XML 64 R21.htm IDEA: XBRL DOCUMENT
v3.25.3

Deposits | 12 Months Ended
--- | ---
Oct. 31, 2025
Text Block [Abstract] |
Deposits | Note 12: Deposits
|  | Payable on demand |  |  |  |  |  |  |  |  |  |  |  |  |
(Canadian $ in millions) |  | Interest bearing |  |  | Non-interest bearing |  |  | Payable after notice (1) |  |  | Payable on a fixed date (2) (3) |  |  | 2025 |  |  | 2024 |
Amortized cost deposits by: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Banks (4) |  | $ | 5,058 |  |  | $ | 1,963 |  |  | $ | 1,396 |  |  | $ | 19,204 |  |  | $ | 27,621 |  |  | $ | 32,546 |
Business and government (5) |  |  | 80,445 |  |  |  | 42,847 |  |  |  | 219,450 |  |  |  | 242,755 |  |  |  | 585,497 |  |  |  | 575,019 |
Individuals (5) |  |  | 3,790 |  |  |  | 37,425 |  |  |  | 153,380 |  |  |  | 112,327 |  |  |  | 306,922 |  |  |  | 320,767 |
Total amortized cost deposits |  |  | 89,293 |  |  |  | 82,235 |  |  |  | 374,226 |  |  |  | 374,286 |  |  |  | 920,040 |  |  |  | 928,332 |
Deposits at FVTPL |  |  | – |  |  |  | – |  |  |  | – |  |  |  | 56,162 |  |  |  | 56,162 |  |  |  | 54,108 |
Total (6) |  | $ | 89,293 |  |  | $ | 82,235 |  |  | $ | 374,226 |  |  | $ | 430,448 |  |  | $ | 976,202 |  |  | $ | 982,440 |
Booked in: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Canada |  | $ | 76,415 |  |  | $ | 71,323 |  |  | $ | 167,666 |  |  | $ | 305,454 |  |  | $ | 620,858 |  |  | $ | 618,141 |
United States |  |  | 12,769 |  |  |  | 10,912 |  |  |  | 204,183 |  |  |  | 77,608 |  |  |  | 305,472 |  |  |  | 314,066 |
Other countries |  |  | 109 |  |  |  | – |  |  |  | 2,377 |  |  |  | 47,386 |  |  |  | 49,872 |  |  |  | 50,233 |
Total |  | $ | 89,293 |  |  | $ | 82,235 |  |  | $ | 374,226 |  |  | $ | 430,448 |  |  | $ | 976,202 |  |  | $ | 982,440 |
| (1) | Includes $43,766 million of non-interest bearing deposits as at October 31, 2025 ($44,617 million as at October 31, 2024).
| (2) | Includes $62,843 million of senior unsecured debt as at October 31, 2025 subject to the Bank Recapitalization (Bail-In) regime ($65,986 million as at October 31, 2024). The Bail-In regime provides certain statutory powers to the Canada Deposit Insurance Corporation, including the ability to convert specified eligible shares and liabilities into common shares if the bank becomes non-viable.
| (3) | We have unencumbered liquid assets of $393,535 million as at October 31, 2025 to support these and other deposit liabilities ($396,338 million as at October 31, 2024).
| (4) | Includes regulated and central banks.
| (5) | The carrying value of deposits that are part of fair value hedging relationships are adjusted for related gains (losses) on hedge contracts.
| (6) | Included in deposits as at October 31, 2025 and 2024 are $508,058 million and $521,160 million, respectively, of deposits denominated in U.S. dollars, and $59,697 million and $54,397 million, respectively, of deposits denominated in other foreign currencies.
