Please wait


.3

CONSOLIDATED CAPITALIZATION OF BANK OF MONTREAL

The following table sets forth the consolidated capitalization of the Bank as at January 31, 2026.

As at
January 31, 2026
(in millions of Canadian dollars)

Subordinated Debt    
8,412

Total Equity
    Preferred Shares(1) and Other Equity Instruments(2)    
7,706
    Common Shares    
23,708
    Contributed Surplus    
379
    Retained Earnings    
47,718
      Accumulated Other Comprehensive Income    
6,194
                Total Shareholders’ Equity    
85,705
      Non-controlling Interest in Subsidiaries    
46
                Total Equity    
85,751

Total Capitalization    
94,163


Notes:
(1)Preferred Shares classified under Total Equity consist of Class B Preferred Shares Series 44, 50 and 52. For more information on the classification of Preferred Shares, please refer to Note 6 of the unaudited interim consolidated financial statements of Bank of Montreal for the three months ended January 31, 2026.
(2)The Other Equity Instruments described under Total Equity consist of Additional Tier 1 Capital Notes and Limited Recourse Capital Notes, Series 2, 3, 4, 5 and 6. Please refer to Note 6 of the unaudited interim consolidated financial statements of Bank of Montreal for the three months ended January 31, 2026.


DC_LAN01:249201.1