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Side-by-side financial comparison of BANK OF MONTREAL (BMO) and PG&E Corporation (PCG). Click either name above to swap in a different company.

BANK OF MONTREAL is the larger business by last-quarter revenue ($7.2B vs $6.9B, roughly 1.0× PG&E Corporation). BANK OF MONTREAL runs the higher net margin — 25.3% vs 12.9%, a 12.5% gap on every dollar of revenue.

The Bank of Montreal, abbreviated as BMO, is a Canadian multinational investment bank and financial services company.

Pacific Gas and Electric Company (PG&E) is an American investor-owned utility (IOU). The company is headquartered at Kaiser Center, in Oakland, California. PG&E provides natural gas and electricity to 5.2 million households in the northern two-thirds of California, from Bakersfield and northern Santa Barbara County, almost to the Oregon and Nevada state lines.

BMO vs PCG — Head-to-Head

Bigger by revenue
BMO
BMO
1.0× larger
BMO
$7.2B
$6.9B
PCG
Higher net margin
BMO
BMO
12.5% more per $
BMO
25.3%
12.9%
PCG

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BMO
BMO
PCG
PCG
Revenue
$7.2B
$6.9B
Net Profit
$1.8B
$885.0M
Gross Margin
Operating Margin
21.4%
Net Margin
25.3%
12.9%
Revenue YoY
15.0%
Net Profit YoY
39.6%
EPS (diluted)
$0.39

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BMO
BMO
PCG
PCG
Q1 26
$7.2B
$6.9B
Q4 25
$6.8B
Q3 25
$6.6B
$6.3B
Q2 25
$6.3B
$5.9B
Q1 25
$6.0B
Q4 24
$6.6B
Q3 24
$5.9B
Q2 24
$6.0B
Net Profit
BMO
BMO
PCG
PCG
Q1 26
$1.8B
$885.0M
Q4 25
$670.0M
Q3 25
$1.7B
$850.0M
Q2 25
$1.4B
$549.0M
Q1 25
$634.0M
Q4 24
$674.0M
Q3 24
$579.0M
Q2 24
$524.0M
Operating Margin
BMO
BMO
PCG
PCG
Q1 26
21.4%
Q4 25
18.0%
Q3 25
19.3%
Q2 25
18.6%
Q1 25
20.4%
Q4 24
15.4%
Q3 24
17.3%
Q2 24
18.9%
Net Margin
BMO
BMO
PCG
PCG
Q1 26
25.3%
12.9%
Q4 25
9.8%
Q3 25
25.9%
13.6%
Q2 25
22.6%
9.3%
Q1 25
10.6%
Q4 24
10.2%
Q3 24
9.7%
Q2 24
8.8%
EPS (diluted)
BMO
BMO
PCG
PCG
Q1 26
$0.39
Q4 25
$0.29
Q3 25
$0.37
Q2 25
$0.24
Q1 25
$0.28
Q4 24
$0.30
Q3 24
$0.27
Q2 24
$0.24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BMO
BMO
PCG
PCG
Cash + ST InvestmentsLiquidity on hand
$49.2B
Total DebtLower is stronger
Stockholders' EquityBook value
$62.6B
Total Assets
$1064.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BMO
BMO
PCG
PCG
Q1 26
$49.2B
Q4 25
$713.0M
Q3 25
$42.8B
$404.0M
Q2 25
$47.7B
$494.0M
Q1 25
$2.0B
Q4 24
$940.0M
Q3 24
$895.0M
Q2 24
$1.3B
Total Debt
BMO
BMO
PCG
PCG
Q1 26
Q4 25
$57.4B
Q3 25
Q2 25
Q1 25
Q4 24
$53.6B
Q3 24
Q2 24
Stockholders' Equity
BMO
BMO
PCG
PCG
Q1 26
$62.6B
Q4 25
$32.5B
Q3 25
$63.3B
$32.0B
Q2 25
$62.7B
$31.2B
Q1 25
$30.7B
Q4 24
$30.1B
Q3 24
$26.8B
Q2 24
$26.3B
Total Assets
BMO
BMO
PCG
PCG
Q1 26
$1064.4B
Q4 25
$141.6B
Q3 25
$1045.0B
$138.2B
Q2 25
$1051.4B
$136.4B
Q1 25
$135.4B
Q4 24
$133.7B
Q3 24
$132.3B
Q2 24
$130.8B
Debt / Equity
BMO
BMO
PCG
PCG
Q1 26
Q4 25
1.76×
Q3 25
Q2 25
Q1 25
Q4 24
1.78×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BMO
BMO
PCG
PCG
Operating Cash FlowLast quarter
$1.3B
Free Cash FlowOCF − Capex
$1.0B
FCF MarginFCF / Revenue
14.4%
Capex IntensityCapex / Revenue
3.9%
Cash ConversionOCF / Net Profit
0.72×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BMO
BMO
PCG
PCG
Q1 26
$1.3B
Q4 25
$2.0B
Q3 25
$-3.1B
$2.9B
Q2 25
$-2.3B
$1.1B
Q1 25
$2.8B
Q4 24
$1.9B
Q3 24
$3.1B
Q2 24
$711.0M
Free Cash Flow
BMO
BMO
PCG
PCG
Q1 26
$1.0B
Q4 25
$-1.2B
Q3 25
$-3.4B
$-80.0M
Q2 25
$-2.7B
$-2.0B
Q1 25
$213.0M
Q4 24
$-896.0M
Q3 24
$526.0M
Q2 24
$-1.6B
FCF Margin
BMO
BMO
PCG
PCG
Q1 26
14.4%
Q4 25
-17.6%
Q3 25
-51.3%
-1.3%
Q2 25
-41.8%
-34.0%
Q1 25
3.6%
Q4 24
-13.5%
Q3 24
8.9%
Q2 24
-26.5%
Capex Intensity
BMO
BMO
PCG
PCG
Q1 26
3.9%
Q4 25
46.4%
Q3 25
4.5%
46.9%
Q2 25
5.1%
52.0%
Q1 25
44.0%
Q4 24
42.6%
Q3 24
43.8%
Q2 24
38.4%
Cash Conversion
BMO
BMO
PCG
PCG
Q1 26
0.72×
Q4 25
2.93×
Q3 25
-1.81×
3.35×
Q2 25
-1.63×
1.93×
Q1 25
4.49×
Q4 24
2.87×
Q3 24
5.41×
Q2 24
1.36×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BMO
BMO

Segment breakdown not available.

PCG
PCG

Electric$5.0B72%
Other$1.9B28%

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