Where Bank of Montreal (USA) (BMO)’s Turning for Growth

But one area where Bank of Montreal (USA) (NYSE:BMO) is really focusing its efforts is on attracting investment customers. With a full line of mutual funds, the company’s global asset management arm has more than $125 billion in assets under management, making up a substantial part of the overall company’s $540 billion in assets. Moreover, the company has its BMO InvestorLine online brokerage, matching up favorably against Toronto-Dominion Bank (USA) (NYSE:TD)’s TD Direct and National Bank of Canada‘s National Bank Direct Brokerage in a recent survey of investor satisfaction.

In Bank of Montreal (USA) (NYSE:BMO)’s report, look for the company to give guidance about its potential credit exposure. Last month, the bank argued that the housing market remains stable, but if that starts to deteriorate, then investors might get spooked even if the actual impact on the bank is minimal. That could give opportunistic investors a good buying opportunity.

The article Where Bank of Montreal’s Turning for Growth originally appeared on Fool.com.

Fool contributor Dan Caplinger has no position in any stocks mentioned. You can follow him on Twitter: @DanCaplinger. The Motley Fool has no position in any of the stocks mentioned.

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