The Bank of Montreal (BMO) Financial Performance Overview

• Earnings Per Share (EPS) of $1.91, surpassing the estimated $1.84.
• Revenue of $6.32 billion, below the expected $8.71 billion.
• Net income increased to $1.962 billion for Q2 2025, with a year-to-date net income of $4.1 billion.

The Bank of Montreal (NYSE:BMO) is a prominent financial institution in Canada, providing a comprehensive range of banking services. It operates across various sectors, including personal and commercial banking, wealth management, and capital markets, competing with other large Canadian banks such as Royal Bank of Canada and Toronto-Dominion Bank.

On May 28, 2025, BMO reported an Earnings Per Share (EPS) of $1.91, exceeding the estimated $1.84. However, the company's revenue of $6.32 billion did not meet the expected $8.71 billion. This performance is consistent with BMO's recent trend of surpassing consensus EPS estimates in one out of the past four quarters.

Despite the shortfall in revenue, BMO's net income for the second quarter of 2025 rose to $1.962 billion from $1.866 billion in the same quarter the previous year. The adjusted net income also saw a slight increase, reaching $2.046 billion. This growth was bolstered by the strong performance of BMO's wealth management division, leading to an increase in its dividend.

BMO's provision for credit losses (PCL) saw a significant increase to $1.054 billion, up from $705 million, reflecting the bank's cautious stance towards potential loan defaults. Despite this, BMO's Common Equity Tier 1 (CET1) Ratio improved to 13.5%, indicating a robust capital position.

For the year-to-date 2025, BMO reported a net income of $4.1 billion, an increase from $3.158 billion in the same period of 2024. The reported EPS for the year-to-date was $5.34, up from $4.08. These results underscore BMO's strong revenue and pre-provision, pre-tax earnings performance, despite the challenges in meeting revenue expectations.