10:42 AM EST - Laurentian Bank of Canada : Reported net income of $51.9 million and diluted earnings per share of $1.09 for the first quarter of 2023, compared with $55.5 million and $1.17 for the first quarter of 2022. Return on common shareholders' equity was 7.5% for the first quarter of 2023, compared with 8.5% for the first quarter of 2022. Adjusted net income was $54.3 million and adjusted diluted earnings per share were $1.15 for the first quarter of 2022, compared with $59.5 million and $1.26 for the first quarter of 2022. Adjusted return on common shareholders' equity was 7.8% for the first quarter of 2023, compared with 9.2% for the same period a year ago. Laurentian Bank of Canada
shares T.LB are trading down $0.90 at $34.20.
