Full-Time

Bank Manager

Posted on 11/1/2025

Deadline 1/31/26
Bank of Montreal

Bank of Montreal

10,001+ employees

Personal, business banking and capital markets

Compensation Overview

$57.5k - $106.5k/yr

+ Commission + Bonus

Broomfield, CO, USA

In Person

Category
Finance & Banking (1)
Required Skills
Sales
Customer Service
Requirements
  • Typically between 4 - 6 years of relevant experience and post-secondary degree in related field of study or an equivalent combination of education and experience.
  • In-depth knowledge of retail banking products and services.
  • Advanced knowledge of competitive marketplace and trends in product offerings.
  • Working knowledge of branch operational processes and policies.
  • Working knowledge of branch technologies, processes, and performance metrics.
  • Working knowledge of applicable regulations, audit standards, and related policies, procedures, and directives.
  • Technical proficiency gained through education and/or business experience.
  • Verbal & written communication skills - In-depth.
  • Collaboration & team skills - In-depth.
  • Analytical and problem solving skills - In-depth.
  • Influence skills - In-depth.
  • Data driven decision making - In-depth.
Responsibilities
  • Guides, directs, and coaches employees to deliver exceptional service to BMO customers and prospects.
  • Understands the needs of BMO customers or prospects to provide sales and service in the best interests of the customer.
  • Advises customers on products and strategies that meet their financial objectives.
  • Identifies and makes referrals to other business groups.
  • Supports sales and customer service activities to meet strategic customer experience and profitability goals in compliance with legal and regulatory requirements and the Bank’s policies and processes.
  • U.S. Only: This position will act as an originator of consumer loans as defined by Regulation Z, Regulation G, and the Secure and Fair Enforcement for Mortgage Licensing Act (the S.A.F.E. Act). This position will require a Federal registration with the Nationwide Mortgage Licensing System and Registry. The Bank will instruct you on the registration requirements needed to comply with this requirement. A criminal background review and credit history evaluation will be required for this position as well as restrictions on performing in a real estate agent capacity.
  • Fosters a culture aligned to BMO purpose, values and strategy and role models BMO values and behaviours in all that they do.
  • Ensures alignment between values and behaviour that fosters diversity and inclusion.
  • Regularly connects work to BMO's purpose, sets inspirational goals, defines clear expected outcomes, and ensures clear accountability for follow through.
  • Builds interdependent teams that collaborate across functional and operating groups to create the highest value for all stakeholders.
  • Attracts, retains, and enables the career development of top talent.
  • Improves team performance, recognizes and rewards performance, coaches employees, supports their development, and manages poor performance.
  • Develops and executes a branch business plan to maximize business growth and wallet share and achieve customer retention and acquisition objectives.
  • Contributes to the achievement of business objectives by conducting sales calls, establishing a personal referral network, and other business development activities.
  • Probes to understand customer personal banking and credit card needs and integrates marketing promotions and programs into customer conversations to provide strategic advice in the best interests of the customer.
  • Conducts cold calls to prospective customers to develop new customer relationships.
  • Develops and maintains a network in the community to enhance the Bank’s visibility and builds a strong referral source for new potential business.
  • Supports the Bank’s community involvement and participates in community activities.
  • Maintains a high-touch relationship with key branch customers and prospects within the market.
  • Resolves customer related issues using knowledge of bank services, products, and processes.
  • Fulfills sales and service activities for the customer in accordance with approved procedures.
  • Builds the business plan for the branch.
  • Influences and negotiates to achieve business objectives.
  • Identifies emerging issues and trends to inform decision-making.
  • Implements, reviews, and revises work plans.
  • Helps determine business priorities and best sequence for execution of business/group strategy.
  • Conducts independent analysis and assessment to resolve strategic issues.
  • Ensures alignment between stakeholders.
  • Establishes relationships with business partners (e.g. CDC, MasterCard, Symcor, etc.) to maintain knowledge of interdependent systems and related policies and procedures.
  • Monitors sales and service performance against plan to identify gaps, issues, and best practices, and develop and implement action plans that close performance gaps and resolve issues.
  • Breaks down strategic problems, and analyses data and information to provide insights and recommendations.
  • Communicates goals, plans, and assignments to achieve financial and customer service goals.
  • Leads the implementation of new programs, products and processes within the branch.
  • Coordinates the implementation of national and regional sales and service initiatives.
  • Monitors the service request and problem resolution processes for adherence to national standards.
  • Provides technical training and support to branch employees to maintain operational and sales effectiveness and recommends improvements.
  • Plans and controls unit operating expenses in accordance with forecasts.
  • Manages transactional outcomes for customer calls or defers to appropriate internal business groups.
  • Resolves complex or unresolved customer situations or escalates to the next higher manager for resolution.
  • Maintains current knowledge of personal banking and credit card industries, practices, and trends and integrates into customer conversations.
  • Builds effective relationships with internal/external stakeholders.
  • Maintains the confidentiality of customer and Bank information.
  • Identifies and reports suspicious patterns of activity that are suspected to be related to money laundering.
  • Complies with all legal and regulatory requirements for the jurisdiction.
  • Focus is primarily on business/group within BMO; may have broader, enterprise-wide focus.
  • Exercises judgment to identify, diagnose, and solve problems within given rules.
  • Works independently on a range of complex tasks, which may include unique situations.
  • Broader work or accountabilities may be assigned as needed.

