Bank Of Montreal (FNGU) Research & Development (2009 - 2026)
Bank Of Montreal (FNGU) posted Research & Development of $58.4 million for Q1 2026, up 2.49% on a QoQ basis from $56.9 million in Q4 2025, and down 3.66% year-over-year from $60.6 million in Q1 2025.
Bank Of Montreal (FNGU) has 18 years of Research & Development data on file, last reported at $58.4 million in Q1 2026.
- In Q1 2026, Research & Development fell 3.66% year-over-year to $58.4 million; the TTM figure through Jan 2026 stood at $241.8 million (down 10.82% YoY), while the FY2025 annual figure was $246.5 million, down 13.23% from the prior year.
- Research & Development improved to $58.4 million in Q1 2026, from $56.9 million in the prior quarter.
- Across five years, Research & Development topped out at $79.6 million in Q4 2023 and bottomed at $50.6 million in Q1 2022.
- A 5-year average of $63.3 million and a median of $60.6 million in 2025 frame the typical range for Research & Development.
- Annual changes were most pronounced in 2023 — Research & Development surged 46.93% — and 2025, when it decreased 18.91%.
- Year by year, Research & Development stood at $54.2 million in 2022, then soared by 46.93% to $79.6 million in 2023, then slipped by 18.17% to $65.2 million in 2024, then decreased by 12.62% to $56.9 million in 2025, then gained by 2.49% to $58.4 million in 2026.
- The last three Research & Development figures came in at $58.4 million (Q1 2026), $56.9 million (Q4 2025), and $59.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Canadian Imperial Bank Of Commerce | 1,282,929,665.61 Bn | 1,282,929,665.82 Bn | - | 70.62 Mn |
| 2 | Toronto Dominion Bank | 928.05 Bn | 749.34 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 | 2.02 Bn |
| 6 | Bank Of Montreal | 316.89 Bn | 316.89 Bn | - | 58.37 Mn |
| 7 | Wells Fargo & Company | 238.28 Bn | 163.21 Bn | - | - |
| 8 | Citigroup | 235.82 Bn | -1,949.18 Bn | 19.85 Bn | 2.43 Bn |
| 9 | Bank of New York Mellon | 94.86 Bn | 37.94 Bn | - | 556.00 Mn |
| 10 | Bank Of Montreal | - | - | - | 58.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 58.37 Mn |
| Oct 31, 2025 | 56.95 Mn |
| Jul 31, 2025 | 59.68 Mn |
| Apr 30, 2025 | 66.76 Mn |
| Jan 31, 2025 | 60.58 Mn |
| Oct 31, 2024 | 65.17 Mn |
| Jul 31, 2024 | 71.57 Mn |
| Apr 30, 2024 | 73.75 Mn |
| Jan 31, 2024 | 74.71 Mn |
| Oct 31, 2023 | 79.65 Mn |
| Jul 31, 2023 | 71.17 Mn |
| Apr 30, 2023 | 66.51 Mn |
| Jan 31, 2023 | 54.86 Mn |
| Oct 31, 2022 | 54.21 Mn |
| Jul 31, 2022 | 52.09 Mn |
| Apr 30, 2022 | 59.22 Mn |
| Jan 31, 2022 | 50.57 Mn |
| Oct 31, 2021 | 51.70 Mn |
| Jul 31, 2021 | 51.28 Mn |
| Apr 30, 2021 | 57.19 Mn |
| Jan 31, 2021 | 49.75 Mn |
| Oct 31, 2020 | 53.70 Mn |
| Jul 31, 2020 | 51.93 Mn |
| Apr 30, 2020 | 60.41 Mn |
| Jan 31, 2020 | 60.04 Mn |
| Oct 31, 2019 | 54.41 Mn |
| Jul 31, 2019 | 54.21 Mn |
| Apr 30, 2019 | 58.60 Mn |
| Jan 31, 2019 | 55.60 Mn |
| Oct 31, 2018 | 53.74 Mn |
| Apr 30, 2018 | 58.92 Mn |
| Jan 31, 2018 | 52.94 Mn |
| Oct 31, 2017 | 55.22 Mn |
| Apr 30, 2017 | 55.65 Mn |
| Jan 31, 2017 | 51.74 Mn |
| Oct 31, 2016 | 54.20 Mn |
| Apr 30, 2016 | 60.23 Mn |
| Jan 31, 2016 | 53.99 Mn |
| Oct 31, 2015 | 60.79 Mn |
| Apr 30, 2015 | 66.44 Mn |
| Jan 31, 2015 | 64.49 Mn |
| Oct 31, 2014 | 63.37 Mn |
| Apr 30, 2014 | 70.55 Mn |
| Jan 31, 2014 | 63.69 Mn |
| Oct 31, 2013 | 67.49 Mn |
| Apr 30, 2013 | 74.76 Mn |
| Jan 31, 2013 | 72.52 Mn |
| Oct 31, 2012 | 79.04 Mn |
| Jul 31, 2012 | 77.76 Mn |
| Apr 30, 2012 | 72.39 Mn |
| Jan 31, 2012 | 70.58 Mn |
| Jul 31, 2011 | 65.18 Mn |
| Jul 31, 2010 | 58.61 Mn |
| Oct 31, 2009 | 54.02 Mn |
| Jul 31, 2009 | 48.55 Mn |
| Apr 30, 2009 | 45.85 Mn |
| Jan 31, 2009 | 41.65 Mn |