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: 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:
  • Dividend Yield: 4.4%
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?

Laurentian Bank of Canada is scheduled to release their next quarterly earnings announcement on Tuesday, December, 5th 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?

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?

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)
Community Ranking:  0.9 out of 5 ()
Outperform Votes:  85 (Vote Outperform)
Underperform Votes:  367 (Vote Underperform)
Total Votes:  452
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.

Analyst Ratings

Consensus Ratings for Laurentian Bank of Canada (TSE:LB) (How are Consensus Ratings Calculated?)
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:
DateFirmActionRatingPrice TargetDetails
8/30/2017National Bank FinancialBoost Price TargetSector PerformC$58.00 -> C$59.00View Rating Details
8/30/2017Canaccord GenuityBoost Price TargetBuyC$61.00 -> C$63.00View Rating Details
8/30/2017BMO Capital MarketsBoost Price TargetMarket PerformC$56.00 -> C$57.00View Rating Details
8/21/2017ScotiabankReiterated RatingSector PerformC$60.00View Rating Details
8/11/2017Barclays PLCLower Price TargetC$58.00 -> C$57.00View Rating Details
6/1/2017DesjardinsLower Price TargetHoldC$58.00 -> C$57.00View Rating Details
5/31/2017TD SecuritiesLower Price TargetHoldC$62.00 -> C$60.00View Rating Details
5/31/2017Royal Bank Of CanadaReiterated RatingSector PerformC$57.00View Rating Details
3/7/2017CIBCBoost Price TargetC$61.00 -> C$62.00View Rating Details
1/17/2017CSFBBoost Price TargetC$52.00 -> C$57.00View Rating Details
5/3/2016Credit Suisse GroupBoost Price TargetC$50.00 -> C$52.00View Rating Details
(Data available from 9/20/2015 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
12/5/2017        
6/4/2014C$1.22C$1.29C$214.13 millionC$216.89 millionViewN/AView Earnings Details
12/11/2013Q4C$1.34C$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: $5.81
2018 EPS Consensus Estimate: $6.41
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20175$1.40$1.45$1.43
Q2 20175$1.34$1.45$1.38
Q3 20174$1.41$1.57$1.49
Q4 20175$1.37$1.62$1.51
Q1 20182$1.51$1.61$1.56
Q2 20182$1.44$1.54$1.49
Q3 20181$1.67$1.67$1.67
Q4 20181$1.69$1.69$1.69
(Data provided by Zacks Investment Research)

