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Bank of Montreal
Trends
- 1BMO regains confidence in its US banking strategy▼Why BMO has regained confidence in its US strategy The bank expects to deliver on its U.S. return on equity target of 12
Bank of Montreal says it expects to hit its US return on equity target of 12% by October 31, 2027, a sign of renewed confidence in its American operations after a period of pressure. The update, reported by American Banker, is drawing attention among banking and financial services observers tracking how Canadian banks perform in the US market.