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Laurentian Bank of Canada

03:39 PM EST - Laurentian Bank of Canada : reported net income of $31.0 million, or $1.16 diluted per share, for the first quarter ended January 31, 2012, compared with $36.9 million, or $1.41 diluted per share, for the first quarter of 2011. Return on common shareholders' equity was 11.6% for the first quarter of 2012, compared with 15.2% for the first quarter of 2011. Excluding Transaction and Integration Costs1 (T&I Costs), net income was $32.9 million or $1.24 diluted per share for the first quarter of 2012 and return on common shareholders' equity was 12.4%. Laurentian Bank of Canada shares T.LB are trading down $0.67 at $44.38.