Laurentian Bank of Canada

TSX:LB Stock Report

Market Cap: CA$1.3b

Laurentian Bank of Canada Management

Management criteria checks 1/4

Laurentian Bank of Canada's CEO is Eric Provost, appointed in Oct 2023, has a tenure of 1.25 years. total yearly compensation is CA$2.64M, comprised of 15.2% salary and 84.8% bonuses, including company stock and options. directly owns 0.009% of the company’s shares, worth CA$118.68K. The average tenure of the management team and the board of directors is 1.1 years and 2.8 years respectively.

Key information

Eric Provost

Chief executive officer

CA$2.6m

Total compensation

CEO salary percentage15.2%
CEO tenure1.3yrs
CEO ownership0.009%
Management average tenure1.1yrs
Board average tenure2.8yrs

Recent management updates

Recent updates

Laurentian Bank of Canada (TSE:LB) Will Pay A Dividend Of CA$0.47

Dec 14
Laurentian Bank of Canada (TSE:LB) Will Pay A Dividend Of CA$0.47

Laurentian Bank of Canada (TSE:LB) Is Paying Out A Dividend Of CA$0.47

Sep 03
Laurentian Bank of Canada (TSE:LB) Is Paying Out A Dividend Of CA$0.47

Laurentian Bank of Canada (TSE:LB) Has Announced A Dividend Of CA$0.47

Jun 20
Laurentian Bank of Canada (TSE:LB) Has Announced A Dividend Of CA$0.47

Laurentian Bank of Canada (TSE:LB) Is Paying Out A Dividend Of CA$0.47

Mar 07
Laurentian Bank of Canada (TSE:LB) Is Paying Out A Dividend Of CA$0.47

Laurentian Bank of Canada's (TSE:LB) Dividend Will Be Increased To CA$0.47

Jun 06
Laurentian Bank of Canada's (TSE:LB) Dividend Will Be Increased To CA$0.47

Here's Why Laurentian Bank of Canada (TSE:LB) Has Caught The Eye Of Investors

Jun 02
Here's Why Laurentian Bank of Canada (TSE:LB) Has Caught The Eye Of Investors

Laurentian Bank of Canada (TSE:LB) Is Paying Out A Larger Dividend Than Last Year

Dec 13
Laurentian Bank of Canada (TSE:LB) Is Paying Out A Larger Dividend Than Last Year

Laurentian Bank of Canada's (TSE:LB) Dividend Will Be Increased To CA$0.45

Jun 08
Laurentian Bank of Canada's (TSE:LB) Dividend Will Be Increased To CA$0.45

Laurentian Bank of Canada's (TSE:LB) Shareholders Will Receive A Bigger Dividend Than Last Year

Dec 16
Laurentian Bank of Canada's (TSE:LB) Shareholders Will Receive A Bigger Dividend Than Last Year

Laurentian Bank of Canada (TSE:LB) Has Announced A Dividend Of CA$0.40

Sep 20
Laurentian Bank of Canada (TSE:LB) Has Announced A Dividend Of CA$0.40

Laurentian Bank of Canada (TSE:LB) Has Re-Affirmed Its Dividend Of CA$0.40

Sep 06
Laurentian Bank of Canada (TSE:LB) Has Re-Affirmed Its Dividend Of CA$0.40

Laurentian Bank of Canada (TSE:LB) Has Affirmed Its Dividend Of CA$0.40

Jun 06
Laurentian Bank of Canada (TSE:LB) Has Affirmed Its Dividend Of CA$0.40

CEO Compensation Analysis

How has Eric Provost's remuneration changed compared to Laurentian Bank of Canada's earnings?
DateTotal CompensationSalaryCompany Earnings
Oct 31 2024n/an/a

