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: $49.94
  • 50 Day Moving Average: $48.74
  • 200 Day Moving Average: $49.08
  • 52-Week Range: C$42.42 - C$55.82
  • Trailing P/E Ratio: 14.43
  • P/E Growth: 0.00
  • Market Cap: $1.52B
  • Outstanding Shares: 30,496,000
Additional Links:

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$52.22

Analysts' Ratings History for Laurentian Bank of Canada (TSE:LB)
Show:
DateFirmActionRatingPrice TargetDetails
9/27/2016Canaccord GenuityReiterated RatingBuyC$54.00View Rating Details
9/1/2016ScotiabankReiterated RatingSector PerformC$52.00View Rating Details
9/1/2016National Bank FinancialLower Price TargetSector PerformC$53.00 -> C$52.00View Rating Details
9/1/2016CIBCBoost Price TargetC$52.00 -> C$53.00View Rating Details
9/1/2016Barclays PLCLower Price TargetUnderweightC$49.00 -> C$48.00View Rating Details
9/1/2016Royal Bank Of CanadaBoost Price TargetSector PerformC$52.00 -> C$55.00View Rating Details
7/20/2016DesjardinsReiterated RatingHoldView Rating Details
6/10/2016TD SecuritiesReiterated RatingHoldC$52.00View 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
6/4/2015BMO Capital MarketsBoost Price TargetMarket PerformC$51.00 -> C$52.00View Rating Details
12/12/2014CormarkReiterated RatingBuyView Rating Details
(Data available from 9/29/2014 forward)

Earnings

Earnings History for Laurentian Bank of Canada (TSE:LB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/7/2016        
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$1.37$1.47$1.44
Q1 20174$1.40$1.55$1.46
Q2 20174$1.34$1.41$1.36
Q3 20173$1.48$1.56$1.51
Q4 20173$1.54$1.59$1.56
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Laurentian Bank of Canada (TSE:LB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
9/29/2016QuarterlyC$0.604.81%9/29/201611/1/201611/1/2016
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
bloomberg.com logoLaurentian to Cut 300 Jobs, Merge Branches in Restructuring (TSE:LB)
www.bloomberg.com - September 28 at 5:41 PM
publicnow.com logoLaurentian Bank of Canada reaches another milestone of its transformation plan (TSE:LB)
www.publicnow.com - September 28 at 5:41 PM
finance.yahoo.com logoLaurentian Bank of Canada (LB-R.TO) (TSE:LB)
ca.finance.yahoo.com - September 27 at 5:50 PM
capitalcube.com logoLaurentian Bank of Canada breached its 50 day moving average in a Bearish Manner : LB-CA : September 27, 2016 (TSE:LB)
www.capitalcube.com - September 27 at 10:30 AM
capitalcube.com logoETF’s with exposure to Laurentian Bank of Canada : September 23, 2016 (TSE:LB)
www.capitalcube.com - September 23 at 10:36 AM
finance.yahoo.com logoStéphane Therrien, Executive Vice President at Laurentian Bank, to Speak at the 15th Annual Eastern Institutional Investor Conference (TSE:LB)
finance.yahoo.com - September 14 at 10:06 AM
capitalcube.com logoLaurentian Bank of Canada breached its 50 day moving average in a Bearish Manner : LB-CA : September 13, 2016 (TSE:LB)
www.capitalcube.com - September 13 at 10:44 AM
capitalcube.com logoETF’s with exposure to Laurentian Bank of Canada : September 12, 2016 (TSE:LB)
www.capitalcube.com - September 12 at 5:41 PM
capitalcube.com logoLaurentian Bank of Canada :LB-CA: Earnings Analysis: Q3, 2016 By the Numbers : September 6, 2016 (TSE:LB)
www.capitalcube.com - September 6 at 10:38 AM
reuters.com logoBank of Canada likely to keep interest rates unchanged until 2018 - poll (TSE:LB)
www.reuters.com - September 1 at 5:46 PM
publicnow.com logoFrançois Desjardins, Laurentian Bank's President and Chief Executive Officer, to speak at Scotiabank Financials Summit (TSE:LB)
www.publicnow.com - September 1 at 5:46 PM
stockhouse.com logoLaurentian Bank reports third quarter 2016 results (TSE:LB)
www.stockhouse.com - September 1 at 8:57 AM
4-traders.com logoLaurentian Bank of Canada : Sonia Baxendale Appointed to Laurentian Bank's Board of Directors (TSE:LB)
www.4-traders.com - September 1 at 8:57 AM
finance.yahoo.com logoEdited Transcript of LB.TO earnings conference call or presentation 31-Aug-16 6:00pm GMT (TSE:LB)
finance.yahoo.com - September 1 at 8:57 AM
publicnow.com logoSonia Baxendale Appointed to Laurentian Bank's Board of Directors (TSE:LB)
www.publicnow.com - August 31 at 10:42 AM
capitalcube.com logoETF’s with exposure to Laurentian Bank of Canada : August 30, 2016 (TSE:LB)
www.capitalcube.com - August 30 at 5:55 PM
publicnow.com logo/R E P E A T -- Media Advisory: Publication of Laurentian Bank's 3rd Quarter 2016 Results/ (TSE:LB)
www.publicnow.com - August 29 at 5:47 PM
capitalcube.com logoLaurentian Bank of Canada breached its 50 day moving average in a Bullish Manner : LB-CA : August 29, 2016 (TSE:LB)
www.capitalcube.com - August 29 at 5:47 PM
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

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Laurentian Bank of Canada (TSE:LB) Chart for Thursday, September, 29, 2016


Last Updated on 9/29/2016 by MarketBeat.com Staff