Canadian Personal & Commercial Banking - Financial Results
Q3 F2023 - Bank of the West Contribution to U.S. Segment
U.S. Segment Reported
U.S. Segment Adjusted¹
(US$MM)
BMO ex.
BOTW
BMO ex.
BOTW
BMO
BOTW
BMO
BOTW
Revenue
2,010
787
2,797
2,012
787
2,799
Expenses
1,190
1,006
2,196
1,189
561
1,750
PPPT²
820
(219)
601
823
226
1,049
Total PCL
91
74
165
91
74
165
Income (Loss) before Taxes
729
(293)
436
732
152
884
Net Income (Loss)
571
(207)
364
573
124
697
Efficiency Ratio (%)
59.2
127.8
78.5
59.1
71.2
62.5
See the Recent Acquisitions section of BMO's Third Quarter 2023 MD&A for more information
1 Adjusted results and measures are non-GAAP, see slide 37 for more information and slide 39 for adjustments to reported results
2 Reported and adjusted Pre-Provision Pre-Tax earnings (PPPT) are non-GAAP measures. See slide 37 for more information and slide 41 for calculation of PPPT
BMOM
Financial Results ⚫ August 29, 2023
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