Benoit Bertrand - Laurentian Bank Chief Officer

LB Stock  CAD 28.81  0.31  1.09%   

Executive

Benoit Bertrand is Chief Officer of Laurentian Bank
Address 1360 RenE-LEvesque Blvd West, Montreal, QC, Canada, H3G 0E5
Phone800 522 1846
Webhttps://www.laurentianbank.ca

Laurentian Bank Management Efficiency

At this time, Laurentian Bank's Return On Tangible Assets are very stable compared to the past year. As of the 25th of November 2024, Return On Assets is likely to grow to 0, while Return On Capital Employed is likely to drop 0.01. At this time, Laurentian Bank's Other Current Assets are very stable compared to the past year. As of the 25th of November 2024, Return On Tangible Assets is likely to grow to 0, while Total Assets are likely to drop about 31.1 B. Laurentian Bank's management efficiency ratios could be used to measure how well Laurentian Bank manages its routine affairs as well as how well it operates its assets and liabilities.
Laurentian Bank has accumulated 15.23 B in total debt with debt to equity ratio (D/E) of 3.77, implying the company greatly relies on financing operations through barrowing. Debt can assist Laurentian Bank until it has trouble settling it off, either with new capital or with free cash flow. So, Laurentian Bank's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Laurentian Bank sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Laurentian to invest in growth at high rates of return. When we think about Laurentian Bank's use of debt, we should always consider it together with cash and equity.

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Laurentian Bank of Canada, together with its subsidiaries, provides various banking services to individuals, small and medium-sized enterprises, and institutional customers in Canada and the United States. Laurentian Bank of Canada was founded in 1846 and is headquartered in Montral, Canada. LAURENTIAN BANK operates under BanksRegional classification in Canada and is traded on Toronto Stock Exchange. It employs 2900 people. Laurentian Bank (LB) is traded on Toronto Exchange in Canada and employs 2,800 people. Laurentian Bank is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Laurentian Bank Leadership Team

Elected by the shareholders, the Laurentian Bank's board of directors comprises two types of representatives: Laurentian Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Laurentian. The board's role is to monitor Laurentian Bank's management team and ensure that shareholders' interests are well served. Laurentian Bank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Laurentian Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
Sebastien Belair, Executive COO
Sonia Baxendale, Independent Director
Michelle Savoy, Independent Director
Adam Swinemar, Senior Banking
Kelsey Gunderson, Executive Vice President, Capital Markets and President and Chief Executive Officer of Laurentian Bank Securities
Susan Jenah, Independent Director
MarieChristine Custeau, payments experience
David Morris, Independent Director
Lise Bastarache, Independent Director
Rania Llewellyn, CEO Pres
Andrew Chornenky, Vice Relations
Merick Seguin, Senior Relations
Deborah Rose, Executive Vice President, Chief Operating Officer, Chief Information Officer
Thierry Langevin, Executive Banking
Michael Boychuk, Independent Director
Andr Lopresti, VP Accountant
Bindu Cudjoe, Chief Sec
Yves Denomme, Ex Operations
Brian Doyle, Acting Markets
Sophie Boucher, Senior Enterprises
David Mowat, Independent Director
Michael Mueller, Independent Chairman of the Board
William Mason, Executive Vice President Chief Risk Officer
Francois Laurin, Chief Financial Officer, Executive Vice-President - Finance, Treasury, Capital Markets
Eric Provost, CEO President
MBA LLB, Executive Officer
Susan Cohen, Director Relations
Benoit Bertrand, Chief Officer
Francois Desjardins, President, Chief Executive Officer, Non-independent Director
Macha Pohu, Chief Officer
Raphael Ambeault, Investor Officer
Andrea Bolger, Independent Director
CGA CPA, Executive CFO
Stephane Therrien, Executive Vice-President - Personal & Commercial Banking, Laurentian Bank and President and Chief Executive Officer - LBC Financial Services

Laurentian Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Laurentian Bank a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Pair Trading with Laurentian Bank

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Laurentian Bank position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Laurentian Bank will appreciate offsetting losses from the drop in the long position's value.

Moving together with Laurentian Stock

  0.67JPM JPMorgan ChasePairCorr
  0.77BOFA Bank of AmericaPairCorr
The ability to find closely correlated positions to Laurentian Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Laurentian Bank when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Laurentian Bank - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Laurentian Bank to buy it.
The correlation of Laurentian Bank is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Laurentian Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Laurentian Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Laurentian Bank can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Laurentian Stock

Laurentian Bank financial ratios help investors to determine whether Laurentian Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Laurentian with respect to the benefits of owning Laurentian Bank security.