Laurentian Bank of Canada Company Profile (TSE:LB)

About Laurentian Bank of Canada

Laurentian Bank of Canada logoLaurentian Bank of Canada is a Canada-based chartered bank. The Bank, through its subsidiaries, provides banking services to individuals, and small and medium-sized enterprises, as well as to independent advisors, and operates as a full-service brokerage firm. It operates through three business segments: Personal & Commercial, B2B Bank, and Laurentian Bank Securities & Capital Markets. The Personal & Commercial segment caters to the financial needs of business clients across Canada and retail clients in Quebec. The Bank serves retail clients through a network of branches and automatic teller machines (ATMs), providing savings, investment and financing products. The B2B Bank segment supplies banking and financial products to independent financial advisors and non-bank financial institutions across Canada. The Laurentian Bank Securities & Capital Markets segment consists of its subsidiary, Laurentian Bank Securities Inc., a full-service broker, and its capital market activities.

Industry, Sector and Symbol:
  • Sector: N/A
  • Industry: N/A
  • Sub-Industry: N/A
  • Exchange: TSE
  • Symbol: LB
  • CUSIP:
Key Metrics:
  • Previous Close: $49.14
  • 50 Day Moving Average: $48.55
  • 200 Day Moving Average: $48.71
  • Trailing P/E Ratio: 13.90
  • P/E Growth: 3.80
  • Market Cap: $1.49B
  • Outstanding Shares: 30,392,000
Additional Links:

Analyst Ratings

Consensus Ratings for Laurentian Bank of Canada (TSE:LB) (?)
Ratings Breakdown: 1 Sell Rating, 5 Hold Ratings
Consensus Rating:Hold (Score: 1.83)
Consensus Price Target: C$51.50

Analysts' Ratings History for Laurentian Bank of Canada (TSE:LB)
Show:
DateFirmActionRatingPrice TargetDetails
8/19/2016ScotiabankDowngradeSector Outperform -> Sector PerformView Rating Details
7/20/2016DesjardinsReiterated RatingHoldView Rating Details
7/21/2016Royal Bank Of CanadaReiterated RatingSector PerformC$52.00View Rating Details
6/10/2016TD SecuritiesReiterated RatingHoldC$52.00View Rating Details
6/2/2016CIBCBoost Price TargetC$51.00 -> C$52.00View Rating Details
6/2/2016Barclays PLCReiterated RatingUnderweightC$49.00View Rating Details
5/3/2016CSFBBoost Price TargetC$50.00 -> C$52.00View Rating Details
5/3/2016Credit Suisse Group AGBoost Price TargetC$50.00 -> C$52.00View Rating Details
4/19/2016National Bank FinancialReiterated RatingSector Perform OverweightView Rating Details
6/4/2015Canaccord GenuityBoost Price TargetHoldC$49.00 -> C$50.00View Rating Details
6/4/2015BMO Capital MarketsBoost Price TargetMarket PerformC$51.00 -> C$52.00View Rating Details
12/12/2014CormarkReiterated RatingBuyView Rating Details
(Data available from 8/29/2014 forward)

Earnings

Earnings History for Laurentian Bank of Canada (TSE:LB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/31/2016N/AView Earnings Details
6/5/2014$1.22$1.29ViewN/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)
Current Year EPS Consensus Estimate: $5.08 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20164$1.38$1.45$1.42
Q2 20167$1.32$1.43$1.38
Q3 20165$1.37$1.43$1.40
Q4 20165$1.41$1.47$1.45
Q1 20174$1.40$1.50$1.45
Q2 20174$1.34$1.42$1.37
Q3 20172$1.50$1.60$1.55
Q4 20173$1.54$1.65$1.58
(Data provided by Zacks Investment Research)

