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.

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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.

An illustration of the BMO logo captured on January 7, 2026. REUTERS/Dado Ruvic/Illustration
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