Bank of Montreal (BMO) is a diversified financial services provider offering personal, business, and commercial banking, along with capital markets and wealth management, across Canada and the United States. Individuals use personal banking for everyday needs and loans, households can obtain mortgages and credit products, and businesses access commercial loans, treasury/cash management, and industry-specific advice. In capital markets, BMO assists clients with raising capital, trading, and research, while wealth management delivers investment strategies and asset management for portfolios. The company aims to help clients manage and grow their money through a full range of financial services for individuals, small businesses, large corporations, and public sector entities in North America.

Company Size

10,001+

Company Stage

IPO

Headquarters

Toronto, Canada

Founded

1988

Simplify Jobs

Simplify's Take

What believers are saying

  • OLBB digital platform national U.S. rollout April 27, 2026, wins Red Dot Award for SME banking UX.
  • Return on Intelligence podcast April 24, 2026, positions BMO as AI governance thought leader.
  • Indigenous Bond wins Environmental Finance Social Bond award April 14, 2026, boosting sustainable finance reputation.

What critics are saying

  • RBC and BMO sell Moneris to Francisco Partners by summer 2026, ceding payments to Stripe and Adyen.
  • OSFI mandates loan loss provisions on BMO's commercial real estate amid 20% U.S. office vacancies in 2026.
  • Iran conflict surges farm input costs, triggering agriculture loan defaults from Nutrien clients within 6-12 months.

What makes Bank of Montreal unique

  • BMO hosts 21st annual Farm to Market Conference May 13-14, 2026, convening Nutrien and Corteva leaders.
  • BMO issues first North American Indigenous Bond October 2025, funding Indigenous businesses via Cedar Leaf Capital.
  • BMO launches AI and Quantum Institute, partnering with Quantum Industry Canada and Chicago Quantum Exchange.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Tuition Reimbursement

Accident and Life Insurance

401(k) Retirement Plan

Professional Development Budget

Hybrid Work Options

Company News

Stock Titan
Apr 13th, 2026
BMO announces partnership with Quantum Industry Canada and Chicago Quantum Exchange.

