Bank Of Montreal (BMO) Tax Rate (2009 - 2026)
Bank Of Montreal (BMO) reported Tax Rate of 25.14% for Q1 2026, up 74.0% year-over-year from 14.45% in Q1 2025, and up 3.65% quarter-over-quarter from 24.26% in Q4 2025.
Bank Of Montreal (BMO) Tax Rate (2009 - 2026) Analysis & Trends
Bank Of Montreal (BMO) has 18 years of Tax Rate data on file, last reported at 25.14% in Q1 2026.
- Tax Rate for Q1 2026 came in at 25.14%, up 74.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 24.66% (up 100.0% YoY), and the FY2025 annual result was 24.46%, up 130.0% from the prior year.
- Tax Rate rose to 25.14% in Q1 2026 per BMO's latest filing, from 24.26% in the prior quarter.
- Over five years, Tax Rate peaked at 73.4% in Q1 2023 and troughed at 18.66% in Q2 2023.
- A 5-year average of 26.14% and a median of 24.26% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2023 and 2024: Tax Rate surged 4870 bps in 2023, then plunged 5142 bps in 2024.
- 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.
- Business Quant data shows BMO's Tax Rate at 25.14% in Q1 2026, 24.26% in Q4 2025, and 24.5% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,329,940,501.22 Bn | 1,329,940,501.43 Bn | - | 23.02% |
| 2 | Hsbc Holdings | 37,228.00 Bn | 37,228.45 Bn | - | -21.14% |
| 3 | Royal Bank Of Canada | 2,913.28 Bn | 2,841.72 Bn | - | 21.90% |
| 4 | Toronto Dominion Bank | 959.65 Bn | 952.85 Bn | - | - |
| 5 | Bank Of Montreal | 416.15 Bn | 416.15 Bn | - | 25.14% |
| 6 | Bank Of America | 390.60 Bn | -216.10 Bn | 29.24 Bn | 17.49% |
| 7 | Barclays | 379.37 Bn | -269.24 Bn | - | -22.67% |
| 8 | Mitsubishi Ufj Financial | 271.88 Bn | -414.40 Bn | 3.81 Bn | 26.08% |
| 9 | Wells Fargo & Company | 252.38 Bn | 177.30 Bn | - | 11.55% |
| 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% |