MRS purchase costs leave earnings short of expections
Two deals will help bank generate more fee-based income
Laurentian Bank (TSX:LB) anticipates margins on its core retail financial services will remain under pressure for the foreseeable future, but expects revenue growth will continue, executives said Thursday.Laurentian chief financial officer Michel Lauzon said overall net interest income has risen by an average annual rate of 10% over the past four years and by 17% […]
Strong growth in mortgage and commercial loans
Regional concentration in Quebec was actually beneficial through the downturn
Loan losses, total revenue grow
Revenue up on organic growth
Shareholders vote 99.1% in favour of pay proposals
Loan loss provisions climb to $16 million
CEO Robitaille earned $1.94 million in total compensation in 2009