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:
Capitalization:- Market Cap: C$1.99 billion
- Outstanding Shares: 34,190,000
Average Prices:- 50 Day Moving Avg: C$55.03
- 200 Day Moving Avg: C$55.45
- 52 Week Range: C$48.29 - C$61.67
P/E:- Trailing P/E Ratio: 13.00
- P/E Growth: 1.74
Sales & Book Value:- Annual Revenue: C$925.91 million
- Price / Sales: 2.14
- Book Value: C$50.02 per share
- Price / Book: 1.16
Dividend:
Profitability:- Net Margins: 22.10%
- Return on Equity: 11.90%
- Return on Assets: 0.49%
Misc:- Average Volume: 122,411 shs.
- Short Ratio: 12.24
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 announced a quarterly dividend on Wednesday, August 30th. Stockholders of record on Monday, October 2nd will be paid a dividend of 0.62 per share on Wednesday, November 1st. This represents a $2.48 annualized dividend and a dividend yield of 4.27%. The ex-dividend date is Friday, September 29th. 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?
9 brokerages have issued 12 month price targets for Laurentian Bank of Canada's stock. Their predictions range from C$57.00 to C$63.00. On average, they anticipate Laurentian Bank of Canada's share price to reach C$58.90 in the next year. 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 Canadian Western Bank (CWB), National Bank of Greece (NBG), Australia and New Zealand Banking Group (ANZ), Bank of Queensland Limited (BOQ), Bendigo and Adelaide Bank Ltd (BEN), BNP Paribas SA (BNP), Commonwealth Bank of Australia (CBA), Intesa Sanpaolo SpA (ISP), KBC Groep NV (KBC), Mediobanca Group (MB), National Australia Bank (NAB), Societe Generale SA (GLE), Toronto-Dominion Bank (TD), UniCredit SpA (UCG), Unione di Banche Italiane SpA (UBI) and Westpac Banking Corp (WBC).
Who are Laurentian Bank of Canada's key executives?
Laurentian Bank of Canada's management team includes the folowing people:
- Isabelle Courville, Independent Chairman of the Board
- Francois Desjardins, President, Chief Executive Officer, Director
- Francois Laurin, Chief Financial Officer, Executive Vice President
- Deborah Rose, Executive Vice-President, Intermediary Banking and Chief Information Officer, Laurentian Bank, and President and Chief Executive Officer, B2B Bank
- Suzan Kudzman, Executive Vice-President, Chief Risk Officer and Corporate Affairs
- Stephane Therrien, Executive Vice-President, Personal & Commercial Banking, Laurentian Bank and President and Chief Executive Officer, LBC Financial Services
- Michel C. Trudeau, Executive Vice-President, Capital Markets, Laurentian Bank and President and Chief Executive Officer, Laurentian Bank Securities Inc.
- Lise Bastarache, Independent Director
- Sonia A. Baxendale, Independent Director
- Richard Belanger, Independent Director
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.
What is Laurentian Bank of Canada's stock price today?
One share of Laurentian Bank of Canada stock can currently be purchased for approximately C$58.07.
MarketBeat Community Rating for Laurentian Bank of Canada (TSE LB)MarketBeat's community ratings are surveys of what our community members think about Laurentian Bank of Canada and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Laurentian Bank of Canada (TSE:LB) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | 1 Sell Rating, 7 Hold Ratings, 1 Buy Rating |
| Consensus Rating: | Hold (Score: 2.00) |
| Consensus Price Target: | C$58.90 |
Analysts' Ratings History for Laurentian Bank of Canada (TSE:LB)
Show:
| Date | Firm | Action | Rating | Price Target | Details |
|---|
| 8/30/2017 | National Bank Financial | Boost Price Target | Sector Perform | C$58.00 -> C$59.00 |  |
| 8/30/2017 | Canaccord Genuity | Boost Price Target | Buy | C$61.00 -> C$63.00 | |
| 8/30/2017 | BMO Capital Markets | Boost Price Target | Market Perform | C$56.00 -> C$57.00 | |
| 8/21/2017 | Scotiabank | Reiterated Rating | Sector Perform | C$60.00 | |