BMO announces partnership with Quantum Industry Canada and Chicago Quantum Exchange. Rhea-AI Impact Rhea-AI Sentiment (Very Positive) partnership Rhea-AI summary. BMO (NYSE: BMO) announced partnerships with Quantum Industry Canada and the Chicago Quantum Exchange on April 13, 2026. These collaborations link BMO's new Institute for Applied Artificial Intelligence & Quantum to North American research and industry networks to support technology commercialization, workforce development, governance and knowledge sharing. Key figures. Share price: $144.31 Daily change: 1.08% 52-week range high: $149.01 +5 more Market reality check. Price: $144.31 Vol: Volume 494,532 is below t... Peers on argus. BMO was up 1.08% pre-news, while key peers were mixed: BNS up 0.82%, ING down 0... Previous partnership reports. 1 past event · Latest: Jan 10 (Positive) Same Type Pattern 1 events Historical comparison. -1.0% avg move · Past partnership news in 2025 averaged a -1.02% move. The new quantum-focused partnerships continue... partnership Market pulse summary. This announcement deepens BMO's quantum and AI engagement through partnerships with Quantum Industry... Key terms. quantum technologies, quantum computing, quantum networks, artificial intelligence AI-generated analysis. Not financial advice. 04/13/2026 - 07:00 AM * Partnerships focus on technology commercialization, research collaboration, workforce development and knowledge-sharing across North America * Aligns with recently announced BMO Institute for Applied Artificial Intelligence & Quantum, and the bank's focus on responsible technology adoption TORONTO, CHICAGO and SAN FRANCISCO, April 13, 2026 /PRNewswire/ - BMO today announced new partnerships with Quantum Industry Canada (QIC) and the Chicago Quantum Exchange (CQE), strengthening the bank's engagement with leading quantum research, industry and policy organizations. The partnerships build on BMO's April 9 announcement of the BMO Institute for Applied Artificial Intelligence & Quantum, a new Centre of Excellence focused on the responsible application and governance of AI and the advancement of quantum capabilities. Together, these initiatives reflect BMO's commitment to innovating, developing and integrating technologies that will shape the future of financial services and the broader economy. Through its collaborations with QIC and CQE, BMO is participating in early-stage, structured ecosystem partnerships focused on knowledge-sharing, workforce development and dialogue across academia, industry and policy communities. These engagements support BMO's long-standing approach to personalizing client experiences, augmenting team expertise and process automation, while contributing to the emergence of applications of quantum technologies that will impact the delivery of financial services. "Quantum technologies present significant long-term potential, along with important questions around security, governance and real-world application," said Dr. Kristin Milchanowski, Chief AI & Quantum Officer, BMO. "These partnerships enable us to engage constructively with leading organizations across Canada and the U.S. as the field continues to develop, while taking a responsible, informed approach grounded in collaboration, learning and readiness." BMO's participation in Quantum Industry Canada connects the bank to Canada's premier business-led quantum consortium, bringing together leading companies and strategic partners across the full quantum stack. Through QIC, BMO engages directly with Canada's quantum ecosystem, contributing perspectives informed by its expert technology bankers, enterprise-scale financial services experience and long-term readiness considerations. "Canada has played an outsized role in building the quantum era. The focus now is on translating that leadership into real capability, markets, and advantage," said Quantum Industry Canada's CEO Lisa Lambert. "BMO's participation reflects the shift from exploration to execution, and the role leading financial institutions play in scaling Canada's quantum economy." Through its partnership with the Chicago Quantum Exchange, BMO will engage with a Midwest-based intellectual hub that advances the science and engineering of quantum information, prepares the quantum workforce, and drives the quantum economy in collaboration with leading universities, national labs, and industry partners. With BMO's U.S. headquarters located in Chicago, the relationship provides a local foundation for ongoing dialogue, convenings and workforce-focused engagement, including exposure to emerging research and student talent relevant to financial services. "The CQE is building and scaling a full-spectrum quantum ecosystem by working closely with partners in key industries, like finance, to drive progress across the discovery-to-deployment pipeline," said David Awschalom, the University of Chicago's Liew Family Professor of Quantum Engineering and Physics and the founding director of the CQE. "Quantum technologies offer significant potential for financial institutions, from quantum networks that may enhance the protection of personal information to quantum computing approaches that could help identify fraud more effectively over time. Engaging in early, cross-sector dialogue with partners like BMO that share our commitment to responsible and efficient quantum sector growth is an important part of building a strong quantum economy." Together, these partnerships reflect BMO's long-term approach to emerging technologies as a financial advisor and capital provider, and as an innovator - engaging early with leading research and industry organizations, investing in knowledge and talent, and building the governance and institutional understanding required to evaluate potential applications responsibly as the quantum ecosystem matures. Recently, BMO became the first Canadian bank to join the IBM Quantum Network, extending its technology leadership in North America. BMO has also been recognized by Evident AI as one of the world's top 10 banks for AI innovation, received the Commercial Banking Impact Award for Artificial Intelligence and Advanced Analytics from Datos Insights, and was named one of Fast Company's Most Innovative Companies. About BMO Financial Group BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of January 31, 2026. Serving clients for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to approximately 13 million clients across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and stronger communities. SOURCE BMO Financial Group Faq. What did BMO (BMO) announce on April 13, 2026 about quantum partnerships? BMO announced partnerships with Quantum Industry Canada and the Chicago Quantum Exchange on April 13, 2026. According to the company, collaborations target commercialization, research collaboration, workforce development and responsible governance for AI and quantum technologies across Canada and the U.S. How do the Quantum Industry Canada and CQE partnerships affect BMO's technology strategy (BMO)? They strengthen BMO's engagement with quantum research and industry networks to inform strategy and readiness. According to the company, the partnerships provide access to emerging research, talent pipelines, and cross-sector dialogue to evaluate responsible applications for financial services. What specific activities will BMO pursue with Quantum Industry Canada and the Chicago Quantum Exchange? BMO will engage in knowledge-sharing, workforce development, and early-stage ecosystem partnerships with both groups. According to the company, activities include convenings, research collaboration, talent exposure and dialogue on security, governance and real-world application of quantum tech. Does BMO joining these partnerships change its existing AI and quantum initiatives (BMO)? The partnerships build on BMO's Institute for Applied Artificial Intelligence & Quantum and extend its ecosystem engagement. According to the company, the relationships are intended to accelerate learning, governance development and potential commercialization pathways responsibly across North America. Why is BMO partnering with CQE given its U.S. presence in Chicago (BMO)? Partnering with CQE ties BMO's U.S. headquarters in Chicago to a regional quantum hub for discovery and workforce development. According to the company, the connection supports local convenings, exposure to university research, and talent relevant to financial services innovation.

