Bank of Montreal
Bank of Montreal engages in the provision of diversified financial services primarily in North America. The company operates through Canadian P&C, U.S P&C, BMO Wealth Management, and BMO Capital Markets segments. It's personal banking products and services include deposits, home lending, consumer credit, small business lending, credit cards, cash management, financial and investment advice, and o… Read more
Bank of Montreal (BMO) - Net Assets
Latest net assets as of October 2025: $88.10 Billion USD
Based on the latest financial reports, Bank of Montreal (BMO) has net assets worth $88.10 Billion USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.48 Trillion) and total liabilities ($1.39 Trillion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $88.10 Billion |
| % of Total Assets | 5.97% |
| Annual Growth Rate | 8.75% |
| 5-Year Change | 53.16% |
| 10-Year Change | 98.63% |
| Growth Volatility | 28.09 |
Bank of Montreal - Net Assets Trend (1994–2025)
This chart illustrates how Bank of Montreal's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bank of Montreal (1994–2025)
The table below shows the annual net assets of Bank of Montreal from 1994 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | $88.10 Billion | +4.53% |
| 2024-10-31 | $84.29 Billion | +10.72% |
| 2023-10-31 | $76.12 Billion | +7.16% |
| 2022-10-31 | $71.04 Billion | +23.49% |
| 2021-10-31 | $57.52 Billion | +1.64% |
| 2020-10-31 | $56.59 Billion | +10.80% |
| 2019-10-31 | $51.08 Billion | +11.70% |
| 2018-10-31 | $45.73 Billion | -30.88% |
| 2017-12-31 | $66.16 Billion | +49.16% |
| 2017-10-31 | $44.35 Billion | -25.26% |
| 2016-12-31 | $59.34 Billion | +40.20% |
| 2016-10-31 | $42.33 Billion | -38.36% |
| 2015-12-31 | $68.67 Billion | +72.04% |
| 2015-10-31 | $39.91 Billion | -47.43% |
| 2014-12-31 | $75.92 Billion | +114.44% |
| 2014-10-31 | $35.40 Billion | +13.55% |
| 2013-10-31 | $31.18 Billion | +3.62% |
| 2012-10-31 | $30.09 Billion | +8.10% |
| 2011-10-31 | $27.84 Billion | +28.38% |
| 2010-10-31 | $21.68 Billion | +7.36% |
| 2009-10-31 | $20.20 Billion | +12.81% |
| 2008-10-31 | $17.90 Billion | +7.68% |
| 2007-10-31 | $16.63 Billion | +10.40% |
| 2006-10-31 | $15.06 Billion | +8.81% |
| 2005-10-31 | $13.84 Billion | -2.06% |
| 2004-10-31 | $14.13 Billion | +13.22% |
| 2003-10-31 | $12.48 Billion | +4.95% |
| 2002-10-31 | $11.89 Billion | +11.34% |
| 2001-10-31 | $10.68 Billion | -15.84% |
| 2000-10-31 | $12.69 Billion | +11.58% |
| 1999-10-31 | $11.38 Billion | +2.25% |
| 1998-10-31 | $11.13 Billion | +22.87% |
| 1997-10-31 | $9.05 Billion | +19.35% |
| 1996-10-31 | $7.59 Billion | +5.42% |
| 1995-10-31 | $7.20 Billion | +10.07% |
| 1994-10-31 | $6.54 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bank of Montreal's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1670.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $47.38 Billion | 53.81% |
| Common Stock | $23.36 Billion | 26.53% |
| Other Comprehensive Income | $7.99 Billion | 9.07% |
| Other Components | $9.33 Billion | 10.59% |
| Total Equity | $88.05 Billion | 100.00% |
Bank of Montreal Competitors by Market Cap
The table below lists competitors of Bank of Montreal ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xiaomi Corp
PINK:XIACF
|
$95.43 Billion |
|
Duke Energy Corporation
NYSE:DUK
|
$96.16 Billion |
|
Howmet Aerospace Inc
NYSE MKT:HWM
|
$96.24 Billion |
|
Western Digital Corporation
NASDAQ:WDC
|
$96.27 Billion |
|
L'Oréal S.A
PINK:LRLCF
|
$94.58 Billion |
|
Trane Technologies plc
NYSE:TT
|
$94.20 Billion |
|
Equinix Inc
NASDAQ:EQIX
|
$92.84 Billion |
|
CVS Health Corp
NYSE:CVS
|
$92.71 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bank of Montreal's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 84,250,000,000 to 88,051,000,000, a change of 3,801,000,000 (4.5%).
