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BMO (Bank of Montreal) Net Margin % : 27.66% (As of Oct. 2024)


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What is Bank of Montreal Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Bank of Montreal's Net Income for the three months ended in Oct. 2024 was $1,673 Mil. Bank of Montreal's Revenue for the three months ended in Oct. 2024 was $6,046 Mil. Therefore, Bank of Montreal's net margin for the quarter that ended in Oct. 2024 was 27.66%.

The historical rank and industry rank for Bank of Montreal's Net Margin % or its related term are showing as below:

BMO' s Net Margin % Range Over the Past 10 Years
Min: 14.22   Med: 22.81   Max: 51.55
Current: 22.84


BMO's Net Margin % is ranked worse than
54.6% of 1533 companies
in the Banks industry
Industry Median: 24.47 vs BMO: 22.84

Bank of Montreal Net Margin % Historical Data

The historical data trend for Bank of Montreal's Net Margin % 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 Net Margin % Chart

Bank of Montreal Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.37 28.82 51.55 14.22 22.84

Bank of Montreal Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Net Margin % Get a 7-Day Free Trial 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 20.57 16.87 23.51 22.87 27.66

Competitive Comparison of Bank of Montreal's Net Margin %

For the Banks - Diversified subindustry, Bank of Montreal's Net Margin %, along with its competitors' market caps and Net Margin % 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's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Bank of Montreal's Net Margin % distribution charts can be found below:

* The bar in red indicates where Bank of Montreal's Net Margin % falls into.



Bank of Montreal Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Bank of Montreal's Net Margin for the fiscal year that ended in Oct. 2024 is calculated as

Net Margin=Net Income (A: Oct. 2024 )/Revenue (A: Oct. 2024 )
=5319.474/23290.688
=22.84 %

Bank of Montreal's Net Margin for the quarter that ended in Oct. 2024 is calculated as

Net Margin=Net Income (Q: Oct. 2024 )/Revenue (Q: Oct. 2024 )
=1672.603/6046.376
=27.66 %

* 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) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Bank of Montreal Net Margin % Related Terms

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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, US 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