Strong Earnings Growth
BMO reported an adjusted EPS of $3.28 for Q4 2025, up significantly from $1.90 last year, with net income of $2.5 billion driven by strong PPPT growth of 16% and lower PCLs.
Increased Return on Equity
Full year ROE increased by 150 basis points from 9.8% to 11.3%, with Q4 momentum at 11.8%.
Record Net Income
Record net income of $9.2 billion for the year, with EPS growth of 26%.
Positive Operating Leverage
Achieved positive operating leverage of 4% for the year, with an efficiency ratio improvement of 230 basis points to 56.3%.
Capital Optimization and Shareholder Returns
Returned over $8 billion in capital to shareholders through buybacks and dividends, with a dividend increase of $0.04 to $1.67 per share.
Digital and AI Strategy
Introduced AI productivity tools to all employees, with over 80% active users, and implemented Gen AI tools like Lumi and Rover to enhance customer service.
Strong Wealth Management Performance
Wealth Management had a very strong year with record revenues and net income, driven by client asset growth and market conditions.