01:34 PM EST, 03/03/2025 (MT Newswires) -- Laurentian Bank's adjusted earnings of $0.78 per share, beat BMO's $0.72 forecast. The beat was largely from higher net interest income of $186 million (up 7% q/q) as better NIM of 185bps (vs. BMO's 180bps).

PCLs came in as expected and were essentially flat y/y at 17bps, BMO noted.

Maintain Market Perform. Target trimmed to $30.

Price: 26.86, Change: +0.08, Percent Change: +0.30