Laurentian Bank of Canada Q3 2023 Earnings Call Transcript - Thomson StreetEvents

Laurentian Bank of Canada Q3 2023 Earnings Call Transcript

Laurentian Bank of Canada Q3 2023 Earnings Call Transcript - Thomson StreetEvents
Laurentian Bank of Canada Q3 2023 Earnings Call Transcript
Published Aug 31, 2023
Published Aug 31, 2023
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About This Report

  
Abstract:

Edited Transcript of LB.TO earnings conference call or presentation 31-Aug-23 1:00pm GMT

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Laurentian Bank of Canada
Ticker
LB.TO
Time
1:00pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Gabriel Dechaine - National Bank Financial, Inc., Research Division - Analyst : First question about the NIM. And I heard you say and it's in the slides about -- talk about mortgage prepayment penalties. I'm just a bit surprised to see that being an influencing factor this quarter. I don't think people are paying down their mortgages and refinancing because of higher rates. Maybe I'm thinking about it the wrong way, and you can clarify?

Question: Gabriel Dechaine - National Bank Financial, Inc., Research Division - Analyst : Okay. Just like -- I got it. It's not -- it's probably down from last year, I would imagine as well.

Question: Gabriel Dechaine - National Bank Financial, Inc., Research Division - Analyst : Okay, cool. Now Northpoint, I know the revenue contribution. I know the loan -- percentage of loans represents, unless I'm missing it, which is possible, but I don't know the profit contribution. Could you clarify how much Northpoint contributes to your profits?

Question: Gabriel Dechaine - National Bank Financial, Inc., Research Division - Analyst : Well, could you tell me that my assumption that it's disproportionate contributor to profit, so it may be whatever, 15%, 20% of revenue, but in terms of earnings, it could be more than that because if I just look like at the loan mix, mortgages there a big chunk, but they're not that profitable.

Table Of Contents

Laurentian Bank of Canada Q4 2024 Earnings Call Transcript – 2024-12-06 – US$ 54.00 – Edited Transcript of LB.TO earnings conference call or presentation 6-Dec-24 2:00pm GMT

Laurentian Bank of Canada Q3 2024 Earnings Call Transcript – 2024-08-30 – US$ 54.00 – Edited Transcript of LB.TO earnings conference call or presentation 30-Aug-24 1:00pm GMT

Laurentian Bank of Canada Investor Day Transcript – 2024-05-31 – US$ 54.00 – Edited Transcript of LB.TO corporate analyst meeting</ 31-May-24 5:00pm GMT

Laurentian Bank of Canada at RBC Capital Markets Canadian Bank CEO Conference Transcript – 2024-01-09 – US$ 54.00 – Edited Transcript of LB.TO presentation 9-Jan-24 7:35pm GMT

Laurentian Bank of Canada Q4 2023 Earnings Call Transcript – 2023-12-07 – US$ 54.00 – Edited Transcript of LB.TO earnings conference call or presentation 7-Dec-23 2:00pm GMT

Laurentian Bank of Canada Q2 2023 Earnings Call Transcript – 2023-06-01 – US$ 54.00 – Edited Transcript of LB.TO earnings conference call or presentation 1-Jun-23 1:00pm GMT

Laurentian Bank of Canada at National Bank Financial Services Conference Transcript – 2023-03-29 – US$ 54.00 – Edited Transcript of LB.TO presentation 29-Mar-23 7:35pm GMT

Laurentian Bank of Canada Q1 2023 Earnings Call Transcript – 2023-02-28 – US$ 54.00 – Edited Transcript of LB.TO earnings conference call or presentation 28-Feb-23 2:15pm GMT

Laurentian Bank of Canada Foundation at Royal Bank of Canada Canadian Bank CEO Conference Transcript – 2023-01-09 – US$ 54.00 – Edited Transcript of LB.TO presentation 9-Jan-23 6:55pm GMT

Laurentian Bank of Canada Q4 2022 Earnings Call Transcript – 2022-12-09 – US$ 54.00 – Edited Transcript of LB.TO earnings conference call or presentation 9-Dec-22 2:00pm GMT

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MLA:
Thomson StreetEvents. "Laurentian Bank of Canada Q3 2023 Earnings Call Transcript" Aug 31, 2023. Alacra Store. Nov 06, 2026. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2023-Laurentian-Bank-of-Canada-Earnings-Call-T15668436>
  
APA:
Thomson StreetEvents. (2023). Laurentian Bank of Canada Q3 2023 Earnings Call Transcript Aug 31, 2023. New York, NY: Alacra Store. Retrieved Nov 06, 2026 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2023-Laurentian-Bank-of-Canada-Earnings-Call-T15668436>
  
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