BMO vs VBNK
Bank of Montreal and VersaBank, side by side — 6 fiscal years reported in CAD, drawn from SEC filings.
Most recent reported year
| Metric | BMO | VBNK |
|---|---|---|
| Revenue | CAD 36.3B | CAD 124.6M |
| Net income | CAD 8.7B | CAD 28.5M |
| Gross margin | · | · |
| Net margin | 24.1% | 22.8% |
| Return on equity | 10.1% | 6.1% |
| Diluted EPS | CAD 11.44 | · |
| Dividend / share | · | · |
| Payout ratio | 57.8% | 11.4% |
| Free cash flow | · | CAD 43.5M |
| Equity | CAD 88.1B | · |
| Net debt / equity | · | · |
| Current ratio | · | · |
| Revenue CAGR 5y | 7.6% | 18.1% |
| Profit CAGR 5y | 11.3% | 8.0% |
BMO bills 291.0× the revenue of VBNK, and keeps more of each dollar of revenue as profit (24.1% against 22.8%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
6 years side by side
| Fiscal year | BMO | VBNK |
|---|---|---|
| FY2025 | CAD 36.3B | CAD 124.6M |
| FY2024 | CAD 32.8B | CAD 111.6M |
| FY2023 | CAD 29.3B | CAD 108.6M |
| FY2022 | CAD 33.7B | CAD 82.4M |
| FY2021 | CAD 27.2B | CAD 65.4M |
| FY2020 | CAD 25.2B | CAD 54.2M |
Bottom line
| Fiscal year | BMO | VBNK |
|---|---|---|
| FY2025 | CAD 8.7B | CAD 28.5M |
| FY2024 | CAD 7.3B | CAD 39.7M |
| FY2023 | CAD 4.4B | CAD 42.2M |
| FY2022 | CAD 13.5B | CAD 22.7M |
| FY2021 | CAD 7.8B | CAD 22.4M |
| FY2020 | CAD 5.1B | CAD 19.4M |
6 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +CAD 36,149,359,000 | BMO |
| FY2024 | +CAD 32,683,367,000 | BMO |
| FY2023 | +CAD 29,150,365,000 | BMO |
| FY2022 | +CAD 33,627,608,000 | BMO |
| FY2021 | +CAD 27,120,643,000 | BMO |
| FY2020 | +CAD 25,131,815,000 | BMO |
BMO has reported the higher revenue in every one of these 6 fiscal years. The gap has widened since the earliest year compared.
6 of 10 comparable fiscal years — a year missing data on either side is not counted.
6 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +1.2 pp | BMO |
| FY2024 | −13.3 pp | VBNK |
| FY2023 | −23.6 pp | VBNK |
| FY2022 | +12.7 pp | BMO |
| FY2021 | −5.7 pp | VBNK |
| FY2020 | −15.6 pp | VBNK |
The higher net margin has changed hands between BMO and VBNK over this period.
6 of 10 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
BMO's net margin has been more volatile than VBNK's over the 6 comparable fiscal years — 7.8 percentage points of standard deviation against 5.5.
6 of 10 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between BMO and VBNK over these 6 fiscal years — BMO led in 2 and VBNK in 4.
6 of 10 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
BMO's return on equity has been more volatile than VBNK's over the 6 comparable fiscal years — 4.8 percentage points of standard deviation against 2.0.
6 of 10 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between BMO and VBNK over these 6 fiscal years — BMO led in 4 and VBNK in 2.
6 of 10 comparable fiscal years — a year missing data on either side is not counted.