About Laurentian Bank of Canada (TSE:LB)
Laurentian 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
Industry Money Center Banks
Trailing P/E Ratio9.77922077922078
Forward P/E RatioN/A
Sales & Book Value
Price / SalesN/A
Price / CashN/A
Price / BookN/A
Return on Equity11.79%
Return on Assets0.51%
Laurentian Bank of Canada (TSE:LB) Frequently Asked Questions
What is Laurentian Bank of Canada's stock symbol?
Laurentian Bank of Canada trades on the Toronto 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 Tuesday, December 5th. Stockholders of record on Tuesday, January 2nd will be given a dividend of 0.63 per share on Thursday, February 1st. This represents a $2.52 annualized dividend and a dividend yield of 4.78%. The ex-dividend date is Friday, December 29th. This is a boost from Laurentian Bank of Canada's previous quarterly dividend of $0.62. View Laurentian Bank of Canada's Dividend History.
How were Laurentian Bank of Canada's earnings last quarter?
Laurentian Bank of Canada (TSE:LB) announced its quarterly earnings results on Tuesday, December, 5th. The company reported $1.63 earnings per share for the quarter, topping analysts' consensus estimates of $1.54 by $0.09. The company had revenue of $267.97 million for the quarter, compared to analysts' expectations of $257.83 million. Laurentian Bank of Canada had a return on equity of 11.79% and a net margin of 21.88%. View Laurentian Bank of Canada's Earnings History.
When will Laurentian Bank of Canada make its next earnings announcement?
Where is Laurentian Bank of Canada's stock going? Where will Laurentian Bank of Canada's stock price be in 2018?
7 Wall Street analysts have issued 12 month price targets for Laurentian Bank of Canada's shares. Their forecasts range from C$55.00 to C$63.00. On average, they expect Laurentian Bank of Canada's share price to reach C$58.90 in the next twelve months. View Analyst Ratings for Laurentian Bank of Canada.
Who are some of Laurentian Bank of Canada's key competitors?
Some companies that are related to Laurentian Bank of Canada include Tmx Group (X), Magellan Financial Group (MFG), Platinum Asset Management (PTM), Norbord (OSB), Genworth MI Canada (MIC), IOOF (IFL), Canadian Western Bank (CWB), FirstService (FSV), Charter Hall Group (CHC), Investa Office Fund (IOF), Perpetual (PPT), Bolsas y Mercados Espanoles SHMSF (BME), Morguard (MRC), First National Financial (FN), Tricon Capital Group (TCN), Altus Group (AIF), Home Capital Group (HCG) and Fiera Capital (FSZ).
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.
- David Morris, Director
- Lise Bastarache, Independent Director
- Sonia A. Baxendale, 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$52.71.
How big of a company is Laurentian Bank of Canada?
Laurentian Bank of Canada has a market capitalization of C$2.19 billion.
How can I contact Laurentian Bank of Canada?
Laurentian Bank of Canada's mailing address is Tour Banque Laurentienne 1420-1981 McGill College Ave, MONTREAL, QC H3A 3K3, Canada. The company can be reached via phone at +1-514-2844500.
MarketBeat Community Rating for Laurentian Bank of Canada (LB)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.
Laurentian Bank of Canada (TSE:LB) Earnings History and Estimates Chart
Laurentian Bank of Canada (TSE LB) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/27/2018|| || || || || || || || |
|12/5/2017||Q4 2017||C$1.54||C$1.63||C$257.83 million||C$267.97 million||View||N/A|
|8/29/2017||Q3 2017||C$1.63||C$245.45 million||C$248.00 million||View||N/A|
|5/30/2017||Q2 2017||C$1.38||C$1.39||C$238.50 million||C$238.81 million||View||N/A|
|2/28/2017||Q1 2017||C$1.44||C$1.43||C$240.50 million||C$241.63 million||View||N/A|
|12/6/2016||Q4 2016||C$1.41||C$1.47||C$234.87 million||C$236.37 million||View||N/A|
|8/31/2016||Q3 2016||C$1.38||C$1.37||C$232.07 million||C$229.08 million||View||N/A|
|6/1/2016||Q2 2016||C$1.36||C$1.46||C$229.07 million||C$226.80 million||View||N/A|
|2/25/2016||Q1 2016||C$1.43||C$1.39||C$238.40 million||C$223.20 million||View||N/A|
|12/9/2015||Q4 2015||C$1.45||C$1.44||C$229.57 million||C$231.65 million||View||N/A|
|9/2/2015||Q3 2015||C$1.43||C$1.48||C$225.59 million||C$226.64 million||View||N/A|
|6/3/2015||Q2 2015||C$1.32||C$1.38||C$221.20 million||C$220.68 million||View||N/A|
|2/26/2015||Q1 2015||C$1.39||C$1.32||C$221.90 million||C$218.16 million||View||N/A|
|12/10/2014||Q4 2014||C$1.43||C$1.39||C$221.80 million||C$221.42 million||View||N/A|
|8/28/2014||Q3 2014||C$1.42||C$1.35||C$220.13 million||C$219.65 million||View||N/A|
|6/4/2014||C$1.22||C$1.29||C$214.13 million||C$216.89 million||View||N/A|
|3/5/2014||Q1 2014||C$1.21||C$1.29||C$216.11 million||View||N/A|
|12/11/2013||Q4||C$1.34||C$1.07||C$219.50 million||C$215.53 million||View||Listen|
|8/30/2013||Q3 2013||C$1.32||C$1.31||C$216.32 million||C$221.04 million||View||N/A|
|6/5/2013||Q2 2013||C$1.16||C$1.29||C$208.07 million||C$214.85 million||View||N/A|
|3/6/2013||Q1 2013||C$1.23||C$1.34||C$215.15 million||C$213.91 million||View||N/A|
Laurentian Bank of Canada (TSE:LB) Earnings Estimates
2018 EPS Consensus Estimate: $6.05
2019 EPS Consensus Estimate: $6.83
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Laurentian Bank of Canada (TSE:LB) Dividend Information
|Most Recent Dividend:||2/1/2018|
|Payout Ratio:||45.64% (Trailing 12 Months of Earnings) |
Laurentian Bank of Canada (TSE:LB) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Laurentian Bank of Canada (TSE LB) Insider Trading and Institutional Ownership History
Laurentian Bank of Canada (TSE LB) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|3/10/2015||Jonathan I Wener||Director||Buy||5,000||C$47.85||C$239,250.00|
Laurentian Bank of Canada (TSE LB) News Headlines
Laurentian Bank of Canada (TSE:LB) SEC Filings
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Financials are not available for this stock.
Laurentian Bank of Canada (TSE LB) Stock Chart for Sunday, February, 25, 2018