Solid asset quality Stable capital adequacy Strong retail deposit funding base Modest earnings cushion Small market share position Lack of product diversification High exposure to personal lending The stable outlook on Laurentian Bank of Canada reflects Standard&Poor's Ratings Services' expectation that the bank will continue to generate sustainable and consistent earnings, supported by its solid asset quality, adequate capitalization, and predominantly retail deposit funding base. The outlook or ratings could come under pressure if deteriorating economic conditions lead to substantial increases in the bank's loss rates for retail loan exposures. A positive outlook or rating action could occur if there is material strengthening of the bank's capital and earnings, or if Laurentian Bank improves the strength and diversity
