Bank Of Montreal (BMO) Rent Expense (2009 - 2026)
Bank Of Montreal (BMO) posted quarterly Rent Expense of $821.4 million for Q1 2026, up 7.38% YoY from $765.0 million in Q1 2025, and down 6.21% sequentially from $875.9 million in Q4 2025.
Bank Of Montreal (BMO) Rent Expense (2009 - 2026) Analysis & Trends
Bank Of Montreal has disclosed Rent Expense across 18 years of filings, most recently posting $821.4 million for Q1 2026.
- In Q1 2026, Rent Expense rose 7.38% year-over-year to $821.4 million; the TTM figure through Jan 2026 stood at $3.2 billion (up 5.83% YoY), while the FY2025 annual figure was $3.2 billion, up 5.47% from the prior year.
- Rent Expense fell to $821.4 million in Q1 2026, from $875.9 million in the prior quarter.
- Over the last five years, Rent Expense for BMO reached as high as $1.1 billion in Q4 2023 and fell as low as $654.2 million in Q1 2022.
- The 5-year median for Rent Expense is $765.0 million (2025), against an average of $792.4 million.
- Annual changes were most pronounced in 2023 — Rent Expense jumped 38.53% — and 2024, when it decreased 26.97%.
- A 5-year view of Rent Expense shows it stood at $782.3 million in 2022, then jumped by 36.14% to $1.1 billion in 2023, then declined by 26.97% to $777.7 million in 2024, then increased by 12.62% to $875.9 million in 2025, then declined by 6.21% to $821.4 million in 2026.
- According to Business Quant data, Rent Expense over the past three periods registered $821.4 million, $875.9 million, and $786.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hsbc Holdings | 1,641.64 Bn | 1,642.09 Bn | - | - |
| 2 | Bank Of America | 423.61 Bn | -183.09 Bn | 29.24 Bn | 1.90 Bn |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | 778.00 Mn |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | 681.00 Mn |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | 123.00 Mn |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | 1.45 Bn |
| 8 | Sumitomo Mitsui Financial | 92.45 Bn | 93.39 Bn | - | - |
| 9 | Bank of N.T. Butterfield & Son | 2.40 Bn | -454.67 Mn | 152.73 Mn | 7.67 Mn |
| 10 | Bank Of Montreal | - | - | - | 821.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 821.45 Mn |
| Jan 31, 2026 | 821.45 Mn |
| Oct 31, 2025 | 875.87 Mn |
| Oct 31, 2025 | 875.87 Mn |
| Jul 31, 2025 | 786.74 Mn |
| Jul 31, 2025 | 786.74 Mn |
| Apr 30, 2025 | 763.16 Mn |
| Apr 30, 2025 | 763.16 Mn |
| Jan 31, 2025 | 765.01 Mn |
| Jan 31, 2025 | 765.01 Mn |
| Oct 31, 2024 | 777.69 Mn |
| Oct 31, 2024 | 777.69 Mn |
| Jul 31, 2024 | 764.64 Mn |
| Jul 31, 2024 | 764.64 Mn |
| Apr 30, 2024 | 761.12 Mn |
| Apr 30, 2024 | 761.12 Mn |
| Jan 31, 2024 | 721.97 Mn |
| Jan 31, 2024 | 721.97 Mn |
| Oct 31, 2023 | 1.06 Bn |
| Oct 31, 2023 | 1.06 Bn |