The bank of
What drives us?
The energy of change.
Confidence in the future.
The potential of right now.
The opportunity to build... to invest... to transform.
We’ve refocused our priorities
and are growing stronger.
Driven by a bold ambition
and the knowledge that
we can create something better.
Like you, we’re constantly aiming higher.
How we work
Over the past 12 months, our bank delivered good performance. The diversification of our operating groups continues to be a key strength: our mix of businesses is advantaged and resilient. BMO has important strategic advantages, and we’re facing the future with confidence – building on what works, then aiming higher.
With the benefit of sustained, strategic investment, BMO has built a solid foundation for growth. And to see how that growth is accelerating, we only have to look at the bank’s key financial metrics for fiscal 2018.
- Drive leading growth in priority areas by earning customer loyalty
- Simplify, speed up, and improve productivity
- Harness the power of digital and data to grow
- Be leaders in taking and managing risk, consistent with our overall risk appetite
- Activate a high-performance culture
Addressing economic disparity
More and more, urban centres across North America have become checkerboards of have and have-not neighbourhoods. City residents are facing higher barriers to success simply because they live in lower-income areas. We know that more equitable access to opportunity means more people will be able to fulfill their potential, which in turn will allow entire communities to prosper. The challenge lies in determining what exactly needs to change – and then focusing the necessary resources to make it happen.
For more than a decade, BMO has partnered with United Way – in Toronto with its Hub strategy cities, and in Chicago with its neighbourhood initiative – investing in strengthening social supports and empowering people to help revitalize their neighbourhoods.
In September 2018, we announced a $10 million, five-year commitment to United Way Greater Toronto. In part, this will provide seed funding for an initiative that brings together community and business leaders in the search for new solutions to stubborn problems. By forging new public and private sector partnerships – and crucially, by including community organizations in our efforts – we can identify innovative ways to close the fairness gap and be catalysts for transformative change.