07:45 AM EDT, 03/17/2026 (MT Newswires) -- Bank of Montreal ( NRGD ) plans to open more than 130 financial centers in California and about 15 in Arizona over the next five years, multiple media outlets reported Tuesday, citing the bank.

The California locations include three in Greater Los Angeles, two in the Bay Area and another two in San Diego, slated to open this year, according to the reports, citing the bank.

The planned additions are expected to increase the bank's footprint in California by more than 50%, according to Reuters.

In October, Bank of Montreal ( NRGD ) said it agreed to sell 138 branches to First-Citizens Bank & Trust, and that it would open 150 new branches for the next five years, focusing on US markets.

Bank of Montreal ( NRGD ) did not immediately respond to MT Newswires' request for comment.