Big six bank doubles down on US expansion amid economic uncertainty [Wealth Professional (Canada)]
Bank Of Montreal (BMO)
Last bank of montreal earnings: 2/25 06:00 am
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Source: Wealth Professional
Bank of Montreal plans to lift its California branch footprint by more than 50 percent in five years, even as many banks shrink their physical networks—a move that squarely targets advice-driven business in the US West. According to Reuters , BMO intends to open more than 130 financial centres in California and about 15 in Arizona over the next five years, as it expands its presence following the sale of several branches across the United States last year. BNN Bloomberg reports that the new California locations will build on the more than 220 financial centres the bank already operates in the state. As per Reuters , BMO said in October it would sell 138 branches to First Citizens Bank and reinvest in markets with stronger client engagement and longer-term growth prospects. BNN Bloomberg reports that those divested locations include branches in North Dakota, Wyoming, Kansas and Oklahoma, with the bank now concentrating on markets it sees as having the greatest potential for lo
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News
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BMO
Earnings
- 2/25/26 - Beat
BMO
Sec Filings
- 3/19/26 - Form 6-K
- 3/19/26 - Form FWP
- 3/19/26 - Form FWP
- BMO's page on the SEC website