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Bank of Montreal (Bank of Montreal) Debt-to-Equity

: 3.14 (As of Jan. 2024)
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Bank of Montreal's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $76,817 Mil. Bank of Montreal's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $104,042 Mil. Bank of Montreal's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $57,550 Mil. Bank of Montreal's debt to equity for the quarter that ended in Jan. 2024 was 3.14.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Bank of Montreal's Debt-to-Equity or its related term are showing as below:

BMO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11   Med: 3.17   Max: 4.02
Current: 3.14

During the past 13 years, the highest Debt-to-Equity Ratio of Bank of Montreal was 4.02. The lowest was 0.11. And the median was 3.17.

BMO's Debt-to-Equity is ranked worse than
92.85% of 1398 companies
in the Banks industry
Industry Median: 0.7 vs BMO: 3.14

Bank of Montreal Debt-to-Equity Historical Data

The historical data trend for Bank of Montreal's Debt-to-Equity 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.

* Premium members only.

Bank of Montreal Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.82 3.31 3.30 3.13 3.23

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
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.31 3.05 3.22 3.23 3.14

Competitive Comparison

For the Banks - Diversified subindustry, Bank of Montreal's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bank of Montreal Debt-to-Equity Distribution

For the Banks industry and Financial Services sector, Bank of Montreal's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Bank of Montreal's Debt-to-Equity falls into.



Bank of Montreal Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Bank of Montreal's Debt to Equity Ratio for the fiscal year that ended in Oct. 2023 is calculated as

Bank of Montreal's Debt to Equity Ratio for the quarter that ended in Jan. 2024 is calculated as

* 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.


Bank of Montreal  (NYSE:BMO) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Bank of Montreal Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Bank of Montreal's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Bank of Montreal (Bank of Montreal) Business Description

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