Bank of Montreal 2014 Annual Report Download - page 95

Supplemental Information
SUPPLEMENTAL INFORMATION
Supplemental Information
Certain comparative figures have been reclassified to conform to the current period’s presentation and for changes in accounting policies. Refer to
Note 1 of the consolidated financial statements. In addition, on November 1, 2011, BMO’s financial statements have been reported in accordance
with IFRS. Results for years prior to 2011 have not been restated and are presented in accordance with Canadian GAAP as defined at that time
(CGAAP).
As a result of these changes, certain growth rates and compound annual growth rates (CAGR) may not be meaningful.
Adjusted results in this section are non-GAAP measures. Refer to the non-GAAP Measures section on page 32.
Table 1: Shareholder Value and Other Statistical Information
As at or for the year ended October 31 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005
Market Price per Common Share ($)
High 85.71 73.90 61.29 63.94 65.71 54.75 63.44 72.75 70.24 62.44
Low 67.04 56.74 53.15 55.02 49.78 24.05 35.65 60.21 56.86 53.05
Close 81.73 72.62 59.02 58.89 60.23 50.06 43.02 63.00 69.45 57.81
Common Share Dividends
Dividends declared per share ($) 3.08 2.94 2.82 2.80 2.80 2.80 2.80 2.71 2.26 1.85
Dividend payout ratio (%) 47.8 47.5 46.0 57.1 58.6 90.6 73.9 64.8 43.0 39.1
Dividend yield (%) 3.8 4.0 4.8 4.8 4.6 5.6 6.5 4.3 3.3 3.2
Dividends declared ($ millions) 1,991 1,904 1,820 1,690 1,571 1,530 1,409 1,354 1,133 925
Total Shareholder Return (%)
Five-year average annual return 15.5 17.0 4.2 1.9 5.9 1.8 0.9 14.2 19.1 13.8
Three-year average annual return 16.7 11.5 10.8 17.4 4.5 (5.3) (5.6) 6.6 15.6 18.4
One-year return 17.1 28.8 5.2 2.4 26.4 25.1 (27.9) (5.8) 24.1 3.7
Common Share Information
Number outstanding (in thousands)
End of year 649,050 644,130 650,730 639,000 566,468 551,716 504,575 498,563 500,726 500,219
Average basic 645,860 648,476 644,407 591,403 559,822 540,294 502,062 499,950 501,257 500,060
Average diluted 648,475 649,806 648,615 607,068 563,125 542,313 506,697 508,614 511,173 510,845
Number of shareholder accounts 55,610 56,241 59,238 58,769 36,612 37,061 37,250 37,165 38,360 40,104
Book value per share ($) 48.18 43.22 39.41 36.76 34.09 31.95 32.02 28.29 28.89 26.48
Total market value of shares ($ billions) 53.0 46.8 38.4 37.6 34.1 27.6 21.7 31.4 34.8 28.9
Price-to-earnings multiple 12.8 11.8 9.7 12.2 12.7 16.3 11.4 15.3 13.5 12.5
Price-to-adjusted earnings multiple 12.4 11.7 9.9 11.5 12.5 12.5 9.2 11.6 13.4 12.9
Market-to-book value multiple 1.70 1.66 1.47 1.49 1.77 1.57 1.34 2.23 2.40 2.18
Balances
As at assets 588,659 537,044 524,684 500,575 411,640 388,458 416,050 366,524 319,978 293,862
Average daily assets 593,928 555,431 543,931 469,934 398,474 438,548 397,609 360,575 309,131 296,502
Average daily net loans and acceptances 292,098 266,107 246,129 215,414 171,554 182,097 175,079 165,783 153,282 139,414
Return on Equity and Assets
Return on equity (%) 14.0 14.9 15.9 15.1 14.9 9.9 13.0 14.4 19.2 18.8
Adjusted return on equity (%) 14.4 15.0 15.5 16.0 15.0 12.9 16.2 19.0 19.3 18.3
Return on average assets (%) 0.72 0.74 0.75 0.65 0.71 0.41 0.50 0.59 0.86 0.81
Adjusted return on average assets (%) 0.74 0.75 0.73 0.68 0.71 0.52 0.61 0.78 0.87 0.78
Return on average risk-weighted assets (%) (1) 1.85 1.93 1.96 1.70 1.74 0.97 1.07 1.20 1.71 1.63
Adjusted return on average risk-weighted
assets (%) (1) 1.91 1.94 1.92 1.79 1.76 1.25 1.32 1.58 1.71 1.58
Average equity to average total assets (%) 0.05 0.05 0.05 0.04 0.05 0.04 0.04 0.04 0.04 0.04
Other Statistical Information
Employees (2)
Canada 30,596 30,301 30,797 31,351 29,821 29,118 29,529 28,944 27,922 26,684
United States 14,836 14,696 14,963 15,184 7,445 6,732 7,256 6,595 6,785 6,901
Other 1,346 634 512 440 363 323 288 288 234 200
Total 46,778 45,631 46,272 46,975 37,629 36,173 37,073 35,827 34,941 33,785
Bank branches
Canada 934 933 930 920 910 900 983 977 963 968
United States 615 626 638 688 321 290 292 243 215 208
Other 4433355444
Total 1,553 1,563 1,571 1,611 1,234 1,195 1,280 1,224 1,182 1,180
Automated banking machines
Canada 3,016 2,900 2,596 2,235 2,076 2,030 2,026 1,978 1,936 1,952
United States 1,322 1,325 1,375 1,366 905 636 640 583 547 539
Total 4,338 4,225 3,971 3,601 2,981 2,666 2,666 2,561 2,483 2,491
2010 and prior based on CGAAP.
2011 has not been restated to reflect the new IFRS standards adopted in 2014.
(1) Beginning in 2008, return on average risk-weighted assets has been calculated under the Basel II guidelines; for all prior periods, return on average risk-weighted assets has been calculated using the
Basel I methodology.
(2) Reflects full-time equivalent number of employees, comprising full-time and part-time employees and adjustments for overtime hours.
106 BMO Financial Group 197th Annual Report 2014