HPCwire
Apr 9th, 2026
BMO forms AI and Quantum Institute, appoints Chief AI and Quantum Officer.

BMO forms AI and Quantum Institute, appoints Chief AI and Quantum Officer. April 9, 2026 Press play to listen to this content TORONTO, CHICAGO and SAN FRANCISCO, April 9, 2026 - BMO (Bank of Montreal) today announced the establishment of the BMO Institute for Applied Artificial Intelligence & Quantum, a new enterprise-wide Centre of Excellence focused on the responsible innovation, application and governance of Artificial Intelligence (AI) and the development of Quantum capabilities. BMO's Institute brings together expertise from across science, policy, ethics and commercialization to build on BMO's decades-long use of AI while advancing its Quantum ambitions to enhance client experiences, increase productivity and efficiency, and support long-term growth, while maintaining strong governance and trust. "BMO is committed to building AI and Quantum capabilities that are innovative, trusted and centerd on our clients," said Steve Tennyson, Chief Technology & Operations Officer, BMO. "AI is accelerating how we build, modernize, and innovate across the bank and the Institute will strengthen our ability to turn leading edge technologies into meaningful value for BMO clients, while maintaining the discipline required to manage risk, operate at scale and support responsible adoption across global banking." Effective April 6, Dr. Kristin Milchanowski has been appointed BMO's Chief AI & Quantum Officer and will be the Founding Director of the BMO Institute for Applied Artificial Intelligence & Quantum. In this expanded role, she will continue to advance BMO's AI and Quantum capabilities, serve as a thought leader, and ensure strong, responsible governance across the enterprise. "BMO has been applying AI across the bank for decades to personalize client experiences, augment our teams and automate our business. These capabilities continue to evolve rapidly, alongside the emergence of Quantum technologies, creating both extraordinary opportunity and significant responsibility," said Dr. Kristin Milchanowski, Chief AI & Quantum Officer, BMO. "The BMO Institute for Applied Artificial Intelligence & Quantum will help further embed a mature, enterprise-wide AI agenda, while advancing our Quantum strategy across the Bank and beyond, while keeping us accountable and agile in this era of exponential change." With establishing the Institute, BMO is building on its significant investments in AI and other advanced technologies. Most recently, BMO became the first Canadian bank to join the IBM Quantum Network, extending its technology leadership in North America. BMO has also been recognized by Evident AI as one of the world's top 10 banks for AI innovation, received the Commercial Banking Impact Award for Artificial Intelligence and Advanced Analytics from Datos Insights, and was named one of Fast Company's Most Innovative Companies. About BMO Financial Group BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of January 31, 2026. Serving clients for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to approximately 13 million clients across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and stronger communities. ST. GALLEN, Switzerland and INCLINE VILLAGE, Nev., April 9, 2026 - Terra Quantum AG,... SANTA CLARA, Calif., April 9, 2026 - SiFive today announced it has raised $400 million... SANTA CLARA, Calif., April 9, 2026 - Intel Corporation and Google today announced a multiyear collaboration to... COLLEGE PARK, Md., April 9, 2026 - IQM Quantum Computers, a global leader in superconducting quantum... SINGAPORE and COLLEGE PARK, Md., April 9, 2026 - Horizon Quantum Holdings Ltd. and IonQ today announced... April 9, 2026 - The Practice and Experience in Advanced Research Computing (PEARC) Conference is...

