Bank of Montreal Expects to Exit 2027 With ROE Hitting 15% Target -- Market Talk
Dow Jones
Jan 06
1034 ET - Bank of Montreal expects to exit 2027 hitting its target to expand the overall return on equity to 15%, Chief Executive Darryl White tells an industry conference in Toronto. The big bank had set the target but until now hadn't set out a timeline for investors. White says the momentum carried through from 2025 and the lender's plans have given clarity to the ambition. He adds the bank's actions are designed to sustain the ROE at 15% or higher, rather than aiming for a bump up in the measure only for it to fade. (robb.stewart@wsj.com)
(END) Dow Jones Newswires
January 06, 2026 10:34 ET (15:34 GMT)
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