The accolades reflect BMO's strategic expansion and its ability to scale digital capabilities across its North American platform. CEO Darryl White emphasized that the bank is leveraging AI to personalize client experiences and provide proactive support, noting that these investments are central to the institution's current growth strategy. As of April 30, 2026, the bank managed $1.5 trillion in assets, maintaining its position as the eighth-largest financial institution in North America.
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Global Finance Names BMO Best Bank in North America
BMO Financial Group has secured three top honors from Global Finance, earning recognition as the best bank in North America, the Western United States, and for transaction banking across the continent. The awards highlight the institution's aggressive integration of artificial intelligence and digital innovation within its core operations.
In the U.S. market, the recognition as the top bank in the Western region underscores BMO's efforts to combine local relationship-building with its broader digital infrastructure. Sharon Haward-Laird, group head of Canadian Commercial Banking and North American Integrated Solutions, pointed to the bank's focus on smarter treasury and payment solutions as a key driver of its success. Internally, BMO reports that AI adoption has surpassed 96% among its workforce, supported by the BMO Institute for Applied AI and Quantum to ensure responsible governance while automating complex operational tasks.
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