BMO
Apr 9th, 2026
BMO establishes Institute for Applied Artificial Intelligence & Quantum.

BMO establishes Institute for Applied Artificial Intelligence & Quantum. * The BMO Institute for Applied Artificial Intelligence & Quantum builds on BMO's decades-long use of AI while advancing its Quantum ambitions to enhance client experiences, increase productivity and efficiency. * Dr. Kristin Milchanowski appointed to expanded role of Chief AI & Quantum Officer and Founding Director of the Institute. TORONTO, CHICAGO and SAN FRANCISCO, April 9, 2026 /CNW/ - BMO today announced the establishment of the BMO Institute for Applied Artificial Intelligence & Quantum, a new enterprise-wide Centre of Excellence focused on the responsible innovation, application and governance of Artificial Intelligence (AI) and the development of Quantum capabilities. BMO's Institute brings together expertise from across science, policy, ethics and commercialization to build on BMO's decades-long use of AI while advancing its Quantum ambitions to enhance client experiences, increase productivity and efficiency, and support long-term growth, while maintaining strong governance and trust. "BMO is committed to building AI and Quantum capabilities that are innovative, trusted and centred on our clients," said Steve Tennyson, Chief Technology & Operations Officer, BMO. "AI is accelerating how we build, modernize, and innovate across the bank and the Institute will strengthen our ability to turn leading edge technologies into meaningful value for BMO clients, while maintaining the discipline required to manage risk, operate at scale and support responsible adoption across global banking." Effective April 6, Dr. Kristin Milchanowski has been appointed BMO's Chief AI & Quantum Officer and will be the Founding Director of the BMO Institute for Applied Artificial Intelligence & Quantum. In this expanded role, she will continue to advance BMO's AI and Quantum capabilities, serve as a thought leader, and ensure strong, responsible governance across the enterprise. "BMO has been applying AI across the bank for decades to personalize client experiences, augment our teams and automate our business. These capabilities continue to evolve rapidly, alongside the emergence of Quantum technologies, creating both extraordinary opportunity and significant responsibility," said Dr. Kristin Milchanowski, Chief AI & Quantum Officer, BMO. "The BMO Institute for Applied Artificial Intelligence & Quantum will help further embed a mature, enterprise-wide AI agenda, while advancing our Quantum strategy across the Bank and beyond, while keeping us accountable and agile in this era of exponential change." With establishing the Institute, BMO is building on its significant investments in AI and other advanced technologies. Most recently, BMO became the first Canadian bank to join the IBM Quantum Network, extending its technology leadership in North America. BMO has also been recognized by Evident AI as one of the world's top 10 banks for AI innovation, received the Commercial Banking Impact Award for Artificial Intelligence and Advanced Analytics from Datos Insights, and was named one of Fast Company's Most Innovative Companies. About BMO Financial Group BMO Financial Group is the eighth largest bank in North America by assets, with total assets of $1.5 trillion as of January 31, 2026. Serving clients for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to approximately 13 million clients across Canada, the United States, and in select markets globally. Driven by a single purpose, to Boldly Grow the Good in business and life, BMO is committed to driving positive change in the world, and making progress for a thriving economy, sustainable future, and stronger communities. SOURCE BMO Financial Group For further information: Media contact: Jeff Roman, [email protected]; Scott Doll, [email protected], (416) 867-3996

Yahoo Finance
Apr 8th, 2026
Bank of Montreal hires former CIBC executive to co-lead equity capital markets division

Bank of Montreal has appointed former CIBC executive Joe Kostandoff to co-lead its equity capital markets division. The senior hire brings over two decades of experience from a major competitor into BMO's capital markets franchise. The leadership change may signal a shift in how BMO approaches equity issuance and advisory work for corporate clients. Executive moves at this level often influence hiring plans, client coverage and risk appetite across trading desks. The appointment comes as BMO remains active across equity and debt funding, having recently issued multi-year senior unsecured and covered bonds in US dollar and eurodollar markets. The hire aligns with BMO's focus on higher-margin, fee-based businesses, as equity capital markets activity contributes to non-interest income and client engagement.

