BMOFinancial Group lowered its previously stated capital ratios for the firstthree quarters of the year after reviewing its approach to the calculation ofrisk-weighted assets.
The companyrevised its third-quarter Basel III common equity tier 1 ratio to 10.0% from10.5%. BMO revised its tier 1 ratio to 11.2% and its total capital ratio to13.3%.
For thesecond quarter, the company revised its Basel III common equity tier 1 ratio to9.7% from 10.0%. The tier 1 ratio was revised to 11.0% and the total capitalratio was revised to 13.1%. BMO revised its first quarter BaselIII common equity tier 1 ratio to 10.0% from 10.1%, and revised its tier 1ratio to 11.3% and its total capital ratio to 13.4%.
BMO Financial Group is a service mark of .