Laurentian Bank Of Canada Reports Decline In Q3 Bottom Line

(RTTNews) - Laurentian Bank Of Canada (LB.TO) reported earnings for third quarter that Drops, from last year

The company's bottom line came in at C$29.45 million, or C$0.66 per share. This compares with C$38.72 million, or C$0.88 per share, last year.

Excluding items, Laurentian Bank Of Canada reported adjusted earnings of C$32.29 million or C$0.73 per share for the period.

The company's revenue for the period fell 2.4% to C$244.71 million from C$250.77 million last year.

Laurentian Bank Of Canada earnings at a glance (GAAP) :

-Earnings: C$29.45 Mln. vs. C$38.72 Mln. last year. -EPS: C$0.66 vs. C$0.88 last year. -Revenue: C$244.71 Mln vs. C$250.77 Mln last year.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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