TSE:LB - Laurentian Bank of Canada Stock Price, News, & Analysis

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C$44.15 -0.36 (-0.81 %)
(As of 09/21/2018 04:00 PM ET)
Previous CloseC$44.51
Today's RangeC$44.04 - C$44.58
52-Week RangeC$42.16 - C$62.90
Volume435,214 shs
Average Volume291,676 shs
Market CapitalizationC$2.05 billion
P/E RatioN/A
Dividend Yield5.75%
Beta0.45
Laurentian Bank of Canada logoLaurentian Bank of Canada, together with its subsidiaries, provides banking services to individuals, small and medium-sized enterprises, and independent advisors in Canada and the United States. It operates through four segments: Retail Services, Business Services, B2B Bank, and Capital Markets. The company offers transactional products and current accounts, term deposits, and investment accounts; personal line of credit, personal loans, student loans, and registered retirement savings plans; financing for agriculture, real estate, and commercial industries, as well as small and medium-sized enterprises; mortgage solutions, such as variable-rate mortgage, fixed-rate mortgage, equity line of credit, mortgage insurance, and retirement line of credit; and credit and business cards, as well as equipment finance and leasing solutions. It also provides investment products, including fixed-rate investments, indexed investments, mutual funds, systematic savings plans, retirement projection plans, registered plans, bank securities, deposit-insurance, and power-of-attorneys; short-term and long-term investment solutions; and guaranteed investment certificates, as well as offers credit insurance products. In addition, the company offers advising services in the areas of portfolio management, personal finances management, and financial planning; securities brokerage services; and foreign trade services, as well as cash management and international services. Laurentian Bank of Canada was founded in 1846 and is headquartered in Montréal, Canada.

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Industry, Sector and Symbol

Stock Exchange TSE
Industry Banks - Regional - Canada
Sub-IndustryN/A
SectorFinancial Services
SymbolTSE:LB
CUSIPN/A
Phone+1-514-2844500

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins21.88%
Return on Equity11.79%
Return on Assets0.51%

Miscellaneous

EmployeesN/A
Outstanding Shares41,842,000
Market CapC$2.05 billion

Laurentian Bank of Canada (TSE:LB) Frequently Asked Questions

What is Laurentian Bank of Canada's stock symbol?

Laurentian Bank of Canada trades on the Toronto 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 Tuesday, September 4th. Investors of record on Monday, October 1st will be paid a dividend of 0.64 per share on Thursday, November 1st. This represents a $2.56 dividend on an annualized basis and a dividend yield of 5.80%. The ex-dividend date of this dividend is Friday, September 28th. View Laurentian Bank of Canada's Dividend History.

How were Laurentian Bank of Canada's earnings last quarter?

Laurentian Bank of Canada (TSE:LB) posted its quarterly earnings data on Tuesday, September, 4th. The company reported $1.34 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.47 by $0.13. The firm earned $260.66 million during the quarter, compared to analyst estimates of $267.51 million. Laurentian Bank of Canada had a return on equity of 11.79% and a net margin of 21.88%. View Laurentian Bank of Canada's Earnings History.

When is Laurentian Bank of Canada's next earnings date?

Laurentian Bank of Canada is scheduled to release their next quarterly earnings announcement on Tuesday, December, 4th 2018. View Earnings Estimates for Laurentian Bank of Canada.

What price target have analysts set for LB?

8 Wall Street analysts have issued 12-month target prices for Laurentian Bank of Canada's stock. Their forecasts range from C$45.00 to C$57.00. On average, they expect Laurentian Bank of Canada's share price to reach C$50.91 in the next twelve months. This suggests a possible upside of 15.3% from the stock's current price. View Analyst Price Targets for Laurentian Bank of Canada.

What is the consensus analysts' recommendation for Laurentian Bank of Canada?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Laurentian Bank of Canada in the last year. There are currently 1 sell rating, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Laurentian Bank of Canada.

Who are some of Laurentian Bank of Canada's key competitors?

Who are Laurentian Bank of Canada's key executives?

Laurentian Bank of Canada's management team includes the folowing people:
  • Mr. François Desjardins, Pres, CEO & Director (Age 47)
  • Mr. François Laurin C.F.A., F.C.A., FCPA, FCA, CFA, CA, Exec. VP of Fin., Treasury, Capital Markets & CFO (Age 58)
  • Ms. Deborah Rose, COO & Exec. VP
  • Mr. Stéphane Therrien, Exec. VP of Personal & Commercial Banking
  • Nathalie Généreux, Sr. VP of Operations and Expert Services

Has Laurentian Bank of Canada been receiving favorable news coverage?

Media stories about LB stock have been trending somewhat positive on Saturday, according to Accern. The research group scores the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Laurentian Bank of Canada earned a media and rumor sentiment score of 0.18 on Accern's scale. They also assigned media headlines about the company an impact score of 46.57 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next few days. View Recent Headlines for Laurentian Bank of Canada.

How do I buy shares of Laurentian Bank of Canada?

Shares of LB 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 LB stock can currently be purchased for approximately C$44.15.

How big of a company is Laurentian Bank of Canada?

Laurentian Bank of Canada has a market capitalization of C$2.05 billion.

How can I contact Laurentian Bank of Canada?

Laurentian Bank of Canada's mailing address is Tour Banque Laurentienne 1420-1981 McGill College Ave, MONTREAL, QC H3A 3K3, Canada. The company can be reached via phone at +1-514-2844500.


MarketBeat Community Rating for Laurentian Bank of Canada (TSE LB)

Community Ranking:  1.3 out of 5 (star)
Outperform Votes:  196 (Vote Outperform)
Underperform Votes:  536 (Vote Underperform)
Total Votes:  732
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 LB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 9/22/2018 by MarketBeat.com Staff

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