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Bank of Montreal (TSX:BMO) Equity-to-Asset

: 0.06 (As of Jan. 2024)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bank of Montreal's Total Stockholders Equity for the quarter that ended in Jan. 2024 was C$77,250 Mil. Bank of Montreal's Total Assets for the quarter that ended in Jan. 2024 was C$1,324,762 Mil. Therefore, Bank of Montreal's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.06.

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

TSX:BMO' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.06   Med: 0.06   Max: 0.07
Current: 0.06

During the past 13 years, the highest Equity to Asset Ratio of Bank of Montreal was 0.07. The lowest was 0.06. And the median was 0.06.

TSX:BMO's Equity-to-Asset is ranked worse than
82.46% of 1471 companies
in the Banks industry
Industry Median: 0.09 vs TSX:BMO: 0.06

Bank of Montreal Equity-to-Asset Historical Data

The historical data trend for Bank of Montreal's Equity-to-Asset 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
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.06 0.06 0.06 0.06

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
Equity-to-Asset 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 0.07 0.06 0.06 0.06 0.06

Competitive Comparison

For the Banks - Diversified subindustry, Bank of Montreal's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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 Equity-to-Asset Distribution

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

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



Bank of Montreal Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Oct. 2023 )=Total Stockholders Equity/Total Assets
=77009/1293276
=0.06

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

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=77250/1324762
=0.06

* 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  (TSX:BMO) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Bank of Montreal Equity-to-Asset Related Terms

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


Bank of Montreal (TSX:BMO) 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.