Laurentian Bank of Canada Reports Strong Q2 Performance and Declares Dividend

Montreal, May 30, 2025 — Laurentian Bank of Canada (TSX: LB) has announced a robust second quarter for 2025, marking a significant milestone in its ongoing strategic transformation. The bank reported a profit of $32 million for the quarter, underscoring its commitment to efficiency and growth as outlined in its strategic plan.

In a recent earnings call, the bank highlighted its progress in transforming its operations, with a focus on generating efficiency and enhancing service offerings. This quarter’s performance reflects the bank’s dedication to its strategic objectives, which have been in place for over a year.

Financial Highlights

  • Profitability: Laurentian Bank reported a profit of $32 million for Q2 2025, demonstrating a strong recovery and operational efficiency.
  • Revenue: The bank achieved a revenue of C$242.52 million, with a Non-GAAP EPS of C$0.73, indicating solid financial health.
  • Dividend Declaration: The Board of Directors declared a regular quarterly dividend of 47 cents per share, payable on August 1, 2025, to shareholders. This decision reflects the bank’s confidence in its financial stability and commitment to returning value to its shareholders.

Market Position and Outlook

Despite a challenging market environment, Laurentian Bank’s performance has been commendable. The bank’s close price as of May 27, 2025, stood at 28.5 CAD, with a market capitalization of 1.24 billion CAD. While the price-to-earnings ratio remains negative at -69.14, the bank’s strategic initiatives and recent financial results suggest a positive trajectory.

Laurentian Bank continues to serve individuals, small and medium-sized enterprises, and independent advisors across Canada, maintaining its position as a full-service brokerage firm. The bank’s main office in Montreal remains a hub for its diverse banking services.

Strategic Initiatives

The bank’s strategic plan, which has been in effect for over a year, focuses on operational efficiency and customer-centric services. The leadership team, led by the CEO, has emphasized the importance of these initiatives in driving long-term growth and stability.

As Laurentian Bank of Canada moves forward, it remains committed to its strategic goals, aiming to enhance its market position and deliver sustained value to its stakeholders. The bank’s recent financial performance and strategic initiatives position it well for future growth and success in the competitive Canadian banking sector.

For more information, visit Laurentian Bank’s website .