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Laurentian Bank's acquisition by Fairstone bags Canadian finance ministry's approval
[canada flag waving in ottawa] franckreporter/iStock via Getty Images Laurentian Bank of Canada's (LB:CA [https://seekingalpha.com/symbol/LB:CA]) (LRCDF [https://seekingalpha.com/symbol/LRCDF]) proposed acquisition [https://seekingalpha.co…
Laurentian Bank Completes Sale of Syndicated Loans Portfolio
MONTREAL, Feb. 17, 2026 /CNW/ - Laurentian Bank of Canada ("Laurentian Bank") is pleased to announce that it has completed the previously announced sale of its syndicated loans portfolio to National Bank of Canada ("NBC") (the "Syndicated…
Laurentian Bank of Canada Shareholders OK $40.50/Share Fairstone Buyout at Special Meeting
Laurentian Bank of Canada logo Key Points Shareholders approved Fairstone Bank of Canada’s acquisition of all Laurentian common shares for $40.50 per share, and the special resolution was declared adopted at the meeting. National Bank of C…
Laurentian Bank of Canada declares CAD 0.47 dividend
* Laurentian Bank of Canada (LB:CA [https://seekingalpha.com/symbol/LB:CA]) declared CAD 0.47/share quarterly dividend [https://seekingalpha.com/pr/20330140-laurentian-bank-of-canada-declares-dividend-on-its-common-shares], in line with pr…
Laurentian Bank of Canada Non-GAAP EPS of C$0.73, revenue of C$244.71M
* Laurentian Bank of Canada press release [https://seekingalpha.com/pr/20330139-laurentian-bank-of-canada-reports-2025-results] (OTCPK:LRCDF [https://seekingalpha.com/symbol/LRCDF]): Q4 Non-GAAP EPS of C$0.73. * Revenue of C$244.71M (-2.4%…
Laurentian Bank to sell operations to Fairstone Bank, National Bank of Canada
Laurentian Bank of Canada has signed agreements to split and sell its commercial operations to Fairstone Bank and the retail and small medium enterprise (SME) banking portfolio to National Bank of Canada. In 2023, Laurentian Bank announced…
Fairstone Bank to Buy Laurentian Bank for About $1.4 Billion
Fairstone Bank of Canada entered an agreement to buy Laurentian Bank of Canada for about 1.9 billion Canadian dollars, or $1.36 billion. Continue Reading
Laurentian Bank Accelerates Strategic Shift to Specialty Commercial Bank
Laurentian Bank Board of Directors approves acceleration of its specialty commercial bank strategy, leading to an exit from retail and SME banking sectors. National Bank will acquire Laurentian Bank's retail and SME banking portfolios and…
* Laurentian Bank of Canada press release [https://seekingalpha.com/pr/20215693-laurentian-bank-of-canada-reports-third-quarter-2025-results] (OTCPK:LRCDF [https://seekingalpha.com/symbol/LRCDF]): Q3 GAAP EPS of C$0.73. * Revenue of C$246.…
Laurentian Bank of Canada declares CAD 0.47 dividend
* Laurentian Bank of Canada (TSX:LB:CA [https://seekingalpha.com/symbol/LB:CA]) declared CAD 0.47/share quarterly dividend [https://seekingalpha.com/pr/20215694-laurentian-bank-of-canada-declares-dividend-on-its-common-shares], in line wit…
Laurentian Bank of Canada PFD SHS SER 13 declares CAD 0.3873 dividend
* Laurentian Bank of Canada PFD SHS SER 13 (LB.PR.H:CA) declares CAD 0.3873/share quarterly dividend [https://seekingalpha.com/pr/20197751-laurentian-bank-of-canada-declares-dividend-on-its-preferred-shares], in line with previous. * Payab…
Laurentian Bank of Canada declares CAD 0.47 dividend
* Laurentian Bank of Canada (TSX:LB:CA [https://seekingalpha.com/symbol/LB:CA]) declares CAD 0.47/share quarterly dividend [https://seekingalpha.com/pr/20121007-laurentian-bank-of-canada-declares-dividend-on-its-common-shares], in line wit…
Laurentian Bank of Canada Non-GAAP EPS of C$0.73, revenue of C$242.52M
* Laurentian Bank of Canada press release [https://seekingalpha.com/pr/20121001-laurentian-bank-of-canada-reports-second-quarter-2025-results] (OTCPK:LRCDF [https://seekingalpha.com/symbol/LRCDF]): Q2 Non-GAAP EPS of C$0.73. * Revenue of C…
TSX Value Picks Including Exchange Income And 2 Stocks Priced Below Estimated Worth
The Canadian stock market has recently reached new all-time highs, showcasing resilience amid global economic uncertainties and policy shifts. In this environment, identifying undervalued stocks can be a prudent strategy for investors seek…
/R E P E A T -- Éric Provost, President and CEO of Laurentian Bank to speak at the RBC Capital Markets Canadian Bank CEO Conference/
MONTRÉAL, Dec. 20, 2023 /CNW/ - Éric Provost, President and Chief Executive Officer of Laurentian Bank, will speak at the RBC Capital Markets Canadian Bank CEO Conference on January 9, 2024, at 2:35 p.m. (ET). A live audio webcast of the p…
Understanding the Sustainability of LRCDF's Upcoming Dividend Laurentian Bank of Canada (LRCDF) recently announced a dividend of $0.47 per share, payable on 2024-02-01, with the ex-dividend date set for 2024-01-02. As investors look forwar…
Laurentian Bank of Canada (TSE:LB) Pays A CA$0.47 Dividend In Just Four Days
Laurentian Bank of Canada (TSE:LB) is about to trade ex-dividend in the next four days. The ex-dividend date is one business day before the record date, which is the cut-off date for shareholders to be present on the company's books to be…
Éric Provost, President and CEO of Laurentian Bank to speak at the RBC Capital Markets Canadian Bank CEO Conference
