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 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
  • Exchange: TSE
  • Symbol: LB
  • CUSIP:
Key Metrics:
  • Previous Close: $60.24
  • 50 Day Moving Average: $59.29
  • 200 Day Moving Average: $53.22
  • 52-Week Range: C$45.24 - C$61.67
  • Trailing P/E Ratio: 13.33
  • P/E Growth: 2.38
  • Market Cap: $2.05B
  • Outstanding Shares: 33,842,000
Additional Links:

Analyst Ratings

Consensus Ratings for Laurentian Bank of Canada (TSE:LB) (?)
Ratings Breakdown: 2 Sell Ratings, 5 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 1.88)
Consensus Price Target: C$58.00

Analysts' Ratings History for Laurentian Bank of Canada (TSE:LB)
Show:
DateFirmActionRatingPrice TargetDetails
2/20/2017National Bank FinancialReiterated RatingSector PerformView Rating Details
2/21/2017TD SecuritiesDowngradeBuy -> HoldC$61.00 -> C$65.00View Rating Details
2/15/2017CIBCBoost Price TargetC$59.00 -> C$61.00View Rating Details
2/13/2017Barclays PLCBoost Price TargetC$52.00 -> C$56.00View 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
12/7/2016RBC Capital MarketsBoost Price TargetC$52.00 -> C$57.00View Rating Details
12/7/2016ScotiabankBoost Price TargetSector PerformC$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 GroupBoost Price TargetC$50.00 -> C$52.00View Rating Details
(Data available from 2/23/2015 forward)

