Laurentian Bank of Canada reports 2024 results
Laurentian Bank of Canada reported a net loss of $5.5 million and a diluted loss per share of $0.41 for the year ended October 31, 2024, compared with net income of $181.1 million and diluted earnings per share of $3.89 for the year ended October 31, 2023. Return on common shareholders' equity was a negative 0.7% for the year ended October 31, 2024, compared with 6.6% for the year ended October 31, 2023. Of note, reported results for the year ended October 31, 2024 included restructuring and oth