Toronto Stock Exchange: BMO

How many employees work at Bank of Montreal?

Bank of Montreal (BMO) has approximately 55,074 total employees worldwide as of March 2026, according to Revelio Labs workforce intelligence data. Bank of Montreal’s total headcount has grown 1.4% from 54,312 employees in 2023 to 55,074 in 2026.

Data source: Revelio LabsCoverage: Global workforce, 2023–2026Published August 2026

Is Bank of Montreal hiring right now?

Yes, Bank of Montreal is actively hiring. Bank of Montreal had 4,064 active job postings in 2026, a 50.2% increase from 2025 — see job openings & hiring trends.

About Bank of Montreal’s Workforce

Bank of Montreal (BMO) is a Financial Services company that employs 55,074 people worldwide as of March 2026. It is the 8th-largest by headcount among its peers. Founded in 1817, the company is headquartered in Montreal, Canada and trades on the Toronto Stock Exchange.

Bank of Montreal's workforce has grown 1.4% from 2023 to 2026, up 0.3% year over year in 2026. It fell to a low of 51,998 in 2024 Q1 before recovering. Its workforce is concentrated most in North America (96.9%), followed by Northern Europe (1.4%) and East Asia (0.5%).

Bank of Montreal's functional groups are Finance and Operations (54.9%), Engineering (27.5%), and Sales and Marketing (17.6%), with Engineering growing fastest (up 2.4%). The average salary is $95,839, ranging from a median of $88,000 in Northern Europe to $8,000 in South Asia.

Bank of Montreal's active job postings rose 50.2% in 2026 to 4,064, with new postings per month climbing from 2,646 in 2023 to 3,071 in 2026. Overall employee sentiment is neutral but declining.

Sourced from Revelio Labs workforce data.

Ticker
Toronto Stock Exchange: BMO
Headquarters
Montreal, Canada
Founded
1817
Industry
Financial Services
Employees
55,074
YoY
+0.3% (+2,495)

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Bank of Montreal Annual Employee Count (2023-2026)

Interactive chart of Bank of Montreal annual worldwide employee count from 2023 to 2026.
  • Bank of Montreal had 55,074 employees in 2026, a 0.3% increase (+2,495) from 2025.
  • Bank of Montreal had 54,167 employees in 2025, a 0% no change (+1,700) from 2024.
  • Bank of Montreal had 52,467 employees in 2024, a 0.2% decline (+227) from 2023.
  • Bank of Montreal had 52,240 employees in 2023, a 0.9% decline (-1,300) from 2022.

Bank of Montreal's total workforce has grown from 54,312 employees in 2023 to 55,074 in 2026.

Bank of Montreal quarterly employee count

YearQtrEmployeesYoY ChangeYoY %
2026Q155,074+2,495+0.3%
2025Q454,167+1,700+0.0%
2025Q353,492+1,249-0.0%
2025Q253,524+1,076+0.2%
2025Q152,579+581+0.1%
2024Q452,467+227-0.2%
2024Q352,243-1,020-1.3%
2024Q252,448-1,864-1.9%
2024Q151,998-1,662-1.6%
2023Q452,240-1,300-0.9%
2023Q353,263+83+0.3%
2023Q254,312+1,291+1.2%

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Bank of Montreal Employee Count by Region (2026)

North America accounts for the largest share of Bank of Montreal's global workforce with approximately 97% of total employees, followed by Northern Europe and East Asia.

Bank of Montreal employees by region

RegionEmployees% of Total
North America52,75696.9%
Northern Europe7711.4%
East Asia2700.5%
South Asia1820.3%
Sub-Saharan Africa1140.2%
Southeast Asia750.1%
Pacific Islands480.1%
Central America and the Caribbean460.1%
Western Europe390.1%
Eastern Europe350.1%

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Bank of Montreal Employee Count by Department (2026)

Bank of Montreal's employee groups are Finance and Operations (54.9%), Engineering (27.5%), and Sales and Marketing (17.6%).

Bank of Montreal employees by department

DepartmentEmployees% of Total
Finance and Operations30,08554.9%
Engineering15,09027.5%
Sales and Marketing9,66717.6%

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Bank of Montreal Employee Salary by Region (2026)

Bank of Montreal's average employee salary is $95,839 globally. Employees in Northern Europe receive the highest compensation. Pay is lowest in South Asia, at a median of $8,000.

Bank of Montreal median employee salary by region (USD)

RegionMedian Salary
Northern Europe$88,000
Western Europe$80,000
North America$79,000
East Asia$65,000
Eastern Europe$52,000
Southern Europe$50,000
Pacific Islands$49,000
Arab States$40,000
Central and Western Asia$19,000
Southeast Asia$17,000
South America$17,000
Central America and the Caribbean$16,000
Sub-Saharan Africa$10,000
North Africa$9,000
South Asia$8,000

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Bank of Montreal Job Openings and Hiring Trends (2023-2026)

Interactive chart of Bank of Montreal annual active job postings from 2023 to 2026.
  • Bank of Montreal had 4,064 active job postings in 2026, a 50.2% increase (+684) from 2025.
  • Bank of Montreal had 3,380 active job postings in 2025, a 51.4% increase (+1,382) from 2024.
  • Bank of Montreal had 1,998 active job postings in 2024, a 3.9% increase (+76) from 2023.
  • Bank of Montreal had 1,922 active job postings in 2023, a 58.9% decline from 2022.
  • Hiring velocity in 2026: 3,071 new roles/month, down from 3,109 in 2025 and 2,741 in 2024.

Bank of Montreal's hiring is accelerating: active job postings rose 50.2% in 2026 to 4,064, with new postings per month climbing from 2,646 in 2023 to 3,071 in 2026.

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Bank of Montreal Employee Sentiment (2026)

Revelio Labs tracks employee sentiment across Bank of Montreal's workforce based on public professional data. Overall sentiment is neutral and has declined year over year in 2026.

Overall

NegativePositive

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Frequently Asked Questions About Bank of Montreal

How fast is Bank of Montreal growing?
In 2026, Bank of Montreal's headcount grew 0.3% to 55,074 employees, up from 52,579 in 2025.
See the full headcount history
Where are Bank of Montreal employees located?
Most Bank of Montreal employees are based in North America (96.9% of headcount), followed by Northern Europe and East Asia.
Explore where the workforce is based
What is the average salary at Bank of Montreal?
The average employee salary at Bank of Montreal is approximately $95.8k per year.
Analyze the salary distribution
How many new job postings does Bank of Montreal open per year?
In Q1 2026, Bank of Montreal opened 9,214 new job postings. In 2025, Bank of Montreal opened 37,305 new job postings — about 3,109 per month.
Track hiring trends by role
When was Bank of Montreal founded and where is it headquartered?
Bank of Montreal was founded in 1817 and is headquartered in Montreal, Canada.
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