Who we are

8th largest

bank in North America by assets

in total assets

An engaged and diverse team of employees

Three operating groups

Personal and
Commercial Banking

BMO Wealth
Management

BMO Capital
Markets

We serve

12 million

customers globally

8 million

personal and commercial customers in Canada

2+ million

personal, small business and commercial customers in the United States

*As at July 31, 2021

7 Things to Know About BMO

Read more about BMO, including who we are, what matters to us – and what sets us apart.

7 Things to Know About BMO

Read more about BMO, including who we are, what matters to us – and what sets us apart.


A 192-Year Dividend Record

BMO Financial Group has the longest-running dividend payout record of any company in Canada, at 192 years.
BMO common shares had an annual dividend yield of 5.3% at October 31, 2020.

Compound annual growth rate:

5.7%

BMO 15-year

5.5%

BMO 5-year

Dividends Declared ($ per share) - 2008: 2.80; 2009: 2.80; 2010: 2.80; 2011: 2.80; 2012: 2.82; 2013: 2.94; 2014: 3.08; 2015: 3.24; 2016:3.40; 2017: 3.56; 2018: 3.78; 2019: 4.06; 2020: 4.24.

2020 Performance

Net Revenue (C$ billions) Reported / Adjusted – 2018: 21.6; 2019: 22.8; 2020: 23.5.
Net Income (C$ billions) – 2018 reported: 5.5; 2018 adjusted: 6.0; 2019 reported: 5.8; 2019 adjusted: 6.2; 2020 reported: 5.1; 2020 adjusted: 5.2.
Common Equity Tier 1 Ratio – 2018: 11.3%; 2019: 11.4%; 2020: 11.9.

Adjusted results in this section are non-GAAP.

Earnings per share growth (%)

2016 reported: 5.3; 2016 adjusted: 7.4; 2017 reported: 14.3; 2017 adjusted: 8.3; 2018 reported: 3.3; 2018 adjusted: 10.3; 2019 reported: 6.0; 2019 adjusted: 4.9; 2020 reported: -12.9; 2020 adjusted: -18.2.

Total shareholder return (%)

BMO 1-year: -14.6; S&P/TXS Composite Index 1-year: -2.3; BMO 3-year: -3.1; S&P/TXS Composite Index 3-year: 2.2; BMO 5-year: 5.1; S&P/TXS Composite Index 5-year: 6.1; BMO 10-year: 7.3; S&P/TXS Composite Index 10-year: 5.2.
Medium-term objectives 2020 financial performance
Adjusted EPS growth of 7% to 10%(18.2%)
Adjusted ROE of 15% or more10.3%
Adjusted net operating leverage of 2% or more2.7%
Capital ratios that exceed regulatory requirements11.9% CET1 Ratio

Adjusted Net Income
by Operating Group1,2

Canadian P&C: 36%; U.S. P&C: 24%; BMO WM: 20%; BMO CM: 20%;

Adjusted Net Income
by Geography1

Canada: 58%; Other: 11%; U.S.: 31%

1 Adjusted net income is a non-GAAP measure.
2 Percentages determined excluding results in Corporate Services.

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Good corporate governance matters to our shareholders, our customers, our employees – and to us.