BAM Bam Groep (Kon)

RNS Number:9868P
Bank of Montreal
25 August 2000


PART 2


NET INCOME & AVERAGE ASSETS BY OPERATING GROUP

For the nine months ended
                             Personal & Commercial       Private 
                             Client Group (1)            Client Group (2) 
                             July 31,     July 31,      July 31,    July 31,
                                2000         1999          2000        1999

Net income (5 millions)
Canada                          486          384           133         77 
United States                   207           50            23         17
Mexico                           57           94             0          0
Other Countries                  47           36             0          7
Total                           797          564           156        101 

Average Assets ($ billions)
Canada                         80.3         75.0           1.6        1.3 
United States                  17.8         17.1           2.2        1.8 
Mexico                          0.8          0.7           0.0        0.0
Other Countries                 0.3          0.2           0.1        0.1

Total                          99.2         93.0           3.9        3.2



                            Investment  
                            Banking Group (3)          Total Considered (4)
                            July 31,   July 31,      July 31,    July 31,
                            2000        1999            2000        1999
                             
Net Income ($ millions)
 Canada                        209         71            749          467   
 United States                 209        306            444          387
 Mexico                          5          4             82          101
 Other Countries                53        100             97          169

 Total                         476        481          1,372        1,124
                                  
Average Assets ($ billions)     
 Canada                       53.7        42.7         127.0        111.0 
 United States                55.8        56.2          78.4         77.8
 Mexico                        0.8         1.0           1.7          1.8
 Other Countries              26.5        36.2          26.9         36.6

 Total                       136.8       136.1         234.0        227.2


(1) Personal and Commercial Client Group (P&C) is responsible for financial
    services to retail and commercial businesses in Canada and the U.S. through
    its branch and automated banking networks, electronic banking products,
    including mbanx services, credit card, corporate electronic banking,
    telebanking and alliances with the Bank's affiliated corporation Grupo
    Financiero Bancomer.

(2) Private Client Group is responsible for providing wealth management         
   services to individuals.  The Group encompasses six lines of business - BMO  
  Nesbitt Burns, Direct Investing (including BMO Investorline and Harris        
 Investorline), BMO Harris Private Banking and Harris Private Bank serving      
high net worth clients, Institutional Asset Management, and Retail             
Investment Products.

(3) Investment Banking Group is responsible for relationship management for
    large corporate and institutional customers, the delivery of treasury
    products and corporate and investment banking in Canada and the U.S.

(4) Total Consolidated includes general provisions for credit losses and any
    residual revenues and expenses representing the difference between actual
    amounts incurred and the amounts allocated to operating groups.

Basis of presentation of results of operating groups:
Expenses are matched against the revenues to which they relate.  Indirect
expenses such as overhead expenses and any revenue that may be associated
thereto, are allocated to the operating groups using appropriate allocation
formulas applied on a consistent basis.  For each currency, the net income
effect of funds transferred from any group with a surplus to any group with a
shortfall is at market rates for the currency and appropriate term. 
Segmentation of assets by geographical region is based upon the ultimate risk of
the underlying assets.  Segmentation of net income is based upon the geographic
location of the unit responsible for managing the related assets, liabilities,
revenues and expenses.

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