Laurentian Bank of Canada is a Canada-based Chartered bank. The Bank and its subsidiaries provide banking services to individuals, and small and medium-sized enterprises, as well as to independent advisors across Canada. It also operates as a full-service brokerage firm. The Bank's loan portfolio consists of personal loans, residential mortgage loans, commercial mortgage loans and commercial loans, including acceptances and finance lease receivables. The Bank offers financing products, such as Visa credit cards, Personal line of credit, Personal loan and Student loan. Its mortgage products include Homeowner's Kit, Equity line of credit, Mortgage with cashback, Variable-rate mortgage and Fixed-rate mortgage. Its investment products include, Fixed-rate investments, Indexed investments, Mutual funds, Registered plans and Bank securities. It also offers various personal banking services under categories, such as My Family, My Career, My Dream, My First Home, My Renovations and My Savings.
Industry, Sector and Symbol:
- Sector: N/A
- Industry: N/A
- Sub-Industry: N/A
- Symbol: TSE:LB
- CUSIP: N/A
- Web: N/A
Capitalization:- Market Cap: C$1.8 billion
- Outstanding Shares: 33,941,000
Average Prices:- 50 Day Moving Avg: C$56.44
- 200 Day Moving Avg: C$57.16
- 52 Week Range: C$47.67 - C$61.67
P/E:- Trailing P/E Ratio: 11.74
- P/E Growth: 2.03
Sales & Book Value:- Annual Revenue: C$897.53 million
- Price / Sales: 2.00
- Book Value: C$49.09 per share
- Price / Book: 1.08
Dividend:
Misc:- Average Volume: 143,308 shs.
- Short Ratio: 11.57
Frequently Asked Questions for Laurentian Bank of Canada (TSE:LB)
What is Laurentian Bank of Canada's stock symbol?
Laurentian Bank of Canada trades on the Tornton Stock Exchange (TSX) under the ticker symbol "LB."
How often does Laurentian Bank of Canada pay dividends? What is the dividend yield for Laurentian Bank of Canada?
Laurentian Bank of Canada declared a quarterly dividend on Thursday, March 30th. Shareholders of record on Monday, May 1st will be paid a dividend of 0.61 per share on Monday, May 1st. This represents a $2.44 annualized dividend and a yield of 4.60%. The ex-dividend date is Thursday, March 30th. View Laurentian Bank of Canada's Dividend History.
When will Laurentian Bank of Canada make its next earnings announcement?
Where is Laurentian Bank of Canada's stock going? Where will Laurentian Bank of Canada's stock price be in 2017?
8 equities research analysts have issued 12-month price targets for Laurentian Bank of Canada's stock. Their predictions range from C$56.00 to C$64.00. On average, they expect Laurentian Bank of Canada's stock price to reach C$59.70 in the next twelve months. View Analyst Ratings for Laurentian Bank of Canada.
Who are some of Laurentian Bank of Canada's key competitors?
Some companies that are related to Laurentian Bank of Canada include Stantec (STN), Toromont Industries Ltd (TIH), BRP (DOO), TransAlta Renewables (RNW), Yamana Gold (YRI), Pan American Silver Corp. (PAAS), New Flyer Industries (NFI), Ivanhoe Mines Ltd (IVN), Norbord (OSB), Eldorado Gold Corp (ELD), Cineplex (CGX), B2Gold Corp. (BTO), Detour Gold (DGC), Domtar Corp (UFS), Stella-Jones (SJ), Parkland Fuel Corp (PKI), FirstService Corp (FSV) and Genworth MI Canada (MIC).
How do I buy Laurentian Bank of Canada stock?
Shares of Laurentian Bank of Canada and other Canadian stocks can be purchased through online brokerage accounts that support trading on the Toronto Stock Exchange (TSX). Brokers that permit trading on the TSX include Fidelity, Interactive Brokers, PennTrade and Charles Schwab.
How much does a share of Laurentian Bank of Canada stock cost?
One share of Laurentian Bank of Canada stock can currently be purchased for approximately C$53.00.
