# EDGAR Filing Document

**Accession Number:** 0000927971
**File Stem:** 0001193125-25-188631
**Filing Date:** 2025-8
**Character Count:** 6060
**Document Hash:** 532c28820e5b3a70a679fbcfe57b6014
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-188631.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001193125-25-188631

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250826

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BANK OF MONTREAL /CAN/
- **CENTRAL INDEX KEY:** 0000927971
- **STANDARD INDUSTRIAL CLASSIFICATION:** COMMERCIAL BANKS, NEC [6029]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 000000000
- **STATE OF INCORPORATION:** A6
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-13354
- **FILM NUMBER:** 251256563

**BUSINESS ADDRESS:**
- **STREET 1:** 1 FIRST CANADIAN PLACE
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5X 1A1
- **BUSINESS PHONE:** 000-000-0000

**MAIL ADDRESS:**
- **STREET 1:** 1 FIRST CANADIAN PLACE
- **CITY:** TORONTO
- **STATE:** A6
- **ZIP:** M5X 1A1

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**Washington, D.C. 20549** 

**FORM 6-K** 

**Report of Foreign Private Issuer** 

Pursuant to Rule 13a-16 or 15d-16

of the Securities Exchange Act of 1934

For the month of: August, 2025 Commission File Number: 001-13354

## BANK OF MONTREAL
**(Name of Registrant)** 

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| | |
|:---|:---|
| 100 King Street West |  |
| 1 First Canadian Place | 129 rue Saint-Jacques |
| Toronto, Ontario | Montreal, Quebec |
| Canada, M5X 1A1 | Canada, H2Y 1L6 |
| *(Executive Offices)* | *(Head Office)* |

---

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F ☐ Form 40-F ☒

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**EXHIBIT INDEX** 

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| | |
|:---|:---|
| Exhibit | Description of Exhibit |
| 99.1 | Earnings Coverage Ratios |

---

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**SIGNATURES** 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

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| | | |
|:---|:---|:---|
|  | BANK OF MONTREAL | BANK OF MONTREAL |
|  | By: | /s/ Tayfun Tuzun |
|  | Name: | Tayfun Tuzun |
|  | Title: | Chief Financial Officer |
| **Date**: August 26, 2025 | By: | /s/ Pascale Elharrar |
|  | Name: | Pascale Elharrar |
|  | Title: | Corporate Secretary |

---

## Exhibit 99.1

**Exhibit 99.1** 

**BANK OF MONTREAL** 

**EXHIBIT TO FINANCIAL STATEMENTS FOR THE QUARTER ENDED** 

**JULY 31, 2025** 

**EARNINGS COVERAGE RATIOS** 

**The information in this document is disclosed in accordance with Section 8.4 of National Instrument 44-102 – Shelf Distributions.** 

The following consolidated financial ratios for the Bank, are calculated for the 12 months ended July 31, 2025 and October 31, 2024*.*

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| | | |
|:---|:---|:---|
|  | **12 Months Ended<br>July 31, 2025** | **12 Months Ended<br>October 31, 2024** |
|  | **Actual** | **Actual** |
| Interest coverage on subordinated indebtedness | 25.91 times | 21.88 times |
| Grossed up dividend coverage on Class B Preferred Shares and other equity instruments<sup>(1)</sup> | 24.17 times | 21.48 times |
| Interest and grossed up dividend coverage on subordinated indebtedness, Class B Preferred Shares and other equity instruments | 12.76 times | 11.09 times |

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Note:

<sup>(1)</sup> As at July 31, 2025 and October 31, 2024, there were no Class A Preferred Shares outstanding.

In calculating the earnings coverage ratios, foreign currency amounts have been converted to Canadian dollars using rates of exchange as at the end of each month. For the 12 month periods ending July 31, 2025 and October 31, 2024 the average monthly exchange rates were $1.3967 per US$1.00 and $1.3591 per US$1.00, respectively.

The Bank's earnings before interest on subordinated indebtedness and income tax for the 12 months ended July 31, 2025 were $11,977.35 million, which is 25.91 times the Bank's aggregate interest on subordinated indebtedness requirement for this period. The Bank's earnings before interest on subordinated indebtedness and income tax for the 12 months ended October 31, 2024 were $9,982.12 million, which is 21.88 times the Bank's aggregate interest on subordinated indebtedness requirement for this period.

The Bank's dividend requirements on all of its Class B preferred shares and other equity instruments were $476.49 million for the 12 months ended July 31, 2025, adjusted to a before-tax equivalent using an effective tax rate of 24.23% and for the 12 months ended October 31, 2024 were $443.50 million, adjusted to a before-tax equivalent using an effective tax rate of 23.16%. The Bank's earnings before income tax for the 12 months ended July 31, 2025 were $11,515.04 million, which is 24.17 times the Bank's aggregate dividend and interest requirements for this period. The Bank's earnings before income tax for the 12 months ended October 31, 2024 were $9,525.83 million, which is 21.48 times the Bank's aggregate dividend and interest requirements for this period.

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The Bank's interest requirements for its subordinated indebtedness and grossed up dividends on its preferred shares and other equity instruments for the 12 months ended July 31, 2025 were $938.80 million and for the 12 months ended October 31, 2024 were $899.79 million. The Bank's earnings before interest on subordinated indebtedness and income tax for the 12 months ended July 31, 2025 were $11,977.35 million, which is 12.76 times the Bank's aggregate dividend and interest requirements for this period. The Bank's earnings before interest on subordinated indebtedness and income tax for the 12 months ended October 31, 2024 were $9,982.12 million, which is 11.09 times the Bank's aggregate dividend and interest requirements for this period.

The amounts and ratios reported above are derived from information in the unaudited interim consolidated financial statements for the three and nine months ended July 31, 2025 and the audited consolidated financial statements for the year ended October 31, 2024.