of America 390.60 Bn -216.10 Bn 29.24 Bn 18.53 Bn
7 Barclays 379.37 Bn -269.24 Bn - -6.13 Bn
8 Mitsubishi Ufj Financial 271.88 Bn -414.40 Bn 3.81 Bn -12.60 Bn
9 Wells Fargo & Company 252.38 Bn 177.30 Bn - 14.33 Bn
10 Bank Of Montreal - - - 4.15 Bn

Historic Data

Download Data
DateValue
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