Bank Of Montreal (BMO) Tax Rate (2010 - 2026)
Bank Of Montreal (BMO) posted Tax Rate of 23.93% for fiscal Q3 2026 (quarter ended Jun 30, 2026), up 0.24 percentage points from 23.69% a year earlier.
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Analysis
Bank Of Montreal (BMO) Tax Rate (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Bank Of Montreal was 24.53%, up 0.52 percentage points year-over-year; for FY2025 (ended Oct 31, 2025), it came in at 24.46%, up 1.30 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of +43.76 percentage points (FY2020 to FY2025).
- In prior fiscal years, Bank Of Montreal's Tax Rate was 23.16% in FY2024 (-2.23 pp), 25.39% in FY2023 (+1.08 pp), 24.32% in FY2022 (-0.10 pp) and 24.41% in FY2021 (+43.71 pp).
- Quarterly Tax Rate has run from a low of 18.66% in fiscal Q2 2023 to a high of 73.40% in fiscal Q1 2023 over five years.
- On a year-over-year basis, Tax Rate has increased in each of the last four quarters, with an average year-over-year change of +1.05 percentage points over the last seven quarters.
- The strongest year-over-year quarter for Tax Rate in the past five years was fiscal Q1 2023, with a gain of 48.70 percentage points; the weakest was fiscal Q1 2024, with a drop of 51.42 percentage points.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 895.36 Bn | 924.83 Bn | - | 23.12% |
| 2 | Banco Santander Chile | 425.01 Bn | 544.95 Bn | - | - |
| 3 | Bank Of America | 389.22 Bn | -1,986.85 Bn | - | 21.54% |
| 4 | Hsbc Holdings | 347.56 Bn | 347.61 Bn | - | - |
| 5 | Morgan Stanley | 304.44 Bn | -204.66 Bn | - | 23.07% |
| 6 | Royal Bank Of Canada | 281.54 Bn | 132.29 Bn | - | 22.26% |
| 7 | Mitsubishi Ufj Financial | 277.23 Bn | -1,311.26 Bn | 10.89 Bn | 16.66% |
| 8 | Goldman Sachs | 267.12 Bn | -3,289.99 Bn | - | 22.60% |
| 9 | Wells Fargo & Company | 244.76 Bn | 246.90 Bn | - | 17.42% |
| 10 | Bank Of Montreal | 242.70 Mn | 242.70 Mn | - | 23.93% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.93% |
| Apr 30, 2026 | 24.81% |
| Jan 31, 2026 | 25.14% |
| Oct 31, 2025 | 24.26% |
| Jun 30, 2025 | 23.69% |
| Apr 30, 2025 | 24.71% |
| Jan 31, 2025 | 24.40% |
| Oct 31, 2024 | 23.38% |
| Jul 31, 2024 | 23.78% |
| Apr 30, 2024 | 23.05% |
| Jan 31, 2024 | 21.98% |
| Oct 31, 2023 | 22.06% |
| Jul 31, 2023 | 21.28% |
| Apr 30, 2023 | 18.66% |
| Jan 31, 2023 | 73.40% |
| Oct 31, 2022 | 24.49% |
| Jul 31, 2022 | 19.28% |
| Apr 30, 2022 | 25.26% |
| Jan 31, 2022 | 24.70% |
| Oct 31, 2021 | 22.87% |
API Access
Bank Of Montreal Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=BMO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "BMO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=BMO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();