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Bank of Montreal (T:BMO)

Business Focus: Banks

Sector:  Financials Industry:  Banks
See Regulatory Filings on SEDAR
Company Contact
Address: 1 First Canadian Place
Tel: N/A
IR: See website
Key People
J. Robert S. Prichard
Independent Non-Executive Chairman of the Board
Patrick Cronin
Chief Risk Officer, BMO Financial Group
Darryl White
Chief Executive Officer, Director
Thomas E. Flynn
Chief Financial Officer
Daniel D. Barclay
Chief Executive Officer & Group Head, BMO Capital Markets
David R. Casper
U.S. Chief Executive Officer, BMO Financial Group, Chair and Chief Executive Officer, BMO Harris Bank N.A. and Group Head, North American Commercial Banking
Cameron Mcaskile Fowler
President - North American Personal and Business Banking
Steve Tennyson
Chief Technology and Operations Officer
Mona Malone
Chief Human Resources Officer and Head of People & Culture, BMO Financial Group
Simon A. Fish
General Counsel
Business Overview
Bank of Montreal (the Bank) is a financial services provider. The Bank provides a range of personal and commercial banking, wealth management and investment banking products and services. The Bank conducts its business through three operating groups: Personal and Commercial Banking (P&C), Wealth Management and BMO Capital Markets. The P&C business includes two retail and business banking operating segments, such as Canadian Personal and Commercial Banking (Canadian P&C), and the United States Personal and Commercial Banking (U.S. P&C). The Bank's Wealth Management business serves a range of client segments, from mainstream to ultra-high net worth and institutional, with an offering of wealth management products and services, including insurance. BMO Capital Markets is a North American-based financial services provider offering a range of products and services to corporate, institutional and government clients. The Bank has over 900 bank branches in Canada and the United States.
Financial Overview
For the three months ended 31 January 2020, Bank of Montreal interest income increased 3% to C$6.52B. Net interest income after loan loss provision remained flat at C$3.04B. Net income applicable to common stockholders increased 4% to C$1.52B. Net interest income after loan loss provision reflects BMO CM segment increase of 18% to C$646M, Canadian P&C segment increase of 7% to C$1.41B, also reflect U.S. P&C segment decrease of 14% to C$902M.
Employees: 45,513 as of Oct 31, 2019
Reporting Currency: Canadian Dollars
Enterprise value: $148,171M as of Jan 31, 2020
Annual revenue (TTM): $26,336M as of Jan 31, 2020
EBITDA (TTM): $13,551M as of Jan 31, 2020
Net annual income (TTM): $5,611M as of Jan 31, 2020
Free cash flow (TTM): $29,791M as of Jan 31, 2020
Net Debt Last Fiscal Year: $115,888M as of Jan 31, 2020
Shares outstanding: 639,624,567 as of Mar 2, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization