蒙特利尔银行 (BMO) 2010年年度报告「TSX」.pdf

1、193RD ANNUAL REPORT 2010$2.8billion BMO Financial Group Net IncomeNet income rose by 57%,or more than$1 billion,driven by reduced provisions for credit losses and stronger results in P&C Canada.13.45%Tier 1 Capital RatioThe Tier 1 Capital Ratio increased from 12.24%in 2009,providing greater operatio

2、nal and strategic flexibility.Revenue GrowthRevenue rose by more than$1.1 billion,or 10.4%,after having grown 8.4%and 9.2%in the past two years,demonstrating the benefits of our diversified business mix.10.4%Our Share Price($)BMO shareholders were rewarded with strong returns on their investment.Tot

3、al Shareholder Return(TSR)(%)BMOs one-year TSR was 26.4%,providing an annual shareholder return in the top tier of our Canadian peer group for the second consecutive year.5.9%5-Year TSROct 31 Jan 31 Apr 30 Jul 31 Oct 312009 2010 2010 2010 2010656055502010200920082007200624.1(5.8)(27.9)26.425.12010 P

4、erformanceFinancial Snapshot For the year ended October 31(Canadian$in millions,except as noted)2010 2009 2008Revenue(p 37)12,210 11,064 10,205 Total provision for credit losses(p 40)1,049 1,603 1,330 Non-interest expense(p 41)7,590 7,381 6,894 Net income(p 33)2,810 1,787 1,978 Earnings per share di

5、luted($)(p 33)4.75 3.08 3.76 Return on equity(ROE)(p 34)14.9%9.9%13.0%Cash operating leverage1(p 41)7.5%1.3%4.7%Tier 1 Capital Ratio(p 60)13.45%12.24%9.77%Net Income by SegmentP&C Canada(p 47)1,644 1,415 1,153 P&C U.S.(p 50)175 286 242 Private Client Group(p 53)470 359 426 BMO Capital Markets(p 56)8

6、20 873 568 Corporate Services,including Technology and Operations(T&O)(p 57)(299)(1,146)(411)Net Income(p 33)2,810 1,787 1,978 1 This is a non-GAAP measure.Please see the Non-GAAP Measures section on page 91.P 33P 37P 60P 32P 32 Table of ContentsBusiness Review2 Our Strategic Agenda4 Chairmans Messa