News Releases

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%

- On average, high-net-worth Canadians plan to retire at age 60 and feel they need an average of $2 million for retirement

- Almost all will spend their golden years in Canada

- Travel, time with family, hobbies and volunteering will fill their time during retirement

BMO is here to help clients with foreign exchange needs, and supporting the expansion of Canadian business ties with China

- Industry leaders and other participants from 28 countries and 6 continents to attend one of the largest metals and mining investor conferences in the world

- Low oil prices, job growth and consumer spending helping to spur growth

- Solid growth expected throughout 2015

- Canadians spend an average of 64 hours per month on mobile devices

- Majority of tablet owners have banking apps on their tablet, with one third logging on daily

- Over the past year, mobile banking adoption has increased approximately 60 per cent