Laurentian Bank of Canada Stock (OTC: LRCDF)

Latest news for Laurentian Bank of Canada (OTC:LRCDF) Stock

Laurentian Bank of Canada

Laurentian Bank of Canada provides personal banking, business banking and real estate and commercial financing to its personal, business, and institutional customers across Canada and the United States. The company reports three operating segments: personal, commercial banking, and capital markets. The personal segment offers financial services to retail clients. The commercial banking segment provides financial services, commercial banking, real estate financing, and equipment and inventory financing to business clients. The firm launched LBC Digital, allowing it to expand its customer reach from coast to coast through a direct-to-customer channel. The Canadian geographic segment generates majority of the revenue for the company.

Earnings

News

Dividends

Small Cap

Movers

Trading Ideas

LRCDF

TSX:LB

Laurentian Bank Of Canada Shares Surge After Q2 Results

Intraday Update

Markets

AAEEF

AAVMY

ABEV

ABGSF

ABMD

ABTX

ACCFF

ACCYY

ACHV

ACNB

ACRFF

ACRGF

ACSAY

ACST

ACTG

ADMA

ADTN

ADVZF

AERI

AFLYY

AGCO

AGEEF

AGESY

AGLXY

AHFD

AHKSY

AHOTF

AICAF

AINV

AIPUY

AIRG

AIRYY

AISSF

AKO-A

AKZOY

ALDX

ALEAFIA HEALTH INC ORD by Aleafia Health Inc.

ALEAF

ALEX

Allianz Ag Muenchen Namen-Akt Vinkuliert Shares

ALIZF

ALLY

ALOT

ALSN

ALTM

ALXEF

ALXN

AMCR

AMHPF

AMKBF

AMKBY

AMNB

AMPH

AMRN

AMSLF

ANAT

ANGO

ANIP

Australia and New Zealand Banking Group Limited

ANZBY

ANZFF

APELY

APEX

APHA

APTS

ARCB

ARCC

ARGGY

ARGO

ARLP

ARNA

ARNGF

AROC

ARREF

ARRRF

Stocks That Hit 52-Week Lows On Friday

AAPL

ACDVF

APTV

AROW

ATKR

AVGOP

BANF

BANX

BDGE

BIOAQ

BLMN

BMRC

BRKS

BSRTF

BUKS

CATM

CBSH

CBWBF

CCBG

CCNE

CNOB

COLL

CXDO

DCPH

DNBF

DOOO

DXCM

EBSB

FISI

FISV

FITB

FNLC

FRTA

FULT

GATX

GMICF

GMRE

GOOG

GOOGL

GRBX

GSBC

HBAN

HNCKF

IBOC

ICFI

IGIFF

IMKTA

JBHT

JBLU

JCOM

Stocks That Hit 52-Week Highs On Thursday

LAURENTIAN BK CDA QUE by Laurentian Bank of Canada

In a report released yesterday, Darko Mihelic from RBC Capital maintained a Sell rating on Laurentian Bank (LRCDF – Research Report), with a price ...

RBC Capital Sticks to Their Sell Rating for Laurentian Bank (LRCDF)

BMO Capital analyst Sohrab Movahedi maintained a Hold rating on Laurentian Bank (LRCDF – Research Report) yesterday and set a price target of C$33....

Laurentian Bank: Hold Rating Justified by Mixed Financial Performance and Execution Risks

In a report released today, Meny Grauman from Scotiabank maintained a Hold rating on Laurentian Bank (LRCDF – Research Report), with a price target...

Laurentian Bank (LRCDF) Receives a Hold from Scotiabank

Laurentian Bank (TSE:LB) has released an update. Laurentian Bank of Canada has announced a dividend of $0.2576875 per preferred share Series 13, se...

Laurentian Bank Declares Preferred Share Dividend

In a report released today, Mike Rizvanovic from KBW maintained a Hold rating on Laurentian Bank (LRCDF – Research Report), with a price target of ...

Laurentian Bank (LRCDF) Receives a Hold from KBW

Desjardins analyst Douglas Young maintained a Sell rating on Laurentian Bank (LRCDF – Research Report) today and set a price target of C$25.00. The...

Desjardins Reaffirms Their Sell Rating on Laurentian Bank (LRCDF)

Laurentian Bank (TSE:LB) has released an update. Laurentian Bank of Canada has announced that its Non-Cumulative Class A Preferred Shares, Series 1...

Laurentian Bank Retains Series 13 Shares Post-Conversion Period

Jefferies analyst John Aiken maintained a Hold rating on Laurentian Bank (LRCDF – Research Report) today and set a price target of C$26.00. The com...

Jefferies Sticks to Its Hold Rating for Laurentian Bank (LRCDF)

Laurentian Bank: Remains In The Penalty Box

Laurentian Bank (TSE:LB) has released an update. Laurentian Bank of Canada has announced a reduction in its prime lending rate by 0.25%, moving fro...

Laurentian Bank Cuts Prime Lending Rate

<ul>
	<li>Laurentian Bank of Canada&nbsp;(TSX:<a class="ticker" href="https://www.benzinga.com/stock/LB#TSX">LB</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/LRCDF#OTC">LRCDF</a>) reported a&nbsp;<a class="editor-rtfLink" href="https://stockhouse.com/news/press-releases/2022/06/01/laurentian-bank-of-canada-reports-second-quarter-2022-results" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">second-quarter net income increase of 12% year-over-year to C$59.5 million</a>&nbsp;and an adjusted net income of C$61.6 million (+9% Y/Y).</li>
	<li>Total revenue was C$259.6 million (+4% Y/Y). Net interest income increased 5% Y/Y to C$180.1 million, and Other income increased by 2% Y/Y to C$79.5 million.</li>
	<li>Adjusted EPS was C$1.39, compared with C$1.23 in 2Q21.</li>
	<li>Return on common shareholders&#39; equity was 10% for the quarter, compared with 8.6% for 2Q21, and Adjusted ROE was 10.3%, compared with 9.2% a year ago.</li>
	<li>The provision for credit losses was C$13 million, compared with C$2.4 million in 2Q21.</li>
	<li>Non-interest expenses were C$172.1 million, a decrease of 4% Y/Y.</li>
	<li>The efficiency ratio was 66.3%, compared with 71.9% in 2Q21 and the adjusted efficiency ratio was 65.2%, compared to 69.9% a year earlier.</li>
	<li>Deposits increased by C$2.3 billion to C$25.2 billion as of April 30, 2022, compared with C$23 billion as of October 31, 2021.</li>
	<li>The Common Equity Tier 1 capital ratio stood at 9.3% as of April 30, 2022, compared with 10.2% as of October 31, 2021.</li>
	<li>Dividend: Laurentian Bank declared a quarterly dividend of C$0.45 per common share, up 2% versus the dividend declared in the previous quarter and 13% Y/Y, payable on August 1, 2022, to shareholders of record on July 4, 2022.</li>
	<li>Price Action:&nbsp;LB shares are trading higher by 8.34% at C$41.83 on TSX on the last check Wednesday.</li>
	<li>Photo Via Company</li>
</ul>

The Only Monthly Membership With a Positive ROI!

-

-

-

-

-

-

-

The Only Monthly Membership With a Positive ROI!

-

-

-

-

-

-

-

Comments

Laurentian Bank of Canada

News

Latest news for Laurentian Bank of Canada (OTC:LRCDF) Stock

Wednesday, June 01, 2022

Friday, February 28, 2020

Thursday, November 07, 2019