US EditionLaurentian Bank Reports $37.5 Million Q3 Profit as Revenue Down From Last Year
Laurentian Bank's net income rose to $37.5 million with reduced credit loss provisions, despite a decline in total revenue to $246.8 million, reflecting operational resilience.
- On Aug. 29, 2025, Laurentian Bank of Canada reported third-quarter net interest income rose 3 per cent to $185.9 million for the quarter ending July 31.
- Total revenue fell to $246.8 million, down from previous-year revenue of $256.5 million and missing expectations of $248.2 million before markets opened on Friday.
- Adjusted net income stood at $113.0 million, down from $127.7 million last year, with adjusted earnings of C$2.28 per share compared to C$2.68.
- Provisions for credit losses fell to $11.1 million, reflecting a reduction from previous levels.
- This report was first published Aug. 29, 2025, and the results were disclosed before markets opened on Friday, with the stock trading between $31.74 and $24.37 amid Canada's S&P/TSX Small Cap Index up about 27 per cent.
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The action of the Laurentian Bank is under pressure on Friday after the presentation of its financial performance in May, June and July.
Winnipeg Free Press
Laurentian Bank reports $37.5 million Q3 profit as revenue down from last year
Breaking News, Sports, Manitoba, Canada
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Laurentian Bank posts Q3 2025 profit despite revenue drop
Laurentian Bank of Canada (TSX:LB) posted its Q3 2025 results, reporting net income rising to C$37.5 million and diluted EPS to $0.73, up from C$34.1 million and $0.67 in Q3 2024 Total revenue fell by C$9.7 million year-over-year, mainly due to lower other income and reduced brokerage commissions Provision for credit losses dropped to C$11.1 million, and non-interest expenses decreased by C$10.5 million, reflecting cost-cutting and restructuring…
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