- Net income of 8,709,000,000 contributed positively to equity growth.
- Dividend payments of 5,031,000,000 reduced retained earnings.
- Share repurchases of 3,396,000,000 reduced equity.
- New share issuances of 1,523,000,000 increased equity.
- Other comprehensive income increased equity by 2,567,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.71 Billion | +9.89% |
| Dividends Paid | $5.03 Billion | -5.71% |
| Share Repurchases | $3.40 Billion | -3.86% |
| Share Issuances | $1.52 Billion | +1.73% |
| Other Comprehensive Income | $2.57 Billion | +2.92% |
| Other Changes | $-571.00 Million | -0.65% |
| Total Change | $- | 4.51% |
Book Value vs Market Value Analysis
This analysis compares Bank of Montreal's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.13x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 10.72x to 1.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-10-31 | $12.87 | $138.00 | x |
| 1995-10-31 | $13.24 | $138.00 | x |
| 1996-10-31 | $14.57 | $138.00 | x |
| 1997-10-31 | $16.83 | $138.00 | x |
| 1998-10-31 | $20.02 | $138.00 | x |
| 1999-10-31 | $20.51 | $138.00 | x |
| 2000-10-31 | $22.10 | $138.00 | x |
| 2001-10-31 | $20.42 | $138.00 | x |
| 2002-10-31 | $23.82 | $138.00 | x |
| 2003-10-31 | $24.62 | $138.00 | x |
| 2004-10-31 | $25.61 | $138.00 | x |
| 2005-10-31 | $27.10 | $138.00 | x |
| 2006-10-31 | $29.46 | $138.00 | x |
| 2007-10-31 | $30.08 | $138.00 | x |
| 2008-10-31 | $35.33 | $138.00 | x |
| 2009-10-31 | $37.24 | $138.00 | x |
| 2010-10-31 | $35.84 | $138.00 | x |
| 2011-10-31 | $44.40 | $138.00 | x |
| 2012-10-31 | $44.18 | $138.00 | x |
| 2013-10-31 | $46.33 | $138.00 | x |
| 2014-10-31 | $52.91 | $138.00 | x |
| 2015-10-31 | $60.92 | $138.00 | x |
| 2016-10-31 | $63.34 | $138.00 | x |
| 2017-10-31 | $65.69 | $138.00 | x |
| 2018-10-31 | $70.90 | $138.00 | x |
| 2019-10-31 | $79.76 | $138.00 | x |
| 2020-10-31 | $88.13 | $138.00 | x |
| 2021-10-31 | $88.68 | $138.00 | x |
| 2022-10-31 | $106.71 | $138.00 | x |
| 2023-10-31 | $107.10 | $138.00 | x |
| 2024-10-31 | $115.64 | $138.00 | x |
| 2025-10-31 | $121.74 | $138.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bank of Montreal utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.89%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.14%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 16.77x
- Recent ROE (9.89%) is below the historical average (11.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1994 | 12.62% | 9.06% | 0.07x | 21.13x | $171.18 Million |
| 1995 | 14.02% | 8.16% | 0.08x | 21.59x | $282.80 Million |
| 1996 | 15.40% | 8.98% | 0.08x | 22.39x | $409.43 Million |
| 1997 | 14.66% | 8.99% | 0.07x | 23.34x | $414.72 Million |
| 1998 | 12.73% | 7.83% | 0.08x | 20.98x | $289.26 Million |
| 1999 | 12.58% | 8.28% | 0.07x | 21.00x | $283.36 Million |
| 2000 | 15.55% | 9.97% | 0.08x | 19.54x | $662.35 Million |
| 2001 | 13.77% | 8.54% | 0.07x | 22.41x | $402.95 Million |
