Bank Of Montreal (BMO)
NYSE:BMO
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Earnings Data
Report Date
Aug 25, 2026Before Open (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
2.63Last Year’s EPS
2.28Same Quarter Last Year
Moderate Buy
Based on 10 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented materially positive operating and capital trends: strong adjusted EPS growth (+40%), record PPPT and net income, large ROE and ROTCE improvements, positive operating leverage and clear segment-level momentum (Wealth, Capital Markets, U.S. Banking, Canadian P&C). Management is executing on optimization actions (asset sales, deposit mix changes), returning capital via buybacks and a dividend increase, and investing in digital/AI capabilities. Offsets include elevated PCL in unsecured consumer cards and some sequential NIM pressure from higher liquidity and mix shifts, plus ongoing economic/geopolitical uncertainty. On balance, the positives (earnings, returns, capital actions, diversified fee growth) significantly outweigh the headwinds, supporting a constructive outlook while acknowledging near-term credit and margin sensitivity.Company Guidance
Strong Earnings and EPS Growth
Adjusted EPS of $3.67, up 40% year-over-year; pre-provision pre-tax earnings (PPPT) of $4.4 billion, up 16% year-over-year; management reported record net income of ~$2.7 billion (adjusted) with reported net income of $2.6 billion.
Improved Return Metrics
Return on equity (ROE) of 13.5%, up 370 basis points year-over-year; ROTCE of 17.6%, up 480 basis points; return on assets (ROA) of 73 basis points.
Operating Leverage and Efficiency Gains
Positive operating leverage of 4.1%; efficiency ratio improved to 54.4%; total expenses up 6% (3% ex-FX and performance compensation) while delivering positive operating leverage.
Capital Strength and Shareholder Returns
CET1 ratio strong at 13% (at the higher end of target range); internal capital generation added ~30 basis points this quarter; announced sale of transportation & vendor finance businesses expected to add ~28 basis points to CET1; repurchased 6 million shares and raised the dividend by 5% to $1.71.
Wealth & Asset Management Outperformance
Wealth Management delivered record earnings, up 39% year-over-year; assets under management (AUM) up 30%; mutual fund sales up 49% year-over-year and continued ETF market share gains (20 ETFs recognized in Globe and Mail ranking).
Capital Markets Momentum
Capital Markets PPPT of $900 million (record), with net income up 46% year-over-year and revenue up 19%; strength driven by equities trading, underwriting and advisory fees, including a #1 ECM ranking in Canada and leadership in Metals & Mining transactions.
U.S. Banking Improvement and Loan Growth
U.S. Banking ROE expanded to 9.3%, up 220 basis points year-over-year; record PPPT of $924 million (up ~9%); sequential commercial loan growth in the U.S. of ~4% point-to-point and core retail operating deposits up 4%.
Canadian P&C and TPS Strength
Canadian Personal & Commercial: core operating deposits up 7% (retail) and 8% (commercial) year-over-year; Canadian Commercial new client growth up 18% and loan growth up 2% year-over-year; Treasury & Payment Solutions (TPS) fees up ~12% and over 2,500 new business banking accounts added across Canada & U.S. year-to-date.
Strategic Innovation and Digital Initiatives
Launched AI and digital initiatives including 24/7 tokenized cash capability partnership (CME Group & Google Cloud) and the BMO Institute for AI and Quantum; ranked #1 in eMarketer's 2026 Canada Mobile Banking features benchmark for the third consecutive year.
BMO Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
BMO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 27, 2026 | $161.84 | $163.13 | +0.80% |
Feb 25, 2026 | $141.15 | $146.94 | +4.10% |
Dec 04, 2025 | $124.64 | $124.57 | -0.06% |
Aug 26, 2025 | $110.83 | $116.31 | +4.94% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Bank Of Montreal (BMO) report earnings?
Bank Of Montreal (BMO) is schdueled to report earning on Aug 25, 2026, Before Open (Confirmed).
What is Bank Of Montreal (BMO) earnings time?
Bank Of Montreal (BMO) earnings time is at Aug 25, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BMO EPS forecast?
BMO EPS forecast for the fiscal quarter 2026 (Q3) is 2.63.
