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Fairstone Bank acquires Laurentian Bank

PRIVATENov 02, 2026

Acquiring Company

Fairstone Bank of Canada

Acquired Company

Laurentian Bank

CanadaCanadaFinancial ServicesFinanceFintechLendingBankingFinancial Services

Description

Laurentian Bank of Canada, National Bank of Canada and Fairstone Bank of Canada announced the completion of two transactions. Fairstone Bank acquired all common shares of Laurentian Bank for $40.50 per share in cash, while National Bank acquired Laurentian's retail and SME banking portfolios.

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Company Information

Company

Fairstone Bank of Canada

Location

Canada

About

Fairstone Bank of Canada is a financial institution specializing in personal loans and financing solutions. The bank focuses on providing accessible credit options to consumers. It aims to help individuals achieve their financial goals through tailored products and services.

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Frequently asked

Who acquired Laurentian Bank?

Laurentian Bank was acquired by Fairstone Bank of Canada, based in Canada. The deal was reported on November 2, 2026. Fairstone Bank of Canada is a financial institution specializing in personal loans and financing solutions. The bank focuses on providing accessible credit options to consumers. Fairstone Bank of Canada is privately held and operates in Financial Services.

When did Fairstone Bank of Canada acquire Laurentian Bank?

Fairstone Bank of Canada's acquisition of Laurentian Bank was reported on November 2, 2026. Laurentian Bank of Canada, National Bank of Canada and Fairstone Bank of Canada announced the completion of two transactions. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Laurentian Bank do?

When you receive your new Visa* credit card from Laurentian Bank, activate it online and immediately benefit from all its advantages. It is privately held, operating in Financial Services, and is based in Canada.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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