| 8/11/2017 | Barclays PLC | Lower Price Target | | C$58.00 -> C$57.00 | |
| 6/1/2017 | Desjardins | Lower Price Target | Hold | C$58.00 -> C$57.00 | |
| 5/31/2017 | TD Securities | Lower Price Target | Hold | C$62.00 -> C$60.00 | |
| 5/31/2017 | Royal Bank Of Canada | Reiterated Rating | Sector Perform | C$57.00 | |
| 3/7/2017 | CIBC | Boost Price Target | | C$61.00 -> C$62.00 | |
| 1/17/2017 | CSFB | Boost Price Target | | C$52.00 -> C$57.00 | |
| 5/3/2016 | Credit Suisse Group | Boost Price Target | | C$50.00 -> C$52.00 | |
(Data available from 9/20/2015 forward)
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 |
|---|
| 12/5/2017 | | | | | | | | |
| 6/4/2014 | | C$1.22 | C$1.29 | C$214.13 million | C$216.89 million | View | N/A | |
| 12/11/2013 | Q4 | C$1.34 | C$1.07 | | | View | Listen | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Laurentian Bank of Canada (TSE:LB)2017 EPS Consensus Estimate: $5.81
2018 EPS Consensus Estimate: $6.41
| 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 | $1.41 | $1.57 | $1.49 |
| Q4 2017 | 5 | $1.37 | $1.62 | $1.51 |
| Q1 2018 | 2 | $1.51 | $1.61 | $1.56 |
| Q2 2018 | 2 | $1.44 | $1.54 | $1.49 |
| Q3 2018 | 1 | $1.67 | $1.67 | $1.67 |
| Q4 2018 | 1 | $1.69 | $1.69 | $1.69 |
(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 |
|---|
| 8/30/2017 | Quarterly | $0.62 | | 9/29/2017 | 10/2/2017 | 11/1/2017 |
| 6/29/2017 | Quarterly | $0.62 | 4.5% | 6/29/2017 | 8/1/2017 | 8/1/2017 |
| 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 |
|---|
 | BRIEF-Laurentian Bank announces redemption of series 2012-1 medium term notes
www.reuters.com - September 16 at 5:51 AM |
 | Laurentian Bank Announces Redemption of the Series 2012-1 Medium Term Notes
finance.yahoo.com - September 16 at 5:51 AM |
| ETFs with exposure to Laurentian Bank of Canada : September 6, 2017
finance.yahoo.com - September 6 at 1:51 AM |
 | Ex-Div Reminder for Laurentian Bank of Canada's Non-Cumulative Class A Preferred Shares, Series 11
www.nasdaq.com - September 5 at 3:48 PM |
| Laurentian Bank of Canada :LB-CA: Earnings Analysis: Q3, 2017 By the Numbers : August 31, 2017
finance.yahoo.com - September 1 at 2:14 AM |
| Laurentian Bank's President and CEO Francois Desjardins to speak at the 2017 Scotiabank Financials Summit
finance.yahoo.com - September 1 at 2:14 AM |
 | Laurentian Bank of Canada (LB) Plans $0.62 Quarterly Dividend
www.americanbankingnews.com - August 31 at 9:16 AM |
| Edited Transcript of LB.TO earnings conference call or presentation 29-Aug-17 7:30pm GMT
finance.yahoo.com - August 31 at 6:48 AM |
| Laurentian Bank of Canada breached its 50 day moving average in a Bullish Manner : LB-CA : August 30, 2017
finance.yahoo.com - August 31 at 6:48 AM |
| Laurentian Bank of Canada (LB) Price Target Raised to C$57.00
www.americanbankingnews.com - August 30 at 1:50 PM |
| Laurentian Bank of Canada (LB) Price Target Raised to C$59.00
www.americanbankingnews.com - August 30 at 1:50 PM |
| Canaccord Genuity Boosts Laurentian Bank of Canada (LB) Price Target to C$63.00
www.americanbankingnews.com - August 30 at 1:50 PM |
| Laurentian Bank of Canada (LB) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - August 30 at 7:22 AM |
 | Why Laurentian Bank of Canada Is up Over 1%
www.fool.ca - August 29 at 8:22 PM |
| Canada Stocks Close Near Flat As Titan Sectors Energy and Materials Clashed; Toromont FIoats Like a Butterfly on ... - Nasdaq
www.nasdaq.com - August 28 at 8:00 PM |
| REMINDER/Laurentian Bank to announce its third quarter results on August 29, 2017
finance.yahoo.com - August 25 at 7:51 AM |
| ETFs with exposure to Laurentian Bank of Canada : August 23, 2017
finance.yahoo.com - August 24 at 8:33 AM |
| Laurentian Bank of Canada (LB) Scheduled to Post Earnings on Tuesday
www.americanbankingnews.com - August 22 at 2:20 AM |
| Laurentian Bank of Canada (LB) Given a C$60.00 Price Target at Scotiabank
