Canadian Personal & Commercial Banking - Financial Results
Highly diversified businesses delivering resilient performance
Canadian Personal & Commercial
.
Reported Revenue ($MM)
2,785
2,529
2,547
2,629
2,546
779
763
750
777
738
Commercial
U.S. Personal & Commercial
Reported Revenue (teb², US$MM)
1,914
1,864
1,234
1,297
1,334
1,159
Commercial
1,136
■Personal &
871
895
914
1,766
1,797
1,852
1,808
2,006
Business
Banking
Q3'22
Q4'22
Q1'23
Q2'23
Q3'23
755
728
363
402
420
■Personal &
Business
Banking
Q3'22
Q4'22
Q1'23
Q2'23
Q3'23
Record revenue with good growth in loans and deposits
Ranked first in customer satisfaction with online banking in the
J.D. Power 2023 Canada Online Banking Satisfaction Study¹
BMO Wealth Management
Strong revenue growth YTD reflecting the addition of Bank of
the West
Recognized by World Finance Magazine as Best Commercial
Bank and Best Private Bank in the U.S.
BMO Capital Markets
AUA, AUM ($B)
767
730
730
738
773
Reported Revenue (teb², $MM)
1,718
1,586
1,478
1,405
310
306
338
340
1,264
618
321
651
■AUM
554
608
Investment
451
and Corporate
Banking
420
424
417
429
433
■AUA
1,100
813
851
935
870
■Global
Markets
Q3'22
Q4'22
Q1'23
Q2'23
Q3'23
Q3'22
Q4'22
Q1'23
Q2'23
Q3'23
.
•
Continued good net new client asset growth
#1 in ETF net flows fiscal year-to-date, building out our innovative
suite of ETFs and strengthening our offering in Mutual Funds
1 For more information, refer to www.jdpower.com/business
Top 10 in Global and North American M&A³
•
Adding products and capabilities to our U.S. rates business
2 Operating group revenue stated on taxable equivalent basis (teb). These teb adjustments in U.S. P&C (Q3'23 US$6MM, Q2'23 US$6MM, Q1'23 US$6MM, Q4'22 US$6MM, Q3'22 US$5MM) and BMO Capital Markets (Q3'23
$81MM, Q2'23 $84MM, Q1'23 $70MM, Q4'22 $61MM, Q3'22 $61MM) are offset in Corporate Services
3 Source: Bloomberg
BMOM
Strategic Highlights August 29, 2023
•
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