
First Citizens BancShares to Acquire 138 BMO Bank Branches

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First Citizens BancShares Inc. has agreed to acquire 138 branches from BMO Bank N.A., located in the Midwest, Great Plains, and West regions of the U.S. The deal involves assuming approximately $5.7 billion in deposit liabilities and acquiring about $1.1 billion in loans. The transaction is expected to close in mid-2026, subject to regulatory approvals and customary closing conditions.
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