www.americanbankingnews.com - August 21 at 2:16 PM |
| Laurentian Bank of Canada : LB-CA: Dividend Analysis : July 04th, 2017 (record date) : By the numbers : August 16, 2017
finance.yahoo.com - August 17 at 1:25 AM |
| Laurentian Bank to announce its third quarter results on August 29, 2017
finance.yahoo.com - August 16 at 5:05 AM |
| Laurentian Bank of Canada Announces the Completion of its Acquisition of Northpoint Commercial Finance
finance.yahoo.com - August 15 at 12:59 AM |
| Laurentian Bank of Canada breached its 50 day moving average in a Bearish Manner : LB-CA : August 14, 2017
finance.yahoo.com - August 15 at 12:59 AM |
| Laurentian Bank of Canada (LB) Given New C$57.00 Price Target at Barclays PLC
www.americanbankingnews.com - August 11 at 10:22 PM |
| Laurentian Bank of Canada (TSE:LB) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - August 5 at 7:18 AM |
| Message following the passing of Jacques Daoust
finance.yahoo.com - August 3 at 11:51 PM |
| Evaluating Canada’s Regional Banks: Laurentian Bank of Canada
www.fool.ca - August 3 at 2:14 AM |
| Laurentian Bank of Canada :LB-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 2, 2017
finance.yahoo.com - August 3 at 2:14 AM |
| 3 Top Dividend Stocks for Beginner Investors
www.fool.ca - July 26 at 9:43 PM |
 | Laurentian Bank of Canada Increases Its Prime Rate - Benzinga
www.benzinga.com - July 13 at 6:18 AM |
| Laurentian Bank of Canada Increases Its Prime Rate
finance.yahoo.com - July 13 at 6:18 AM |
| Laurentian Bank of Canada (LB) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - July 11 at 7:50 AM |
| Laurentian Bank of Canada – Value Analysis (TORONTO:LB) : June 29, 2017
finance.yahoo.com - June 30 at 1:00 AM |
| Laurentian Bank of Canada breached its 50 day moving average in a Bullish Manner : LB-CA : June 28, 2017
finance.yahoo.com - June 28 at 7:51 PM |
| Laurentian Bank of Canada (LB) Plans Dividend Increase - $0.62 Per Share
www.americanbankingnews.com - June 28 at 6:24 PM |
| Laurentian Bank of Canada (LB) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - June 16 at 11:14 AM |
| BRIEF-Laurentian Bank Of Canada announces offering of subordinated notes
www.reuters.com - June 16 at 7:12 AM |
| Is Laurentian Bank of Canada a Buy at These Levels?
www.fool.ca - June 5 at 6:58 PM |
| FY2017 EPS Estimates for Laurentian Bank of Canada Raised by National Bank Financial (LB)
www.americanbankingnews.com - June 2 at 7:34 AM |
| Research Analysts Issue Forecasts for Laurentian Bank of Canada's Q3 2017 Earnings (LB)
www.americanbankingnews.com - June 2 at 7:18 AM |
| Laurentian Bank of Canada's Non-Cumulative Class A Preferred Shares, Series 11 Goes Ex-Dividend Soon
www.nasdaq.com - June 2 at 12:03 AM |
| National Bank Financial Research Analysts Boost Earnings Estimates for Laurentian Bank of Canada (LB)
www.americanbankingnews.com - June 1 at 11:20 AM |
| Laurentian Bank of Canada Expected to Earn Q3 2017 Earnings of $1.41 Per Share (LB)
www.americanbankingnews.com - June 1 at 8:16 AM |
| Laurentian Bank of Canada (LB) Given New C$60.00 Price Target at TD Securities
www.americanbankingnews.com - May 31 at 2:37 PM |
| Royal Bank of Canada Reiterates Sector Perform Rating for Laurentian Bank of Canada (LB)
www.americanbankingnews.com - May 31 at 11:56 AM |
| Laurentian Bank of Canada (LB) Earns "Hold" Rating from Desjardins
www.americanbankingnews.com - May 31 at 7:24 AM |
| Edited Transcript of LB.TO earnings conference call or presentation 30-May-17 7:30pm GMT
finance.yahoo.com - May 31 at 5:19 AM |
| Laurentian Bank reports second quarter 2017 results
finance.yahoo.com - May 30 at 10:17 AM |
| Laurentian Bank Increases the Dividend on Its Common Shares
finance.yahoo.com - May 30 at 10:17 AM |
| Laurentian Bank of Canada (LB) Price Target Cut to C$60.00
www.americanbankingnews.com - May 29 at 2:14 PM |
Laurentian Bank of Canada (LB) Chart for Wednesday, September, 20, 2017
