Financial Results

Asset Yields¹ and Liabilities Costs² Average Earning Assets ($B) and Yield¹ (%) Average Liabilities ($B) and Costs² (%) 5.06% 5.26% 4.85% 3.54% 4.18% Yield on Total Average Earning Assets 2.65% 3.08% 3.30% 3.49% 2.02% Cost on Total Liabilities 1,079 1,165 1,161 1,178 1,194 1,191 1,211 1,022 1,101 1,054 4.52% 5.00% 5.52% 5.71% 5.92% 552 634 633 648 542 1.31% 1.96% (2.18% 2.45% 2.74% 636 629 645 537 550 2.44% 3.32% 4.05% 4.28% 4.45% 3.41% 4.08% 4.89% 5.08% 5.21% 480 527 531 528 530 416 451 468 472 472 101 100 90 90 94 Q4'22 Q1'23 Q2'23 Q3'23 Q4'23 Q4'22 Q1'23 Q2'23 Q3'23 Q423 Gross Loans Other Interest Bearing Assets³ Customer Deposits Other Non-Interest Bearing Liabilities % in above charts indicate yield on asset balance Other Interest Bearing Liabilities4 % O in above charts indicate cost on liability balance Prior periods have been reclassified to conform with current period presentation 1 Gross loan yield is calculated as interest income on loans as a percentage of average gross loans 2 Liabilities Cost is calculated as total interest expense as a percentage of average liabilities 3 Other interest bearing assets balances include deposits with other banks, securities, securities borrowed or purchased under resale agreements and other interest bearing assets. Yield on other interest bearing assets is calculated as interest and dividend income on deposits with other banks, securities, securities borrowed or purchased under resale agreements and other interest bearing assets as a percentage of associated average balances 4 Other interest bearing liabilities balances include wholesale funding, securities sold but not yet purchased and securities lent or sold, subordinated debt and other interest bearing liabilities. Cost on other interest bearing liabilities is calculated as interest expense on wholesale funding, securities sold but not yet purchased and securities lent or sold, subordinated debt and other interest bearing liabilities as a percentage of associated average balances BMOM Financial Results ⚫ December 1, 2023 37

View entire presentation