Bank Of Montreal /Can/ (NRGD) Research & Development (2009 - 2026)

Bank Of Montreal (NRGD) posted quarterly Research & Development of $58.4 million for Q1 2026, down 3.66% year-over-year from $60.6 million in Q1 2025, and up 2.49% quarter-over-quarter from $56.9 million in Q4 2025.

Bank Of Montreal /Can/ (NRGD) Research & Development (2009 - 2026) Analysis & Trends

Bank Of Montreal (NRGD) has reported Research & Development for 17 consecutive years, with $58.4 million the latest figure, recorded 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 $244.3 million, down 14.33% from the prior year.
  • Research & Development improved to $58.4 million in Q1 2026 per NRGD's latest filing, 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.
  • Historically, Research & Development has averaged $63.3 million across 5 years, with a median of $60.6 million in 2025.
  • Annual changes were most pronounced in 2023 — Research & Development soared 46.93% — and 2025, when it slipped 18.91%.
  • Bank Of Montreal's Research & Development stood at $54.2 million in 2022, then surged by 46.93% to $79.6 million in 2023, then decreased by 18.17% to $65.2 million in 2024, then retreated by 12.62% to $56.9 million in 2025, then rose by 2.49% to $58.4 million in 2026.
  • Business Quant data shows NRGD's Research & Development at $58.4 million in Q1 2026, $56.9 million in Q4 2025, and $59.7 million in Q3 2025.

Peer Comparison

Historic Data

Download Data
DateValue
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