LAURENTIAN BK PFD 13 Aktie

Fairstone is acquiring the Montreal-based Laurentian Bank for C$1.9 billion and will pay C$40.50 per share in cash. Prior to closing, National Bank of Canada will purchase Laurentian’s private and retail banking business, including C$3.3 billion of loans and C$7.6 billion of deposits, but will not take on branches or employees. Éric Provost will remain chairman after the transaction; closing is expected by the end of next year, subject to regulatory approval. » Mere på de.investing.com

Laurentian Bank reported Q3 2025 EPS of $0.78, beating the consensus expectation, while revenue of $246.8 million was slightly below estimates. Despite gains in operational efficiency and a focus on technology, the stock fell about 2.5% pre-market as management expects muted growth in earning assets and stable net interest margins for Q4. CEO Eric Provo and CFO Yves Deschenes stressed strategic streamlining and moderate growth targets; risks remain from commercial real estate and U.S. interest-rate developments. » Mere på de.investing.com

Laurentian Bank of Canada reported adjusted net income of $39.6 million for Q3 2025 and an adjusted ROE of 5.4%, while total revenues fell slightly and the cost-to-income ratio remained elevated at around 75.7%. The bank posted an improved CET1 ratio of 11.3% and growth in its commercial lending portfolio, but faces challenges in operating efficiency and credit quality. Management stresses a conservative capital and risk-management focus while maintaining priority on specialty finance. » Mere på de.investing.com