Laurentian Bank of Canada (LRCDF)
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Fairstone Bank to Buy Laurentian Bank for About $1.4 Billion
Fairstone Bank of Canada entered an agreement to buy Laurentian Bank of Canada for about 1.9 billion Canadian dollars, or $1.36 billion.
Laurentian Bank of Canada (LRCDF) Q3 2025 Earnings Call Transcript
Laurentian Bank of Canada (OTCPK:LRCDF) Q3 2025 Earnings Conference Call August 29, 2025 9:00 AM ET Company Participants Christian De Broux - Chief Risk Officer Eric Provost - President, CEO & Director Raphael Ambeault - Investor Relation Officer Yvan Deschamps - Chief Financial Officer Conference Call Participants Paul David Holden - CIBC Capital Markets, Research Division Sohrab Movahedi - BMO Capital Markets Equity Research Stephen Boland - Raymond James Ltd., Research Division Operator Welcome to the Laurentian Bank Quarterly Financial Results Call.
Laurentian Bank: Long Road To Success, But Worth The Wait
Laurentian Bank has performed well since our last recommendation. Q2-2025 results were solid, but the bank needs to improve one key measure. We remain invested, though a buyout is unlikely in the near term.
Laurentian Bank of Canada (LRCDF) Q2 2025 Earnings Call Transcript
Laurentian Bank of Canada (OTCPK:LRCDF) Q2 2025 Earnings Conference Call May 30, 2025 9:00 AM ET Company Participants Raphael Ambeault - Head, Investor Relations Éric Provost - President & Chief Executive Officer Yvan Deschamps - Executive Vice President & Chief Financial Officer Christian De Broux - Executive Vice President & Chief Risk Officer Conference Call Participants Doug Young - Desjardins Capital Markets Sohrab Movahedi - BMO Capital Markets Paul Holden - CIBC Capital Markets Stephen Boland - Raymond James Darko Mihelic - RBC Capital Markets Gabriel Dechaine - National Bank Operator Welcome to the Laurentian Bank Quarterly Financial Results Call. Please note that this call is being recorded.
Laurentian Bank: 7% Yield, But Buyout Potential Is What Got Us In
Laurentian Bank has historically been a value trap due to inefficient operations. Despite past challenges, we showed interest in 2024, publishing two "buy" articles. Our downgrade to neutral was well-timed, but we are now buying back in.
Laurentian Bank: Dividend Yield Of 7.0% But Earnings Outlook Is Lackluster (Rating Upgrade)
Laurentian's loan growth has been weak in the past even though the economy has been conducive to loan growth and competitors have grown strongly. I'm expecting no balance sheet or earnings growth in FY25. The P/E, P/B, and P/TB multiples are all quite low in a historical context.
Laurentian Bank of Canada (LRCDF) Q1 2025 Earnings Call Transcript
Laurentian Bank of Canada (OTCPK:LRCDF) Q1 2025 Earnings Conference Call February 28, 2024 9:00 AM ET Company Participants Raphael Ambeault - Head, IR Eric Provost - President and CEO Yvan Deschamps - EVP and CFO Christian De Broux - EVP and CRO Conference Call Participants Meny Grauman - Scotiabank Sohrab Movahedi - BMO Capital Markets Paul Holden - CIBC Capital Markets Doug Young - Desjardins Capital Markets Darko Mihelic - RBC Capital Markets Operator Welcome to the Laurentian Bank Quarterly Financial Results Call. Please note that this call is being recorded.
ZDV Exposed To Energy Tariffs And Potential Canadian Banking Problems
The BMO Canadian Dividend ETF is heavily concentrated in financials and energy, which represent nearly 60% of its holdings. On a total return basis, ZDV has performed relatively well, with a ~20% total return over the past 12 months and ~54% over the past 5 years. ZDV's actually offers a higher dividend yield than the very popular Schwab U.S. Dividend Equity ETF, but the latter's greater diversification offers better comfort.
Laurentian Bank: But Maybe We Will Be TD
Laurentian Bank delivered a beat for Q4-2024. The bank still projected a bad efficiency ratio all through 2025. We tell you where we stand on this one.
Laurentian Bank of Canada (LRCDF) Q4 2024 Earnings Call Transcript
Laurentian Bank of Canada (OTCPK:LRCDF) Q4 2024 Earnings Conference Call December 6, 2024 9:00 AM ET Company Participants Raphael Ambeault - Head, Investor Relations Eric Provost - President and Chief Executive Officer Yvan Deschamps - Executive Vice President and Chief Financial Officer Conference Call Participants Meny Grauman - Scotiabank Sohrab Movahedi - BMO Capital Markets Gabriel Dechaine - National Bank Doug Young - Desjardins Capital Markets Operator Welcome to the Laurentian Bank Quarterly Financial Results Call. Please note that this call is being recorded.
Laurentian Bank of Canada: We'll Never Be Royal
Our December 2023 buy rating on Laurentian Bank underperformed, but preferred shares outperformed, yielding a mixed report card. Q3 results were disappointing, with a 4.7% return on equity and an efficiency ratio of 78.1%. We go over the numbers and tell you why we are sticking with a Buy.
Laurentian Bank of Canada (LRCDF) Q3 2024 Earnings Call Transcript
Laurentian Bank of Canada (OTCPK:LRCDF) Q3 2024 Earnings Conference Call August 30, 2024 9:00 AM ET Company Participants Raphael Ambeault - Head of Investor Relations Eric Provost - President and Chief Executive Officer Yvan Deschamps - Executive Vice President and Chief Financial Officer Christian De Broux - Executive Vice President and Chief Risk Officer Conference Call Participants Meny Grauman - Scotiabank Sohrab Movahedi - BMO Capital Markets Gabriel Dechaine - National Bank Financial Nigel D'Souza - Veritas Investment Research Douglas Young - Desjardins Capital Markets Paul Holden - CIBC Stephen Boland - Raymond James Darko Mihelic - RBC Capital Markets Operator Welcome to the Laurentian Bank Quarterly Financial Results Call. Please note that this call is being recorded.
