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Side-by-side financial comparison of BANK OF MONTREAL (BMO) and VersaBank (VBNK). Click either name above to swap in a different company.
BANK OF MONTREAL is the larger business by last-quarter revenue ($7.2B vs $26.7M, roughly 269.0× VersaBank). VersaBank runs the higher net margin — 30.3% vs 25.3%, a 5.0% gap on every dollar of revenue.
The Bank of Montreal, abbreviated as BMO, is a Canadian multinational investment bank and financial services company.
VersaBank is a Canada-based digital-first financial institution offering commercial lending, high-interest deposit accounts and customized financial services for SMEs, retail clients and institutional partners across North America. It operates no physical branches, using secure digital infrastructure to deliver efficient, cost-effective banking experiences.
BMO vs VBNK — Head-to-Head
Income Statement — Q1 2026 vs Q1 2026
| Metric | | |
|---|---|---|
| Revenue | $7.2B | $26.7M |
| Net Profit | $1.8B | $8.1M |
| Gross Margin | — | — |
| Operating Margin | — | — |
| Net Margin | 25.3% | 30.3% |
| Revenue YoY | — | 31.2% |
| Net Profit YoY | — | 35.9% |
| EPS (diluted) | — | — |
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.
| Q1 26 | $7.2B | $26.7M | ||
| Q3 25 | $6.6B | $23.1M | ||
| Q2 25 | $6.3B | $22.0M | ||
| Q1 25 | — | $20.3M | ||
| Q4 24 | — | $29.2K | ||
| Q3 24 | — | $19.7M | ||
| Q2 24 | — | $20.8M | ||
| Q1 24 | — | $21.1M |
| Q1 26 | $1.8B | $8.1M | ||
| Q3 25 | $1.7B | $4.8M | ||
| Q2 25 | $1.4B | $6.2M | ||
| Q1 25 | — | $5.9M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $7.1M | ||
| Q2 24 | — | $8.6M | ||
| Q1 24 | — | $9.3M |
| Q1 26 | 25.3% | 30.3% | ||
| Q3 25 | 25.9% | 20.8% | ||
| Q2 25 | 22.6% | 28.3% | ||
| Q1 25 | — | 29.3% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 35.9% | ||
| Q2 24 | — | 41.5% | ||
| Q1 24 | — | 44.0% |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $49.2B | $458.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $62.6B | $396.4M |
| Total Assets | $1064.4B | $4.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $49.2B | $458.4M | ||
| Q3 25 | $42.8B | $336.0M | ||
| Q2 25 | $47.7B | $248.3M | ||
| Q1 25 | — | $282.3M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $181.0M | ||
| Q2 24 | — | $145.1M | ||
| Q1 24 | — | $93.1M |
| Q1 26 | $62.6B | $396.4M | ||
| Q3 25 | $63.3B | $385.5M | ||
| Q2 25 | $62.7B | $385.7M | ||
| Q1 25 | — | $380.5M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $298.6M | ||
| Q2 24 | — | $292.1M | ||
| Q1 24 | — | $284.0M |
| Q1 26 | $1064.4B | $4.5B | ||
| Q3 25 | $1045.0B | $4.0B | ||
| Q2 25 | $1051.4B | $3.7B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | — | $226.3K | ||
| Q3 24 | — | $3.3B | ||
| Q2 24 | — | $3.2B | ||
| Q1 24 | — | $3.1B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.3B | $40.6M |
| Free Cash FlowOCF − Capex | $1.0B | — |
| FCF MarginFCF / Revenue | 14.4% | — |
| Capex IntensityCapex / Revenue | 3.9% | — |
| Cash ConversionOCF / Net Profit | 0.72× | 5.03× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.3B | $40.6M | ||
| Q3 25 | $-3.1B | — | ||
| Q2 25 | $-2.3B | — | ||
| Q1 25 | — | $-65.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $-13.2M |
| Q1 26 | $1.0B | — | ||
| Q3 25 | $-3.4B | — | ||
| Q2 25 | $-2.7B | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q1 26 | 14.4% | — | ||
| Q3 25 | -51.3% | — | ||
| Q2 25 | -41.8% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q1 26 | 3.9% | — | ||
| Q3 25 | 4.5% | — | ||
| Q2 25 | 5.1% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q1 26 | 0.72× | 5.03× | ||
| Q3 25 | -1.81× | — | ||
| Q2 25 | -1.63× | — | ||
| Q1 25 | — | -10.94× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | -1.43× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
