蒙特利尔银行 (BMO) 2015年年度报告「TSX」.pdf

1、BMO Financial Group198th Annual Report 2015There are many ways to talk about what lies ahead:Change.Disruption.Opportunity.Growth.Weve gotten closer to our customers.Made banking simpler.Unified our businesses.Expanded our footprint.Invested in new platforms.Embraced a better rulebook.And through it

2、 all,delivered consistently strong results.Business Review2 Financial Snapshot/Who We Are4 Year in Review10 Chairmans Message11 CEOs Message16 Executive Committee17 Our Strategic Footprint18 Reasons to Invest in BMO20 Corporate Governance21 Board of DirectorsFinancial Review23 CFOs Foreword to the F

3、inancial Review24 Financial Performance and Condition at a Glance26 Managements Discussion and Analysis 118 Supplemental Information132 Statement of Managements Responsibility for Financial Information133 Independent Auditors Report of Registered Public Accounting Firm134 Report of Independent Regis

4、tered Public Accounting Firm 135 Consolidated Financial Statements140 Notes to Consolidated Financial StatementsResources and Directories202 Glossary of Financial Terms204 Where to Find More InformationIBC Shareholder Informationnow it gets interesting23BMO Financial Group 198th Annual Report 2015 3

5、Financial SnapshotReported1 Adjusted1,2As at or for the year ended October 31(Canadian$in millions,except as noted)2015201420152014Revenue3(p 38)19,389 18,223 19,39118,223 Insurance claims,commissions and changes in policy benefit liabilities3(CCPB)(p 41)1,254 1,505 1,254 41,505Revenue,net of CCPB(p

6、 38)18,135 16,718 18,137 16,718Provision for credit losses(p 42)612 561 612 561Non-interest expense(p 43)12,182 10,921 11,81910,761Net income(p 34)4,405 4,333 4,681 4,453Earnings per share diluted($)(p 34)6.6 5757 6.41 7.00 6.59Return on equity(p 35)12.5%14.0%13.3%14.4%Operating leverage,net of CCPB