EX-99.3 4 d74320dex993.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, 2020.

 

     As at
July 31, 2020		  
   (in millions of Canadian
dollars)		  

Subordinated Debt

      8,513  

Total Equity

   

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

      5,348  

Common Shares

      13,200  

Contributed Surplus

      302  

Retained Earnings

      29,902  

Accumulated Other Comprehensive Income

      5,835  
  

 

 

  

Total Equity

      54,587  

Total Capitalization

      63,100  
  

 

 

  

Notes:

 

(1)

Preferred Shares classified under Total 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 6 of the unaudited interim consolidated financial statements of Bank of Montreal for the nine-months ended July 31, 2020.

(2)

The Other Equity Instruments described under Total Equity consist of Additional Tier 1 Capital Notes. Please refer to Note 6 of the unaudited interim consolidated financial statements of Bank of Montreal for the nine-months ended July 31, 2020.