Bank of Montreal 2010 Annual Report Download - page 100

SUPPLEMENTAL INFORMATION
Supplemental Information
98 BMO Financial Group 193rd Annual Report 2010
Table 6: Other Statistical Information
As at or for the year ended October 31 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Other Information
Employees (1) 37,947 36,173 37,073 35,827 34,942 33,785 33,593 33,993 34,568 34,693
Bank branches 1,234 1,195 1,280 1,224 1,182 1,180 1,174 1,142 1,134 1,129
Automated banking machines (Canada) 2,076 2,030 2,026 1,978 1,936 1,952 1,993 2,023 2,000 1,982
Rates
Average Canadian prime rate (%) 2.46 2.70 5.21 6.08 5.57 4.30 4.05 4.69 4.15 6.55
Average U.S. prime rate (%) 3.25 3.34 5.69 8.19 7.76 5.85 4.17 4.17 4.79 7.68
Canadian/U.S. dollar exchange rates ($)
High 1.08 1.30 1.29 1.19 1.20 1.27 1.40 1.59 1.61 1.49
Low 1.00 1.03 0.92 0.95 1.10 1.16 1.22 1.30 1.51 1.59
Average 1.04 1.16 1.03 1.09 1.13 1.21 1.31 1.44 1.57 1.54
End of year 1.02 1.08 1.20 0.94 1.12 1.18 1.22 1.32 1.56 1.59
(1) Reflects full-time equivalent number of employees, comprising full-time and part-time employees and adjustments for overtime hours.
Table 7: Revenue and Revenue Growth ($ millions, except as noted)
5-year 10-year
For the year ended October 31 2010 2009 2008 2007 2006 CAGR CAGR
Net Interest Income 6,235 5,570 5,072 4,829 4,732 5.5 4.3
Year-over-year growth (%) 11.9 9.8 5.0 2.0 (0.9) na na
Net Interest Margin (1)
Average earning assets 332,468 341,848 326,803 304,471 261,461 6.5 5.0
Net interest margin (%) 1.88 1.63 1.55 1.59 1.81 na na
Canadian dollar net interest margin (%) 2.12 1.78 2.00 2.12 2.38 na na
U.S. dollar and other currencies net interest margin (%) 1.47 1.43 0.92 0.80 0.84 na na
Non-Interest Revenue
Securities commissions and fees 1,048 973 1,105 1,145 1,051 (0.8) 2.0
Deposit and payment service charges 802 820 756 728 729 1.8 2.2
Trading revenues (losses) 504 723 546 (487) 718 0.3 2.7
Lending fees 572 556 429 406 337 12.8 5.9
Card fees 233 121 291 107 396 (7.0) 0.8
Investment management and custodial fees 355 344 339 322 298 3.1 (0.5)
Mutual fund revenues 550 467 589 576 499 4.7 9.0
Securitization revenues 678 929 513 296 100 43.2 7.0
Underwriting and advisory fees 445 397 353 528 407 4.5 7.8
Securities gains (losses), other than trading 150 (354) (315) 247 145 (1.9) (2.0)
Foreign exchange, other than trading 93 53 80 132 102 (0.7) (4.4)
Insurance income 321 295 237 246 221 11.8 12.9
Other revenues 224 170 210 274 250 (12.5) (3.2)
Total non-interest revenue 5,975 5,494 5,133 4,520 5,253 3.4 3.3
Year-over-year growth (%) 8.8 7.0 13.6 (14.0) 3.8 na na
Non-interest revenue as a % of total revenue 48.9 49.7 50.3 48.3 52.6 na na
Total Revenue 12,210 11,064 10,205 9,349 9,985 4.4 3.8
Year-over-year growth (%) 10.4 8.4 9.2 (6.4) 1.5 na na
(1) Net interest margin is calculated based on average earning assets.
na – not applicable