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Apr 30
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BMO Q2 2025 Earnings Report

BMO reported higher net income and EPS compared to the same quarter last year, supported by strong revenue across all segments.

Key Takeaways

BMO Financial Group posted a strong Q2 2025, with gains in net income and EPS over the prior year. All operating segments contributed to revenue growth, despite increased credit loss provisions. The bank's capital position remains solid, enabling dividend increases and share buybacks.

Reported net income increased to CAD$1.96B from CAD$1.87B in Q2 2024.

Adjusted EPS rose to CAD$2.62 from CAD$2.59 in the same quarter last year.

Provision for credit losses increased significantly to CAD$1.054B.

The Common Equity Tier 1 (CET1) Ratio improved to 13.5%.

Total Revenue
CA$8.64B
Previous year: CA$8.05B
+7.4%
EPS
CA$2.6
Previous year: CA$2.61
-0.4%
Return on Equity
9.4%
Previous year: 9.9%
-5.1%
CET1 Ratio
13.5%
Previous year: 13.1%
+3.1%
Provision for Credit Losses
CA$1.05B
Previous year: CA$705M
+49.5%

BMO

BMO

Forward Guidance

BMO is focused on rebuilding ROE and optimizing its balance sheet amid economic uncertainty.

Positive Outlook

  • Strong capital position with CET1 at 13.5%
  • Dividend increased to CAD$1.63 per share
  • Share buybacks of 7 million shares
  • Revenue growth across all operating groups
  • Moderation in impaired credit provisions

Challenges Ahead

  • Higher provision for credit losses on performing loans
  • Lower ROE compared to previous year
  • Decline in Capital Markets net income
  • Pressure from operating expenses
  • Continued impact of economic outlook on loan performance