Richard Belanger - Laurentian Bank Independent Director

LB Stock  CAD 25.73  0.31  1.22%   

Director

Mr. Richard Belanger, FCPA, FCA, is no longer a Independent Director of Laurentian Bank Of Canada effective April 10, 2018. He is the President of Toryvel Group Inc., a holding company with investments mostly in the natural resources sector. He is a professional chartered accountant since 1980, Richard Blanger was awarded the designation Fellow and the Prix mrite by the Ordre des comptables professionnels agrs du Qubec in 2004. He is Director and President of Toryvel Group Inc. and Doryfor Inc., a transportation company, Director and President of Quebec City Executive Terminal Inc., and the general partner of Terminal 611 LP, a company operating an airport terminal. He is also a Director and member of the Audit Committee of Optosecurity Inc., a development and marketing corporation specializing in software solutions for the protection of physical infrastructures.
Age 58
Professional MarksCPA
Address 1360 RenE-LEvesque Blvd West, Montreal, QC, Canada, H3G 0E5
Phone800 522 1846
Webhttps://www.laurentianbank.ca
Bélanger is a member of the Board of Directors and Audit Committee of the Bank since March 20, 2003 and Chairman of the Audit Committee since March 7, 2006. He is also a member of the Risk Management Committee.

Laurentian Bank Management Efficiency

At this time, Laurentian Bank's Return On Tangible Assets are very stable compared to the past year. As of the 18th of April 2024, Return On Assets is likely to grow to 0, while Return On Capital Employed is likely to drop 0. At this time, Laurentian Bank's Total Current Assets are very stable compared to the past year. As of the 18th of April 2024, Return On Tangible Assets is likely to grow to 0, while Total Assets are likely to drop about 31.1 B. Laurentian Bank's management efficiency ratios could be used to measure how well Laurentian Bank manages its routine affairs as well as how well it operates its assets and liabilities.
The company has accumulated 15.04 B in total debt with debt to equity ratio (D/E) of 3.77, implying the company greatly relies on financing operations through barrowing. Debt can assist Laurentian Bank until it has trouble settling it off, either with new capital or with free cash flow. So, Laurentian Bank's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Laurentian Bank sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Laurentian to invest in growth at high rates of return. When we think about Laurentian Bank's use of debt, we should always consider it together with cash and equity.
Laurentian Bank of Canada, together with its subsidiaries, provides various banking services to individuals, small and medium-sized enterprises, and institutional customers in Canada and the United States. Laurentian Bank of Canada was founded in 1846 and is headquartered in Montral, Canada. LAURENTIAN BANK operates under BanksRegional classification in Canada and is traded on Toronto Stock Exchange. It employs 2900 people. Laurentian Bank (LB) is traded on Toronto Exchange in Canada and employs 3,000 people. Laurentian Bank is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Laurentian Bank Leadership Team

Elected by the shareholders, the Laurentian Bank's board of directors comprises two types of representatives: Laurentian Bank inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Laurentian. The board's role is to monitor Laurentian Bank's management team and ensure that shareholders' interests are well served. Laurentian Bank's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Laurentian Bank's outside directors are responsible for providing unbiased perspectives on the board's policies.
Craig Backman, Executive Vice President - Personal Digital Banking, President and Chief Executive Officer - B2B Bank
Sebastien Belair, Executive COO
Sonia Baxendale, Independent Director
Michelle Savoy, Independent Director
Adam Swinemar, Senior Banking
Gordon Campbell, Independent Director
Kelsey Gunderson, Executive Vice President, Capital Markets and President and Chief Executive Officer of Laurentian Bank Securities
Susan Jenah, Independent Director
Louise Bergeron, Vice-President Executive Office
David Morris, Independent Director
Lise Bastarache, Independent Director
Jonathan Wener, Independent Director
Rania Llewellyn, CEO Pres
Andrew Chornenky, Vice Relations
Merick Seguin, Senior Relations
Deborah Rose, Executive Vice President, Chief Operating Officer, Chief Information Officer
Pierre Genest, Independent Director
Thierry Langevin, Executive Banking
Michael Boychuk, Independent Director
Andr Lopresti, VP Accountant
Bindu Cudjoe, Chief Sec
Michel Labonte, Independent Director
Suzan Kudzman, Executive Vice-President Chief Risk Officer and Corporate Affairs
Michel Lavigne, Independent Director
A Lavigne, Independent Director
Yves Denomme, Ex Operations
Susan Kudzman, Executive Vice-President Chief Risk Officer and Corporate Affairs
Sophie Boucher, Senior Enterprises
David Mowat, Independent Director
Michael Mueller, Independent Chairman of the Board
William Mason, Executive Vice President Chief Risk Officer
Francois Laurin, Chief Financial Officer, Executive Vice-President - Finance, Treasury, Capital Markets
Jean Bazin, Independent Director
Eric Provost, CEO President
Susan Cohen, Director Relations
Benoit Bertrand, Chief Officer
Richard Belanger, Independent Director
Francois Desjardins, President, Chief Executive Officer, Non-independent Director
Michel Trudeau, Executive Vice-President, Capital Markets, Laurentian Bank and President and Chief Executive Officer, Laurentian Bank Securities Inc.
Macha Pohu, Chief Officer
Andrea Bolger, Independent Director
Liam Mason, Executive Vice President Chief Risk Officer
CGA CPA, Executive CFO
Isabelle Courville, Chairwoman of the Board
Stephane Therrien, Executive Vice-President - Personal & Commercial Banking, Laurentian Bank and President and Chief Executive Officer - LBC Financial Services
Jacqueline Orange, Independent Director

Laurentian Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Laurentian Bank a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Laurentian Bank in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Laurentian Bank's short interest history, or implied volatility extrapolated from Laurentian Bank options trading.

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Laurentian Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Complementary Tools for Laurentian Stock analysis

When running Laurentian Bank's price analysis, check to measure Laurentian Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Laurentian Bank is operating at the current time. Most of Laurentian Bank's value examination focuses on studying past and present price action to predict the probability of Laurentian Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Laurentian Bank's price. Additionally, you may evaluate how the addition of Laurentian Bank to your portfolios can decrease your overall portfolio volatility.
Portfolio Holdings
Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
Positions Ratings
Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Theme Ratings
Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
AI Investment Finder
Use AI to screen and filter profitable investment opportunities
Please note, there is a significant difference between Laurentian Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Laurentian Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Laurentian Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.