Mergers & Acquisitions ·
First Citizens BancShares completed its acquisition of 138 branches from BMO Bank N.A., effective September 4, 2026
FCNCNFirst Citizens Bancshares Inc
First Citizens BancShares completed its acquisition of 138 branches from BMO Bank N.A., effective September 4, 2026. The transaction added approximately $5 billion in deposits and $650 million in loans to the bank's balance sheet. This expansion brings First Citizens' total branch network to over 600 locations nationwide, strengthening its presence in the Midwest, Great Plains, and West regions. The company appointed new regional leadership to manage the expanded footprint and committed approximately $1 million in community investments for 2026 and 2027. First Citizens BancShares operates as a diversified financial services holding company providing banking, wealth management, and commercial lending services.