U.S. Markets open in 6 hrs 8 mins

Laurentian Bank of Canada (LB.TO)


Toronto - Toronto Delayed Price. Currency in CAD
Add to watchlist
52.65-0.35 (-0.66%)
At close: 4:00PM EDT

Laurentian Bank of Canada

Tour Banque Laurentienne
1981 McGill College Avenue
Montréal, QC H3A 3K3
Canada
514-284-4500
http://www.laurentianbank.com

SectorFinancial
IndustryMoney Center Banks
Full Time Employees3,687

Key Executives

NameTitlePayExercisedAge
Mr. François DesjardinsChief Exec. Officer, Pres and Non Independent Director1.45MN/A46
Mr. François Laurin FCPA, FCA, CFA, CAChief Financial Officer and Exec. VP639.18kN/A57
Ms. Deborah RoseChief Information Officer, EVP of Intermediary Banking, CEO of B2B Bank and Pres of B2B Bank687.63kN/AN/A
Mr. Stéphane TherrienExec. VP of Personal and Commercial Banking935.44kN/AN/A
Ms. Susan Kudzman FSA, FICA, CERAChief Risk Officer, Exec. VP and Corp. Affairs Officer636.59kN/A54
Amounts are as of December 31, 2016 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Laurentian Bank of Canada, together with its subsidiaries, provides banking services to individuals, small and medium-sized enterprises, and independent advisors in Canada. The company offers transactional products and current accounts, term deposits, and investment accounts; personal line of credit, personal loans, student loans, and RRSP loans; financing for agriculture, real estate, and commercial industries, as well as small and medium-sized enterprises; mortgage solutions, such as variable-rate mortgage, fixed-rate mortgage, equity line of credit, mortgage insurance, and retirement line of credit; and credit and business cards, as well as equipment finance and leasing solutions. It also provides investment products, including fixed-rate investments, indexed investments, mutual funds, systematic savings plans, retirement projection plans, registered plans, bank securities, deposit-insurance, and power-of-attorneys; short-term and long-term investment solutions; and guaranteed investment certificates, as well as offers credit insurance products. In addition, the company offers advising services in the areas of portfolio management, personal finances management, and financial planning; securities brokerage services; and foreign trade services. As of October 31, 2016, it operated 145 branches and 398 automated banking machines in Canada; 30 financing offices in British Columbia, Alberta, Nova Scotia, Newfoundland, Ontario, and Quebec; and 16 capital market offices in Quebec, Ontario, and Manitoba. Laurentian Bank of Canada was founded in 1846 and is headquartered in Montréal, Canada.

Corporate Governance

Laurentian Bank of Canada’s ISS Governance QualityScore as of May 1, 2017 is 1. The pillar scores are Audit: 1; Board: 1; Shareholder Rights: 1; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.