Michael Mueller - Laurentian Bank Independent Chairman of the Board
| LB Stock | CAD 29.65 0.15 0.51% |
Chairman
Mr. Michael P. Mueller is Chairman of the Board of the company. Mr. Mueller joined the Bank as Vice Chair of the Board in December 2018 and he is a senior corporate director who has a strong track record. Mr. Mueller was the Chairman of PSP Investments until January 2018. Mr. Mueller is currently Chairman of Revera and Mercal Capital Corporationrationration. He is also on the board of Medexus Pharmaceuticals, Gensource Potash Corporationration, Smarter Alloys Inc. and Emily House. From 2003 to 2005, he was President and Chief Executive Officer of MDS Capital Corporationrationration. Prior to that, Mr. Mueller held a series of senior positions at TD Bank Financial Group, including Senior Vice President and Country Head of its USA Division, Executive Vice President of Global Credit and Vice Chairman and head of Global Investment Banking. Mr. Mueller is a former director of MDS Capital Corporationrationration, the Canadian Medical Discoveries Funds I and II, the British Columbia Medical Innovations Fund and Medical Discoveries Management Corporation and Health Ventures. since 2019.
| Age | 59 |
| Tenure | 5 years |
| Address | 1360 RenE-LEvesque Blvd West, Montreal, QC, Canada, H3G 0E5 |
| Phone | 800 522 1846 |
| Web | https://www.laurentianbank.ca |
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 29th of November 2024, Return On Assets is likely to grow to 0, while Return On Capital Employed is likely to drop 0.01. At this time, Laurentian Bank's Asset Turnover is very stable compared to the past year. 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.Management Performance
| Return On Equity | -0.0055 | |||
| Return On Asset | -3.0E-4 |
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.
| Sebastien Belair, Executive COO | ||
| Sonia Baxendale, Independent Director | ||
| Michelle Savoy, Independent Director | ||
| Adam Swinemar, Senior Banking | ||
| Kelsey Gunderson, Executive Vice President, Capital Markets and President and Chief Executive Officer of Laurentian Bank Securities | ||
| Susan Jenah, Independent Director | ||
| MarieChristine Custeau, payments experience | ||
| David Morris, Independent Director | ||
| Lise Bastarache, 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 | ||
| Thierry Langevin, Executive Banking | ||
| Michael Boychuk, Independent Director | ||
| Andr Lopresti, VP Accountant | ||
| Bindu Cudjoe, Chief Sec | ||
| Yves Denomme, Ex Operations | ||
| Brian Doyle, Acting Markets | ||
| 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 | ||
| Eric Provost, CEO President | ||
| MBA LLB, Executive Officer | ||
| Susan Cohen, Director Relations | ||
| Benoit Bertrand, Chief Officer | ||
| Francois Desjardins, President, Chief Executive Officer, Non-independent Director | ||
| Macha Pohu, Chief Officer | ||
| Raphael Ambeault, Investor Officer | ||
| Andrea Bolger, Independent Director | ||
| CGA CPA, Executive CFO | ||
| Stephane Therrien, Executive Vice-President - Personal & Commercial Banking, Laurentian Bank and President and Chief Executive Officer - LBC Financial Services |
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.
| Return On Equity | -0.0055 | |||
| Return On Asset | -3.0E-4 | |||
| Profit Margin | (0.02) % | |||
| Operating Margin | 0.20 % | |||
| Current Valuation | 10.97 B | |||
| Shares Outstanding | 43.92 M | |||
| Shares Owned By Institutions | 23.54 % | |||
| Number Of Shares Shorted | 2.36 M | |||
| Price To Earning | 11.37 X | |||
| Price To Book | 0.48 X |
Pair Trading with Laurentian Bank
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Laurentian Bank position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Laurentian Bank will appreciate offsetting losses from the drop in the long position's value.Moving together with Laurentian Stock
Moving against Laurentian Stock
The ability to find closely correlated positions to Laurentian Bank could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Laurentian Bank when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Laurentian Bank - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Laurentian Bank to buy it.
The correlation of Laurentian Bank is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Laurentian Bank moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Laurentian Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Laurentian Bank can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Laurentian Stock
Laurentian Bank financial ratios help investors to determine whether Laurentian Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Laurentian with respect to the benefits of owning Laurentian Bank security.