Deposits are measured at amortized cost, except structured notes, money market deposits and metals deposits, which are measured at FVTPL. Deposits payable on demand are comprised primarily of our customers’ chequing accounts, on some of which we pay interest. Our customers do not need to notify us prior to withdrawing money from their chequing accounts. Deposits payable after notice are comprised primarily of our customers’ savings accounts, on which we pay interest. Deposits payable on a fixed date comprise :
• |  | Various investment instruments purchased by our customers to earn interest over a fixed period, such as retail and small business term deposits, wholesale funding and guaranteed investment certificates. Deposits totalling $27,819 million as at October 31, 2025 ($29,136 million as at October 31, 2024) can be redeemed early, either fully or partially, by customers without penalty.
• |  | Commercial paper, which totalled $43,617 million as at October 31, 2025 ($51,500 million as at October 31, 2024).
• |  | Covered bonds, which totalled $24,053 million as at October 31, 2025 ($26,957 million as at October 31, 2024).
The following table presents deposits payable on a fixed date and greater than one hundred thousand dollars:
(Canadian $ in millions) |  | Canada |  |  | United States |  |  | Other |  |  | Total |
As at October 31, 2025 |  | $ | 259,670 |  |  | $ | 69,206 |  |  | $ | 47,386 |  |  | $ | 376,262 |
As at October 31, 2024 |  |  | 285,555 |  |  |  | 77,313 |  |  |  | 48,086 |  |  |  | 410,954 |
The following table presents the maturity schedule for deposits payable on a fixed date and greater than one hundred thousand dollars that are booked in Canada:
(Canadian $ in millions) |  | Less than 3 months |  |  | 3 to 6 months |  |  | 6 to 12 months |  |  | Over 12 months |  |  | Total |
As at October 31, 2025 |  | $ | 51,591 |  |  | $ | 32,105 |  |  | $ | 56,129 |  |  | $ | 119,845 |  |  | $ | 259,670 |
As at October 31, 2024 |  |  | 63,442 |  |  |  | 33,704 |  |  |  | 62,674 |  |  |  | 125,735 |  |  |  | 285,555 |
Deposits Designated at FVTPL Our deposits designated at FVTPL include structured note liabilities, money market and metals deposits. This designation aligns the accounting result with the way the portfolio is managed. We also include the value of embedded options related to certain structured deposits which are carried at amortized cost. The change in fair value of these deposits is recorded in non-interest revenue, trading revenues, in our Consolidated Statement of Income, with the changes in fair value due to own credit risk recognized in other comprehensive income. The impact of changes in our own credit risk is measured based on movements in our own credit spread year over year.
(Canadian $ in millions) |  | Fair value |  |  | Notional amount due at contractual maturity |  |  | Difference between fair value and amount due at contractual maturity |  |  | Change in fair value – (losses) recorded in the Consolidated Statement of Income (1) |  |  | Change in fair value – (losses) due to own credit risk recorded in OCI (before tax) |  |  | Cumulative change in fair value – gains (losses) due to own credit risk recognized in AOCI (before tax) |
As at October 31, 2025 |  | $ | 56,162 |  |  | $ | 57,743 |  |  | $ | (1,581 | ) |  | $ | (1,313 | ) |  | $ | (365 | ) |  | $ | (341 | )
As at October 31, 2024 |  |  | 54,108 |  |  |  | 56,300 |  |  |  | (2,192 | ) |  |  | (4,815 | ) |  |  | (841 | ) |  |  | 24 |
| (1) | Change in fair value may be offset by the related change in fair value on hedge contracts.

X
- References No definition available. + Details
Name: | bmo_TextBlockAbstract
Namespace Prefix: | bmo_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The disclosure of deposits from customers. [Refer: Deposits from customers] + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Name IAS -Number 1 -IssueDate 2024-01-01 -Paragraph 10 -Subparagraph e -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=1&code=ifrs-tx-2024-en-r&anchor=para_10_e&doctype=Standard -URIDate 2024-03-27 + Details
Name: | ifrs-full_DisclosureOfDepositsFromCustomersExplanatory
Namespace Prefix: | ifrs-full_
Data Type: | dtr-2022:textBlockItemType
Balance Type: | na
Period Type: | duration