Laurentian Bank of Canada reports a 33% jump in Q4 net income to $40.7 million, despite slight declines in some metrics.

Laurentian Bank of Canada reported a 33% increase in Q4 net income to $40.7 million, with earnings per share up to $0.88 from $0.67 a year ago. Adjusted earnings per share were $0.89, slightly below last year's $1.00. Total revenue rose 1% to $250.8 million, while net interest income fell to $173.9 million due to lower commercial loans. The bank declared a quarterly dividend of 47 cents per share.

December 06, 2024
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