News Releases

- Discussion on what is on the minds and hearts of women-led businesses in British Columbia

- Top tips and advice from entrepreneurial experts on how to start your own business

- Key sectors of the economy for business start-ups in 2013

- Report shows Canadian savers on average expect to save approximately $9,200 in 2013

- Residents of Quebec have the lowest average planned savings at $5,477

- No Fee BMO IGA AIR MILES Chequing and High Interest Savings Accounts offer cost savings, convenience and value

- Deadline for contributing to an RRSP is midnight on March 1

- Three-quarters of Canadians have made or plan on making a contribution before the deadline

- BMO offers multiple options for Canadians looking to contribute

- BMO media spokespeople available to provide last-minute tips on RRSPs, saving for retirement and how to create a financial plan

- Advisory group provides guidance for women entrepreneurs looking to take the next step and grow their enterprise into a million dollar plus business

- International Women's Week starts March 3rd, celebrating the achievements of women, including women-owned businesses that employ over 1.5 million Canadians

- A third have too many activities and too little time in which to do them

- One in three say that retirement is more expensive than they expected

- Tip to younger Canadians: start saving as much as possible from an early age to realize ideal retirement lifestyle

- Grand prize won by three BMO Ultimate Fans - one each from the Western Hockey League (WHL), the Ontario Hockey League (OHL) and the Quebec Major Junior Hockey League (QMJHL), as part of BMO Ultimate Fan Appreciation Night Series

Financial Results Highlights:

First Quarter 2013 Compared with First Quarter 2012:

- Net income of $1,048 million, down 5%; adjusted net income(1) of $1,041 million, up 7%

- EPS(2) of $1.53, down 6%; adjusted EPS(1), (2) of $1.52, up 7%

- ROE of 14.9%, compared with 17.2%; adjusted ROE(1) of 14.8%, compared with 15.0%

- Provisions for credit losses of $178 million, compared with $141 million; adjusted provisions for credit losses(1) of $96 million, compared with $91 million

- Basel III Common Equity Ratio is strong at 9.4%

- Dividend Increased by $0.02 or 3% to $0.74 per Common Share