Canada was Bank Of Montreal’s largest region in fiscal 2024, bringing in $161.07B of $327.95B (49%).
| Geography | FY 2016 | FY 2022 | FY 2024 |
|---|---|---|---|
| Canada | $159.77B | $161.07B | |
| United States | $169.80B | $144.65B | |
| Other International Non Can Non Us | $7.53B | $22.23B | |
| Total | $337.10B | $327.95B |
Bank Of Montreal brought in $327.95B from its three regions in fiscal 2024, the year ended October 31, 2024. That was down 2.7% from $337.10B in fiscal 2022, the previous year with figures. Canada was the largest at $161.07B (49.1%), ahead of United States at $144.65B (44.1%) and Other International Non Can Non Us at $22.23B (6.8%).
Compared with fiscal 2022, the previous year with figures, Other International Non Can Non Us grew fastest, up 195.2% to $22.23B, while United States fell the most, down 14.8% to $144.65B. From fiscal 2022 to 2024, combined revenue from these regions fell from $337.10B to $327.95B, a compound annual decline of 1.4%. Canada's share of the total rose from 47.4% to 49.1%.
Canadian P&Amp;C was Bank Of Montreal’s largest segment in fiscal 2024, bringing in $114.39B of $327.95B (35%).
| Segments [axis] | FY 2016 | FY 2018 | FY 2020 | FY 2021 | FY 2022 | FY 2024 |
|---|---|---|---|---|---|---|
| U.S. Banking | — | — | $108.11B | |||
| Canadian P&Amp;C | $87.86B | $98.68B | $114.39B | |||
| Capital Markets | — | — | $65.16B | |||
| Wealth Management | $70.53B | $45.24B | $45.99B | |||
| Us P&Amp;C | — | $63.02B | — | |||
| Bmo Cm | $61.26B | $61.72B | — | |||
| Bmo Capital Markets | — | — | — | |||
| Corporate Services | -$2.90B | $68.44B | -$5.70B | |||
| Total | $216.75B | $337.10B | $327.95B |
Bank Of Montreal brought in $327.95B from its five segments in fiscal 2024, the year ended October 31, 2024. Bank Of Montreal regrouped these segments after fiscal 2022, so the total does not compare directly with that year's $337.10B. Canadian P&Amp;C was the largest at $114.39B (34.9%), ahead of U.S. Banking at $108.11B (33.0%) and Capital Markets at $65.16B (19.9%). The remaining segment, Wealth Management, brought in $45.99B.
Compared with fiscal 2022, the previous year with figures, Canadian P&Amp;C grew 15.9% to $114.39B and Wealth Management grew 1.7% to $45.99B.
Bank Of Montreal began breaking out U.S. Banking in fiscal 2024 and Capital Markets in fiscal 2024. Bank Of Montreal stopped reporting Us P&Amp;C ($63.02B in fiscal 2022) and Bmo Cm ($61.72B in fiscal 2022) as separate segments. The total is net of Corporate Services, which took $5.70B off revenue in fiscal 2024.
Bank Of Montreal (BMO) reports its revenue by geography and by segments [axis]. In fiscal 2024, Canada was its largest region, bringing in $161.07B (49.1% of the total), followed by United States at $144.65B (44.1%).
Canada was Bank Of Montreal's largest region in fiscal 2024, bringing in $161.07B, or 49.1% of the $327.95B total across its three regions.
Canadian P&Amp;C was Bank Of Montreal's largest segment in fiscal 2024, bringing in $114.39B, or 34.9% of the $327.95B total across its five segments.
Every figure comes from Bank Of Montreal's annual financial filings, as reported. Each line keeps the name Bank Of Montreal gives it, and years follow its fiscal calendar.
Bank Of Montreal's revenue by geography goes back to fiscal 2016, with figures through fiscal 2024. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.