Banking Dive
Mar 31st, 2026
BMO eyes top-5 commercial bank status with California push.

BMO eyes top-5 commercial bank status with California push. The lender is betting on its U.S. commercial bank's unified model, increased banker headcount and product enhancements to fuel growth, an executive said. Published March 31, 2026 Tony Sciarrino, head of BMO's U.S. commercial bank, said he's on a mission to "make a top-10 bank [into] a top-5 bank." Growth in California - where the lender is hiring bankers, building branches and boosting advertising - is a key component of that effort, the Canadian bank conveyed during its investor day in Toronto last week. Sciarrino, who's based in California, joined BMO a year ago to lead its commercial bank in the U.S. He spent 27 years at Bank of America in senior commercial banking roles before joining JPMorgan Chase, where he led the largest U.S. lender's western U.S. commercial banking business. At Bank of America, Sciarrino worked with Aron Levine, who jumped to BMO in mid-2025 to become the bank's U.S. president. Sciarrino has overseen BMO's shift to a unified commercial bank model, pairing local delivery with product and advisory expertise, which he contends is different from other banks. BMO "eliminate[s] a lot of the internal silos that I've seen in other places," Sciarrino said during a recent interview. He pointed to the lender's integrated middle-market investment bank, which has about 80 employees reporting to him. BMO's U.S. commercial bank serves about 22,000 clients generating between $10 million and $2 billion in revenue annually. The segment is responsible for about 55% of BMO's U.S. revenue, and comprises 47% of deposits and 70% of loans, according to investor day materials. BMO, whose U.S. operations are based in Chicago, aims to drive commercial revenue by deepening relationships with existing clients, lining up new ones and pushing its treasury, payments and capital markets services, Levine said during the March 26 investor day. The bank's U.S. commercial segment has about 800 bankers, with about 50 hired in recent months, Levine said. As for further hiring, BMO aims to boost its banker headcount to 960 by fiscal 2028, and "80% of future hires will be in California, where we aim to become a leading player in commercial banking, just like we are in the Midwestern markets," Levine said during investor day. Sciarrino noted the bank is hiring a U.S. middle-market leader who will report to him and Carrie Cook, global head of investment and corporate banking. The bank plans to continue to invest in talent as it realizes efficiencies through artificial intelligence tools, he said. The bank is also bolstering its California branch count, from 220 to 360, Levine said. BMO's U.S. presence grew dramatically with its 2023 purchase of Bank of the West, the U.S. retail arm of French lender BNP Paribas. That deal gave BMO its foothold in the San Francisco and Los Angeles markets. BMO's branch and hiring plans in California "replicate the Midwest playbook following the Bank of the West acquisition," Jefferies analyst John Aiken wrote in a recent note. Sciarrino noted the brand recognition that comes from the branch builds. A billboard in California shown during investor day asserted, "New to California. Not new to banking." In two years, brand awareness in the state nearly tripled, and brand consideration among California's general population went from 11% to 27%, according to investor day materials. When an analyst asked how the bank can differentiate in California since that's been a difficult endeavor for the superregionals, Levine pointed to BMO's industry expertise, treasury platform, capital markets business and the addition of Sciarrino and other talent. "We can compete with anyone, at any time, across commercial," he said. In the fiscal first quarter of 2026, revenue at BMO's the U.S. commercial bank dropped about 2% year over year, to $1.1 billion. By investing in talent and technology and promoting its full roster of products and services to its commercial clients, BMO expects to see a mid-single-digit increase in profitable loans and deposits in the medium term, Levine said. Loan growth is projected for the second half of the year. Those elements are expected to fuel a 10% non-interest revenue growth rate and 12% return on equity that BMO's U.S. banking segment is targeting in the medium term.

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