BMO targets 15 percent return on equity through growth
BMO aims for a 15 percent return on equity by 2028 through U.S. and wealth growth. CEO Darryl White says the bank is resilient despite global economic risks.
Xurve View
Insights:
Xurve View
Bank of Montreal has announced a target return on equity of more than 15% by 2028, signaling a strategic focus on expanding its wealth management and United States operations. The Canada-based financial institution shared these goals during its Investor Day, where leadership outlined a path for accelerated growth across its core business segments.