-CA$18m

Jul 31 2024n/an/a

-CA$27m

Apr 30 2024n/an/a

-CA$12m

Jan 31 2024n/an/a

CA$155m

Oct 31 2023CA$3mCA$400k

CA$169m

Jul 31 2023n/an/a

CA$194m

Apr 30 2023n/an/a

CA$201m

Jan 31 2023n/an/a

CA$211m

Oct 31 2022CA$2mCA$346k

CA$215m

Jul 31 2022n/an/a

CA$56m

Apr 30 2022n/an/a

CA$62m

Jan 31 2022n/an/a

CA$54m

Oct 31 2021CA$1mCA$315k

CA$45m

Jul 31 2021n/an/a

CA$183m

Apr 30 2021n/an/a

CA$159m

Jan 31 2021n/an/a

CA$114m

Oct 31 2020CA$845kCA$284k

CA$102m

Compensation vs Market: Eric's total compensation ($USD1.84M) is about average for companies of similar size in the Canadian market ($USD1.82M).

Compensation vs Earnings: Eric's compensation has increased whilst the company is unprofitable.

CEO

Eric Provost (49 yo)

1.3yrs

Tenure

CA$2,638,006

Compensation

Mr. Eric Provost had been Group Head of Personal and Commercial Banking at Laurentian Bank of Canada since September 2023 and is President and Chief Executive Officer from October 01, 2023 and is its Direc...

Leadership Team

NamePositionTenureCompensationOwnership
Eric Provost
President1.3yrsCA$2.64m0.0094%
CA$ 118.7k
Yvan Deschamps
Chief Financial Officer3.8yrsCA$2.01m0.0044%
CA$ 55.9k
Benoit Bertrand
Chief Information Officerless than a yearno datano data
Macha Pohu
Chief Human Resources Officer & Corporate Affairsless than a yearno data0.00076%
CA$ 9.6k
Thierry Langevin
Chief of Personal and Commercial Banking1.3yrsno data0.00086%
CA$ 10.8k
Sophie Boucher
Senior VP and Head of Personal Banking & Small-Medium Enterprises (SME)1.3yrsno data0.00042%
CA$ 5.3k
Marie-Christine Custeau
Head of Strategy & Transformation and Head digital experienceno datano data0.0014%
CA$ 18.0k
Brian Doyle
Acting Head of Capital Marketsless than a yearno datano data
Christian De Broux
Chief Risk Officerless than a yearno datano data
Raphael Ambeault
Investor Relation Officerno datano datano data

1.1yrs

Average Tenure

Experienced Management: LB's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Eric Provost
President1.3yrsCA$2.64m0.0094%
CA$ 118.7k
Michael Boychuk
Independent Chair of the Board11.4yrsCA$210.00k0.0032%
CA$ 40.7k
Sonia Baxendale
Independent Director8.4yrsCA$180.00k0.018%
CA$ 223.6k
David Mowat
Independent Director5.4yrsCA$180.00k0.025%
CA$ 310.0k
Andrea Bolger
Independent Director5.4yrsCA$201.78k0.0093%
CA$ 117.3k
Nicholas Zelenczuk
Independent Director4.7yrsCA$155.00k0.011%
CA$ 143.0k
Johanne Brunet
Independent Directorless than a yearno datano data
Suzanne Gouin
Independent Director3.8yrsCA$155.00k0.0023%
CA$ 28.6k
Paul Stinis
Independent Directorless than a yearno datano data
Robert Ouellette
Independent Directorless than a yearno datano data
Jamey Hubbs
Independent Directorless than a yearno datano data
Laurent Desmangles
Independent Director1.8yrsCA$111.99kno data

2.8yrs

Average Tenure

65yo

Average Age

Experienced Board: LB's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/06 00:10
End of Day Share Price 2025/01/06 00:00
Earnings2024/10/31
Annual Earnings2024/10/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Laurentian Bank of Canada is covered by 20 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John AikenBarclays
Sohrab MovahediBMO Capital Markets Equity Research
Scott ChanCanaccord Genuity