Previous close | 12.00 |
Open | 10.09 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 12.50 - 12.50 |
52-week range | 10.09 - 18.13 |
Volume | |
Avg. volume | 0 |
Market cap | N/A |
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Laurentian Bank of Canada (TSX: LB) ("Laurentian Bank" or the "Bank") today launched "Our Path Forward", its revamped strategic plan, charting the course to a stronger future. It defines the Bank's approach in the financial services sector and outlines what sets it apart from its competition, including its specialized approach to Commercial Banking and a simple, digitally-led everyday banking experience.
At its meeting held on May 30, 2024, the Board of Directors of Laurentian Bank of Canada (TSX: LB) (the "Bank") declared a regular quarterly dividend of 47 cents per share on the common shares' payable on August 1, 2024 to the holders of record at the close of business on July 2, 2024.
Laurentian Bank of Canada reported a net loss of $117.5 million and a diluted loss per share of $2.71 for the second quarter of 2024, compared with net income of $49.3 million and diluted earnings per share of $1.11 for the second quarter of 2023. Return on common shareholders' equity was a negative 18.6% for the second quarter of 2024, compared with 7.7% for the second quarter of 2023. Of note, reported results for the second quarter of 2024 included impairment and restructuring charges of $196