Below are the financial statements of Bank of Montreal, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
All figures in billions of CAD | 2024 as of 2024-10-31 | 2023 as of 2023-10-31 |
---|---|---|
Assets | — | — |
Cash and cash equivalents | 65.1a | 77.93a |
Interest bearing deposits with banks | 3.64a | 4.11a |
Trading | 168.93a | 123.72a |
Fair value through profit or loss | 19.06a | 16.73a |
Fair value through other comprehensive income | 93.7a | 62.82a |
Debt securities at amortized cost | 115.19a | 116.81a |
Securities | 396.88a | 320.08a |
Securities borrowed or purchased under resale agreements | 110.91a | 115.66a |
Residential mortgages | 191.08a | 177.25a |
Consumer instalment and other personal | 92.69a | 104.04a |
Credit cards | 13.61a | 12.29a |
Business and government | 384.99a | 366.89a |
Loans | 682.37a | 660.47a |
Allowance for credit losses | -4.36a | -3.81a |
Derivative instruments | 47.25a | 39.98a |
Customers’ liability under acceptances | 0.36a | 8.11a |
Premises and equipment | 6.25a | 6.24a |
Goodwill | 16.77a | 16.73a |
Intangible assets | 4.93a | 5.22a |
Current tax assets | 2.22a | 2.05a |
Deferred tax assets | 3.02a | 3.42a |
Receivable from brokers, dealers and clients | 31.92a | 53a |
Other | 42.39a | 37.81a |
Other assets | 155.11a | 172.55a |
Total assets | 1,409.65a | 1,347.01a |
Liabilities and equity | — | — |
Deposits | 982.44a | 910.88a |
Derivative instruments | 58.3a | 50.19a |
Acceptances | 0.36a | 8.11a |
Securities sold but not yet purchased | 35.03a | 43.77a |
Securities lent or sold under repurchase agreements | 110.79a | 106.11a |
Securitization and structured entities’ liabilities | 40.16a | 27.09a |
Insurance-related liabilities | 18.77a | 14.46a |
Payable to brokers, dealers and clients | 34.41a | 53.75a |
Other | 36.72a | 48.28a |
Other liabilities | 334.54a | 351.78a |
Subordinated debt | 8.38a | 8.23a |
Total liabilities | 1,325.36a | 1,270.88a |
Equity | — | — |
Preferred shares and other equity instruments | 8.09a | 6.96a |
Common shares | 23.92a | 22.94a |
Contributed surplus | 0.35a | 0.33a |
Retained earnings | 46.47a | 44.01a |
Accumulated other comprehensive income | 5.42a | 1.86a |
Total shareholders’ equity | 84.25a | 76.1a |
Non-controlling interest in subsidiaries | 0.04a | 0.03a |
Total equity | 84.29a | 76.12a |
Total liabilities and equity | 1,409.65a | 1,347.01a |
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