Bank Of Montreal · TSX:BMO
Bank Of Montreal — Barclays Global Financial Services Conference 2013
12 slides from Bank Of Montreal's conference presentation, Sep 10, 2013
Slide 1: Barclays Global Financial Services Conference 2013
Barclays Global Financial Services Conference 2013 Investor Presentation September 10 2013 Tom Flynn EVP & Chief Financial Officer
Slide 2: Forward Looking Statements & Non-GAAP Measures
Forward Looking Statements & Non-GAAP Measures Caution Regarding Forward-Looking Statements Bank of Montreal’s public communications often include written or oral forward-looking statements. Statements of this type are included in this document, and may be included in other filings with Canadian sec
Slide 3: BMO Financial Group
BMO Financial Group 8th largest bank in North America1; 2nd largest Canadian bank by retail branches in Canada and the U.S. Who we are Q3 13 Results (C$ billions) Adjusted2 Reported Established in 1817 Revenue 3.9 4.1 Highly diversified financial services provider Net Income 1.1 1.1 based in Nor
Slide 4: Strategic Footprint
Strategic Footprint Year-to-date over 75% of adjusted revenues from retail businesses ~1,6001 Branches 2 $214B Customer Deposits 1 Branches in Canada and the U.S., excluding Other, 1,571 2 Q3’13 customer deposits: core deposits plus larger fixed-date deposits excluding wholesale customer deposits 20
Slide 5: Proven Strength in Commercial Banking
Proven Strength in Commercial Banking Our large North American platform is a key differentiator and positions us well P&C Canada P&C U.S. Commercial loan1 balances up 12% Y/Y and 3% Q/Q Strong core C&I loan growth, up 4% Q/Q; 7th straight sequential quarter of growth #2 market share position o
Slide 6: Advantaged Business Mix
Advantaged Business Mix Diversified by both geography and customer segment Personal & Commercial Canada Personal & Commercial U.S. • Over 7 million customers • Over 2 million customers • Over 900 branches; 2,701 ABMs • Over 600 branches and access to 1,359 ABMs • #2 market share in small and medium
Slide 7: Q3 2013 - Financial Highlights
Q3 2013 - Financial Highlights Good performance reflecting execution on strategies and benefits of diversification Adjusted1 (C$MM) Q3 12 Q2 13 Q3 13 Adjusted EPS up 13% Y/Y Revenue 3,677 3,759 3,892 Good operating group performance, especially P&C PCL 116 110 13 Canada and PCG Expense 2,342 2,4
Slide 8: Strong Capital Position Provides Flexibility
Strong Capital Position Provides Flexibility Basel III CET1 Ratio continues to be strong at 9.6% Basel III Q3 13 8 million common shares repurchased in Q2’13 and Q3’13 Common Equity Tier 1 Ratio (CET1) (%) 9.6 Dividend payout range 40-50% Tier 1 Capital Ratio (%) 11.2 Balancing dividends, wi
Slide 9: Operating Group Performance
Operating Group Performance Good operating group performance driven by diversified business mix Adjusted1 Net Income C$ millions unless otherwise indicated P & C Banking P & C Banking Private Client BMO Canada U.S. Group Capital Markets (US$) Y/Y 4% 7% 44% 23% Growth 1,341 1,392 867 707 485 520 542
Slide 10: Reasons to invest in BMO
Reasons to invest in BMO Good opportunities for growth across our diversified North American platform Proven strength in our large North American commercial banking businesses Good momentum in P&C Canada Strong wealth franchise with good growth opportunities Operating leverage from our exp
Slide 11: Q3 2013 - Financial Highlights (Reported basis)
Q3 2013 - Financial Highlights (Reported basis) Reported (C$MM) Q3 12 Q2 13 Q3 13 YTD (C$B) 2012 YTD 2013 YTD Revenue 3,878 3,944 4,050 Revenue 12.0 12.1 PCL 237 145 77 Net Income 3.1 3.2 Expense 2,484 2,568 2,542 EPS ($) 4.56 4.63 Net Income 970 975 1,137 Efficiency ratio (%) 63.1 63.8 EPS ($) 1.42
Slide 12: Investor Relations Contact Information
Investor Relations Contact Information www.bmo.com/investorrelations E-mail: investor.relations@bmo.com Fax: 416.867.3367 SHARON HAWARD-LAIRD Head, Investor Relations 416.867.6656 sharon.hawardlaird@bmo.com ANDREW CHIN Director 416.867.7019 andrew.chin@bmo.com
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