BMO ▼ -0.8% - Bank of Montreal $BMO - BMO Completes Sale of 138 U.S. Branches to First Citizens Bank Bank of Montreal shares fell 0.8% after the company completed its sale of 138 U.S. branches to First Citizens Bank, a major step in BMO's strategic pullback from U.S. retail banking. The divestiture reflects BMO's shift to focus on higher-margin business lines and reduce its presence in the competitive U.S. branch network. 04-SEP-2026 06:01 PM ET