Bank of Montreal (MEX:BMON) Tax Rate %: 24.81% (As of Apr. 2026)

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MEX:BMON Bank of Montreal MEX:BMON
63 GF Score
Price MXN3,080.00
GF Value MXN1,858.42
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Bank of Montreal Tax Rate %?

Bank of Montreal MEX:BMON 63 Tax Rate % is 24.81% as of Apr. 2026. GuruFocus rates MEX:BMON with a GF Score™ of 63/100 and a GF Value™ of MXN1,858.42 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Bank of Montreal's Tax Expense for the three months ended in Apr. 2026 was MXN11,054 Mil. Bank of Montreal's Pre-Tax Income for the three months ended in Apr. 2026 was MXN44,548 Mil. Therefore, Bank of Montreal's Tax Rate % for the quarter that ended in Apr. 2026 was 24.81%.

Bank of Montreal Tax Rate % Related Terms

Bank of Montreal Tax Rate % Historical Data

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The historical data trend for Bank of Montreal's Tax Rate % 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.

Bank of Montreal Tax Rate % Chart

Bank of Montreal Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.41 24.32 25.39 23.16 24.46

Bank of Montreal Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Tax Rate % 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 24.71 24.50 24.26 25.14 24.81
MEX:BMON
63GF Score
Bank of Montreal MEX:BMON
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bank of Montreal Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Bank of Montreal's Tax Rate % for the fiscal year that ended in Oct. 2025 is calculated as

Tax Rate %=Tax Expense (A: Oct. 2025 )/Pre-Tax Income (A: Oct. 2025 )
=37456.293/153139.888
=24.46 %

Bank of Montreal's Tax Rate % for the quarter that ended in Apr. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Apr. 2026 )/Pre-Tax Income (Q: Apr. 2026 )
=11054.22/44547.999
=24.81 %

* 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.

Frequently Asked Questions Learn more about Tax Rate % →
What does a Tax Rate % of 24.81% mean?
Bank of Montreal (MEX:BMON) has a Tax Rate % of 24.81% as of Apr. 2026.
Is Bank of Montreal's Tax Rate % too high?
Bank of Montreal's current Tax Rate % is 24.81%. Overall, Bank of Montreal has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bank of Montreal's Tax Rate % compare to JPM and BAC?
Bank of Montreal's Tax Rate % of 24.81% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Banks company?
A good Tax Rate % depends on the Banks industry context. However, Tax Rate % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Bank of Montreal's current Tax Rate % is 24.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bank of Montreal stock overvalued right now?
Based on GuruFocus' analysis, Bank of Montreal (MEX:BMON) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN1,858.42, compared to a current price of MXN3,080.00 — trading 65.7% above its estimated fair value. The current Tax Rate % is 24.81%. Bank of Montreal's overall GF Score™ is 63/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Bank of Montreal (MEX:BMON), the current Tax Rate % is 24.81% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bank of Montreal (MEX:BMON) Overvalued in 2026?

Based on GuruFocus' analysis, Bank of Montreal stock appears to be overvalued. The current stock price of MXN3,080.00 is trading 65.7% above its estimated GF Value™ of MXN1,858.42. GuruFocus considers Bank of Montreal to be Significantly Overvalued.

Key valuation signals for MEX:BMON:

  • Tax Rate %: 24.81%
  • GF Value™: MXN1,858.42 vs. price of MXN3,080.00 (65.7% above fair value)
  • GF Score™: 63/100 with 8 warning signs

No single metric tells the full story. See the MEX:BMON stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

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 with over CAD 1.47 trillion in assets by the end of fiscal 2025. BMO operates four business segments: Canadian personal and commercial banking, US personal and commercial banking, wealth management, and capital markets. About 60% of BMO's earnings are generated in Canada and 40% in the US.
63GF Score

Get the complete analysis for MEX:BMON

Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN3,080.00
Price
MXN1,858.42
GF Value