Dividends

Dividend History by Quarter for Laurentian Bank of Canada (TSE LB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
8/30/2017Quarterly$0.629/29/201710/2/201711/1/2017
6/29/2017Quarterly$0.624.5%6/29/20178/1/20178/1/2017
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
reuters.com logoBRIEF-Laurentian Bank announces redemption of series 2012-1 medium term notes
www.reuters.com - September 16 at 5:51 AM
finance.yahoo.com logoLaurentian Bank Announces Redemption of the Series 2012-1 Medium Term Notes
finance.yahoo.com - September 16 at 5:51 AM
finance.yahoo.com logoETFs with exposure to Laurentian Bank of Canada : September 6, 2017
finance.yahoo.com - September 6 at 1:51 AM
nasdaq.com logoEx-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
finance.yahoo.com logoLaurentian Bank of Canada :LB-CA: Earnings Analysis: Q3, 2017 By the Numbers : August 31, 2017
finance.yahoo.com - September 1 at 2:14 AM
finance.yahoo.com logoLaurentian Bank's President and CEO Francois Desjardins to speak at the 2017 Scotiabank Financials Summit
finance.yahoo.com - September 1 at 2:14 AM
americanbankingnews.com logoLaurentian Bank of Canada (LB) Plans $0.62 Quarterly Dividend
www.americanbankingnews.com - August 31 at 9:16 AM
finance.yahoo.com logoEdited Transcript of LB.TO earnings conference call or presentation 29-Aug-17 7:30pm GMT
finance.yahoo.com - August 31 at 6:48 AM
finance.yahoo.com logoLaurentian 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
americanbankingnews.com logoLaurentian Bank of Canada (LB) Price Target Raised to C$57.00
www.americanbankingnews.com - August 30 at 1:50 PM
americanbankingnews.com logoLaurentian Bank of Canada (LB) Price Target Raised to C$59.00
www.americanbankingnews.com - August 30 at 1:50 PM
americanbankingnews.com logoCanaccord Genuity Boosts Laurentian Bank of Canada (LB) Price Target to C$63.00
www.americanbankingnews.com - August 30 at 1:50 PM
americanbankingnews.com logoLaurentian Bank of Canada (LB) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - August 30 at 7:22 AM
fool.ca logoWhy Laurentian Bank of Canada Is up Over 1%
www.fool.ca - August 29 at 8:22 PM
nasdaq.com logoCanada 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
finance.yahoo.com logoREMINDER/Laurentian Bank to announce its third quarter results on August 29, 2017
finance.yahoo.com - August 25 at 7:51 AM
finance.yahoo.com logoETFs with exposure to Laurentian Bank of Canada : August 23, 2017
finance.yahoo.com - August 24 at 8:33 AM
americanbankingnews.com logoLaurentian Bank of Canada (LB) Scheduled to Post Earnings on Tuesday
www.americanbankingnews.com - August 22 at 2:20 AM
americanbankingnews.com logoLaurentian Bank of Canada (LB) Given a C$60.00 Price Target at Scotiabank
www.americanbankingnews.com - August 21 at 2:16 PM
finance.yahoo.com logoLaurentian 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
finance.yahoo.com logoLaurentian Bank to announce its third quarter results on August 29, 2017
finance.yahoo.com - August 16 at 5:05 AM
finance.yahoo.com logoLaurentian Bank of Canada Announces the Completion of its Acquisition of Northpoint Commercial Finance
finance.yahoo.com - August 15 at 12:59 AM
finance.yahoo.com logoLaurentian 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
americanbankingnews.com logoLaurentian Bank of Canada (LB) Given New C$57.00 Price Target at Barclays PLC
www.americanbankingnews.com - August 11 at 10:22 PM
americanbankingnews.com logoLaurentian Bank of Canada (TSE:LB) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - August 5 at 7:18 AM
finance.yahoo.com logoMessage following the passing of Jacques Daoust
finance.yahoo.com - August 3 at 11:51 PM
fool.ca logoEvaluating Canada’s Regional Banks: Laurentian Bank of Canada
www.fool.ca - August 3 at 2:14 AM
finance.yahoo.com logoLaurentian Bank of Canada :LB-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 2, 2017
finance.yahoo.com - August 3 at 2:14 AM
fool.ca logo3 Top Dividend Stocks for Beginner Investors
www.fool.ca - July 26 at 9:43 PM
benzinga.com logoLaurentian Bank of Canada Increases Its Prime Rate - Benzinga
www.benzinga.com - July 13 at 6:18 AM
finance.yahoo.com logoLaurentian Bank of Canada Increases Its Prime Rate
finance.yahoo.com - July 13 at 6:18 AM
americanbankingnews.com logoLaurentian Bank of Canada (LB) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - July 11 at 7:50 AM
finance.yahoo.com logoLaurentian Bank of Canada – Value Analysis (TORONTO:LB) : June 29, 2017
finance.yahoo.com - June 30 at 1:00 AM
finance.yahoo.com logoLaurentian 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
americanbankingnews.com logoLaurentian Bank of Canada (LB) Plans Dividend Increase - $0.62 Per Share
www.americanbankingnews.com - June 28 at 6:24 PM
americanbankingnews.com logoLaurentian Bank of Canada (LB) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - June 16 at 11:14 AM
reuters.com logoBRIEF-Laurentian Bank Of Canada announces offering of subordinated notes
www.reuters.com - June 16 at 7:12 AM
fool.ca logoIs Laurentian Bank of Canada a Buy at These Levels?
www.fool.ca - June 5 at 6:58 PM
americanbankingnews.com logoFY2017 EPS Estimates for Laurentian Bank of Canada Raised by National Bank Financial (LB)
www.americanbankingnews.com - June 2 at 7:34 AM
americanbankingnews.com logoResearch Analysts Issue Forecasts for Laurentian Bank of Canada's Q3 2017 Earnings (LB)
www.americanbankingnews.com - June 2 at 7:18 AM
nasdaq.com logoLaurentian 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
americanbankingnews.com logoNational Bank Financial Research Analysts Boost Earnings Estimates for Laurentian Bank of Canada (LB)
www.americanbankingnews.com - June 1 at 11:20 AM
americanbankingnews.com logoLaurentian Bank of Canada Expected to Earn Q3 2017 Earnings of $1.41 Per Share (LB)
www.americanbankingnews.com - June 1 at 8:16 AM
americanbankingnews.com logoLaurentian Bank of Canada (LB) Given New C$60.00 Price Target at TD Securities
www.americanbankingnews.com - May 31 at 2:37 PM
americanbankingnews.com logoRoyal Bank of Canada Reiterates Sector Perform Rating for Laurentian Bank of Canada (LB)
www.americanbankingnews.com - May 31 at 11:56 AM
americanbankingnews.com logoLaurentian Bank of Canada (LB) Earns "Hold" Rating from Desjardins
www.americanbankingnews.com - May 31 at 7:24 AM
finance.yahoo.com logoEdited Transcript of LB.TO earnings conference call or presentation 30-May-17 7:30pm GMT
finance.yahoo.com - May 31 at 5:19 AM
finance.yahoo.com logoLaurentian Bank reports second quarter 2017 results
finance.yahoo.com - May 30 at 10:17 AM
finance.yahoo.com logoLaurentian Bank Increases the Dividend on Its Common Shares
finance.yahoo.com - May 30 at 10:17 AM
americanbankingnews.com logoLaurentian Bank of Canada (LB) Price Target Cut to C$60.00
www.americanbankingnews.com - May 29 at 2:14 PM

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Chart

Laurentian Bank of Canada (LB) Chart for Wednesday, September, 20, 2017

This page was last updated on 9/20/2017 by MarketBeat.com Staff