The Laurentian Bank of Canada
The Laurentian Bank of Canada (Banque Laurentienne du Canada, Laurentian Bank Financial Group), founded in 1846, is a medium-sized universal bank with activities in Quebec, Ontario, British Columbia and Territories, Alberta and the Prairies, the Atlantic provinces as well as in the United Sates through Northpoint Commercial Finance (NCF), a nonbank inventory finance lender. Laurentian Bank employs approximately 3,100 people and maintains 88 retail branches and 197 ATMs across the country. The main business areas are Retail and Business banking, B2B Bank segment and Capital Markets segment which includes Laurentian Bank Securities subsidiary. The company offers personal and business current accounts, foreign currency accounts, term deposits, personal and car loans, credit cards, student loans, small business loans, mortgages, lines of credit, private banking, life insurance, disability insurance, real estate products, mutual funds, guaranteed investment certificates as well as equipment finance, short-term and long-term investment solutions, payment services, Visa business cards, international transaction settlement, mobile and online banking and more. In 2019, the company's total revenue and net income were C$969 million and C$173 million, respectively. As of April 30, 2020, Laurentian Bank Financial Group reported total assets of C$45.4 billion, deposits of C$25.3 billion, loans of C$34 billion and shareholders’ equity of C$2.3 billion. The Bank’s common shares are traded on the Toronto Stock Exchange (TSX), with a market capitalization of US$1.0 billion as of June 15, 2020. The company was established in 1846 and is headquartered in Montreal, Quebec.
Laurentian Bank Mortgage Rates
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* Promotional rate. Mortgages rates are subject to change without notice.
Laurentian Bank Credit Ratings
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Laurentian Bank Insurance Inc
Laurentian Bank Securities Inc
Laurentian Capital (USA) Inc
Laurentian Trust of Canada Inc
LBC Capital Inc
LBC Leasing Limited Partnership
NCF International S.a.r.l. (Luxembourg)
Northpoint Commercial Finance Canada Inc
NCF Commercial Finance Holdings Inc
LBC Financial Services Inc
LBC Investment Management Inc
V.R. Holding Insurance Company Ltd (St. James, Barbados)
VRH Canada Inc
LBC Tech Inc
Head office address:
1360 René-Lévesque Blvd West
Suite 600, Montreal
Quebec H3G 0E5, Canada
Tel: 1 514 284 7192
Toll-free number: 1 800 252 1846
199 Bay Street, Suite 600
Toronto, Ontario M5L 0A2
Northpoint Commercial Finance
11675 Rainwater Drive, Suite 450
Alpharetta, GA 30009
Phone: 1 866 781 2420
5035 South Service Road, Suite 500
Burlington, ON L7L 6M9
Tel: (888) 857 8065
Laurentian Bank Dividends
The Board of Directors declared the following dividends:
A regular quarterly dividend of $0.40 per share on the common shares, payable on August 1, 2020, to shareholders at the close of business on July 2, 2020.
A dividend of $0.257688 per share on the preferred shares Series 13, payable on June 15, 2020, to shareholders at the close of business on June 8, 2020.
A dividend of $0.36563 per share on the preferred shares Series 15, payable on June 15, 2020, to shareholders at the close of business on June 8, 2020.