Earnings

Earnings History for Laurentian Bank of Canada (TSE:LB)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/23/2017        
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$1.43
Q1 20175$1.40$1.45$1.43
Q2 20175$1.34$1.49$1.39
Q3 20174$1.46$1.58$1.52
Q4 20175$1.45$1.65$1.53
Q1 20181$1.61$1.61$1.61
Q2 20181$1.50$1.50$1.50
Q3 20181$1.63$1.63$1.63
Q4 20181$1.64$1.64$1.64
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Laurentian Bank of Canada (TSE:LB)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/29/2016QuarterlyC$0.614.15%12/29/20162/1/20172/1/2017
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
business.financialpost.com logoLaurentian Bank downgraded to hold at TD Securities Inc. (TSE:LB)
business.financialpost.com - February 22 at 12:20 PM
finance.yahoo.com logoLaurentian Bank Declares Dividends on Its Preferred Shares (TSE:LB)
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 (TSE:LB)
finance.yahoo.com - February 18 at 12:03 PM
newswire.ca logoA&W Food Services of Canada Inc. Announces a Bought Deal for a Secondary Offering of 373300 Units of A&W ... - Canada NewsWire (press release) (TSE:LB)
www.newswire.ca - February 17 at 9:26 AM
finance.yahoo.com logoLaurentian Bank to Announce First Quarter Results on February 28, 2017 (TSE:LB)
finance.yahoo.com - February 14 at 7:42 PM
News IconNational Bank of Canada (NA) PT Raised to C$55.00 (TSE:LB)
www.graffiotech.com - February 14 at 12:23 AM
bloomberg.com logoSix Canadian Lenders Hit Record Highs Ahead of Earnings Season (TSE:LB)
washpost.bloomberg.com - February 13 at 7:20 PM
newswire.ca logoEnforcement Notice - Hearing - IN THE MATTER OF Laurentian ... - Canada NewsWire (press release) (TSE:LB)
www.newswire.ca - February 11 at 6:17 PM
finance.yahoo.com logoEnforcement Notice - Hearing - IN THE MATTER OF Laurentian Bank Securities Inc. - Settlement Hearing - Yahoo Finance (TSE:LB)
finance.yahoo.com - February 11 at 12:03 AM
News IconNational Bank of Canada (NA) Given Average Recommendation of "Hold" by Brokerages (TSE:LB)
hoyentv.com - February 7 at 7:32 PM
finance.yahoo.com logoLaurentian Bank Releases its Social Responsibility Report (TSE:LB)
finance.yahoo.com - February 7 at 7:32 PM
News IconA look from Top to Bottom on Laurentian Bank of Canada (LB.TO) - Rives Journal (TSE:LB)
rivesjournal.com - February 7 at 4:25 AM
News IconTechnical Investor Update on Shares of Laurentian Bank of Canada (LB.TO) - Rives Journal (TSE:LB)
rivesjournal.com - February 3 at 11:56 PM
News IconStock Focus: Watching RSI Levels on Shares of Laurentian Bank of Canada (LB.TO) - Rives Journal (TSE:LB)
rivesjournal.com - February 2 at 6:59 PM
News IconTraders are Following Technical Levels for Laurentian Bank of Canada (LB.TO) - Rives Journal (TSE:LB)
rivesjournal.com - February 1 at 7:03 PM
fool.ca logo2 Underrated Dividend-Growth Superstars That Deserve More Attention - The Motley Fool Canada (TSE:LB)
www.fool.ca - January 31 at 7:03 PM
News IconIndicator Level Summary for Laurentian Bank of Canada (LB.TO) - Rives Journal (TSE:LB)
rivesjournal.com - January 31 at 7:03 PM
News IconActive Trading Watch on Shares of Laurentian Bank of Canada (LB.TO) - Rives Journal (TSE:LB)
rivesjournal.com - January 31 at 4:59 AM
News IconActive Trading Watch on Shares of Laurentian Bank of Canada (LB.TO) - Sherwood Daily (TSE:LB)
sherwooddaily.com - January 29 at 11:33 PM
News IconInvestor Probe: Watching Technicals for Laurentian Bank of Canada (LB.TO) - Rives Journal (TSE:LB)
rivesjournal.com - January 28 at 1:27 AM
4-traders.com logoLaurentian Bank of Canada : proud partner of Ski Québec alpin (TSE:LB)
www.4-traders.com - January 27 at 8:24 PM
News IconInside Track: Trading Focus on Shares of Laurentian Bank of Canada (LB.TO) - Rives Journal (TSE:LB)
rivesjournal.com - January 26 at 7:59 PM
finance.yahoo.com logoLaurentian Bank proud partner of Ski Québec alpin (TSE:LB)
finance.yahoo.com - January 26 at 7:59 PM
News IconChecking on CCI, MA, RSI and ADX for Laurentian Bank of Canada (LB.TO) - Rives Journal (TSE:LB)
rivesjournal.com - January 25 at 7:39 PM
News IconTrading Views: RSI, MA, and ADX Review for Laurentian Bank of Canada (LB.TO) - Rives Journal (TSE:LB)
rivesjournal.com - January 25 at 4:55 AM
News IconTracking Williams %R for Laurentian Bank of Canada (LB.TO) - Rives Journal (TSE:LB)
rivesjournal.com - January 23 at 11:33 PM
News IconThe Laurentian Bank of Canada (LB) Given "Underperform" Rating at CSFB (TSE:LB)
larampadinapoli.com - January 19 at 8:01 PM
News IconLaurentian Bank of Canada (LB) PT Raised to C$62.00 (TSE:LB)
prensariotiretail.com - January 19 at 8:01 PM
News IconTechnical Level Spotcheck on Shares of Laurentian Bank of Canada (LB.TO) - Rives Journal (TSE:LB)
rivesjournal.com - January 19 at 8:01 PM
theglobeandmail.com logoBank of Canada's Poloz to wait and watch for ‘things that go Trump in the night’ (TSE:LB)
www.theglobeandmail.com - January 18 at 6:46 PM
News IconTechnical Focus: Williams %R, ADX, and CCI Levels for Laurentian Bank of Canada (LB.TO) - Rives Journal (TSE:LB)
rivesjournal.com - January 18 at 6:46 PM
News IconADX, MA, and RSI in Focus for Laurentian Bank of Canada (LB.TO) - Rives Journal (TSE:LB)
rivesjournal.com - January 17 at 12:07 PM
News IconReviewing Indicator Levels for Laurentian Bank of Canada (LB.TO) - Rives Journal (TSE:LB)
rivesjournal.com - January 16 at 6:50 PM
News IconNintendo to Launch New Switch Game Console on March 3 for $300 (TSE:LB)
vouxmagazine.com - January 14 at 5:33 AM
News IconLaurentian Bank of Canada (LB) Price Target Raised to C$62.00 (TSE:LB)
xboxonezone.com - January 13 at 7:31 PM
nasdaq.com logoFinancial Sector Update for 01/10/2017: LB.TO - Nasdaq (TSE:LB)
www.nasdaq.com - January 12 at 11:46 PM
finance.yahoo.com logoStart Building Wealth in 2017 With These 4-9% Yielders (TSE:LB)
ca.finance.yahoo.com - January 4 at 7:05 PM
finance.yahoo.com logoStéphane Therrien, Executive Vice President at Laurentian Bank, to Speak at the RBC Capital Markets Canadian Bank CEO Conference (TSE:LB)
finance.yahoo.com - January 4 at 7:05 PM
News IconDoes National Bank of Canada Have Any Gas After Today's Huge Decline? (TSE:LB)
lasignare.com - December 31 at 7:43 AM
capitalcube.com logoLaurentian Bank of Canada : LB-CA: Dividend Analysis : January 03rd, 2017 (record date) : By the numbers : December 30, 2016 (TSE:LB)
www.capitalcube.com - December 30 at 6:37 PM
forbes.com logoCash Dividend On The Way From Laurentian Bank of Canada (LB) (TSE:LB)
www.forbes.com - December 28 at 10:36 AM
forbes.com logoCash Dividend On The Way From Laurentian Bank of Canada (LB) - Forbes (TSE:LB)
www.forbes.com - December 28 at 10:36 AM
capitalcube.com logoETFs with exposure to Laurentian Bank of Canada : December 27, 2016 (TSE:LB)
www.capitalcube.com - December 27 at 6:12 PM
baystreet.ca logoLaurentian, Waste Connections at 52-Week Highs (TSE:LB)
www.baystreet.ca - December 22 at 6:29 PM
News IconRSI, CCI, and ADX Levels in View for Laurentian Bank of Canada (LB.TO) - Wall Street Confidential (TSE:LB)
wsconfidential.com - December 22 at 1:35 AM
News IconCanadian Western Bank (CWB) Given New C$31.00 Price Target at Desjardins (TSE:LB)
www.perspectivabetica.com - December 21 at 7:02 PM
News IconTrading Lines in Focus for Laurentian Bank of Canada (LB.TO) - Wall Street Confidential (TSE:LB)
wsconfidential.com - December 21 at 6:42 AM
News IconMoving Averages in Focus on Shares of Laurentian Bank of Canada (LB.TO) - Wall Street Confidential (TSE:LB)
wsconfidential.com - December 20 at 11:52 AM
marketexclusive.com logoAnalyst Activity – Laurentian Bank of Canada Lowers Its Price Target On TRANSAT AT (TSE:TRZ) to C$6.50 (TSE:LB)
marketexclusive.com - December 17 at 6:34 PM
News IconFollowing the Indicators: Reviewing Levels on Shares of Laurentian Bank of Canada (LB.TO) - Wall Street Confidential (TSE:LB)
wsconfidential.com - December 16 at 11:52 PM

