Bank Historical Income Statement
| BMO Stock | USD 92.84 0.98 1.04% |
Historical analysis of Bank of Montreal income statement accounts such as Interest Expense of 0.0, Selling General Administrative of 39.7 B or Total Revenue of 54.9 B can show how well Bank of Montreal performed in making a profits. Evaluating Bank of Montreal income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Bank of Montreal's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Bank of Montreal latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Bank of Montreal is a good buy for the upcoming year.
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About Bank Income Statement Analysis
Bank of Montreal Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Bank of Montreal shareholders. The income statement also shows Bank investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Bank of Montreal Income Statement Chart
Bank of Montreal Income Statement is one of the three primary financial statements used for reporting Bank's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Bank of Montreal revenue and expense. Bank of Montreal Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Bank of Montreal reported last year Total Operating Expenses of (27.2 Billion). As of the 25th of April 2024, Total Other Income Expense Net is likely to grow to about 14.5 M, while Interest Expense is likely to drop 0.00. Add Fundamental
Total Revenue
Total revenue comprises all receipts Bank of Montreal generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Bank of Montreal. It is also known as Bank of Montreal overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Bank of Montreal operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Bank of Montreal is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Most accounts from Bank of Montreal's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Bank of Montreal current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Montreal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. To learn how to invest in Bank Stock, please use our How to Invest in Bank of Montreal guide.Bank of Montreal reported last year Total Operating Expenses of (27.2 Billion). As of the 25th of April 2024, Total Other Income Expense Net is likely to grow to about 14.5 M, while Interest Expense is likely to drop 0.00.
| 2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 28.9B | 5.9B | 6.7B | 11.1B | Other Operating Expenses | 28.4B | 27.2B | 31.3B | 32.8B |
Bank of Montreal income statement Correlations
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Bank of Montreal Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Bank of Montreal income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 1.4B | 1.4B | 1.4B | 2.1B | 2.4B | 2.5B | |
| Selling General Administrative | 11.1B | 9.7B | 9.7B | 8.1B | 13.5B | 39.7B | |
| Total Revenue | 25.3B | 25.0B | 26.9B | 520M | 33.1B | 54.9B | |
| Other Operating Expenses | 18.7B | 16.7B | 28.4B | 27.2B | 31.3B | 32.8B | |
| Operating Income | 6.3B | 10.3B | 28.9B | 5.9B | 6.7B | 11.1B | |
| Ebit | 7.3B | 6.3B | 10.3B | 28.9B | 5.9B | 11.6B | |
| Ebitda | 7.8B | 11.7B | 30.3B | 8.0B | 9.1B | 11.9B | |
| Income Before Tax | 7.3B | 6.3B | 10.3B | 17.9B | 5.9B | 4.9B | |
| Total Other Income Expense Net | 6.2B | 10.0B | (11.0B) | 12M | 13.8M | 14.5M | |
| Net Income | 5.8B | 5.1B | 7.8B | 13.5B | 4.4B | 3.7B | |
| Income Tax Expense | 1.5B | 1.3B | 2.5B | 4.3B | 1.5B | 1.2B | |
| Net Income From Continuing Ops | 5.8B | 5.1B | 7.8B | 13.5B | 4.4B | 2.7B | |
| Net Income Applicable To Common Shares | 5.5B | 4.9B | 7.5B | 13.3B | 4.0B | 3.9B | |
| Tax Provision | 1.3B | 2.5B | 4.3B | 1.5B | 1.7B | 2.0B | |
| Net Interest Income | 14.0B | 14.3B | 15.9B | 18.7B | 21.5B | 14.3B | |
| Interest Income | 23.3B | 19.9B | 26.9B | 55.6B | 63.9B | 67.1B | |
| Reconciled Depreciation | 1.4B | 1.4B | 1.4B | 2.1B | 2.4B | 1.4B |
Pair Trading with Bank of Montreal
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Bank of Montreal position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Bank of Montreal will appreciate offsetting losses from the drop in the long position's value.Moving together with Bank Stock
| 0.85 | RY | Royal Bank Financial Report 23rd of May 2024 | PairCorr |
The ability to find closely correlated positions to Bank of Montreal could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Bank of Montreal when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Bank of Montreal - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Bank of Montreal to buy it.
The correlation of Bank of Montreal is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Bank of Montreal moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Bank of Montreal moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Bank of Montreal can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Bank of Montreal. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population. To learn how to invest in Bank Stock, please use our How to Invest in Bank of Montreal guide.You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Bank Stock analysis
When running Bank of Montreal's price analysis, check to measure Bank of Montreal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank of Montreal is operating at the current time. Most of Bank of Montreal's value examination focuses on studying past and present price action to predict the probability of Bank of Montreal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of Montreal's price. Additionally, you may evaluate how the addition of Bank of Montreal to your portfolios can decrease your overall portfolio volatility.
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Is Bank of Montreal's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bank of Montreal. If investors know Bank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bank of Montreal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 11.567 | Dividend Share 5.88 | Earnings Share 5.31 | Revenue Per Share 43.463 | Quarterly Revenue Growth 0.443 |
The market value of Bank of Montreal is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of Montreal's value that differs from its market value or its book value, called intrinsic value, which is Bank of Montreal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bank of Montreal's market value can be influenced by many factors that don't directly affect Bank of Montreal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bank of Montreal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of Montreal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of Montreal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.