Bank of Montreal 2004 Annual Report Download - page 3

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Private Client Group
Private Client Group (PCG) offers clients a full range of wealth
management products and services, including full-service and
direct investing, private banking and investment products.
Our highly trained professionals are dedicated to serving the
needs and goals of our clients to accumulate, protect and
grow their financial assets. Private Client Group serves clients
through BMO Bank of Montreal and Harris branches, as well
as through stand-alone BMO InvestorLine, BMO Nesbitt Burns
and BMO Harris Private Banking offices in Canada, and
through Harrisdirect and Harris Private Bank
TM1
offices in key
U.S. centres. Through California-based Harris myCFO, we provide
customized investment and advisory services to wealthy
individuals and families in selected U.S. markets.
Trim this area
BMO Financial Group at a Glance
TM1
TM1
TM1
*
®1
Investment Banking Group
Investment Banking Group (IBG) combines all of our businesses
serving corporate, institutional and government clients. In Canada,
operating under the BMO Nesbitt Burns brand, our client base
comprises large corporations and institutions across a broad range
of industry sectors. In the United States, operating under the
Harris Nesbitt
®
1
brand, we serve corporate and institutional clients
in selected sectors. Investment Banking Group offers clients
complete financial solutions across the entire balance sheet,
including public and private debt and equity underwriting,
corporate lending, securitization, cash management, risk
management and trade finance. We also offer leading financial
advisory services in mergers and acquisitions and restructurings,
and we provide investing clients with industry-leading
research, sales and trading services.
Personal and Commercial Client Group
Personal and Commercial Client Group (P&C) provides more
than eight and a half million customers across Canada and the
United States with fully integrated personal and commercial
banking solutions. These include deposit accounts, loans
and credit cards, insurance products and personal investment
products. Our products and services are delivered by a highly
skilled team of professionals through 1,156 BMO Bank of
Montreal and Harris branches, telephone and online banking
through bmo.com and harrisbank.com, and a network of
more than 2,460 automated banking machines.
200420032002
Net Income: P&C
(Canadian $ in millions)
807
937
1,003
200420032002
Net Income and Cash
Net Income: PCG
(Canadian $ in millions)
79
191
144
274
231
Cash Net Income
Net Income
122
200420032002
Net Income: IBG
(Canadian $ in millions)
601
721
856
Increase of
60%
Increase of
7%
Increase of
19%
Bank of Montreal has taken a unified branding approach that links all of the organization’s member companies. Bank of Montreal, together with its subsidiaries,
is known as BMO®Financial Group. As such, in this document, the names BMO and BMO Financial Group mean Bank of Montreal.