Laurentian Bank of Canada Company Profile (TSE:LB)

About Laurentian Bank of Canada (TSE:LB)

Laurentian Bank of Canada logoLaurentian 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:
  • Dividend Yield: 4.6%
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?

Laurentian Bank of Canada is scheduled to release their next quarterly earnings announcement on Tuesday, May, 30th 2017. View Earnings Estimates for Laurentian Bank of Canada.

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?

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.

Analyst Ratings

Consensus Ratings for Laurentian Bank of Canada (TSE:LB) (?)
Ratings Breakdown: 1 Sell Rating, 6 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: C$59.70

Analysts' Ratings History for Laurentian Bank of Canada (TSE:LB)
Show:
DateFirmActionRatingPrice TargetDetails
5/23/2017Barclays PLCUpgradeUnderweight -> Equal WeightView Rating Details
3/7/2017CIBCBoost Price TargetC$61.00 -> C$62.00View Rating Details
3/3/2017ScotiabankReiterated RatingSector PerformC$64.00View Rating Details
3/1/2017TD SecuritiesLower Price TargetHoldC$65.00 -> C$61.00View Rating Details
3/1/2017National Bank FinancialLower Price TargetC$64.00 -> C$61.00View Rating Details
1/17/2017CSFBBoost Price TargetC$52.00 -> C$57.00View Rating Details
1/13/2017Canaccord GenuityBoost Price TargetC$58.00 -> C$62.00View Rating Details
12/21/2016DesjardinsBoost Price TargetC$56.00 -> C$58.00View Rating Details
12/7/2016BMO Capital MarketsBoost Price TargetC$52.00 -> C$56.00View Rating Details
12/7/2016Royal Bank of CanadaBoost Price TargetSector PerformC$52.00 -> C$57.00View Rating Details
5/3/2016Credit Suisse Group AGBoost Price TargetC$50.00 -> C$52.00View Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for Laurentian Bank of Canada (TSE:LB)
Earnings by Quarter for Laurentian Bank of Canada (TSE:LB)
Earnings History by Quarter for Laurentian Bank of Canada (TSE:LB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/30/2017        
6/4/2014$1.22$1.29$214.13 million$216.89 millionViewN/AView Earnings Details
12/11/2013Q4$1.34$1.07ViewListenView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Laurentian Bank of Canada (TSE:LB)
2017 EPS Consensus Estimate: $5.86
2018 EPS Consensus Estimate: $6.44
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20175$1.40$1.45$1.43
Q2 20175$1.34$1.45$1.38
Q3 20174$1.48$1.54$1.51
Q4 20175$1.48$1.62$1.55
Q1 20181$1.58$1.58$1.58
Q2 20181$1.51$1.51$1.51
Q3 20181$1.65$1.65$1.65
Q4 20181$1.70$1.70$1.70
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Laurentian Bank of Canada (TSE:LB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
3/30/2017Quarterly$0.614.13%3/30/20175/1/20175/1/2017
12/29/2016Quarterly$0.614.15%12/29/20162/1/20172/1/2017
9/29/2016Quarterly$0.604.81%9/29/201611/1/201611/1/2016
6/29/2016Quarterly$0.604.81%6/29/20168/1/20168/1/2016
3/30/2016Quarterly$0.584.83%3/30/20165/1/20165/1/2016
12/30/2015Quarterly$0.584.66%12/30/20152/1/20162/1/2016
9/29/2015Quarterly$0.564.58%9/29/201511/1/201511/1/2015
6/3/2015Quarterly$0.454.49%6/30/20157/2/20158/1/2015
2/26/2015Quarterly$0.434.52%3/30/20154/1/20155/1/2015
12/10/2014quarterly$0.544.26%12/30/20141/2/20152/1/2015
8/28/2014quarterly$0.524.2%9/29/201410/1/201411/1/2014
6/4/2014quarterly$0.524.12%6/30/20147/2/20148/1/2014
3/5/2014quarterly$0.514.34%3/28/20144/1/20145/1/2014
12/11/2013$0.4812/30/20131/2/20142/1/2014
12/11/2013quarterly$0.514.33%12/30/20131/2/20142/1/2014
3/6/2013quarterly$0.494/1/20135/1/2013
12/10/2012quarterly$0.491/3/20132/1/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Laurentian Bank of Canada (TSE:LB)
Insider Trades by Quarter for Laurentian Bank of Canada (TSE:LB)
Insider Trades by Quarter for Laurentian Bank of Canada (TSE:LB)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/18/2016Fran�Ois DesjardinsDirectorBuy1,000C$47.53C$47,530.00
3/10/2015Jonathan I WenerDirectorBuy5,000C$47.85C$239,250.00
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Laurentian Bank of Canada (TSE:LB)
Latest Headlines for Laurentian Bank of Canada (TSE:LB)
Source:
DateHeadline
theglobeandmail.com logoBank of Canada leaves key rate unchanged, but ‘soft hawkish tilt’ emerges
www.theglobeandmail.com - May 24 at 6:17 PM
americanbankingnews.com logoBarclays PLC Upgrades Laurentian Bank of Canada (LB) to "Equal Weight"
www.americanbankingnews.com - May 23 at 2:30 PM
finance.yahoo.com logoREMINDER: Laurentian Bank to announce its 2nd quarter results on May 30, 2017
finance.yahoo.com - May 23 at 10:48 AM
americanbankingnews.com logoLaurentian Bank of Canada (LB) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - May 22 at 8:02 AM
