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
DateValue
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