Bank of Montreal 2012 AR2
The report outlines BMO Financial Group's financial and operational performance for the fiscal year ended October 31, 2012. Key highlights include achieving a record adjusted net income of $4.1 billion, representing a 25% increase from the previous year, driven by the successful integration of Marshall & Ilsley Corporation (M&I) and strong commercial loan growth. The company also completed its core U.S. banking systems conversion and rebranded its expanded network to BMO Harris Bank. Additionally, BMO maintained a strong capital position with a pro-forma Basel III Common Equity Ratio of 8.7%.
Company: Bank of Montreal
Sector: Financials
Country: Canada
Year: 2012
Type: AR2
Pages: 193
Bank of Montreal
Annual Report
The report outlines BMO Financial Group's financial and operational performance for the fiscal year ended October 31, 2012. Key highlights include achieving a record adjusted net income of $4.1 billion, representing a 25% increase from the previous year, driven by the successful integration of Marshall & Ilsley Corporation (M&I) and strong commercial loan growth. The company also completed its core U.S. banking systems conversion and rebranded its expanded network to BMO Harris Bank. Additionally, BMO maintained a strong capital position with a pro-forma Basel III Common Equity Ratio of 8.7%.
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Document Details
Report Year
2012
Reporting Period
Nov 1, 2011 - Oct 31, 2012
Fiscal Year
2012
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Employees