The company also cut its dividend to gain more flexibility for the business
CSA issues guidance for taking annual meetings online
Analysts had expected a higher adjusted profit per share
The higher payment to shareholders came as Laurentian reported a fourth-quarter profit of $41.3 million
Figure is down from $54.9M a year ago
The bank is ``streamlining certain back-office functions'' related to its retail services operations
CMHC issue resolved
Bank looks to leave mortgage loan review woes behind
Rating agency cites concerns about the bank’s internal controls
The bank raised its quarterly dividend payment to 63¢ a share