The bank reported $1.19 billion of net profit in Q4
The bank earned $2.86 billion in the fourth quarter, down from $2.96 billion a year earlier
The higher payment to shareholders came as Laurentian reported a fourth-quarter profit of $41.3 million
The gains were driven by growth across all business segments
The bank reported net income of nearly $3.21 billion, down from $3.25 billion in the same quarter last year
The bank said it will now pay a quarterly dividend of $1.06 per share
Profit amounted to $1.73 per diluted share for the quarter
Desjardins said it's spent $70 million implementing protections for members following a data breach
Net assets grew to $409.5 billion
The mortgage lender reported a profit of $39 million in the third quarter