BMO Q1 2025 Earnings Report

BMO reported strong revenue growth and higher earnings in Q1 2025, driven by solid performance across all business segments.

Key Takeaways

BMO's Q1 2025 net income increased to $2.138 billion, compared to $1.292 billion in Q1 2024. Revenue grew to $9.266 billion, reflecting higher net interest and non-interest income. Adjusted EPS rose to $3.04 from $2.56. The bank maintained a strong CET1 capital ratio of 13.6%.

Net income increased to $2.138 billion, up from $1.292 billion last year.

Revenue rose to $9.266 billion, reflecting broad-based growth.

Adjusted EPS grew to $3.04, compared to $2.56 in Q1 2024.

Common Equity Tier 1 (CET1) ratio remained strong at 13.6%.

Total Revenue

CA$9.1B

Previous year: CA$7.61B

+19.7%

EPS

CA$2.98

Previous year: CA$2.54

+17.7%

Return on Equity

10.6%

Previous year: 7.2%

+47.2%

CET1 Ratio

13.6%

Previous year: 12.8%

+6.2%

Provision for Credit Losses

CA$1.01B

Previous year: CA$627M

+61.2%

BMO Revenue

BMO EPS

BMO Revenue by Segment

BMO Revenue by Geographic Location

Forward Guidance

BMO remains well-positioned for future growth with strong capital reserves and strategic investments, despite potential credit risks and macroeconomic uncertainties.

Positive Outlook

Strong capital position with a CET1 ratio of 13.6%.
Revenue growth across all major segments.
Resumption of share buyback program.
Adjusted ROE improved to 11.3%.
Continued expansion in U.S. banking operations.

Challenges Ahead

Higher provisions for credit losses impact profitability.
Economic uncertainties could affect loan growth.
Higher operating expenses due to investments and regulatory costs.
Competition in the banking sector remains high.
Interest rate fluctuations may impact net interest margins.