Laurentian Bank of Canada Reports Profitable Q2 and Declares Dividend
Montreal, May 30, 2025 — Laurentian Bank of Canada (TSX: LB) has announced its second quarter 2025 results, marking a significant milestone in its ongoing strategic transformation. The bank reported a profit of $32 million for the quarter, reflecting its efforts to enhance operational efficiency and financial performance.
Financial Highlights
The bank’s financial performance for the quarter ended April 30, 2025, was based on condensed interim consolidated (unaudited) information prepared in accordance with IFRS Accounting Standards. Laurentian Bank reported a Non-GAAP earnings per share (EPS) of C$0.73 and revenue of C$242.52 million, as noted in multiple sources including Seeking Alpha.
Strategic Progress
Laurentian Bank’s CEO highlighted the progress made in executing the bank’s strategic plan, emphasizing the transformation of the organization and steady progress toward generating efficiency. This marks a year of focused efforts on the bank’s turnaround strategy, which aims to strengthen its market position and financial health.
Dividend Declaration
In a separate announcement, the Board of Directors declared a regular quarterly dividend of 47 cents per share on the bank’s common shares. This dividend is payable on August 1, 2025, to shareholders of record as of July 31, 2025. The declaration underscores the bank’s commitment to returning value to its shareholders while maintaining financial stability.
Market Position
Despite a challenging market environment, as indicated by a negative Price Earnings ratio of -69.14 and a close price of 28.5 CAD on May 27, 2025, Laurentian Bank’s recent performance and strategic initiatives signal a positive trajectory. The bank’s market capitalization stands at 1.24 billion CAD, reflecting its resilience and potential for growth.
Conclusion
Laurentian Bank of Canada’s Q2 2025 results and strategic progress demonstrate its commitment to transformation and shareholder value. As the bank continues to implement its strategic plan, stakeholders can anticipate further developments in its journey toward enhanced efficiency and profitability. For more information, stakeholders are encouraged to visit the bank’s website at www.laurentianbank.ca .