BANK OF MONTREAL /CAN/ (BMO) Company Report

Bank of Montreal reported an interest coverage ratio on subordinated indebtedness of 26.32 times for the 12 months ended October 31, 2025, an increase from 21.88 times in the prior year.
The grossed up dividend coverage on Class B Preferred Shares and other equity instruments improved to 23.63 times for the 12 months ended October 31, 2025, up from 21.48 times for the same period in 2024.
The combined interest and grossed up dividend coverage for subordinated indebtedness and equity instruments was 12.70 times for the 12 months ended October 31, 2025, compared to 11.09 times for the 12 months ended October 31, 2024.

17 hours ago

6-K

BMO Financial Group Announces Common Share Dividend Increase

BMO

Dividends

Bank of Montreal's Board of Directors declared a quarterly dividend of $1.67 per share on paid-up common shares for the first quarter of fiscal year 2026.
This dividend represents a 4 cent, or 2 percent, increase from the prior quarter, and is up 5 percent from the prior year.
The common share dividend is payable on February 26, 2026, to shareholders of record on January 30, 2026.

17 hours ago

6-K

BMO Reports Strong Fiscal 2025 Q4 Results and Raises Dividend

BMO

Earnings

Dividends

Revenue Acceleration/Inflection

Bank of Montreal (BMO) reported a fiscal 2025 fourth-quarter profit of $2.3 billion and adjusted earnings per share of $3.28, surpassing analyst expectations.
The bank increased its quarterly dividend by 2% to $1.67 per share, reflecting robust financial performance and commitment to shareholder value.
Revenue for the quarter rose to $9.34 billion from $8.96 billion the previous year, while provisions for credit losses significantly decreased to $755 million from $1.52 billion a year ago.
BMO's stock saw substantial gains in 2025, with a roughly 37% increase on the Toronto Stock Exchange and about 30.6% on the NYSE.

21 hours ago

Bloomberg

BMO Reports Strong Q4 and Full-Year 2025 Results, Announces Dividend Increase and CFO Retirement

BMO

Earnings

Dividends

CFO Change

For fiscal year 2025, BMO reported adjusted EPS of $12.16 and record net income of $9.2 billion, with Q4 2025 adjusted EPS at $3.28.
The company significantly improved its full-year Return on Equity (ROE) by 150 basis points to 11.3%, exiting Q4 with 11.8%, and delivered 26% EPS growth.
BMO returned over $8 billion in capital to shareholders in 2025 through buybacks and dividends, and announced a dividend increase of $0.04 to $1.67 per share, maintaining a strong CET1 ratio of 13.3%.
Looking to 2026, BMO anticipates low single-digit loan growth in Canada and mid-single-digit loan growth in the U.S. by year-end, and expects to record a CAD 225 million restructuring charge in Q1 for workforce optimization, projected to deliver CAD 250 million in annualized savings.
CFO Tayfun Tuzun will retire at the end of the year, with Q4 2025 being his final quarterly call.

1 day ago

Transcript

BMO Reports Strong Q4 2025 Results and Outlines 2026 Outlook

BMO

Earnings

Guidance Update

Share Buyback

BMO reported strong Q4 2025 adjusted results, with adjusted EPS of $3.28 and net income of $2.5 billion, driven by 12% revenue growth and a 440 basis point improvement in Return on Equity (ROE) to 11.8%.
For fiscal year 2025, the bank achieved an ROE of 8.1% and maintained its medium-term ROE target of 15%, aiming to reach it in the early part of the 3-5 year range.
The bank plans a CAD 225 million workforce optimization charge in Q1 2026, expected to generate CAD 250 million in annualized savings, with half realized in 2026.
BMO's CET1 ratio stands at a strong 13.3%, above its 12.5% management target, and the company completed 22.2 million share repurchases in fiscal 2025, with plans to continue in 2026.
The company expects low single-digit loan growth in Canada and mid-single-digit loan growth in the U.S. by year-end 2026, while maintaining a disciplined M&A strategy focused on opportunities that align with strategic and ROE objectives.

