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Laurentian Bank Financial Group

10:47 AM EST - Laurentian Bank Financial Group : Reported net income of $47.8 million and diluted earnings per share of $1.05 for the third quarter of 2019, compared with $54.9 million and $1.23 for the third quarter of 2018. Return on common shareholders' equity was 7.8% for the third quarter of 2019, compared with 9.2% for the third quarter of 2018. On an adjusted basis, net income was $51.9 million and diluted earnings per share were $1.15 for the third quarter of 2019, down 13% and 14% respectively, compared with $59.4 million and $1.34 for the third quarter of 2018. Laurentian Bank Financial Group shares T.LB are trading down $0.28 at $44.13.