Earnings History for Laurentian Bank of Canada (TSE:LB)Earnings History by Quarter for Laurentian Bank of Canada (TSE:LB)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 5/30/2017 | | | | | | | | |
| 6/4/2014 | | $1.22 | $1.29 | $214.13 million | $216.89 million | View | N/A |  |
| 12/11/2013 | Q4 | $1.34 | $1.07 | | | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Laurentian Bank of Canada (TSE:LB)2017 EPS Consensus Estimate: $5.86
2018 EPS Consensus Estimate: $6.44
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 5 | $1.40 | $1.45 | $1.43 |
| Q2 2017 | 5 | $1.34 | $1.45 | $1.38 |
| Q3 2017 | 4 | $1.48 | $1.54 | $1.51 |
| Q4 2017 | 5 | $1.48 | $1.62 | $1.55 |
| Q1 2018 | 1 | $1.58 | $1.58 | $1.58 |
| Q2 2018 | 1 | $1.51 | $1.51 | $1.51 |
| Q3 2018 | 1 | $1.65 | $1.65 | $1.65 |
| Q4 2018 | 1 | $1.70 | $1.70 | $1.70 |
(Data provided by Zacks Investment Research)
Dividend History by Quarter for Laurentian Bank of Canada (TSE:LB)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 3/30/2017 | Quarterly | $0.61 | 4.13% | 3/30/2017 | 5/1/2017 | 5/1/2017 |
| 12/29/2016 | Quarterly | $0.61 | 4.15% | 12/29/2016 | 2/1/2017 | 2/1/2017 |
| 9/29/2016 | Quarterly | $0.60 | 4.81% | 9/29/2016 | 11/1/2016 | 11/1/2016 |
| 6/29/2016 | Quarterly | $0.60 | 4.81% | 6/29/2016 | 8/1/2016 | 8/1/2016 |
| 3/30/2016 | Quarterly | $0.58 | 4.83% | 3/30/2016 | 5/1/2016 | 5/1/2016 |
| 12/30/2015 | Quarterly | $0.58 | 4.66% | 12/30/2015 | 2/1/2016 | 2/1/2016 |
| 9/29/2015 | Quarterly | $0.56 | 4.58% | 9/29/2015 | 11/1/2015 | 11/1/2015 |
| 6/3/2015 | Quarterly | $0.45 | 4.49% | 6/30/2015 | 7/2/2015 | 8/1/2015 |
| 2/26/2015 | Quarterly | $0.43 | 4.52% | 3/30/2015 | 4/1/2015 | 5/1/2015 |
| 12/10/2014 | quarterly | $0.54 | 4.26% | 12/30/2014 | 1/2/2015 | 2/1/2015 |
| 8/28/2014 | quarterly | $0.52 | 4.2% | 9/29/2014 | 10/1/2014 | 11/1/2014 |
| 6/4/2014 | quarterly | $0.52 | 4.12% | 6/30/2014 | 7/2/2014 | 8/1/2014 |
| 3/5/2014 | quarterly | $0.51 | 4.34% | 3/28/2014 | 4/1/2014 | 5/1/2014 |
| 12/11/2013 | | $0.48 | | 12/30/2013 | 1/2/2014 | 2/1/2014 |
| 12/11/2013 | quarterly | $0.51 | 4.33% | 12/30/2013 | 1/2/2014 | 2/1/2014 |
| 3/6/2013 | quarterly | $0.49 | | | 4/1/2013 | 5/1/2013 |
| 12/10/2012 | quarterly | $0.49 | | | 1/3/2013 | 2/1/2013 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for Laurentian Bank of Canada (TSE:LB)Insider Trades by Quarter for Laurentian Bank of Canada (TSE:LB)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 3/18/2016 | Fran�Ois Desjardins | Director | Buy | 1,000 | C$47.53 | C$47,530.00 | |
| 3/10/2015 | Jonathan I Wener | Director | Buy | 5,000 | C$47.85 | C$239,250.00 | |
(Data available from 1/1/2013 forward)
Headline Trends for Laurentian Bank of Canada (TSE:LB)
Latest Headlines for Laurentian Bank of Canada (TSE:LB)
| Source: |
|
| Date | Headline |
|---|
 | Bank of Canada leaves key rate unchanged, but ‘soft hawkish tilt’ emerges
www.theglobeandmail.com - May 24 at 6:17 PM |
 | Barclays PLC Upgrades Laurentian Bank of Canada (LB) to "Equal Weight"
www.americanbankingnews.com - May 23 at 2:30 PM |
 | REMINDER: Laurentian Bank to announce its 2nd quarter results on May 30, 2017
finance.yahoo.com - May 23 at 10:48 AM |
| Laurentian Bank of Canada (LB) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - May 22 at 8:02 AM |
 | BRIEF-Laurentian Bank of Canada says underwriters have agreed to buy 3.9 million subscription receipts
www.reuters.com - May 19 at 10:46 AM |
| Laurentian Bank of Canada Reaches Agreement to Acquire a Leading Inventory Finance Lender, Reinforcing Its Equipment Finance Business
finance.yahoo.com - May 19 at 10:46 AM |
| FY2018 EPS Estimates for Laurentian Bank of Canada Decreased by Cormark (LB)
www.americanbankingnews.com - May 18 at 2:26 PM |
| Q2 2017 EPS Estimates for Laurentian Bank of Canada Boosted by Analyst (LB)
www.americanbankingnews.com - May 17 at 7:34 AM |
| Laurentian Bank to announce its 2nd quarter results on May 30, 2017
finance.yahoo.com - May 15 at 5:42 PM |
| Laurentian Bank Donates $25,000 to the Canadian Red Cross to Support Those Impacted by Flooding
finance.yahoo.com - May 10 at 12:56 PM |
| Laurentian Bank of Canada (LB) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - April 25 at 1:20 PM |
| Laurentian Bank of Canada breached its 50 day moving average in a Bullish Manner : LB-CA : April 21, 2017
finance.yahoo.com - April 21 at 10:18 AM |
 | Income Investors: Is Laurentian Bank of Canada Worth Placing on Your Radar?
