Laurentian Bank’s first-quarter profit down, provisions for credit losses up from year ago

France Nouvelles Nouvelles

Laurentian Bank’s first-quarter profit down, provisions for credit losses up from year ago
France Dernières Nouvelles,France Actualités
  • 📰 globeandmail
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 92%

Laurentian Bank says it earned $51.9-million or $1.09 per diluted share for the quarter ended Jan. 31 compared with a profit of $55.5-million or $1.17 per diluted share a year earlier

reported its first-quarter profit fell compared with a year ago as its provisions for credit losses ticked higher.

Revenue totalled $260.1-million for bank’s latest quarter, up from $257.5-million in the same quarter last year.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

globeandmail /  🏆 5. in CA

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Bank accounts 101: Opening an account, banks vs. credit unions, fees and moreBank accounts 101: Opening an account, banks vs. credit unions, fees and moreWhat to know about how banking works, opening an account and choosing between a credit union and the Big Six Canadian banks
Lire la suite »

Globe editorial: The big banks’ dependence on housing undermines Canada’s prosperityGlobe editorial: The big banks’ dependence on housing undermines Canada’s prosperityCanada’s major financial institutions need to shift their focus away from mortgage lending
Lire la suite »

Diversified Canadian banks well protected in tough times: Analysts - BNN BloombergDiversified Canadian banks well protected in tough times: Analysts - BNN BloombergAnalysts say Canadian banks may be protected by their diversified structures and the delayed impacts from higher interest rates as they report earnings amid ominous headwinds in the global economy.
Lire la suite »

Oak Bay school new home to charity that grows vegetables for food banksOak Bay school new home to charity that grows vegetables for food banksA Vancouver Island-based charity that grows fresh vegetables hydroponically for food-share programs has secured an indoors space at Glenlyon Norfolk Junior School.
Lire la suite »

TD agrees to pay US$1.21-billion to settle Stanford Ponzi scheme lawsuitTD agrees to pay US$1.21-billion to settle Stanford Ponzi scheme lawsuitTwo other banks have also agreed to settle the lawsuit while denying any liability
Lire la suite »



Render Time: 2025-04-09 06:53:18