Laurentian Bank FY26 Q3 net income drops 96% to C$1.5 million; revenue falls 2.07% to C$241.7 million

• Laurentian Bank posted Q3 2026 net income of CAD 1.5 million, down 96%, swinging to a diluted loss of CAD 0.08 per share.
• Revenue slipped 2.07% to CAD 241.7 million, as other income fell to CAD 52.3 million on weaker financial-instrument gains.
• Credit-loss provisions more than doubled to CAD 25.6 million; the efficiency ratio widened to 91% from 76.9%.
• Results included CAD 36 million of pre-tax adjustment items tied to the Dec. 2, 2025 transactions; adjusted net income was CAD 28 million.
• CEO Éric Provost cited solid growth in commercial specialties, with closings with Fairstone and National Bank still expected by end-2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Laurentian Bank of Canada published the original content used to generate this news brief via CNW (Ref. ID: 202608280625CANADANWCANADAPF_C8217) on August 28, 2026, and is solely responsible for the information contained therein.