NYSE$BMO
Bank of Montreal · Q2 2026 earnings
Q2 2026 earnings · · Before market open · Investor relations
Briefing
Bank of Montreal reported strong second quarter 2026 results with reported net income of CAD 2.63 billion, up 34% year-over-year.
BMO Financial Group reported Q2 2026 net income of CAD 2,630 million (reported) and CAD 2,733 million (adjusted), with EPS of CAD 3.53 (reported) and CAD 3.67 (adjusted). Results showed broad-based revenue growth, improved ROE to 13.0% (reported)/13.5% (adjusted), lower provisions for credit losses, and a CET1 ratio of 13.0%. The bank also increased its dividend by 5% and repurchased shares.
- Reported net income rose 34% to CAD 2,630 million and adjusted net income rose 34% to CAD 2,733 million.
- Reported EPS increased 41% to CAD 3.53 and adjusted EPS increased 40% to CAD 3.67.
- ROE improved to 13.0% (reported) and 13.5% (adjusted), up from 9.4% and 9.8% respectively.
- CET1 ratio stood at 13.0%; quarterly dividend raised 5% to CAD 1.71 per share.
Headline financials
Revenue & EPS history
BMO · Revenue · Quarterly
C$6.92B
Forward guidance
Management highlighted continued momentum in ROE and EPS growth, with focus on client relationships, innovation including AI, and disciplined capital management. A planned sale of certain finance businesses is expected to result in a CAD 1.1 billion pre-tax charge in Q3.
Tailwinds
- Strong fee revenue growth across segments
- Solid commercial loan growth in Canada and U.S.
- Improved operating leverage
Headwinds
- Expected CAD 1.1 billion pre-tax charge from business sale in Q3 2026
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 Q2 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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