EX-99.1 2 d507014dex991.htm EX-99.1 EX-99.1

Exhibit 99.1

CONSOLIDATED CAPITALIZATION OF BANK OF MONTREAL

The following table sets forth the consolidated capitalization of the Bank as at Oct 31, 2023.

 

     As at
Oct 31, 2023		  
   (in millions of
Canadian dollars)		  

Subordinated Debt

      8,228  

Total Equity

   

Preferred Shares(1) and Other Equity Instruments(2)

      6,958  

Common Shares

      22,941  

Contributed Surplus

      328  

Retained Earnings

      44,920  

Accumulated Other Comprehensive Income (loss)

      1,862  
        

Total Shareholders’ Equity

      77,009  

Non-controlling Interest in Subsidiaries

      28  

Total Equity

      77,037  

Total Capitalization

      85,265  
        

Notes:

 

(1)

Preferred Shares classified under Total Equity consist of Class B Preferred Shares Series 27, 29, 31, 33, 44, 46, 50 and 52. For more information on the classification of Preferred Shares, please refer to Note 16 of the audited consolidated financial statements of Bank of Montreal for the year October 31, 2023.

(2)

The Other Equity Instruments described under Total Equity consist of Additional Tier 1 Capital Notes and Limited Recourse Capital Notes, Series 1, 2 and 3. Please refer to Note 16 of the audited consolidated financial statements of Bank of Montreal for the year ended October 31, 2023.