www.fool.ca - April 18 at 5:42 PM |
| Laurentian Bank Securities Holds its 4th Annual Institutional Investor Conference
finance.yahoo.com - April 7 at 10:46 AM |
| Laurentian Bank of Canada (LB) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - March 30 at 1:25 PM |
 | Laurentian Adds Advisers as Branches Turn to 'Clinics'
www.bloomberg.com - March 29 at 6:47 PM |
| Laurentian Bank of Canada (LB) to Issue C$0.61 Quarterly Dividend
www.americanbankingnews.com - March 29 at 6:43 PM |
 | Research Reports Initiated on Financials Stocks The Toronto-Dominion Bank, Atrium Mortgage Investment, Laurentian ... - Baystreet.ca
www.baystreet.ca - March 28 at 5:50 PM |
 | Laurentian Bank of Canada Named Top 25 Dividend Stock With 4.26% Yield (LB)
www.nasdaq.com - March 23 at 6:48 PM |
| Francois Laurin of Laurentian Bank to Speak at the National Bank Financial Markets Financial Services Conference
finance.yahoo.com - March 23 at 6:48 PM |
| Cervus Equipment Corp (CERV) Stock Rating Reaffirmed by Laurentian Bank of Canada
www.americanbankingnews.com - March 17 at 2:45 PM |
| Banks and Insurance Companies Announce Canadian Business Growth Fund of up to $1B
finance.yahoo.com - March 9 at 4:09 PM |
| Laurentian Bank of Canada's Non-Cumulative Class A Preferred Shares, Series 11 About To Put More Money In Your Pocket
www.nasdaq.com - March 1 at 5:54 PM |
| Laurentian Bank Announces Election of Directors
finance.yahoo.com - March 1 at 5:54 PM |
 | Laurentian Bank of Canada's (LRCDF) CEO François Desjardins on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - March 1 at 11:18 AM |
| Q1 2017 Laurentian Bank of Canada Earnings Release - Before Market Open
biz.yahoo.com - February 28 at 9:45 AM |
| Laurentian Bank reports first quarter 2017 results
finance.yahoo.com - February 28 at 9:45 AM |
| Laurentian Bank declares a dividend on its common shares
finance.yahoo.com - February 28 at 9:45 AM |
| Laurentian Bank of Canada declares CAD 0.61 dividend
seekingalpha.com - February 28 at 8:58 AM |
| REMINDER/Laurentian Bank to Announce First Quarter Results on February 28, 2017
finance.yahoo.com - February 24 at 7:28 PM |
| Laurentian Bank Declares Dividends on Its Preferred Shares
finance.yahoo.com - February 22 at 12:20 PM |
| A&W Food Services of Canada Inc. Announces a Bought Deal for a ... - Yahoo Finance
finance.yahoo.com - February 18 at 12:03 PM |
| Laurentian Bank to Announce First Quarter Results on February 28, 2017
finance.yahoo.com - February 14 at 7:42 PM |
| Enforcement Notice - Hearing - IN THE MATTER OF Laurentian Bank Securities Inc. - Settlement Hearing - Yahoo Finance
finance.yahoo.com - February 11 at 12:03 AM |
| Laurentian Bank Releases its Social Responsibility Report
finance.yahoo.com - February 7 at 7:32 PM |
| 2 Underrated Dividend-Growth Superstars That Deserve More Attention - The Motley Fool Canada
www.fool.ca - January 31 at 7:03 PM |
| Laurentian Bank proud partner of Ski Québec alpin
finance.yahoo.com - January 26 at 7:59 PM |
| Bank of Canada's Poloz to wait and watch for ‘things that go Trump in the night’
www.theglobeandmail.com - January 18 at 6:46 PM |
Laurentian Bank of Canada (LB) Chart for Wednesday, May, 24, 2017