1 day ago

Transcript

BMO Financial Group Reports Fourth Quarter and Fiscal 2025 Results

BMO

Earnings

Dividends

Share Buyback

BMO Financial Group reported adjusted net income of $2,514 million for the fourth quarter of 2025, a 63% increase from the prior year, with adjusted EPS rising 73% to $3.28. For fiscal 2025, adjusted net income grew 24% to $9,248 million, and adjusted EPS increased 26% to $12.16.
The company declared a quarterly dividend of $1.67 per common share, an increase of $0.04 or 2% from the prior quarter and $0.08 or 5% from the prior year.
Provision for credit losses (PCL) for Q4 2025 was $755 million, a decrease from $1,523 million in Q4 2024.
BMO's Common Equity Tier 1 (CET1) Ratio was 13.3% as of October 31, 2025.
During the fourth quarter of 2025, 8.0 million common shares were purchased for cancellation under the normal course issuer bid.

1 day ago

Press Release

BMO Increases Financing Spread for MicroSectors™ Gold Miners 3X Leveraged ETNs

BMO

BMO Capital Markets Corp. is increasing the Financing Spread for its MicroSectors™ Gold Miners 3X Leveraged ETNs (Ticker: GDXU).
Effective November 21, 2025, the Financing Spread for GDXU will increase from 2.25% to 3.25%.
This adjustment will result in a higher Daily Financing Charge, which is expected to adversely affect the return on the ETNs.
Holders have the option to continue holding, redeem their ETNs (with the minimum redemption amount waived until the fee effective date), or sell them in the secondary market.

Nov 14, 2025, 9:30 PM

Press Release

LevelJump Healthcare Corp. Shareholder Requisitions Meeting for Board Reconstitution

BMO

Board Change

Legal Proceedings

Management Change

A concerned shareholder, Frank Teti, holding approximately 5.93% of LevelJump Healthcare Corp.'s common shares, has requisitioned a meeting to reconstitute the company's board of directors by removing current directors and electing five new independent directors.
The requisition is driven by identified governance deficiencies, including $1,900,000 in insider loans to the CEO, CFO, and a jointly owned company, which bear 1% interest and have no fixed maturity, as well as an attempted $1,750,000 self-dealing transaction for a commercial condominium.
LevelJump's interim financial statements for the six-month period ended June 30, 2025, disclosed a working capital deficiency of $2,637,203, indicating material uncertainties about the company's ability to continue as a going concern.

Nov 4, 2025, 8:00 PM

Press Release

BMO Announces U.S. Branch Network Optimization and Sale

BMO

M&A

New Projects/Investments

Guidance Update

BMO announced a strategic initiative to optimize its U.S. branch network, including the sale of 138 branches to First-Citizens Bank & Trust Company.
The transaction involves First Citizens Bank assuming approximately $5.7 billion in deposits and purchasing approximately $1.1 billion in loans, with a net deposit premium of approximately 5 percent paid on closing.
BMO anticipates recording a goodwill charge of approximately US$75 million (CAD$104 million) in Q4 2025 and a tax expense of approximately US$85 million (CAD$117 million) upon closing of the transaction, which is expected in mid-2026.
Concurrently, BMO plans to open 150 new branches over the next five years, focusing on densifying its presence in U.S. markets with strong growth potential, including California.

Oct 16, 2025, 10:35 AM

Press Release

Voxtur Announces Purchase of Secured Indebtedness by Hale Capital Partners

BMO

Debt Issuance

New Projects/Investments

Voxtur Analytics Corp. announced on September 29, 2025, that affiliates of Hale Capital Partners (HCP-FVY, LLC and HCP Fund V-FVY, LLC) purchased Voxtur's existing senior secured indebtedness from Bank of Montreal (BMO).
As a direct result of this transaction, Hale Capital is now the sole holder of all obligations owed by Voxtur under the senior secured facility, including all related security documents, guarantees, collateral security, and ancillary agreements.
This transaction is considered a significant milestone, bringing together Hale Capital's expertise in supporting high-growth technology companies with Voxtur's technology solutions.

Sep 29, 2025, 9:33 PM

Press Release

Earnings Transcripts

Quarterly earnings call transcripts for BANK OF MONTREAL /CAN/.

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