Michael Boychuk - Laurentian Bank Independent Director
| LB Stock | CAD 28.50 0.07 0.25% |
Director
Mr. Michael T. Boychuk is Independent Director of Laurentian Bank Of Canada. Mr. Boychuk is a corporate director. A chartered professional accountant since 1979, Mr. Boychuk became a Fellow of the Ordre des comptables professionnels agrs du Qubec in 2012. From July 2009 until his retirement in June 2015, he was President of Bimcor Inc., the pension fund investment manager for the BCE Inc.Bell Canada group of companies. From 1999 to 2009, he was Senior VicePresident and Treasurer of BCE Inc.Bell Canada, responsible for all treasury, corporate security as well as environment and sustainability activities, and for the BCE Group of companies pension plans. Mr. Boychuk is a member of the Board of Governors and Chair of McGill Universitys Audit Committee. He also serves on the International Advisory Committee of McGill Universitys Faculty of Management. Mr. Boychuk is a member of the Board of Directors of The Cadillac Fairview Corporation Limited. He is an Advisory Board Member of Fengate Capital Management and also sits on the Investment Committee of the J.W. McConnell Family Foundation and the Nunavut Trust. since 2013.
| Age | 63 |
| Tenure | 11 years |
| Address | 1360 RenE-LEvesque Blvd West, Montreal, QC, Canada, H3G 0E5 |
| Phone | 800 522 1846 |
| Web | https://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 22nd 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 22nd 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.Similar Executives
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Management Performance
| Return On Equity | -0.0055 | |||
| Return On Asset | -3.0E-4 |
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.
| Return On Equity | -0.0055 | |||
| Return On Asset | -3.0E-4 | |||
| Profit Margin | (0.02) % | |||
| Operating Margin | 0.20 % | |||
| Current Valuation | 10.92 B | |||
| Shares Outstanding | 43.92 M | |||
| Shares Owned By Institutions | 23.71 % | |||
| Number Of Shares Shorted | 2.04 M | |||
| Price To Earning | 11.37 X | |||
| Price To Book | 0.47 X |
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 against Laurentian Stock
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.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.