NYSE$BMO
Bank of Montreal · Q1 2026 earnings
Q1 2026 earnings · · Before market open · Investor relations
Briefing
BMO reported double-digit earnings growth with improved credit performance and higher return on equity in the first quarter.
BMO delivered strong Q1 2026 results with net income rising 16% year over year to 2489000000 and EPS increasing to 3.39. Revenue reached 9824000000, while provision for credit losses declined significantly, supporting higher profitability and improved return on equity.
- Net income increased 16% year over year to 2489000000.
- Diluted EPS rose 20% to 3.39; adjusted EPS was 3.48.
- Provision for credit losses declined to 746000000 from 1011000000.
- Return on equity improved to 12.1%.
Headline financials
Revenue & EPS history
BMO · Revenue · Quarterly
$7.26B
Forward guidance
The report did not provide specific quantitative financial guidance for upcoming quarters but emphasized continued focus on operational efficiency, disciplined expense management, and capital strength.
Tailwinds
- Strong capital position with CET1 ratio of 13.1%.
- Improving credit performance with lower provisions.
- Double-digit earnings growth year over year.
- Higher return on equity compared to prior year.
- Ongoing operational efficiency initiatives.
Headwinds
- CET1 ratio declined from the prior quarter.
- Exposure to macroeconomic and market volatility.
- Foreign exchange headwinds impacted U.S. earnings.
- Severance and integration costs affected reported results.
- Regulatory and capital requirement uncertainties remain.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 18 quarterly earnings reports · overlaid with Q1 2026
+0.3%
Avg return
Earnings day
+0.4%
Avg return
5 days after
+0.0%
Avg return
30 days after
53%
20 / 38 earnings
Positive
+5.9%
Q3 2020
Best reaction
-5.4%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2026 | — | — | — | |
| Q2 2026 | +0.8% | +0.5% | — | |
| Q1 2026 | +4.0% | -1.2% | +10.1% | |
| Q3 2025 | +4.9% | +6.4% | +13.7% | |
| Q2 2025 | +1.4% | +2.9% | +4.1% | |
| Q1 2025 | -2.1% | +3.0% | -2.8% | |
| Q4 2024 | -0.1% | +5.8% | +0.8% | |
| Q2 2024 | -5.4% | -7.5% | -12.8% | |
| Q4 2023 | +3.6% | +4.3% | +20.2% | |
| Q3 2023 | +2.0% | +2.6% | +1.4% | |
| Q2 2023 | -4.6% | -3.0% | +0.9% | |
| Q1 2023 | -0.5% | -0.3% | -8.4% | |
| Q4 2022 | +1.2% | -3.4% | -7.4% | |
| Q3 2022 | -3.2% | -5.5% | -9.8% | |
| Q2 2022 | -0.5% | +3.1% | -8.3% | |
| Q1 2022 | -0.4% | +0.9% | +3.6% | |
| Q4 2021 | +2.2% | +3.7% | +2.4% | |
| Q3 2021 | +2.0% | -1.1% | -0.3% | |
| Q2 2021 | +0.9% | +2.5% | +2.1% | |
| Q1 2021 | +3.3% | +1.0% | +10.2% | |
| Q4 2020 | +2.6% | +5.6% | +4.6% | |
| Q3 2020 | +5.9% | +8.5% | +0.3% | |
| Q2 2020 | +1.8% | +0.3% | +1.5% | |
| Q1 2020 | -2.5% | -9.3% | -33.5% | |
| Q4 2019 | -1.8% | -0.2% | +2.6% | |
| Q3 2019 | -4.2% | -1.7% | +4.6% | |
| Q2 2019 | -2.1% | -3.8% | -0.8% | |
| Q1 2019 | +2.4% | +3.1% | -0.5% | |
| Q4 2018 | -4.1% | -6.8% | -12.1% | |
| Q3 2018 | +0.2% | -0.0% | +1.0% | |
| Q2 2018 | +1.2% | +1.8% | +0.9% | |
| Q1 2018 | -2.2% | -4.7% | -3.8% | |
| Q4 2017 | -0.3% | +0.2% | +3.8% | |
| Q3 2017 | -2.6% | -2.2% | +2.3% | |
| Q2 2017 | -2.4% | -3.6% | +0.7% | |
| Q1 2017 | -0.3% | +1.4% | -1.3% | |
| Q4 2016 | +2.7% | +8.2% | +9.4% | |
| Q3 2016 | +2.9% | +2.6% | +1.7% | |
| Q2 2016 | +2.5% | +1.2% | -0.9% | |
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