News Releases

- Over half are unaware of what is considered a good credit score

- Almost one third lack knowledge on how to build a good credit rating

- Credit score can affect getting a loan, a credit card, or renting an apartment

- BMO offers advice on how Canadians can achieve and maintain good credit

- Fifty-six per cent need assistance with deciding which investments best suit their needs

- More than half do not understand how their portfolios will react in certain markets

- Only one in five need help deciding when or if to downsize to a smaller home or deciding where to live in retirement

- Senior executives from across BMO to discuss what "Having It All" really means and issues related to work/life balance

- BMO will also be releasing the results of a new study examining how women navigate the workplace and their home lives

Financial Results Highlights:

First Quarter 2015 Compared with First Quarter 2014:

- Net income of $1.0 billion, down 6%; adjusted net income(1) of $1,041 million, down 4%

- EPS(2) of $1.46, down 8%; adjusted EPS(1,2) of $1.53, down 5%

- ROE of 11.8%, compared with 14.2%; adjusted ROE(1) of 12.3%, compared with 14.5%

- Provisions for credit losses of $163 million, compared with $99 million

- Basel III Common Equity Tier 1 Ratio of 10.1%