🤑 It doesn’t get more affordable. Grab this 60% OFF Black Friday offer before it disappears…CLAIM SALE

BRIEF-Laurentian Bank Q3 earnings per share C$1.44

Published 2015-09-02, 08:50 a/m
© Reuters.  BRIEF-Laurentian Bank Q3 earnings per share C$1.44
LB
-

Sept 2 (Reuters) - Laurentian Bank of Canada LB.TO :
* Reports solid third quarter results
* Q3 earnings per share C$1.44
* Q3 revenue rose 3 percent to C$226.6 million
* Q3 earnings per share view C$1.43 -- Thomson Reuters I/B/E/S
* Q3 adjusted earnings per share C$1.48
* Provision for loan losses decreased by 33% to $7.0 million for the third
quarter of 2015
* Says net interest income increased by $6.0 million or 4% to $147.2 million
for the third quarter of 2015
* Bank's book value per common share appreciated to $47.45 as at July 31, 2015
from $45.89 as at October 31, 2014
* Net interest margin decreased to 1.85% for the third quarter of 2015 from
1.89% for the third quarter of 2014

* Source text for Eikon ID:nCNW3vnrSa

* Further company coverage LB.TO


Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.