Social

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, December 29th. Shareholders of record on Wednesday, February 1st will be paid a dividend of 0.61 per share on Wednesday, February 1st. This represents a $2.44 annualized dividend and a yield of 4.03%. The ex-dividend date is Thursday, December 29th. This is an increase from Laurentian Bank of Canada's previous quarterly dividend of $0.60.

Where is Laurentian Bank of Canada's stock going? Where will Laurentian Bank of Canada's stock price be in 2017?

8 analysts have issued 1-year price targets for Laurentian Bank of Canada's stock. Their predictions range from C$52.00 to C$65.00. On average, they anticipate Laurentian Bank of Canada's share price to reach C$58.00 in the next year.

When will Laurentian Bank of Canada announce their earnings?

Laurentian Bank of Canada is scheduled to release their next quarterly earnings announcement on Thursday, February, 23rd 2017.

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$60.58.

Laurentian Bank of Canada (TSE:LB) Chart for Thursday, February, 23, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Laurentian Bank of Canada (TSE:LB)

Earnings History Chart

Earnings by Quarter for Laurentian Bank of Canada (TSE:LB)

Dividend History Chart

Dividend Payments by Quarter for Laurentian Bank of Canada (TSE:LB)

Last Updated on 2/23/2017 by MarketBeat.com Staff