Bank of Montreal (BMO) — Net Asset Quality Index
Bank of Montreal (BMO) has a Net Asset Quality Index of 5.9% as of January 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$1.46 Trillion minus total liabilities of CA$1.37 Trillion yields net assets of CA$85.75 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See BMO days of operational coverage to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
Bank of Montreal Net Asset Quality Index Over Time (1994–2025)
This chart shows how Bank of Montreal's Net Asset Quality Index has evolved across 36 annual periods from 1994 to 2025. As of January 2026, the index stands at 5.9%, representing net assets of CA$85.75 Billion against total assets of CA$1.46 Trillion CAD. Explore BMO cash flow conversion to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Bank of Montreal (1994–2025)
The table below presents the year-by-year Net Asset Quality Index for Bank of Montreal from 1994 to 2025, covering 36 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Bank of Montreal stock valuation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 6.0% | CA$88.10 Billion | CA$1.48 Trillion | CA$1.39 Trillion | ▼ 0.0 pp |
| 2024 | 6.0% | CA$84.29 Billion | CA$1.41 Trillion | CA$1.33 Trillion | ▲ +0.0 pp |
| 2023 | 6.0% | CA$77.04 Billion | CA$1.29 Trillion | CA$1.22 Trillion | ▼ -0.3 pp |
| 2022 | 6.2% | CA$71.04 Billion | CA$1.14 Trillion | CA$1.07 Trillion | ▲ +0.4 pp |
| 2021 | 5.8% | CA$57.52 Billion | CA$988.17 Billion | CA$930.65 Billion | ▼ -0.1 pp |
| 2020 | 6.0% | CA$56.59 Billion | CA$949.26 Billion | CA$892.67 Billion | ▼ 0.0 pp |
| 2019 | 6.0% | CA$51.08 Billion | CA$852.20 Billion | CA$801.12 Billion | ▲ +0.1 pp |
| 2018 | 5.9% | CA$45.73 Billion | CA$774.05 Billion | CA$728.32 Billion | ▼ -0.1 pp |
| 2017 | 6.0% | CA$66.16 Billion | CA$1.10 Trillion | CA$1.03 Trillion | ▼ -0.2 pp |
| 2017 | 6.3% | CA$44.35 Billion | CA$709.58 Billion | CA$665.23 Billion | ▲ +0.4 pp |
| 2016 | 5.9% | CA$59.34 Billion | CA$1.01 Trillion | CA$951.16 Billion | ▼ -0.3 pp |
| 2016 | 6.2% | CA$42.33 Billion | CA$687.93 Billion | CA$645.61 Billion | ▲ +0.4 pp |
| 2015 | 5.8% | CA$68.67 Billion | CA$1.19 Trillion | CA$1.12 Trillion | ▼ -0.4 pp |
| 2015 | 6.2% | CA$39.91 Billion | CA$641.88 Billion | CA$601.97 Billion | ▲ +0.5 pp |
| 2014 | 5.7% | CA$75.92 Billion | CA$1.33 Trillion | CA$1.26 Trillion | ▼ -0.3 pp |
| 2014 | 6.0% | CA$35.40 Billion | CA$588.66 Billion | CA$553.25 Billion | ▲ +0.2 pp |
| 2013 | 5.9% | CA$31.48 Billion | CA$537.30 Billion | CA$505.82 Billion | ▲ +0.1 pp |
| 2012 | 5.7% | CA$30.09 Billion | CA$525.45 Billion | CA$495.36 Billion | ▼ -0.2 pp |
| 2011 | 5.9% | CA$28.12 Billion | CA$477.42 Billion | CA$449.30 Billion | ▲ +0.6 pp |
| 2010 | 5.3% | CA$21.88 Billion | CA$411.64 Billion | CA$389.76 Billion | ▲ +0.1 pp |
| 2009 | 5.2% | CA$20.20 Billion | CA$388.46 Billion | CA$368.26 Billion | ▲ +0.5 pp |
| 2008 | 4.7% | CA$19.55 Billion | CA$416.05 Billion | CA$396.50 Billion | ▲ +0.2 pp |
| 2007 | 4.5% | CA$16.63 Billion | CA$367.85 Billion | CA$351.23 Billion | ▼ -0.6 pp |
| 2006 | 5.1% | CA$16.42 Billion | CA$321.34 Billion | CA$304.92 Billion | ▼ -0.2 pp |
| 2005 | 5.3% | CA$15.69 Billion | CA$297.53 Billion | CA$281.84 Billion | ▲ +0.3 pp |
| 2004 | 5.0% | CA$13.19 Billion | CA$265.19 Billion | CA$252.00 Billion | ▲ +0.1 pp |
| 2003 | 4.9% | CA$12.48 Billion | CA$256.49 Billion | CA$244.01 Billion | ▲ +0.2 pp |
| 2002 | 4.7% | CA$11.89 Billion | CA$252.86 Billion | CA$240.97 Billion | ▲ +0.2 pp |
| 2001 | 4.5% | CA$10.68 Billion | CA$239.41 Billion | CA$228.73 Billion | ▼ -1.0 pp |
| 2000 | 5.4% | CA$12.69 Billion | CA$233.40 Billion | CA$220.70 Billion | ▲ +0.5 pp |
| 1999 | 4.9% | CA$11.37 Billion | CA$230.61 Billion | CA$219.24 Billion | ▼ -0.1 pp |
| 1998 | 5.0% | CA$11.13 Billion | CA$222.59 Billion | CA$211.47 Billion | ▲ +0.7 pp |
| 1997 | 4.3% | CA$8.90 Billion | CA$207.84 Billion | CA$198.93 Billion | ▼ -0.2 pp |
| 1996 | 4.5% | CA$7.59 Billion | CA$169.83 Billion | CA$162.24 Billion | ▼ -0.2 pp |
| 1995 | 4.6% | CA$7.03 Billion | CA$151.83 Billion | CA$144.80 Billion | ▼ -0.1 pp |
| 1994 | 4.7% | CA$6.54 Billion | CA$138.18 Billion | CA$131.64 Billion | — |