EX-99.3 4 d772602dex993.htm EX-99.3 EX-99.3

Exhibit 99.3

CONSOLIDATED CAPITALIZATION OF BANK OF MONTREAL

The following table sets forth the consolidated capitalization of the Bank at July 31, 2019.

 

     As at
July 31, 2019		  
   (in millions of Canadian
dollars)		  

Subordinated Debt

      6,876  

Total Equity

   

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

      5,348  

Common Shares

      12,958  

Contributed Surplus

      303  

Retained Earnings

      28,241  

Accumulated Other Comprehensive Income

      3,793  
  

 

 

  

Total Shareholders’ Equity

      50,643  

Total Capitalization

      57,519  
  

 

 

  

Notes:

 

(1)

Preferred Shares classified under Shareholders’ Equity consist of Class B Preferred Shares Series 25, 26, 27, 29, 31, 33, 35, 36, 38, 40, 42, 44 and 46. For more information on the classification of Preferred Shares, please refer to Note 7 of the unaudited interim consolidated financial statements of Bank of Montreal for the quarter ended July 31, 2019.

(2)

The Other Equity Instruments described under Shareholders’ Equity consist of Additional Tier 1 Capital Notes. Please refer to Note 7 of the unaudited interim consolidated financial statements of Bank of Montreal for the quarter ended July 31, 2019.