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Laurentian Bank of Canada T.LB

Alternate Symbol(s):  LRCDF | LAUCF | T.LB.PR.H

Financial Services
Laurentian Bank of Canada (the Bank) is a Canada-based provider of financial services to its personal, commercial and institutional customers. The Bank operates in Canada and the United States. Its segments include Personal Banking, Commercial Banking and Capital Markets. The Personal Banking segment caters to the financial needs of retail clients. The Commercial Banking segment caters to the financial needs of business clients across Canada and in the United States and provides commercial banking, real estate financing, and equipment and inventory financing. The Capital Markets segment provides a range of services, including research, market analysis and advisory services, corporate underwriting for debt and equity, and administrative services. The Bank's clients can access its offering of financial advice, products and services through a network of branches in Quebec. The Bank offers a digital direct-to-customer platform to all Canadians. The Bank has approximately 57 branches.


TSX:LB - Post by User

Laurentian Bank of Canada
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Post by carlocarlion Dec 03, 2018 8:42am
93 Views
Post# 29052886

Quarterly results on Wednesday, November 5

Quarterly results on Wednesday, November 5LB will release its results for the quarter and for the year on Wednesday, November 5. This appered on "La Presse" today, Monday, November 3: 

MERCREDI

Deux banques en rapport de fin d'anne

Les deux banques ayant leur sige social au Qubec, la Nationale et la Laurentienne, dvoilent mercredi leurs rsultats de fin d'exercice 2018. Ces noncs seront suivis dans un contexte de remonte des taux d'intrt et d'un endettement dj lev des consommateurs et d'entreprises. la Nationale, les analystes anticipent un bnfice accru de 2 %, environ 515 millions, au quatrime trimestre et en hausse de 5 %, 2 milliards, pour tout l'exercice 2018. la Laurentienne, les analystes anticipent une baisse de 7 % du bnfice, 54 millions, mais en hausse de 10 %, autour de 228 millions, pour tout l'exercice. 

The analysts are predicting earnings of 54 million dollars for the quarter (-7%) and 228 million dollars for the year (+10%). Let us see how it really plays out.

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