MONTRÉAL, Dec. 20, 2023 /CNW/ - Éric Provost, President and Chief Executive Officer of Laurentian Bank, will speak at the RBC Capital Markets Canadian Bank CEO Conference on January 9, 2024, at 2:35 p.m. (ET). A live audio webcast of the p…
Laurentian Bank of Canada's (TSE:LB) Dividend Will Be CA$0.47
Laurentian Bank of Canada's (TSE:LB) investors are due to receive a payment of CA$0.47 per share on 1st of February. The dividend yield will be 7.4% based on this payment which is still above the industry average. See our latest analysis f…
Laurentian Bank of Canada (TSE:LB) shareholders have endured a 8.9% loss from investing in the stock five years ago
For many, the main point of investing is to generate higher returns than the overall market. But every investor is virtually certain to have both over-performing and under-performing stocks. So we wouldn't blame long term Laurentian Bank o…
Laurentian Bank Misses Every Financial Target, Will Take Restructuring Charge
(Bloomberg) -- Laurentian Bank of Canada said it missed all of its financial goals for 2023 and will take a restructuring charge to reduce costs, underscoring the huge turnaround job ahead for new Chief Executive Officer Eric Provost. Most…
Live news: Oil and gas industry must cut 35-38% of emissions by 2030, says Ottawa
Athabasca Oil Sands As New Technologies Help Make Industry Profitable Again Top headlines Death by traffic: Toronto’s economy and return to office plans are choking on congestion ‘Gold is about fear, not greed’: Behind gold’s record rise a…
Laurentian Bank of Canada declares dividend on its common shares
MONTREAL, Dec. 7, 2023 /CNW/ - At its meeting held on December 6, 2023, the Board of Directors of Laurentian Bank of Canada (TSX: LB) (the "Bank") declared a regular quarterly dividend of 47 cents per share on the common shares' payable on…
The financial information reported herein is based on the condensed interim consolidated (unaudited) information for the three-month period ended October 31, 2023 and on the audited consolidated financial statements for the year ended Octo…
Laurentian Bank to Announce Fourth Quarter 2023 Results on December 7, 2023
MONTRÉAL, Nov. 14, 2023 /CNW/ - Laurentian Bank (TSX: LB) will release its fourth quarter results for the quarter ended October 31, 2023, on Thursday, December 7, 2023. The results are expected to be released at approximately 6:00 a.m. (ET…
Laurentian Bank of Canada declares dividend on its preferred shares
MONTREAL, Nov. 14, 2023 /CNW/ - The Board of Directors of the Laurentian Bank of Canada (TSX: LB) (the "Bank") declared today a dividend of $0.2576875 on the preferred shares Series 13, payable on December 15, 2023, to shareholders of reco…
Laurentian Bank Slides on Analyst Downgrade Over Credit Risks
(Bloomberg) -- Laurentian Bank of Canada’s mounting troubles have put its credit rating at risk, according to the latest analyst to downgrade the Montreal-based lender. Most Read from Bloomberg Hospital Blast Kills Hundreds as Israel, Hama…
Laurentian Bank Makes Key Executive Changes Focused on Improving the Customer Experience
MONTRÉAL, Oct. 12, 2023 /CNW/ - Laurentian Bank (TSX: LB) (the "Bank") announces new appointments and expanded mandates for its leadership team to deliver on the Bank's renewed focus to be closer and more accountable to its customers. Thes…
Rania Llewellyn out as Laurentian CEO less than 3 years after taking top job
Rania Llewellyn, Rania Llewellyn is out after nearly three years as chief executive of Laurentian Bank of Canada, her sudden departure coming less than a month after a strategic review failed to find a buyer for the chronically underperfor…
UPDATE 1-Canada's Laurentian Bank replaces CEO, chairman after IT outage
(Rewrites throughout, adds analyst comment) By Nivedita Balu and Manya Saini Oct 2 (Reuters) - Laurentian Bank on Monday named insider Eric Provost as chief executive with immediate effect, following an IT outage that disrupted online serv…
Canada's Laurentian Bank replaces CEO, chairman after IT outage
By Nivedita Balu and Manya Saini (Reuters) -Laurentian Bank on Monday named insider Eric Provost as chief executive with immediate effect, following an IT outage that disrupted online services and just days after ending a strategic review…
Canada's Laurentian Bank names insider Eric Provost as CEO
Oct 2 (Reuters) - Canada's Laurentian Bank on Monday named insider Eric Provost as CEO, weeks after announcing it would simplify its organizational structure following its failure to find a buyer during a strategic review. Provost, who has…
Laurentian Bank Appoints Éric Provost as President and Chief Executive Officer and Michael Boychuk as Chair
• Michael Mueller resigns as a Director and Chair of the Board • Rania Llewellyn to leave immediately as President & CEO MONTRÉAL, Oct. 2, 2023 /CNW/ - Laurentian Bank (TSX: LB) (the "Bank") announced today that Éric Provost has been appoi…
Here's Why We Think Laurentian Bank of Canada (TSE:LB) Might Deserve Your Attention Today
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. But the reality is that when a company loses money each year, for long enough, its…
Laurentian stock tumbles after bank ends strategic review without buyer
laurentian-bank-0914 Laurentian Bank of Canada has wrapped up its review of strategic options, including a potential sale of the company or divestiture of assets, without finding a buyer, the company has announced. In a release on Sept. 14…