Financial Results
Dynamic actions to drive long-term performance
Strong foundation from executed initiatives...
Completed Bank of the West conversion
...driving benefits for near- and long-term performance
Exceeding cost synergy expectations, with run rate
benefits of >US$800MM
Marketing campaign in play across our expanded
footprint
Accelerating revenue synergies in-line with expectations
Accelerated efficiency initiatives to optimize workforce,
real estate, technology and procurement
Targeted investments in technology and salesforce
~C$400MM in run rate benefits, driving positive
operating leverage
Aligned to customer and market opportunities to drive
engagement, customer loyalty and growth in market
share
Capital optimization and portfolio actions
Long-term record of strong risk management
This slide contains forward-looking statements. Refer to the Caution Regarding Forward-Looking Statements on slide 2
BMOM
Disciplined redeployment and focus on One Client
experiences to improve return on capital
Well-positioned to manage current and emerging risks
Strategic Highlights • December 1, 2023
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