News Releases

- Annual BMO Ontario Farm Family Awards to be presented

- Fun and interactive learning activities for youth all week at the BMO Kids' Zone

- Free admission and pancake breakfast for children under the age of 16 on BMO Kids' Day, September 26 from 8:30 a.m. - 10:30 a.m.

- Thrilling equestrian team competition ends with dramatic win by Brazil.

- Record breaking crowds of 85,747 dedicated fans cheered the nations on for the 2015 event.

- Acquisition of a leading Transportation Finance business enhances BMO's commercial banking franchise

- Adds experienced, committed, industry-leading management team bringing a differentiated business model with superior systems and underwriting capabilities

- Aligned with BMO's risk profile and strategy

- Transaction expected to be immediately accretive to earnings per share

- Calgary welcomes eight nations for the world's top equestrians at 2015 BMO Nations' Cup at Spruce Meadows

- 2015 Canadian Team includes: Mark Laskin, Ian Millar, Eric Lamaze, Tiffany Foster and Yann Candele

- Free admission to the BMO Fan Centre featuring fun activities for the whole family

- Best Practices in Litigation Management

- Imdad Ali named one of Tomorrow's Leaders

- 2015 Innovation of the Year Award

- International exposures, including low volatility, covered call dividend and Canada's first put write strategy ETF

- New ETFs offer more choice to address needs of investors

- BMO AM's ETF business stands at 63 ETFs and $22.9 billion in AUM

BMO supports expansion of Ryerson University's successful Tri-Mentoring Program

- Executive panel discussions on the latest digital trends for education

- Presenting companies include those supporting the PreK-12, postsecondary and corporate training sectors

Latest white paper examines risk, return potential and adaptability in advocating active approach to low volatility equities

- Canadians have an average $41,694 in emergency savings

- Job loss, medical expenses and major car repairs among top emergency concerns

- 30 per cent of Canadians concerned about personal financial standing

- The portfolios have three different risk profiles and aim to help preserve and grow wealth in retirement

- Low-fee solution designed to provide downside protection against market volatility

- According to StatsCan, life expectancy in Canada has increased by 25 years since 1921

- Three quarters of Canadians said they would use their own savings to fund long-term care needs

- Fifty-six per cent would prefer to receive long-term care in their own home rather than in a facility

- Thirty-seven per cent have not discussed any financial issues around potential long-term care with loved ones

- Wealthy Canadian parents pay for an average of 69 per cent of their children's post-secondary school costs

- They are less concerned with how their children will perform academically than how they will fare financially after graduation

- Sixteen per cent have their children enrolled in private schools; almost three quarters feel their children will receive a better education

- Overall spending down to $323 from $428 in 2013

- Despite having the highest percentage of people planning to shop for back to school (59 per cent), those in Atlantic Canada plan to spend the least ($211)

- BMO Economics says that fewer trips south of the border for shopping could provide a silver lining

Financial Results Highlights:

Third Quarter 2015 Compared with Third Quarter 2014:

- Net income of $1,192 million, up 6%; adjusted net income(1) of $1,230 million, up 6%

- EPS(2) of $1.80, up 8%; adjusted EPS(1,2) of $1.86, up 8%

- ROE of 13.6%, compared with 14.4%; adjusted ROE(1) of 14.0%, compared with 14.9%

- Provisions for credit losses of $160 million, compared with $130 million

- Basel III Common Equity Tier 1 Ratio of 10.4%

Year-to-Date 2015 Compared with Year-to-Date 2014:

- Net income of $3,191 million, down 2%; adjusted net income(1) of $3,417 million, up 2%

- EPS(2) of $4.75, down 2%; adjusted EPS(1,2) of $5.10, up 3%

- ROE of 12.3%, compared with 14.3%; adjusted ROE(1) of 13.2%, compared with 14.7%

- Provisions for credit losses of $484 million, compared with $391 million

- Nearly half of Canadians fear financial loss and one third are concerned about how market volatility will affect their investments

- Ninety per cent are confused about investing while only one in 10 say nothing confuses them

- Many are confused when looking for the right investment option that will yield the best return and suits their level of risk tolerance

- Forty-three per cent of Canadians have or intend to purchase life insurance

- Fewer than one third are confident that their financial plan has addressed their insurance needs

- Only 49 per cent feel that they have some understanding of the insurance products best suited for their life stage

- The national winner will receive a $10,000 award; the 12 regional winners from across Canada will each be awarded $5,000

- 13 winning works will be showcased from October 22 to December 18, 2015 at the Justina M. Barnicke Gallery, University of Toronto

New fingerprint recognition and Passcode options build on Mobile Cash technology, offering banking customers quick, convenient and secure access

- Spending on basket of four typical monthly expenses more than doubles during the summer months

- Half of Canadian families say they spend the most money during summer

- BMO CashBack World Elite MasterCard credit card offers 1.75 per cent cash back on all everyday purchases

- Sixty-three percent plan to travel three times or more a year for pleasure

- They expect to spend an average amount of $2,900 per trip

- Most plan to travel within the United States and during the spring and fall seasons

- BMO business customers in the Greater Toronto Area now have access to socialstraw(TM), an innovative and easy-to-use social monitoring and engagement platform

- Ninety-five per cent of New Canadians think it is likely their children will obtain a post-secondary education

- Two thirds are more optimistic about Canada's economy than the economy in their native country

- Sixty-five per cent of immigrants consider it a priority to leave as much money as possible to their children, yet fewer than a third have a will

Report examines relationship between payroll and performance in Major League Baseball

- Canadians carrying an average of $92,000 in debt and paying $1,165 in monthly debt servicing costs

- However, more than half believe they will be debt free within the next five years

- Sixty-five per cent plan to travel three times or more a year for pleasure

- High-net worth travelers expect to spend an average amount of $5,665 per trip, three times more than Canadians as a whole

- Most plan to travel within North America and during the winter and summer seasons