BMO completes sale of 138 US branches to First Citizens Bank

4. Sep 2026

Description

(AWP Alliance News) - BMO has completed the sale of 138 U.S. branches to First Citizens Bank. The branches are primarily in North Dakota, South Dakota, Wyoming, Nebraska, Kansas, Missouri, Oklahoma, and Idaho, with additional locations in Minnesota, Oregon, and Illinois.

The divestment is part of a plan to optimize its U.S. branch footprint and redeploy capital toward markets with stronger client engagement and longer-term growth prospects.

https://www.publicnow.com/view/1247C9CCB9B3450D207B15FF0A734BE65CBF67A6…

Disclaimer: This news brief was created using generative artificial intelligence. BMO - Bank of Montreal published the original content used to generate this news brief via CNW on September 04, 2026, and is solely responsible for the information contained therein.