News Releases

- Assets under management have grown more than 30 per cent in first two months of 2012

- BMO ETFs led Canadian ETF industry in growth in 2011; ranked #1 in customer loyalty

- BMO ETFs growth being driven by fixed income, strategic non-indexed and yield-oriented equity ETF offerings

- BMO ETF Report: new product offerings, innovation and price competition will drive industry growth in 2012

- BMO accounted for almost half of all Canadian ETF growth in 2011

- BMO ETFs also ranked #1 in customer loyalty

- Success attributed to products that responded to investor needs during volatile times

- Key drivers included income focused and low volatility ETFs

Key fiscal 2011 financial results and measures under IFRS, compared with amounts previously reported for fiscal 2011 under Canadian generally accepted accounting principles

- Reported net income of $3,114 million, compared with $3,266 million

- Adjusted net income(1) of $3,275 million, compared with $3,281 million

- Reported diluted EPS of $4.84, compared with $5.26

- Adjusted diluted EPS(1) of $5.10, compared with $5.29

- Reported ROE of 15.1%, compared with 15.3%

- Adjusted ROE(1) of 16.0%, compared with 15.3%