Maximizing Our Potential - Laurentian Bank Releases Its 2013 Annual Report

Maximizing Our Potential - Laurentian Bank Releases Its 2013 Annual Report 
MONTREAL, Dec. 11, 2013 /CNW Telbec/ - Laurentian Bank is pleased to announce 
that its Annual Report for the fiscal year ended October 31, 2013 is now 
available on its Web site (laurentianbank.ca) under the Laurentian Bank tab in 
the Investors section. 
Within an economic context marked by low interest rates and new regulatory 
constraints, Laurentian Bank succeeded in posting record results for a seventh 
consecutive year, exceeding the $150 million mark in adjusted net income for 
the first time in its history. More specifically, the Bank's adjusted net 
income totalled $156 million in fiscal 2013, up 11% from the previous year. 
"Of course, these solid results were not achieved by accident," underlined 
Bank President and CEO, Mr. Réjean Robitaille. "They are directly 
attributable to the complementarity and geographic diversity of our 
activities, the positive impact of our acquisitions and partnerships, our 
quality of execution, and our highly targeted strategy. Our positive 
performance also translated into a 52% increase in the dividend paid to our 
shareholders over the course of the past five years." 
2013 Highlights 


    --  Launch of leasing products to the line of financing solutions
        offered to commercial clients, providing businesses across
        Canada with an alternate means of acquiring equipment;
    --  Addition of new specializations for business financing
        activities especially in the food processing, metals processing
        and aeronautics sectors;
    --  Establishment of partnerships with the FADOQ network, the
        largest federation of people aged 50 and over in Québec, and
        the Réseau des ingénieurs du Québec;
    --  Reinforcement of Laurentian Bank Securities and Capital
        Markets' presence in the Institutional Equity and Fixed Income
        markets;
    --  Pursuit of the integration of MRS Companies and AGF Trust.

Three Strategic Pillars: Focus, Agile Growth and Execution

Three fundamental pillars serve to guide the Bank in making its selective 
investments, in advancing its growth, and in furthering its continuous 
development. Through its focus, the organization is able to gain extensive 
client knowledge, to understand how to best serve them, and to invest in the 
best possible ways. For their part, a culture of proximity and a flexible 
organizational structure provide the Bank with the agility needed to foster 
its development. Finally, the organization's effective business plan and 
proactive risk management practices form the basis of its excellence of 
execution.

About Laurentian Bank
Laurentian Bank of Canada is a banking institution whose activities extend 
across Canada. Recognized for its excellent service, proximity and simplicity, 
the Bank serves one and a half million clients throughout the country. Founded 
in 1846, it employs some 4,000 people whose talent and dedication has made it 
a major player in numerous market segments. The institution has $34 billion in 
balance sheet assets and more than $37 billion in assets under administration.

Laurentian Bank distinguishes itself through the excellence of its execution 
and its agility. Catering to the needs of retail clients via its extensive 
branch network and constantly evolving virtual offerings, the Bank has also 
earned a solid reputation among SMEs, larger businesses and real estate 
developers thanks to its growing presence across Canada and its specialized 
teams in Ontario, Québec, Alberta and British Columbia. For its part, the 
organization's B2B Bank subsidiary is a Canadian leader in providing banking 
and investment products and services to financial advisors and brokers, while 
Laurentian Bank Securities is an integrated broker that is also widely known 
for its expert and effective services nationwide.



SOURCE  Laurentian Bank of Canada 
Gladys Caron Vice-President, Public Affairs, Communications and Investor 
Relations Office: (514) 284-4500, ext. 7511 gladys.caron@banquelaurentienne.ca 
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CO: Laurentian Bank of Canada
ST: Quebec
NI: FIN FIN ERN  
-0- Dec/11/2013 19:10 GMT
 
 
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