Bank Of Montreal (BMO) Research & Development (2009 - 2026)
Bank Of Montreal (BMO) reported Research & Development of $58.4 million for Q1 2026, down 3.66% year-over-year from $60.6 million in Q1 2025, and up 2.49% quarter-over-quarter from $56.9 million in Q4 2025.
Bank Of Montreal (BMO) Research & Development (2009 - 2026) Analysis & Trends
Bank Of Montreal (BMO) has 18 years of Research & Development data on file, last reported at $58.4 million in Q1 2026.
- Research & Development for Q1 2026 came in at $58.4 million, down 3.66% year-over-year; the trailing twelve-month figure through Jan 2026 was $241.8 million (down 10.82% YoY), and the FY2025 annual result was $246.5 million, down 13.23% from the prior year.
- Research & Development grew to $58.4 million in Q1 2026 per BMO's latest filing, from $56.9 million in the prior quarter.
- Over five years, Research & Development peaked at $79.6 million in Q4 2023 and troughed at $50.6 million in Q1 2022.
- A 5-year average of $63.3 million and a median of $60.6 million in 2025 frame the typical range for Research & Development.
- The sharpest annual moves came in 2023 and 2025: Research & Development soared 46.93% in 2023, then slipped 18.91% in 2025.
- A 5-year view of Research & Development shows it stood at $54.2 million in 2022, then jumped by 46.93% to $79.6 million in 2023, then retreated by 18.17% to $65.2 million in 2024, then fell by 12.62% to $56.9 million in 2025, then increased by 2.49% to $58.4 million in 2026.
- Business Quant data shows BMO's Research & Development at $58.4 million in Q1 2026, $56.9 million in Q4 2025, and $59.7 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,329,940,501.22 Bn | 1,329,940,501.43 Bn | - | 75.14 Mn |
| 2 | Hsbc Holdings | 37,228.00 Bn | 37,228.45 Bn | - | - |
| 3 | Royal Bank Of Canada | 2,913.28 Bn | 2,841.72 Bn | - | 255.80 Mn |
| 4 | Toronto Dominion Bank | 959.65 Bn | 952.85 Bn | - | - |
| 5 | Bank Of Montreal | 416.15 Bn | 416.15 Bn | - | 58.37 Mn |
| 6 | Bank Of America | 390.60 Bn | -216.10 Bn | 29.24 Bn | 2.02 Bn |
| 7 | Barclays | 379.37 Bn | -269.24 Bn | - | - |
| 8 | Mitsubishi Ufj Financial | 271.88 Bn | -414.40 Bn | 3.81 Bn | - |
| 9 | Wells Fargo & Company | 252.38 Bn | 177.30 Bn | - | - |
| 10 | Bank Of Montreal | - | - | - | 58.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 58.37 Mn |
| Oct 31, 2025 | 56.95 Mn |
| Jul 31, 2025 | 59.68 Mn |
| Apr 30, 2025 | 66.76 Mn |
| Jan 31, 2025 | 60.58 Mn |
| Oct 31, 2024 | 65.17 Mn |
| Jul 31, 2024 | 71.57 Mn |
| Apr 30, 2024 | 73.75 Mn |
| Jan 31, 2024 | 74.71 Mn |
| Oct 31, 2023 | 79.65 Mn |
| Jul 31, 2023 | 71.17 Mn |
| Apr 30, 2023 | 66.51 Mn |
| Jan 31, 2023 | 54.86 Mn |
| Oct 31, 2022 | 54.21 Mn |
| Jul 31, 2022 | 52.09 Mn |
| Apr 30, 2022 | 59.22 Mn |
| Jan 31, 2022 | 50.57 Mn |
| Oct 31, 2021 | 51.70 Mn |
| Jul 31, 2021 | 51.28 Mn |
| Apr 30, 2021 | 57.19 Mn |