Bank of Montreal (Bank of Montreal) Allowance For Loans And Lease Losses : $-2,798 Mil (As of Jan. 2024)

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What is Bank of Montreal Allowance For Loans And Lease Losses?

Bank of Montreal's Allowance For Loans And Lease Losses for the quarter that ended in Jan. 2024 was $-2,798 Mil.

Bank of Montreal's quarterly Allowance For Loans And Lease Losses declined from Jul. 2023 ($-2,664 Mil) to Oct. 2023 ($-2,776 Mil) and declined from Oct. 2023 ($-2,776 Mil) to Jan. 2024 ($-2,798 Mil).

Bank of Montreal's annual Allowance For Loans And Lease Losses increased from Oct. 2021 ($-2,062 Mil) to Oct. 2022 ($-1,912 Mil) but then declined from Oct. 2022 ($-1,912 Mil) to Oct. 2023 ($-2,776 Mil).

Bank of Montreal Allowance For Loans And Lease Losses Historical Data

The historical data trend for Bank of Montreal's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Bank of Montreal Allowance For Loans And Lease Losses Chart

Bank of Montreal Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Allowance For Loans And Lease Losses

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-1,402.68

-2,498.87

-2,062.09

-1,911.75

-2,776.40

Bank of Montreal Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-1,965.43	-2,484.43	-2,664.45	-2,776.40	-2,798.18

Bank of Montreal Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Bank of Montreal Allowance For Loans And Lease Losses Related Terms

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Bank of Montreal (Bank of Montreal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Bank of Montreal (NYSE:BMO) » Definitions » Allowance For Loans And Lease Losses

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Traded in Other Exchanges

BZZ:Germany BZZ:Germany BMO.PR.F.PFD:Canada BMO.PR.E.PFD:Canada BMO.PR.Y.PFD:Canada BMO.PR.W.PFD:Canada BMO.PR.T.PFD:Canada BMO.PR.S.PFD:Canada BMO:Canada

Address

129 rue Saint-Jacques, Montreal, QC, CAN, H2Y 1L6

Website

https://www.bmo.com

Bank of Montreal is a diversified financial-services provider based in North America, operating four business segments: Canadian personal and commercial banking, U.S. P&C banking, wealth management, and capital markets. The bank's operations are primarily in Canada, with a material portion also in the U.S.

Executives

Vinita Lee Piper

director

712 WILCREST, SUITE 3020, HOUSTON TX 77042