Dividends

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

Insider Trades

Insider Trading History 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

Latest Headlines for Laurentian Bank of Canada (TSE:LB)
DateHeadline
4-traders.com logoLaurentian Bank of Canada : quaterly earnings release (TSE:LB)
www.4-traders.com - August 26 at 5:44 PM
4-traders.com logoLaurentian Bank of Canada : Declares Dividends on its Preferred Shares (TSE:LB)
www.4-traders.com - August 19 at 8:54 AM
publicnow.com logoMedia Advisory: Publication of Laurentian Bank's 3rd Quarter 2016 Results (TSE:LB)
www.publicnow.com - August 15 at 6:07 PM
publicnow.com logoLaurentian Bank of Canada relocates its Montreal offices and takes up residence at 1360 Rene-Levesque Boulevard West (TSE:LB)
www.publicnow.com - August 8 at 10:36 AM
fool.ca logoValue Investors: Check Out These 3 Cheap Financial Stocks (TSE:LB)
www.fool.ca - August 5 at 6:02 PM
bloomberg.com logoRBC Ends TD’s 10-Year Winning Streak in J.D. Power Study (1) (TSE:LB)
washpost.bloomberg.com - July 28 at 6:04 PM
breakingfinancenews.com logoA report released earlier today by RBC Capital Markets about (TSE:LB) Laurentian Bank Of Canada ups the target price to $52 (TSE:LB)
breakingfinancenews.com - July 24 at 5:32 PM
4-traders.com logoLaurentian Bank of Canada : IIROC Trade Resumption - LB.R (TSE:LB)
www.4-traders.com - July 20 at 10:25 PM
feeds.reuters.com logoBRIEF-Laurentian Bank Of Canada closes bought deal offering (TSE:LB)
feeds.reuters.com - July 20 at 11:18 AM
finance.yahoo.com logoLaurentian Bank of Canada announces closing of bought deal offering of subscription receipts (TSE:LB)
finance.yahoo.com - July 20 at 8:56 AM
4-traders.com logoLaurentian Bank of Canada : IIROC Trading Halt - LB.R (TSE:LB)
www.4-traders.com - July 20 at 8:54 AM
finance.yahoo.com logoIIROC Trade Resumption - LB.R (TSE:LB)
finance.yahoo.com - July 20 at 8:50 AM
finance.yahoo.com logoIIROC Trading Halt - LB.R (TSE:LB)
finance.yahoo.com - July 20 at 8:12 AM
News IconLaurentian Bank buys equipment finance company CIT Canada (TSE:LB)
www.trucknews.com - July 1 at 5:55 PM
nasdaq.com logoLB's Strong Dividend History Helps Get It To The Top 25 (TSE:LB)
www.nasdaq.com - July 1 at 5:55 PM
News IconCIT Group to Sell Canadian Business to Laurentian Bank of Canada (TSE:LB)
www.abladvisor.com - June 30 at 8:49 AM
finance.yahoo.com logoCIT Announces Sale of Canadian Equipment Finance and Corporate Finance Businesses to Laurentian Bank of Canada (TSE:LB)
finance.yahoo.com - June 30 at 8:49 AM
wsj.com logoCIT Group Selling Canadian Business to Laurentian Bank of Canada (TSE:LB)
www.wsj.com - June 30 at 8:49 AM
4-traders.com logoLaurentian Bank of Canada : to acquire Canadian arm of CIT Group (TSE:LB)
www.4-traders.com - June 30 at 8:49 AM
News IconLaurentian Bank to acquire Canadian arm of CIT Group (TSE:LB)
www.winnipegfreepress.com - June 30 at 8:49 AM
News IconLaurentian Bank of Canada Announces C$135 Million Bought Deal Offering of Subscription Receipts (TSE:LB)
www.digitaljournal.com - June 29 at 5:48 PM
reuters.com logoCanada's Laurentian Bank buys C$1 billion portfolio from CIT Group (TSE:LB)
ca.reuters.com - June 29 at 5:48 PM
marketwired.com logoLaurentian Bank of Canada Acquires the Canadian Equipment Financing and Corporate Financing Activities of CIT Group Inc. (TSE:LB)
www.marketwired.com - June 29 at 5:48 PM
feeds.reuters.com logoBRIEF-CIT to sell its Canadian portfolio to Laurentian Bank Of Canada (TSE:LB)
feeds.reuters.com - June 29 at 5:45 PM
bloomberg.com logoLaurentian to Buy CIT Canada Financing Unit, Add 140 Employees (TSE:LB)
www.bloomberg.com - June 29 at 5:03 PM
