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| 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 |