National Bank Financial Predicts TSE:LB FY2025 Earnings

Laurentian Bank of Canada (TSE:LB - Free Report) - Research analysts at National Bank Financial cut their FY2025 EPS estimates for shares of Laurentian Bank of Canada in a note issued to investors on Thursday, May 15th. National Bank Financial analyst G. Dechaine now anticipates that the company will earn $3.17 per share for the year, down from their previous forecast of $3.24. The consensus estimate for Laurentian Bank of Canada's current full-year earnings is $3.84 per share. National Bank Financial also issued estimates for Laurentian Bank of Canada's FY2026 earnings at $3.80 EPS.

Several other equities research analysts have also recently commented on LB. Raymond James dropped their target price on shares of Laurentian Bank of Canada from C$29.00 to C$27.00 in a research report on Monday, March 3rd. CIBC dropped their target price on shares of Laurentian Bank of Canada from C$31.00 to C$29.00 in a research report on Thursday. National Bankshares dropped their target price on shares of Laurentian Bank of Canada from C$27.00 to C$25.00 and set an "underperform" rating for the company in a research report on Thursday. Scotiabank dropped their target price on shares of Laurentian Bank of Canada from C$33.00 to C$28.00 and set a "sector perform" rating for the company in a research report on Thursday, February 20th. Finally, Jefferies Financial Group dropped their target price on shares of Laurentian Bank of Canada from C$29.00 to C$27.00 in a research report on Monday, April 21st. Three equities research analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of C$27.13.

Laurentian Bank of Canada Price Performance

LB traded up C$0.17 during trading on Monday, hitting C$28.17. 178,345 shares of the stock traded hands, compared to its average volume of 194,043. The firm has a market capitalization of C$1.24 billion, a P/E ratio of -224.68, a price-to-earnings-growth ratio of 0.76 and a beta of 1.25. The firm has a 50-day moving average of C$26.96 and a 200 day moving average of C$27.81. Laurentian Bank of Canada has a 12-month low of C$24.37 and a 12-month high of C$31.74.

Laurentian Bank of Canada Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, May 1st. Investors of record on Thursday, May 1st were paid a $0.47 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $1.88 annualized dividend and a dividend yield of 6.67%. Laurentian Bank of Canada's payout ratio is -1,499.45%.

Laurentian Bank of Canada Company Profile

Laurentian Bank of Canada provides personal banking, business banking and real estate and commercial financing to its personal, business, and institutional customers across Canada and the United States. The company reports three operating segments: personal, business services, and capital markets. The personal segment offers financial services to retail clients.