1、BMO Financial Group 2022 Annual Report to Shareholders 205th Annual ReportWho we areEstablished in 1817,BMO Financial Group is the eighth largest bank in North America by assets,with total assets of$1.14 trillion.We are highly diversified,providing a broad range of personal and commercial banking,we
2、alth management,global markets and investment banking products and services.We serve twelve million customers across Canada and the United States,and in select markets globally,through three integrated operating groups.Personal and Commercial(P&C)BankingProvides financial products and services to cu
3、stomers across North America.Personal and Business Banking helps customers make real financial progress through a network of branches,contact centres,digital banking platforms and automated teller machines.Commercial Banking serves clients as a trusted advisor,offering industry expertise,a local pre
4、sence and a comprehensive range of commercial products and services.BMO Wealth Management(WM)Serves a full range of clients,from individuals and families to business owners and institutions,offering a wide spectrum of wealth,asset management and insurance products and services aimed at helping clien
5、ts plan,grow,protect and transition their wealth.Our asset management business is focused on delivering innovative client solutions and strategies.BMO Capital Markets(CM)A North America-based financial services provider offering a complete range of products and services to corporate,institutional an
6、d government clients.BMO Capital Markets has approximately 2,800 professionals in 32 locations around the world,including 18 offices in North America.ABOUT BMOBusiness Review2 Financial Performance3 Digital Awards and Recognition Highlights4 Chairs Message5 Chief Executive Officers Message8 A Thrivi