Bank Of Montreal (BMO) Tax Rate (2009 - 2026)
Bank Of Montreal (BMO) posted quarterly Tax Rate of 25.14% for Q1 2026, up 74.0% YoY from 14.45% in Q1 2025, and up 3.65% sequentially from 24.26% in Q4 2025.
Bank Of Montreal (BMO) Tax Rate (2009 - 2026) Analysis & Trends
Bank Of Montreal has disclosed Tax Rate across 18 years of filings, most recently posting 25.14% for Q1 2026.
- In Q1 2026, Tax Rate rose 74.0% year-over-year to 25.14%; the TTM figure through Jan 2026 stood at 24.66% (up 100.0% YoY), while the FY2025 annual figure was 24.46%, up 130.0% from the prior year.
- Tax Rate advanced to 25.14% in Q1 2026, from 24.26% in the prior quarter.
- Over the last five years, Tax Rate for BMO reached as high as 73.4% in Q1 2023 and fell as low as 18.66% in Q2 2023.
- The 5-year median for Tax Rate is 24.26% (2025), against an average of 26.14%.
- Annual changes were most pronounced in 2023 — Tax Rate surged 4870 bps — and 2024, when it slumped 5142 bps.
- A 5-year view of Tax Rate shows it stood at 24.49% in 2022, then fell by 10 bps to 22.06% in 2023, then rose by 6 bps to 23.38% in 2024, then gained by 4 bps to 24.26% in 2025, then rose by 4 bps to 25.14% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 25.14%, 24.26%, and 24.5% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Hsbc Holdings | 1,641.64 Bn | 1,642.09 Bn | - | -21.14% |
| 2 | Bank Of America | 423.61 Bn | -183.09 Bn | 29.24 Bn | 17.49% |
| 3 | Wells Fargo & Company | 264.70 Bn | 189.62 Bn | - | 11.55% |
| 4 | Citigroup | 256.70 Bn | -1,928.30 Bn | 19.85 Bn | 33.80% |
| 5 | UBS Group AG | 156.73 Bn | 156.73 Bn | - | - |
| 6 | Bank of New York Mellon | 100.92 Bn | 44.00 Bn | - | 19.15% |
| 7 | Jpmorgan Chase | 93.06 Bn | 120.14 Bn | - | 19.46% |
| 8 | Sumitomo Mitsui Financial | 92.45 Bn | 93.39 Bn | - | 41.80% |
| 9 | Bank of N.T. Butterfield & Son | 2.40 Bn | -454.67 Mn | 152.73 Mn | -2.11% |
| 10 | Bank Of Montreal | - | - | - | 25.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 25.14% |
| Jan 31, 2026 | 25.14% |
| Oct 31, 2025 | 24.26% |
| Oct 31, 2025 | 24.26% |
| Jul 31, 2025 | 24.50% |
| Jul 31, 2025 | 24.50% |
| Apr 30, 2025 | 24.71% |
| Apr 30, 2025 | 24.71% |
| Jan 31, 2025 | 24.40% |
| Jan 31, 2025 | 24.40% |
| Oct 31, 2024 | 23.38% |
| Oct 31, 2024 | 23.38% |
| Jul 31, 2024 | 23.78% |
| Jul 31, 2024 | 23.78% |
| Apr 30, 2024 | 23.05% |
| Apr 30, 2024 | 23.05% |
| Jan 31, 2024 | 21.98% |
| Jan 31, 2024 | 21.98% |
| Oct 31, 2023 | 22.06% |
| Oct 31, 2023 | 22.06% |