Consistent core operating profitability Solid asset quality Stable capital adequacy Strong retail deposit funding base Geographic concentration in Quebec Small market share position Lack of product diversification High exposure to personal lending The stable outlook reflects Standard&Poor's expectation that Laurentian Bank of Canada will continue to generate sustainable and consistent earnings, supported by its solid asset quality, stable risk-adjusted capital (RAC) ratios, and strong retail deposit funding base. The outlook or ratings could come under pressure if asset quality were to deteriorate significantly, resulting in a significant rise in loan losses and decreased profitability, or if Laurentian Bank were to materially increase its risk profile through aggressive loan growth or capital markets expansion. Conversely, a positive outlook would
