BMO Financial Group Investor Presentation For the Quarter Ended October 31, 2024 December 5, 2024 Q4 24 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 securities regulators or the U.S. Securities and Exchange Commission, or in other communications. All such statements are made pursuant to the "safe harbor" pr ...

Core Viewpoint - Bank of Montreal intends to repurchase up to 20 million common shares under a normal course issuer bid, pending regulatory approvals, which represents approximately 2.7% of the public float as of November 30, 2024 [1][2][3]. Group 1: Share Repurchase Details - The share repurchase program is subject to approval from the Office of the Superintendent of Financial Institutions Canada (OSFI) and the Toronto Stock Exchange (TSX) [1][2]. - The bid will commence following TSX acceptance of the notice and will continue for up to one year [2]. - The common shares available for repurchase are approximately 20 million, which is about 2.7% of the public float of 729,409,604 common shares as of November 30, 2024 [2][3]. Group 2: Market and Regulatory Context - The purchases will be made through the TSX and may also occur through other designated exchanges and alternative Canadian trading systems [1]. - The timing and amount of purchases will depend on market conditions and management discretion [2]. - The Bank will pay the market price for shares at the time of acquisition, except for purchases made under an Exemption Order, which will generally be at a discount [2]. Group 3: Capital Management - The proposed normal course issuer bid will provide the Bank with additional flexibility to manage its capital position [3]. - As of November 30, 2024, there were 729,664,893 common shares issued and outstanding [3]. - The program reflects the Bank's strategy to optimize its capital structure and return value to shareholders [3].

Financial Results Highlights - BMO Financial Group reported a net income of $2,304 million for Q4 2024, an increase from $1,710 million in Q4 2023, while adjusted net income decreased to $1,542 million from $2,243 million [1] - Reported earnings per share (EPS) rose to $2.94 from $2.19, but adjusted EPS fell to $1.90 from $2.93 [1] - Provision for credit losses (PCL) significantly increased to $1,523 million from $446 million, with $416 million attributed to performing loans [1] - Return on equity (ROE) improved to 11.4% from 9.3%, while adjusted ROE decreased to 7.4% from 12.4% [1] - The Common Equity Tier 1 (CET1) Ratio strengthened to 13.6% from 12.5% [1] Fiscal Year Comparison - For fiscal 2024, net income was $7,327 million, up from $4,437 million in fiscal 2023, while adjusted net income decreased to $7,449 million from $8,735 million [1] - Reported EPS for fiscal 2024 was $9.51, compared to $5.76 in fiscal 2023, while adjusted EPS fell to $9.68 from $11.81 [1] - Total PCL for fiscal 2024 was $3,761 million, compared to $2,178 million in fiscal 2023 [1] - ROE for fiscal 2024 was 9.7%, up from 6.2%, while adjusted ROE was 9.8%, down from 12.6% [1] Business Segment Performance - Canadian P&C reported net income of $750 million, a decrease of 18% from the prior year, despite a 5% increase in revenue [4] - U.S. P&C net income was $256 million, down 57% from the prior year, reflecting a 1% decrease in revenue [5] - Wealth Management reported net income of $326 million, a decrease of 7%, with higher revenue in Wealth and Asset Management but lower income in Insurance [6] - BMO Capital Markets net income was $251 million, a decrease of 47%, primarily due to lower revenue and higher provisions for credit losses [7] - Corporate Services reported net income of $721 million, a significant improvement from a net loss of $626 million in the prior year [8] Capital and Liquidity - BMO's CET1 Ratio was 13.6% as of October 31, 2024, an increase from 13.0% at the end of the previous quarter [9] - The company announced a quarterly dividend of $1.59 per common share, a 5% increase from the prior year [1] - BMO intends to establish a normal course issuer bid (NCIB) for up to 20 million common shares, pending regulatory approvals [1]

Three-Year Term Extension Combined with Simplification and Reduction of Interest Rates Helps Further Strengthen Company’s Balance Sheet and Overall Financial Position Builds Upon Other Recent Strategic Financial Activities, including $24.3 Million PIPE Financing Company Continues to Build Strong Foundation for Execution of Growth Strategy; Highlighted by Strengthened Leadership, Improved Financial Position, Enhanced Capabilities, and Expanded Capacity CHASKA, Minn., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Lifecor ...

DENVER, Nov. 18, 2024 (GLOBE NEWSWIRE) -- American Rare Earths Limited (ASX: ARR | OTCQX: ARRNF | ADR: AMRRY) ("ARR" or "the Company") is excited to announce the engagement of BMO Capital Markets Limited ("BMO"), a globally recognized leader in metals and mining financial advisory, as its financial adviser. This engagement represents a major step forward in ARR's vision to establish the Halleck Creek Project in Wyoming as a cornerstone of the U.S. critical minerals supply chain. Working closely with ARR and ...

Dividend growth stocks aren't always the most exciting investments out there. They often aren't grabbing the headlines, and they aren't the stocksFor some background on this monthly publication, here is my view on dividend growth stocks :Interested in more income ideas? Check out Cash Builder Opportunities, where we provide ideas about high-quality and reliable dividend growth ideas. These investments are designed to build growing income for investors. A special focus on investments that are leaders within ...

Research Trans sis 350 10 20 38 201 20 on sis 350 10 20 as ow CASH FLOW CleH I CAPITAL CON S - Langer ISSUS ® (0 (0) CASH FLOW POOR -INVESTOR INTEREST CASH FLOW FINUTAL ALOCATION ab >10 CASH FLOW ALLOGATION CICH S - Langer ISSUS 9 发 a 0 CASH FLOW -POOR INVESTOR INTEREST CASH FLOW FINUTTAL ALOCATION ab >10 Neils Christensen Share Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experi ...

Ms. Cooper was formerly President and CEO of GE Capital's Commercial Distribution business and an officer of GE Company. She also led the GE Capital Equipment Finance and Franchise Finance businesses and previously held senior roles in Franchise Finance, Real Estate and Consumer Finance at GE. Ms. Cooper currently serves as a Board Member and Risk Oversight and Capital Committee Chair at BMO's U.S. subsidiary, BMO Financial Corp.; Board Member at BMO Bank N.A.; and Board Member and Risk Committee Chair at S ...

Group 1 - Bank of Montreal (BMO) is recognized as a premier dividend stock in Canada, boasting a remarkable record of 195 years of consecutive dividend payments [1] - The company is expected to perform well in the future, driven by its focus on undercovered and unappreciated Canadian dividend stocks [1]

Investors in Bank of Montreal (BMO) need to pay close attention to the stock based on moves in the options market lately. That is because the Dec 20, 2025 $40 Call had some of the highest implied volatility of all equity options today.What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mea ...