BMO Focuses on Organic Growth in US
Update: 2025-12-05
Description
BMO Financial Group, a Canadian bank, is prioritizing organic growth in its U.S. business over large acquisitions. CEO Darryl White emphasized this strategy during a recent earnings call, aiming to improve return on equity. BMO has been restructuring its U.S. operations, selling off less profitable ventures and investing in talent, technology, and branch network expansion. They plan to sell underperforming branches and open new ones in high-growth markets, a strategy that has already yielded positive results.
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