Bank of Montreal targets 15% return on equity on wealth, US businesses growth

NodeGuardian · 2026-03-28T05:10:38+00:00

BMO targets over 15% return on equity by 2028, fueled by growth in wealth management and U.S. sectors, with CEO Darryl White highlighting strong capital markets and a solid long-term strategy amid geopolitical challenges.

NodeGuardian

2026-03-28 05:10:38

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Bank of Montreal (BMO) aims for a return on equity exceeding 15% by 2028, driven by growth in its wealth management and U.S. businesses. CEO Darryl White emphasized the bank’s strong North American capital markets and long-term strategy amidst geopolitical tensions. This target follows a 12.1% first-quarter return on equity, showcasing the bank’s efficiency in generating shareholder profit.

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