1、190th Annual Report 2007Who We AreFounded in 1817 as Bank of Montreal,BMO Financial Group is today a highly diversifiedNorth American financial services provider.Through our four operating groups Personal and Commercial Banking Canada,Personal and Commercial Banking U.S.,Private Client Group and BMO
2、 Capital Markets we serve a broad range of personal,commercial,corporate and institutional customers.Further improved customer loyaltythrough refining our customer experienceand providing excellent customer service.Emphasized same store revenue growthwhile maintaining a disciplined focus on managing
3、 expenses.Continued to build our branch networkprimarily through acquisition,closing on our acquisition of First National Bank&Trust in Indiana and announcingthe acquisitions of Ozaukee Bank and Merchants and ManufacturersBancorporation,Inc.in Wisconsin.Delivered strong referral volumes in the Unite
4、d States,increasing referrals toand from Harris Private Bank by nearly80%.PCG Canada delivered consistentlystrong referrals,continuing to improve on the high levels attained in prior years.BMO Harris Private Banking was recognized in Euromoney MagazinesGlobal Survey of private banking services as th
5、e Best Local Private Bank in Canada and Harris Private Bank was rated as one of the top five local private banks in the United States.Personal and Commercial BankingCanada(P&C Canada)serves over sevenmillion customers.Working in partnershipwith other BMO businesses,we offer afull range of products a
6、nd services.Theseinclude solutions for everyday banking,financing,investing,credit card and insur-ance needs,as well as a full suite ofintegrated commercial and capital marketproducts and financial advisory services.P&C Canadas extensive delivery networkencompasses almost 1,000 BMO Bank ofMontrealtr