Mergers & Acquisitions
By The Online Investor Staff, updated Sun., Jan. 29, 5:09 PM
| This Slide: #47 of 100 |
Slide #47. BMO Financial Group — Bank of the West
Acquirer:
BMO Financial Group (NYSE:BMO)
Acquiree:
Bank of the West
Details:
BMO Financial Group (TSX:BMO) (NYSE:BMO), and its subsidiaries BMO Financial Corp. and BMO Harris Bank N.A. (together, "BMO"), today announced it has received all regulatory approvals required to complete its acquisition of Bank of the West from BNP Paribas (XPAR: BNP). BMO anticipates the acquisition will close onFebruary 1, 2023, subject to the satisfaction of customary closing conditions.
Bank of Montreal is a financial services provider based in North America. Co. conducts business through three operating groups: Personal and Commercial Banking, which provides customers with a range of financial products and services, including deposits, lending, and everyday financial and investment advice through a network of branches, dedicated contact centers, digital banking platforms and automated teller machines; BMO Wealth Management, which provides a range of wealth, asset management and insurance products and services; and BMO Capital Markets, which provides equity and debt investment and corporate banking services, as well as global market sales and trading solutions.
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Avg. Broker Rec.
 
|
Buy (3.25 out of 4) 42nd percentile
(ranked lower than approx. 58% of all stocks covered)
Analysts' Target Price: BMO Stock Forecast Based on Zacks ABR data; powered by Xignite |
