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Laurentian Bank of Canada

10:06 AM EST - Laurentian Bank of Canada : reported net income of $33.5 million, or $1.27 diluted earnings per share, for the first quarter ended January 31, 2011, compared to net income of $32.0 million, or $1.21 diluted earnings per share, for the first quarter of 2010. Return on common shareholders' equity was 11.9% for the quarter, compared to 12.3% for the corresponding period in 2010. Laurentian Bank of Canada shares T.LB are trading down $0.61 at $53.69.