Laurentian Bank Of Canada · TSX:LB
Laurentian Bank Of Canada — Investor Presentation (January 2021)
12 slides from Laurentian Bank Of Canada's investor presentation, January 2021
Slide 1: Investor Presentation January 2021
Investor Presentation January 2021 1
Slide 2: Caution Regarding Forward-Looking Statements
Caution Regarding Forward-Looking Statements We may, from time to time, make written or oral forward-looking statements within the meaning of applicable securities legislation, including in this document and the documents incorporated by reference herein, and in other documents filed with Canadian r
Slide 3: Laurentian Bank at a Glance – 2020 Highlights
Laurentian Bank at a Glance – 2020 Highlights $971.0 $114.1 $2.37 Revenue Net Income Diluted Earnings ($ millions) ($ millions) per Share o 7th largest Canadian bank2 $44.2 $138.2 $2.93 Total Assets Adjusted Net Income1 Adjusted Diluted ($ billions) ($ millions) Earnings per Share1 o 175 years stron
Slide 4: Well Diversified Operations
Well Diversified Operations Loan Portfolio Mix Geographic Footprint Multiple Funding Sources A good proportion of higher margin Loans across Canada and the Well-diversified funding sources commercial loans in the Bank mix United States to support our growth 33% 7% 13% 1% 19% 38% 9% 27% 2020 8% 2020
Slide 5: Solid Financial Foundation
Solid Financial Foundation A healthy capital position Good track record of strong credit quality Common Equity Tier 1 capital ratio (in %) Provision for credit losses (in bps) 78 9.6 9.0 9.0 8.0 7.9 36 37 35 30 31 11 11 12 13 2016 2017 2018 2019 2020 2016 2017 2018 2019 2020 LBCFG Major Canadian Ban
Slide 6: Charting a New Path Forward
Charting a New Path Forward New leadership committed to building the right team, with a formal search underway for a Head of Personal Banking and Chief Human Resources Officer RANIA LLEWELLYN KELSEY FRANÇOIS LAURIN WILLIAM (LIAM) ÉRIC PROVOST YVAN DESCHAMPS President and Chief GUNDERSON EVP, Finance
Slide 7: Laurentian Bank’s value proposition
Laurentian Bank’s value proposition Our core business lines Commercial Personal Capital Markets Setting us apart: Setting us apart - a three-pronged Setting us apart: • In-depth industry knowledge approach to personal banking: and expertise • Focused effort originating, • Deep and long-term client •
Slide 8: Establishing a new strategic process and direction…
Establishing a new strategic process and direction… 1 Conducting a thorough review of the Bank’s “Looking forward, I expect 2021 to be a operations and assessing key projects, year of challenges and opportunities, including all previously announced transformation- both at a macro level with the curr
Slide 9: …working toward Renewal and Growth
…working toward Renewal and Growth 1 Implementing a ‘Customer First’ culture, by “I believe one of our competitive advocating for customer centricity, simplifying advantages as an organization is our our end-to-end processes and truly owning the size relative to the big banks. As a mid- customer exp
Slide 10: Putting strategy into action
Putting strategy into action Improved operational efficiency by • Merging 20 branches in 2020 • Reduced headcount by approximately 100 people through attrition, retirement and targeted job reductions in order to realign our workforce with our operational needs Began conducting a thorough review of t
Slide 11: Investment Highlights
Investment Highlights 1 Healthy capital • CET 1 (standardized) at 9.6%, 260 bps above regulatory minimum requirement 2 Sound credit quality • Payment deferrals declined significantly to less than 1% of total loans • PCL in 2020 at 35 bps and continues to compare favourably to the Big 6 banks at 78 b
Slide 12: Investor Relations Contact
Investor Relations Contact Susan Cohen Director, Investor Relations (514) 970-0564 susan.cohen@lbcfg.ca 12
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