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BMO Considers Selling $6 Billion U.S. Branches

9/24/2025

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Story summary
  • Bank of Montreal (BMO) weighs selling U.S. branches with about $6 billion in deposits, Wyoming and the Dakotas.
  • Branches may be sold individually or in clusters, but no final decision has been reached.
  • In 2023, BMO bought BNP Paribas' U.S. unit Bank of the West for $16.3 billion, expanding to 2 million customers and 500 branches.