| 2002 | 11.92% | 10.85% | 0.05x | 21.26x | $228.04 Million |
| 2003 | 14.27% | 13.55% | 0.05x | 20.55x | $533.30 Million |
| 2004 | 17.40% | 17.61% | 0.05x | 20.11x | $976.05 Million |
| 2005 | 17.31% | 15.75% | 0.05x | 21.23x | $1.01 Billion |
| 2006 | 17.68% | 14.67% | 0.06x | 21.25x | $1.16 Billion |
| 2007 | 13.93% | 10.47% | 0.06x | 23.96x | $601.15 Million |
| 2008 | 11.05% | 9.96% | 0.05x | 23.24x | $187.60 Million |
| 2009 | 8.85% | 11.12% | 0.04x | 19.23x | $-232.70 Million |
| 2010 | 13.92% | 18.18% | 0.04x | 21.69x | $791.80 Million |
| 2011 | 11.54% | 16.01% | 0.04x | 18.99x | $405.70 Million |
| 2012 | 14.25% | 19.66% | 0.04x | 18.34x | $1.22 Billion |
| 2013 | 13.72% | 19.28% | 0.04x | 17.84x | $1.12 Billion |
| 2014 | 12.46% | 18.90% | 0.04x | 17.16x | $845.70 Million |
| 2014 | 2.90% | 3.75% | 0.04x | 17.56x | $-5.39 Billion |
| 2015 | 11.09% | 18.54% | 0.04x | 16.28x | $427.80 Million |
| 2015 | 1.85% | 2.96% | 0.04x | 17.31x | $-5.60 Billion |
| 2016 | 10.93% | 18.15% | 0.04x | 16.26x | $391.60 Million |
| 2016 | 4.30% | 4.46% | 0.06x | 17.03x | $-3.39 Billion |
| 2017 | 12.03% | 19.16% | 0.04x | 16.00x | $901.60 Million |
| 2017 | 7.78% | 9.85% | 0.05x | 16.61x | $-1.47 Billion |
| 2018 | 11.93% | 16.86% | 0.04x | 16.93x | $880.30 Million |
| 2019 | 11.27% | 14.92% | 0.05x | 16.68x | $650.40 Million |
| 2020 | 9.01% | 14.83% | 0.04x | 16.77x | $-562.30 Million |
| 2021 | 13.48% | 23.87% | 0.03x | 17.18x | $2.00 Billion |
| 2022 | 19.06% | 36.32% | 0.03x | 16.04x | $6.43 Billion |
| 2023 | 5.82% | 6.51% | 0.05x | 17.70x | $-3.18 Billion |
| 2024 | 8.69% | 9.32% | 0.06x | 16.73x | $-1.11 Billion |
| 2025 | 9.89% | 11.14% | 0.05x | 16.77x | $-96.10 Million |
Industry Comparison
This section compares Bank of Montreal's net assets metrics with peer companies in the Banks - Diversified industry.
Industry Context
- Industry: Banks - Diversified
- Average net assets among peers: $245,254,219,103
- Average return on equity (ROE) among peers: 10.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bank of Montreal (BMO) | $88.10 Billion | 12.62% | 15.76x | $95.04 Billion |
| ABN AMRO Bank N.V (AAVMY) | $27.04 Billion | 8.33% | 14.28x | $11.03 Billion |
| Agricultural Bank of China PK (ACGBY) | $290.54 Billion | 17.72% | 23.14x | $259.69 Billion |
| ANZ Group Holdings Limited (ANZGY) | $70.02 Billion | 10.15% | 14.79x | $48.69 Billion |
| Bank of America Corp (BAC) | $270.07 Billion | 11.84% | 10.74x | $334.80 Billion |
| Bank of China Ltd H (BACHF) | $861.54 Billion | 16.21% | 13.72x | $77.92 Billion |
| Banco Bilbao Vizcaya Argentaria S.A (BBVXF) | $4.73 Billion | 9.43% | 14.29x | $81.72 Billion |
| Banco Santander S.A (BCDRF) | $73.87 Billion | 12.11% | 14.03x | $86.81 Billion |
| Barclays PLC (BCLYF) | $808.57 Billion | 0.43% | 0.14x | $42.51 Billion |
| Bancorp. of Southern Indiana (BCSO) | $46.62 Million | 6.99% | 9.62x | $74.68 Million |
| The Bank of New York Mellon Corporation (BK) | $46.12 Billion | 7.84% | 9.18x | $78.56 Billion |