Laurentian Bank of Canada
TSX:LB

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Laurentian Bank of Canada
TSX:LB
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Price: 40.31 CAD 0.02% Market Closed
Market Cap: 1.8B CAD

Laurentian Bank of Canada
Investor Relations

Laurentian Bank of Canada engages in the provision of financial services. The company is headquartered in Montreal, Quebec and currently employs 2,800 full-time employees. The Bank operates primarily across Canada and in the United States. Its segments include Personal segment, Business Services segment and Capital Markets segment. The Personal segment caters to the financial needs of retail clients. Clients can access the Bank's offering of financial advice, products and services through a network of branches in Quebec referred to as Financial Clinics; an advisors and brokers channel targeting independent financial intermediaries, and a digital direct-to-customer platform. The Business Services segment caters to the financial needs of business clients across Canada and in the United States and provides commercial banking, real estate financing, and equipment and inventory financing. The Capital Markets segment provides a range of services, including research, market analysis and advisory services, corporate underwriting for debt and equity, and administrative services.

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LB
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Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Dec 5, 2025
AI Summary
Q4 2025

Strategic Milestones: Laurentian Bank achieved several milestones in its 2025 roadmap, including the deployment of cloud-based systems to improve efficiency and customer experience.

Commercial Focus: The bank grew its commercial loan balances by 8% year-over-year, shifting its business mix toward commercial lending and improving its net interest margin.

Asset Divestiture: The sale of the full-service and discount brokerage division reduced noninterest expenses and generated a gain, strengthening the bank's capital base.

Partnership Agreements: New agreements with Fairstone Bank and National Bank were announced, aimed at accelerating commercial growth and providing broader services to customers.

Financial Results: Total revenue for 2025 was $983.7 million, down 3% from last year; adjusted net income was $147.2 million; and the adjusted efficiency ratio was 75.2%, in line with guidance.

Dividend Maintained: The quarterly dividend of $0.47 per share was declared with no restrictions on payment, though future increases are not allowed under the agreement.

Credit Performance: Credit quality remained stable, with allowances for credit losses decreasing despite a rise in gross impaired loans.

Key Financials
Revenue
$983.7 million
Net Income
$139.9 million
EPS (Diluted)
$2.85
Net Income (Adjusted)
$147.2 million
EPS (Adjusted)
$3
Efficiency Ratio (Adjusted)
75.2%
Net Interest Margin
1.83%
Commercial Loan Balances
$1.3 billion increase year-over-year
Inventory Financing Portfolio
$4.2 billion
CET1 Ratio
11.3%
Allowances for Credit Losses
$189 million
Provision for Credit Losses
$18 million
Dividend per Share
$0.47
Gross Impaired Loans
Increase of $47.1 million year-over-year
Residential Mortgage Loans
down 2% year-over-year, down 1% sequentially
Other Earnings Calls

Management

Mr. Eric Provost
President, CEO & Director
No Bio Available
Mr. Yvan Deschamps CPA, CGA
Chief Financial Officer
No Bio Available
Mr. Benoit Bertrand
Chief Information Officer
No Bio Available
Andrew Chornenky
Vice President of Investor Relations
No Bio Available
Merick Seguin
Senior Manager of Media Relations
No Bio Available
Ms. Macha Pohu
Chief Human Resources Officer & Corporate Affairs
No Bio Available
Mr. Adam Swinemar
Senior Vice President of Digital Banking
No Bio Available
Mr. Thierry Langevin
Head of Personal and Commercial Banking
No Bio Available
Ms. Sophie Boucher
Senior VP and Head of Personal Banking & Small-Medium Enterprises (SME)
No Bio Available
Ms. Marie-Christine Custeau
Head of Strategy & Transformation and Head digital experience, payments
No Bio Available

Contacts

Address
QUEBEC
MONTREAL
1420-1981 McGill College Ave
Contacts