Stocks in play: Laurentian Bank Financial Group
Reported net income of $44.8 million and diluted earnings per share of $0.96 for the first quarter of 2021, compared with $32.2 million and $0.68 for the first quarter of 2020. Return on common shareholders' equity was 7.1% for the first quarter of 2021, compared with 5.0% for the first quarter of 2020. On an adjusted basis, net income was $47.6 million and diluted earnings per share were $1.03 for the first quarter of 2021, up from $36.9 million and $0.79 for the first quarter of 2020. Laurentian Bank Financial Group shares T.LB are trading up $2.46 at $38.99.
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