BMO Expects Benefits Even in Bank of the West’s Smaller Markets

BMO Expects Benefits Even in Bank of the West’s Smaller Markets

Bank of Montreal, which simplyaccomplished its $16.3 billion takeover of Bank of the West, expects to have the ability to achieve share even in US markets the place the agency solely has a sparse department presence.

The Bank of the West deal expands Bank of Montreal’s US footprint to 32 states and provides it 1.8 million new prospects. But, in many of these markets, Bank of the West has a restricted department presence, elevating questions on whether or not the Canadian lender could have ample scale to draw new prospects.