BranchWatch

BMO Bank

Legal institution: BMO Bank National Association. Headquartered in Chicago, IL. Part of Bank of Montreal. FDIC certificate #16571 · Federal Reserve RSSD 75633.

Total assets
$252.0B
Deposits
$194.0B
Q1 2026
Active branches
988
Closings since Jan 2020
141
13 openings since Jan 2020
All locations →Quarterly financials →Customer complaints →

Financial snapshot — Q1 2026

All quarters →
Net income (quarter)
$733M
Return on assets
1.16%
Return on equity
7.82%
Noncurrent loan rate
1.01%

Deposits by year (Summary of Deposits)

101
2019
129
2020
134
2021
133
2022
202
2023
207
2024
199
2025

Values in $ billions, June 30 of each year.

Closings by year

37
2020
18
2021
10
2022
14
2023
41
2024
4
2025
17
2026

Openings by year

1
2020
1
2021
3
2022
3
2024
4
2025
1
2026

Other network changes since 2020

  • 19 branch relocations
  • 528 branches acquired through purchases or mergers
  • September 3, 2023: legal name changed from “BMO Harris Bank National Association” to “BMO Bank National Association”

Branches by state

California 226Illinois 179Wisconsin 145Colorado 68Arizona 62Indiana 49Minnesota 36Nebraska 29Kansas 24Missouri 23Iowa 21Oregon 21New Mexico 20Florida 18Wyoming 17Oklahoma 14Washington 8Nevada 7South Dakota 7Utah 5North Dakota 4Idaho 4Texas 1

Recent closings (30 of 141)

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.bmo.com.