Bank of Montreal

BMO

Market cap $102B

Canada's six biggest banks exceeded profit forecasts this week in results boosted by wealth management and fee-based income, underlining the resilience of the country's economy to the impact of U.S. tariffs and broader policy uncertainty.

Bank of Montreal (BMO:CA) Q1 2026 Earnings Call Transcript

Bank of Montreal logged a stronger-than-expected rise in earnings for the latest quarter on the back of strong fee growth in its markets-facing businesses.

TORONTO, Feb. 25, 2026 /PRNewswire/ - Bank of Montreal (TSX: BMO) (NYSE: BMO) today announced that its Board of Directors declared a quarterly dividend of $1.67 per share on paid-up common shares of Bank of Montreal for the second quarter of fiscal year 2026, unchanged from the prior quarter. The Board of Directors also declared dividends of: $0.426 per share on paid-up Class B Preferred Shares Series 44; $36.865 per share on paid-up Class B Preferred Shares Series 50(1); and $35.285 per share on paid-up Class B Preferred Shares Series 52(1).

BMO's First Quarter 2026 Report to Shareholders, including the unaudited interim consolidated financial statements for the period ended January 31, 2026, are available online at www.bmo.com/investorrelations , on the Canadian Securities Administrators' website at www.sedarplus.ca , and on the EDGAR section of the U.S. Securities and Exchange Commission's website at www.sec.gov . Financial Results Highlights First Quarter 2026 compared with First Quarter 2025: Reported net income1 of $2,489 million, an increase of 16% from $2,138 million; adjusted net income1 of $2,551 million, an increase of 11% from $2,289 million Reported earnings per share (EPS)2 of $3.39, an increase of 20% from $2.83; adjusted EPS1, 2 of $3.48, an increase of 15% from $3.04 Provision for credit losses (PCL) of $746 million, a decrease from $1,011 million Reported return on equity (ROE) of 12.1%, compared with 10.6%; adjusted ROE1 of 12.4%, compared with 11.3% Common Equity Tier 1 (CET1) Ratio3 of 13.1%, compared with 13.6% TORONTO, Feb. 25, 2026 /PRNewswire/ - BMO Financial Group (TSX:BMO) (NYSE:BMO) reported net income for the first quarter ended January 31, 2026 was $2,489 million, compared with $2,138 million in the prior year, and EPS of $3.39, compared with $2.83.

WTBA, BMO and NABZY made it to the Zacks Rank #1 (Strong Buy) income stocks list on February 20th, 2026.

Bank of Montreal (BMO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.

Bank of Montreal (BMO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Bank of Montreal (BMO) have what it takes?