BMO Financial Group has agreed to sell 138 branches in the United States, mostly across the Great Plains, to First Citizens Bank in a move BMO says will allow it to free up capital to fund its expansion to markets the bank sees as more promising for long-term growth.
BMO to shift US branch network to West Coast from Great Plains
Bank of Montreal subsidiary to sell 138 retail locations to First Citizens Bank, open 150 locations in California, higher-demand areas
CoStar News
October 17, 2025 | 2:16 P.M.
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IN THIS ARTICLE
- Properties
- BMO Tower
320 Canal St, Chicago, IL
- Companies
- First Citizens Bank
Finance and Insurance
- Bank of Montreal
Finance and Insurance