News Releases

"Open For Business" with $10 billion in additional credit

- Dairy industry annually contributes $15.2 billion in economic benefits and employs 215,000 Canadians

- Each year the average Canadian drinks 95 litres of milk

- Agricultural sector employs one in eight jobs directly and accounts for approximately eight per cent of Canada's total Gross Domestic Product

Canadians will see familiar "BMO" on the Indianapolis Skyline

- New BMO branch represents a $2.8 million investment into the community

- BMO boosts credit to Canadian businesses by $10 billion

- Branch offers customers extended banking hours, including Saturdays and Sundays

- Grand Opening celebration features, giveaways and a raffle for a chance to win one of two Apple iPads

- 2 per cent rate on 1 year GIC available on any new BMO RRSP contributions

- In volatile market conditions, BMO recommends Canadians seek out safe, short term investment options to park their savings

- Renovated historic branch offers customers a full-service BMO Nesbitt Burns office and extended banking hours, including Saturdays

- BMO boosts credit to Canadian businesses by $10 billion - money available to companies in Kitchener-Waterloo to help grow their operations

- A $5,000 donation will be presented to The Family & Children's Services of the Waterloo Region Foundation

- Canadians place much higher importance on salary and job flexibility than a good pension plan when evaluating job opportunities

- More than half do not know what their ideal workplace pension would look like

- Half of working Canadians have already had five or more employers; 20 per cent expect to have worked for 10 or more employers over their careers

- Including Boxing Day purchases, Canadians who shopped this holiday season spent an average of $1029 over the holiday season - approximately $300 less than planned

- Most Canadians indicated that holiday spending will not keep them from meeting financial obligations or goals in 2012

- Reducing overall household debt number one priority for Canadians heading into 2012

BMO Retirement Institute to Hold Conference Call on Tuesday, January 31st at 11:30 am ET to Brief Media on New Pension Report

- Moderate activity, stable prices anticipated through 2013

- Low interest rates should hold affordability in check allowing household income to catch up with prices

- Currently strong sales in Alberta, Saskatchewan, Newfoundland & Labrador, as well as in Toronto, Montreal, Winnipeg, Halifax and Ottawa

- Previously red-hot Vancouver softening

- BMO advises homeowners to choose a 25 year amortization

- Donation supports the new "Our World: BMO Sustainability Gallery" part of Science World's Bridging the Science Gap capital campaign

- Ceremony at BMO Power of Blue Day, all BMO customers received free admission when they showed their BMO debit or credit card

- New screening tools, access to Morningstar reports and enhanced site layout will help investors make better mutual fund investing decisions

- BMO InvestorLine awarded Top bank-owned online broker from The Globe and Mail in 2008, 2009 and 2011

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%

- New screening tools, access to Morningstar reports and enhanced site layout will help investors make better mutual fund investing decisions

- BMO InvestorLine awarded Top bank-owned online broker from The Globe and Mail in 2008, 2009 and 2011