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BMO Financial Group ups tech investments

Digital users grew 5% to 3.7M in Q3

Brian StonebyBrian Stone
August 30, 2022
in Banking
Reading Time: 2 mins read
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BMO Financial Group increased its technology spend in the third quarter as the bank invested in digital-first efforts and talent. The Montreal-based bank reported a 3% year-over-year increase in tech spend to $2.9 billion, according to the bank’s earnings supplement. The bank’s total revenue for the quarter clocked in at $1.6 billion, down 11% from […]

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