Bank Of Montreal (BMO) Tax Provisions (2009 - 2026)

Bank Of Montreal (BMO) reported Tax Provisions of $602.4 million for Q1 2026, up 23.94% year-over-year from $486.1 million in Q1 2025, and up 13.69% quarter-over-quarter from $529.8 million in Q4 2025.

Bank Of Montreal (BMO) Tax Provisions (2009 - 2026) Analysis & Trends

Bank Of Montreal (BMO) has 18 years of Tax Provisions data on file, last reported at $602.4 million in Q1 2026.

  • Tax Provisions for Q1 2026 came in at $602.4 million, up 23.94% year-over-year; the trailing twelve-month figure through Jan 2026 was $2.1 billion (up 16.15% YoY), and the FY2025 annual result was $2.0 billion, up 25.95% from the prior year.
  • Tax Provisions rose to $602.4 million in Q1 2026 per BMO's latest filing, from $529.8 million in the prior quarter.
  • Over five years, Tax Provisions peaked at $1.3 billion in Q2 2022 and troughed at $174.4 million in Q2 2023.
  • A 5-year average of $514.1 million and a median of $452.6 million in 2025 frame the typical range for Tax Provisions.
  • The sharpest annual moves came in 2022 and 2023: Tax Provisions jumped 172.13% in 2022, then slumped 86.25% in 2023.
  • A 5-year view of Tax Provisions shows it stood at $1.1 billion in 2022, then slumped by 67.39% to $356.9 million in 2023, then soared by 44.22% to $514.8 million in 2024, then advanced by 2.92% to $529.8 million in 2025, then climbed by 13.69% to $602.4 million in 2026.
  • Business Quant data shows BMO's Tax Provisions at $602.4 million in Q1 2026, $529.8 million in Q4 2025, and $550.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Canadian Imperial Bank Of Commerce 1,329,940,501.22 Bn 1,329,940,501.43 Bn - 537.65 Mn
2 Hsbc Holdings 37,228.00 Bn 37,228.45 Bn - -1.98 Bn
3 Royal Bank Of Canada 2,913.28 Bn 2,841.72 Bn - 1.17 Bn
4 Toronto Dominion Bank 959.65 Bn 952.85 Bn - 565.37 Mn
5 Bank Of Montreal 416.15 Bn 416.15 Bn - 602.40 Mn
6 Bank Of America 390.60 Bn -216.10 Bn 29.24 Bn 1.82 Bn
7 Barclays 379.37 Bn -269.24 Bn - -860.14 Mn
8 Mitsubishi Ufj Financial 271.88 Bn -414.40 Bn 3.81 Bn 571.72 Mn
9 Wells Fargo & Company 252.38 Bn 177.30 Bn - 691.00 Mn
10 Bank Of Montreal - - - 602.40 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 602.40 Mn
Oct 31, 2025 529.85 Mn
Jul 31, 2025 550.21 Mn
Apr 30, 2025 452.56 Mn
Jan 31, 2025 486.05 Mn
Oct 31, 2024 514.80 Mn
Jul 31, 2024 425.04 Mn
Apr 30, 2024 412.27 Mn
Jan 31, 2024 269.26 Mn
Oct 31, 2023 356.95 Mn
Jul 31, 2023 316.91 Mn
Apr 30, 2023 174.42 Mn
Jan 31, 2023 272.09 Mn
Oct 31, 2022 1.09 Bn
Jul 31, 2022 253.47 Mn
Apr 30, 2022 1.27 Bn
Jan 31, 2022 760.06 Mn
Oct 31, 2021 509.08 Mn
Jul 31, 2021 560.83 Mn
Apr 30, 2021 466.25 Mn