reuters.com logoBRIEF-Laurentian Bank of Canada says underwriters have agreed to buy 3.9 million subscription receipts
www.reuters.com - May 19 at 10:46 AM
finance.yahoo.com logoLaurentian 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
americanbankingnews.com logoFY2018 EPS Estimates for Laurentian Bank of Canada Decreased by Cormark (LB)
www.americanbankingnews.com - May 18 at 2:26 PM
americanbankingnews.com logoQ2 2017 EPS Estimates for Laurentian Bank of Canada Boosted by Analyst (LB)
www.americanbankingnews.com - May 17 at 7:34 AM
finance.yahoo.com logoLaurentian Bank to announce its 2nd quarter results on May 30, 2017
finance.yahoo.com - May 15 at 5:42 PM
finance.yahoo.com logoLaurentian Bank Donates $25,000 to the Canadian Red Cross to Support Those Impacted by Flooding
finance.yahoo.com - May 10 at 12:56 PM
americanbankingnews.com logoLaurentian Bank of Canada (LB) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - April 25 at 1:20 PM
finance.yahoo.com logoLaurentian 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
fool.ca logoIncome Investors: Is Laurentian Bank of Canada Worth Placing on Your Radar?
www.fool.ca - April 18 at 5:42 PM
finance.yahoo.com logoLaurentian Bank Securities Holds its 4th Annual Institutional Investor Conference
finance.yahoo.com - April 7 at 10:46 AM
americanbankingnews.com logoLaurentian Bank of Canada (LB) Given Average Rating of "Hold" by Analysts
www.americanbankingnews.com - March 30 at 1:25 PM
bloomberg.com logoLaurentian Adds Advisers as Branches Turn to 'Clinics'
www.bloomberg.com - March 29 at 6:47 PM
americanbankingnews.com logoLaurentian Bank of Canada (LB) to Issue C$0.61 Quarterly Dividend
www.americanbankingnews.com - March 29 at 6:43 PM
baystreet.ca logoResearch Reports Initiated on Financials Stocks The Toronto-Dominion Bank, Atrium Mortgage Investment, Laurentian ... - Baystreet.ca
www.baystreet.ca - March 28 at 5:50 PM
nasdaq.com logoLaurentian Bank of Canada Named Top 25 Dividend Stock With 4.26% Yield (LB)
www.nasdaq.com - March 23 at 6:48 PM
finance.yahoo.com logoFrancois Laurin of Laurentian Bank to Speak at the National Bank Financial Markets Financial Services Conference
finance.yahoo.com - March 23 at 6:48 PM
americanbankingnews.com logoCervus Equipment Corp (CERV) Stock Rating Reaffirmed by Laurentian Bank of Canada
www.americanbankingnews.com - March 17 at 2:45 PM
finance.yahoo.com logoBanks and Insurance Companies Announce Canadian Business Growth Fund of up to $1B
finance.yahoo.com - March 9 at 4:09 PM
nasdaq.com logoLaurentian 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
finance.yahoo.com logoLaurentian Bank Announces Election of Directors
finance.yahoo.com - March 1 at 5:54 PM
seekingalpha.com logoLaurentian Bank of Canada's (LRCDF) CEO François Desjardins on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - March 1 at 11:18 AM
biz.yahoo.com logoQ1 2017 Laurentian Bank of Canada Earnings Release - Before Market Open
biz.yahoo.com - February 28 at 9:45 AM
finance.yahoo.com logoLaurentian Bank reports first quarter 2017 results
finance.yahoo.com - February 28 at 9:45 AM
finance.yahoo.com logoLaurentian Bank declares a dividend on its common shares
finance.yahoo.com - February 28 at 9:45 AM
seekingalpha.com logoLaurentian Bank of Canada declares CAD 0.61 dividend
seekingalpha.com - February 28 at 8:58 AM
finance.yahoo.com logoREMINDER/Laurentian Bank to Announce First Quarter Results on February 28, 2017
finance.yahoo.com - February 24 at 7:28 PM
finance.yahoo.com logoLaurentian Bank Declares Dividends on Its Preferred Shares
finance.yahoo.com - February 22 at 12:20 PM
finance.yahoo.com logoA&W Food Services of Canada Inc. Announces a Bought Deal for a ... - Yahoo Finance
finance.yahoo.com - February 18 at 12:03 PM
finance.yahoo.com logoLaurentian Bank to Announce First Quarter Results on February 28, 2017
finance.yahoo.com - February 14 at 7:42 PM
finance.yahoo.com logoEnforcement Notice - Hearing - IN THE MATTER OF Laurentian Bank Securities Inc. - Settlement Hearing - Yahoo Finance
finance.yahoo.com - February 11 at 12:03 AM
finance.yahoo.com logoLaurentian Bank Releases its Social Responsibility Report
finance.yahoo.com - February 7 at 7:32 PM
fool.ca logo2 Underrated Dividend-Growth Superstars That Deserve More Attention - The Motley Fool Canada
www.fool.ca - January 31 at 7:03 PM
finance.yahoo.com logoLaurentian Bank proud partner of Ski Québec alpin
finance.yahoo.com - January 26 at 7:59 PM
theglobeandmail.com logoBank 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

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Chart

Laurentian Bank of Canada (LB) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff