Bank Of Montreal (DULL) Operating Expenses (2009 - 2026)

Bank Of Montreal (DULL) posted Operating Expenses of $4.1 billion for Q1 2026, up 3.5% on a QoQ basis from $4.0 billion in Q4 2025, and up 8.44% year-over-year from $3.8 billion in Q1 2025.

Bank Of Montreal (DULL) has 18 years of Operating Expenses data on file, last reported at $4.1 billion in Q1 2026.

  • In Q1 2026, Operating Expenses rose 8.44% year-over-year to $4.1 billion; the TTM figure through Jan 2026 stood at $15.4 billion (up 8.62% YoY), while the FY2025 annual figure was $15.2 billion, up 6.56% from the prior year.
  • Operating Expenses grew to $4.1 billion in Q1 2026, from $4.0 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $4.2 billion in Q4 2023 and bottomed at $2.9 billion in Q2 2022.
  • A 5-year average of $3.6 billion and a median of $3.6 billion in 2022 frame the typical range for Operating Expenses.
  • Annual changes were most pronounced in 2023 — Operating Expenses jumped 39.13% — and 2024, when it retreated 22.6%.
  • Year by year, Operating Expenses stood at $3.6 billion in 2022, then gained by 16.47% to $4.2 billion in 2023, then declined by 22.6% to $3.2 billion in 2024, then grew by 23.55% to $4.0 billion in 2025, then climbed by 3.5% to $4.1 billion in 2026.
  • The last three Operating Expenses figures came in at $4.1 billion (Q1 2026), $4.0 billion (Q4 2025), and $3.7 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Canadian Imperial Bank Of Commerce 1,282,929,665.61 Bn 1,282,929,665.82 Bn - 3.12 Bn
2 Toronto Dominion Bank 928.05 Bn 749.34 Bn - 6.31 Bn
3 Hsbc Holdings 799.80 Bn 799.80 Bn - -
4 Barclays 460.27 Bn 460.27 Bn - -
5 Bank Of America 373.62 Bn -233.08 Bn 29.24 Bn 18.53 Bn
6 Bank Of Montreal 316.89 Bn 316.89 Bn - 4.15 Bn
7 Wells Fargo & Company 238.28 Bn 163.21 Bn - 14.33 Bn
8 Citigroup 235.82 Bn -1,949.18 Bn 19.85 Bn 13.84 Bn
9 Bank of New York Mellon 94.86 Bn 37.94 Bn - 3.40 Bn
10 Bank Of Montreal - - - 4.15 Bn

Historic Data

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DateValue
Jan 31, 2026 4.15 Bn
Oct 31, 2025 4.01 Bn
Jul 31, 2025 3.72 Bn
Apr 30, 2025 3.53 Bn
Jan 31, 2025 3.82 Bn
Oct 31, 2024 3.24 Bn
Jul 31, 2024 3.53 Bn
Apr 30, 2024 3.57 Bn
Jan 31, 2024 3.99 Bn
Oct 31, 2023 4.19 Bn
Jul 31, 2023 4.17 Bn
Apr 30, 2023 4.07 Bn
Jan 31, 2023 3.25 Bn
Oct 31, 2022 3.60 Bn
Jul 31, 2022 3.00 Bn
Apr 30, 2022 2.93 Bn
Jan 31, 2022 3.04 Bn
Oct 31, 2021 3.03 Bn
Jul 31, 2021 3.00 Bn
Apr 30, 2021 3.50 Bn
Jan 31, 2021 2.81 Bn
Oct 31, 2020 2.68 Bn
Jul 31, 2020 2.52 Bn
Apr 30, 2020 2.56 Bn
Jan 31, 2020 2.79 Bn
Oct 31, 2019 3.01 Bn
Jul 31, 2019 2.63 Bn
Apr 30, 2019 2.70 Bn
Jan 31, 2019 2.67 Bn
Oct 31, 2018 2.45 Bn
Jun 30, 2018 2.76 Bn
Apr 30, 2018 2.77 Bn
Jan 31, 2018 2.69 Bn
Oct 31, 2017 2.70 Bn
Jun 30, 2017 2.44 Bn
Apr 30, 2017 2.47 Bn
Jan 31, 2017 2.54 Bn
Oct 31, 2016 2.54 Bn
Jun 30, 2016 633.11 Mn
Apr 30, 2016 2.49 Bn
Jan 31, 2016 2.39 Bn
Oct 31, 2015 2.35 Bn
Jun 30, 2015 679.47 Mn
Apr 30, 2015 2.49 Bn
Jan 31, 2015 2.58 Bn
Oct 31, 2014 2.61 Bn
Jun 30, 2014 578.34 Mn
Apr 30, 2014 2.35 Bn
Jan 31, 2014 2.51 Bn
Oct 31, 2013 2.49 Bn
Jun 30, 2013 -2.49 Bn
Apr 30, 2013 2.51 Bn
Jan 31, 2013 2.59 Bn
Oct 31, 2012 2.74 Bn
Jul 31, 2012 2.44 Bn
Apr 30, 2012 2.51 Bn
Jan 31, 2012 2.50 Bn
Sep 30, 2011 -2.27 Bn
Jul 31, 2011 2.30 Bn
Mar 31, 2011 326.00 Mn
Dec 31, 2010 401.00 Mn
Sep 30, 2010 1.83 Bn
Jul 31, 2010 1.82 Bn
Mar 31, 2010 1.77 Bn
Dec 31, 2009 -6.99 Bn
Oct 31, 2009 54.02 Mn
Jul 31, 2009 48.55 Mn
Apr 30, 2009 45.85 Mn
Jan 31, 2009 41.65 Mn