capitalcube.com logoLaurentian Bank of Canada breached its 50 day moving average in a Bearish Manner : LB-CA : June 27, 2016 (TSE:LB)
www.capitalcube.com - June 27 at 11:31 AM
capitalcube.com logoLaurentian Bank of Canada breached its 50 day moving average in a Bearish Manner : LB-CA : June 27, 2016 (TSE:LB)
www.capitalcube.com - June 27 at 11:31 AM
breakingfinancenews.com logoLaurentian Bank Of Canada (TSE:LB) target price increased to $52 as covered today by TD Securities (TSE:LB)
breakingfinancenews.com - June 20 at 5:46 PM
theglobeandmail.com logoThis Canadian bank has hit a bullish technical signal (TSE:LB)
www.theglobeandmail.com - June 18 at 5:21 PM
fool.ca logoThese 2 Banks Just Raised Their Dividends (TSE:LB)
www.fool.ca - June 2 at 6:12 PM
rttnews.com logoLaurentian Bank Of Canada Q2 Profit Rises (TSE:LB)
www.rttnews.com - June 2 at 6:12 PM
finance.yahoo.com logoEdited Transcript of LB.TO earnings conference call or presentation 1-Jun-16 6:00pm GMT (TSE:LB)
finance.yahoo.com - June 1 at 5:51 PM
finance.yahoo.com logoLaurentian bank increases the dividend on its common shares (TSE:LB)
finance.yahoo.com - June 1 at 8:34 AM
publicnow.com logo/R E P E A T -- Publication of Laurentian Bank's 2nd quarter 2016 results/ (TSE:LB)
www.publicnow.com - May 30 at 1:50 PM
stockhouse.com logoLaurentian Bank of Canada Selects Temenos as provider for its New Core Banking Technology - Stockhouse (TSE:LB)
www.stockhouse.com - May 26 at 11:53 PM
publicnow.com logoLaurentian Bank of Canada Selects Temenos as provider for its New Core Banking Technology (TSE:LB)
www.publicnow.com - May 26 at 9:37 AM
fool.ca logo3 Dividend Dynamos to Add to Your Portfolio - The Motley Fool Canada (TSE:LB)
www.fool.ca - May 25 at 9:55 AM
News IconLaurentian Bank of Canada: Temenos and Deloitte transform the Core Banking Technology (TSE:LB)
www.moneycab.com - May 22 at 11:12 AM
finanznachrichten.de logoLAURENTIAN BANK OF CANADA (TSE:LB)
www.finanznachrichten.de - May 22 at 11:12 AM
News IconLaurentian Bank of Canada signs deal for Temenos RetailSuite (TSE:LB)
www.finextra.com - May 20 at 6:35 PM
News IconLaurentian Bank of Canada in core banking system revamp (TSE:LB)
www.bankingtech.com - May 20 at 6:35 PM
reuters.com logoBRIEF-Temenos Group receives order from Laurentian Bank of Canada (TSE:LB)
www.reuters.com - May 20 at 6:35 PM
capitalcube.com logoETF’s with exposure to Laurentian Bank of Canada : May 20, 2016 (TSE:LB)
www.capitalcube.com - May 20 at 11:55 AM
News IconTSX listed corporate dividends and distributions declared May 19 - Brandon Sun (TSE:LB)
www.brandonsun.com - May 20 at 10:13 AM
News IconTSX listed corporate dividends and distributions declared May 18 - Brandon Sun (TSE:LB)
www.brandonsun.com - May 18 at 6:36 PM
publicnow.com logoLaurentian Bank declares dividends on its preferred shares (TSE:LB)
www.publicnow.com - May 18 at 12:02 PM
publicnow.com logoPublication of Laurentian Bank's 2nd quarter 2016 results (TSE:LB)
www.publicnow.com - May 16 at 4:52 PM
News IconBrokerages gives Consensus Recommendation of “Hold” to Laurentian Bank of Canada (TSE:LB) - Washington News Wire (TSE:LB)
washingtonnewswire.com - May 11 at 7:02 PM
News IconMerus Labs International Inc. (MSLI) Broker Price Targets For The Coming Week - Share Trading News (TSE:LB)
www.sharetrading.news - May 8 at 7:06 PM
News IconLatest Analyst Ratings For Merus Labs International Inc. (MSLI) - Share Trading News (TSE:LB)
www.sharetrading.news - May 7 at 5:07 AM

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Laurentian Bank of Canada (TSE:LB) Chart for Monday, August, 29, 2016


Last Updated on 8/29/2016 by MarketBeat.com Staff