BMO To Open 130+ Locations In CA

BMO this week announced plans to add over 130 new California locations, with seven set to open later this year.

The locations coming in 2026 will include three in greater Los Angeles, two in the Bay Area and two in San Diego, according to the company, which added that plans for more locations will be announced at a later date.

"These financial centers provide our clients more opportunity to meet face to face with our teams to discuss their goals for their business and personal financial lives, build trusted relationships, and receive personalized guidance that helps them make real financial progress,” BMO U.S. President Aron Levine said in a news release announcing the new locations.

The expansion is expected to support hundreds of jobs over the next five years, according to the company, which noted BMO already has more than 220 locations in California.

On top of the new California locations, BMO will open about 15 locations in Arizona and will continue to invest in its existing locations through renovations and relocations, the news release said.

BMO Financial Group is the eighth-largest bank in North America by assets, with total assets of $1.5 trillion as of Jan. 31. It has about 13 million clients across Canada, the U.S. and select markets globally.