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Laurentian Bank of Canada

10:35 AM EST - Laurentian Bank of Canada : Reported net income of $59.5 million and diluted earnings per share of $1.34 for the second quarter of 2022, compared with $53.1 million and $1.15 for the second quarter of 2021. Return on common shareholders' equity was 10.0% for the second quarter of 2022, compared with 8.6% for the second quarter of 2021. Adjusted net income was $61.6 million and adjusted diluted earnings per share were $1.39 for the second quarter of 2022, up from $56.7 million and $1.23 for the second quarter of 2021. Adjusted return on common shareholders' equity was 10.3% for the second quarter of 2022, compared with 9.2% a year ago. Laurentian Bank of Canada
shares T.LB are trading up $2.78 at $41.39.