Bank of Montreal and BNP Paribas Bank Polska SA To Acquire Bank of the West Conference Call Transcript - Thomson StreetEvents

Bank of Montreal and BNP Paribas Bank Polska SA To Acquire Bank of the West Conference Call Transcript

Bank of Montreal and BNP Paribas Bank Polska SA To Acquire Bank of the West Conference Call Transcript - Thomson StreetEvents
Bank of Montreal and BNP Paribas Bank Polska SA To Acquire Bank of the West Conference Call Transcript
Published Dec 20, 2021
Published Dec 20, 2021
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Transcript of BMO.TO M&A conference call or presentation 20-Dec-21 1:00pm GMT

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Bank of Montreal
Ticker
BMO.TO
Time
1:00pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Gabriel Dechaine - National Bank Financial, Inc., Research Division - Analyst : You're saying no revenue synergies, which is fine, but can you give us a number on NII upside with rate hikes, stand-alone Bank of the West?

Question: Gabriel Dechaine - National Bank Financial, Inc., Research Division - Analyst : With..

Question: Gabriel Dechaine - National Bank Financial, Inc., Research Division - Analyst : Exactly, (inaudible). REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. DECEMBER 20, 2021 / 1:00PM, BMO.TO - Bank of Montreal and BNP Paribas Bank Polska SA To Acquire Bank

Question: Gabriel Dechaine - National Bank Financial, Inc., Research Division - Analyst : So yours is around -- in your U.S. business, they're around USD 90 million (inaudible). Is it around the same?

Question: Gabriel Dechaine - National Bank Financial, Inc., Research Division - Analyst : Okay. Is there any potential -- like, you sell any part of the business that you're acquiring, like stuff that -- like, in the Pacific Northwest or any of the branch network?

Question: Gabriel Dechaine - National Bank Financial, Inc., Research Division - Analyst : And you're locked in with the price. So what about the break fee if the administration rejects it?

Question: Gabriel Dechaine - National Bank Financial, Inc., Research Division - Analyst : All right. On the equity that you're planning to issue, the $2.7 billion, the timing of that, is there -- is it on close? Could it be interim? And what are the contingencies that will affect the size of that issue?

Question: Gabriel Dechaine - National Bank Financial, Inc., Research Division - Analyst : And you're immediately accretive (inaudible), looks like a Jan 1 close, let's say, Jan 1 -- or sorry, November (inaudible)?

Question: Gabriel Dechaine - National Bank Financial, Inc., Research Division - Analyst : And we've asked about regulatory approvals in the U.S. for obvious reasons. But the 11% core Tier 1, I think that's fine. It's just like we're in a different world now that you ran that by OSFI, I imagine?

Question: Gabriel Dechaine - National Bank Financial, Inc., Research Division - Analyst : (inaudible) Okay. All right. Any FX hedging required on this?

Question: Gabriel Dechaine - National Bank Financial, Inc., Research Division - Analyst : Okay. What happens if the U.S. dollar goes up a lot? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. DECEMBER 20, 2021 / 1:00PM, BMO.TO - Bank of Montreal and BNP Paribas Bank Polska SA To Acquire Bank Unidentified Company Representative We will be adding our exposure.

Table Of Contents

Bank of Montreal Annual Shareholders Meeting Transcript – 2022-04-13 – US$ 54.00 – Edited Transcript of BMO.TO shareholder or annual meeting 13-Apr-22 1:30pm GMT

Bank of Montreal at National Bank Financial Services Conference Transcript – 2022-03-22 – US$ 54.00 – Edited Transcript of BMO.TO presentation 22-Mar-22 3:05pm GMT

Bank of Montreal at RBC Capital Markets Financial Institutions Conference (Virtual) Transcript – 2022-03-08 – US$ 54.00 – Edited Transcript of BMO.TO presentation 8-Mar-22 8:20pm GMT

Bank of Montreal Q1 2022 Earnings Call Transcript – 2022-03-01 – US$ 54.00 – Edited Transcript of BMO.TO earnings conference call or presentation 1-Mar-22 12:15pm GMT

Bank of Montreal at RBC Capital Markets Canadian Bank CEO Conference Transcript – 2022-01-10 – US$ 54.00 – Edited Transcript of BMO.TO presentation 10-Jan-22 2:25pm GMT

Bank of Montreal Q4 2021 Earnings Call Transcript – 2021-12-03 – US$ 54.00 – Edited Transcript of BMO.TO earnings conference call or presentation 3-Dec-21 1:00pm GMT

Intact Financial Corp Virtual Fireside Chat with BMO Capital Markets Transcript – 2021-11-12 – US$ 54.00 – Edited Transcript of BMO.TO brokerage analyst conference call 12-Nov-21 3:00pm GMT

Bank of Montreal at Barclays Financial Services Conference (Virtual) Transcript – 2021-09-14 – US$ 54.00 – Edited Transcript of BMO.TO presentation 14-Sep-21 1:45pm GMT

Bank of Montreal at Scotiabank Financials Summit (Virtual) Transcript – 2021-09-09 – US$ 54.00 – Edited Transcript of BMO.TO presentation 9-Sep-21 1:20pm GMT

Bank of Montreal Q3 2021 Earnings Call Transcript – 2021-08-24 – US$ 54.00 – Edited Transcript of BMO.TO earnings conference call or presentation 24-Aug-21 12:15pm GMT

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MLA:
Thomson StreetEvents. "Bank of Montreal and BNP Paribas Bank Polska SA To Acquire Bank of the West Conference Call Transcript" Dec 20, 2021. Alacra Store. Nov 06, 2026. <http://www.alacrastore.com/thomson-streetevents-transcripts/Bank-of-Montreal-and-BNP-Paribas-Bank-Polska-SA-To-Acquire-Bank-of-the-West-Conference-Call-T15078009>
  
APA:
Thomson StreetEvents. (2021). Bank of Montreal and BNP Paribas Bank Polska SA To Acquire Bank of the West Conference Call Transcript Dec 20, 2021. New York, NY: Alacra Store. Retrieved Nov 06, 2026 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Bank-of-Montreal-and-BNP-Paribas-Bank-Polska-SA-To-Acquire-Bank-of-the-West-Conference-Call-T15078009>
  
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