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The latest announcement is out from Laurentian Bank ( (TSE:LB) ).
Laurentian Bank of Canada reported a slight increase in net income for the first quarter of 2025, with a net income of $38.6 million compared to $37.3 million in the same period last year. Despite a decrease in adjusted net income and earnings per share compared to the previous year, the bank’s strategic focus on specialized commercial groups and maintaining strong liquidity and capital levels positions it well to navigate current economic uncertainties.
More about Laurentian Bank
Laurentian Bank of Canada operates in the financial services industry, offering a range of products and services including deposits, investments, loans, securities, and trust services. The bank focuses on leveraging its strengths and exploring growth opportunities in specialized commercial groups.
YTD Price Performance: -3.00%
Average Trading Volume: 6,450
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $845.5M
Find detailed analytics on LB stock on TipRanks’ Stock Analysis page.
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