Laurentian Bank of Canada Stock Price, News & Analysis (TSE:LB)

C$56.49 -0.24 (-0.42 %)
(As of 12/15/2017 10:59 AM ET)
Previous CloseC$56.73
Today's RangeC$56.30 - C$56.86
52-Week RangeC$51.57 - C$62.90
Volume196,378 shs
Average Volume140,330 shs
Market CapitalizationC$2.20 billion
P/E RatioN/A
Dividend Yield4.42%
Beta0.48

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.

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Industry, Sector and Symbol

Industry Money Center Banks
Sub-IndustryN/A
SectorFinancial
SymbolTSE:LB
CUSIPN/A
Phone+1-514-2844500

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

Trailing EPSC$5.39
Net IncomeN/A
Net Margins22.10%
Return on Equity11.90%
Return on Assets0.49%

Miscellaneous

EmployeesN/A
Outstanding Shares38,845,000

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 announced a quarterly dividend on Tuesday, December 5th. Shareholders 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 yield of 4.46%. The ex-dividend date of this dividend is Friday, December 29th. This is a positive change from Laurentian Bank of Canada's previous quarterly dividend of $0.62. 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, February, 27th 2018. 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?

8 brokerages have issued 1-year price objectives for Laurentian Bank of Canada's shares. Their forecasts range from C$55.00 to C$64.00. On average, they expect Laurentian Bank of Canada's share price to reach C$60.30 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 (Age 54)
  • Francois Desjardins, President, Chief Executive Officer, Director (Age 46)
  • 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. (Age 67)
  • David Morris, Director
  • Lise Bastarache, Independent Director (Age 53)
  • Sonia A. Baxendale, Independent Director (Age 54)

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$56.49.

How big of a company is Laurentian Bank of Canada?

Laurentian Bank of Canada has a market capitalization of C$2.20 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)

Community Ranking:  1.0 out of 5 (star)
Outperform Votes:  106 (Vote Outperform)
Underperform Votes:  402 (Vote Underperform)
Total Votes:  508
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

Laurentian Bank of Canada (TSE:LB) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 2.112.002.002.00
Ratings Breakdown: 1 Sell Rating(s)
6 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
7 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
7 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
1 Sell Rating(s)
7 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: C$60.30C$59.70C$58.27C$58.45
Price Target Upside: 5.02% upside2.75% upside6.53% upside12.24% upside

Laurentian Bank of Canada (TSE:LB) Consensus Price Target History

Price Target History for Laurentian Bank of Canada (TSE:LB)

Laurentian Bank of Canada (TSE:LB) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetDetails
12/11/2017CIBCLower Price TargetC$66.00 -> C$60.00View Rating Details
12/6/2017TD SecuritiesUpgradeHold -> BuyC$62.00 -> C$63.00View Rating Details
12/6/2017ScotiabankLower Price TargetSector PerformC$67.00 -> C$64.00View Rating Details
12/6/2017Royal Bank of CanadaLower Price TargetSector PerformC$60.00 -> C$55.00View Rating Details
12/6/2017National Bank FinancialBoost Price TargetSector PerformC$59.00 -> C$60.00View Rating Details
12/6/2017DesjardinsLower Price TargetC$60.00 -> C$59.00View Rating Details
12/6/2017Canaccord GenuityDowngradeBuy -> Speculative BuyC$67.00 -> C$61.00View Rating Details
12/6/2017BMO Capital MarketsUpgradeMarket Perform -> OutperformC$57.00 -> C$62.00View Rating Details
12/6/2017BarclaysBoost Price TargetC$57.00 -> 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 12/15/2015 forward)

Earnings

Laurentian Bank of Canada (TSE:LB) Earnings History and Estimates Chart

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

Laurentian Bank of Canada (TSE LB) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/27/2018        
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

Laurentian Bank of Canada (TSE:LB) Earnings Estimates

2017 EPS Consensus Estimate: $5.81
2018 EPS Consensus Estimate: $6.36
2019 EPS Consensus Estimate: $7.24
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 20183$1.48$1.64$1.56
Q2 20183$1.50$1.54$1.52
Q3 20183$1.62$1.67$1.64
Q4 20182$1.58$1.69$1.64
Q1 20191$1.79$1.79$1.79
Q2 20191$1.70$1.70$1.70
Q3 20191$1.87$1.87$1.87
Q4 20191$1.88$1.88$1.88
(Data provided by Zacks Investment Research)

Dividends

Laurentian Bank of Canada (TSE:LB) Dividend Information

Next Dividend:2/1/2018
Annual Dividend:$2.46
Dividend Yield:4.35%
Payout Ratio:45.64% (Trailing 12 Months of Earnings)
Dividend Payments by Quarter for Laurentian Bank of Canada (TSE:LB)

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

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/5/2017Quarterly$0.6312/29/20171/2/20182/1/2018
8/30/2017Quarterly$0.624.08%9/29/201710/2/201711/1/2017
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

Laurentian Bank of Canada (TSE LB) Insider Trading and Institutional Ownership History

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

Laurentian Bank of Canada (TSE LB) Insider Trades by Quarter

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

Laurentian Bank of Canada (TSE LB) News Headlines

Source:
DateHeadline
Things that go slump in the night: What keeps the Bank of Canada governor awakeThings that go slump in the night: What keeps the Bank of Canada governor awake
www.theglobeandmail.com - December 14 at 9:46 AM
Laurentian Bank of Canada (LB) Price Target Cut to C$60.00Laurentian Bank of Canada (LB) Price Target Cut to C$60.00
www.americanbankingnews.com - December 11 at 2:10 PM
Laurentian Bank Clarifies Effect of Recent Review of MortgagesLaurentian Bank Clarifies Effect of Recent Review of Mortgages
finance.yahoo.com - December 11 at 10:22 AM
Canadian Dividend All-Stars Expected To Announce Dividend Increases - Week Of Dec 11 - Seeking AlphaCanadian Dividend All-Stars Expected To Announce Dividend Increases - Week Of Dec 11 - Seeking Alpha
seekingalpha.com - December 10 at 9:36 AM
ETFs with exposure to Laurentian Bank of Canada : December 8, 2017ETFs with exposure to Laurentian Bank of Canada : December 8, 2017
finance.yahoo.com - December 8 at 5:05 PM
Laurentian Bank of Canada’s Share Price Drops and Presents OpportunityLaurentian Bank of Canada’s Share Price Drops and Presents Opportunity
www.fool.ca - December 8 at 9:39 AM
Equities Analysts Issue Forecasts for Laurentian Bank of Canadas Q1 2018 Earnings (LB)Equities Analysts Issue Forecasts for Laurentian Bank of Canada's Q1 2018 Earnings (LB)
www.americanbankingnews.com - December 8 at 8:34 AM
Desjardins Comments on Laurentian Bank of Canadas Q1 2018 Earnings (LB)Desjardins Comments on Laurentian Bank of Canada's Q1 2018 Earnings (LB)
www.americanbankingnews.com - December 8 at 8:34 AM
Q1 2018 EPS Estimates for Laurentian Bank of Canada (LB) Lifted by AnalystQ1 2018 EPS Estimates for Laurentian Bank of Canada (LB) Lifted by Analyst
www.americanbankingnews.com - December 8 at 8:34 AM
Laurentian Bank of Canada (LB) Receives Average Rating of "Hold" from BrokeragesLaurentian Bank of Canada (LB) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - December 8 at 5:36 AM
Laurentian Bank of Canada :LB-CA: Earnings Analysis: Q4, 2017 By the Numbers : December 7, 2017Laurentian Bank of Canada :LB-CA: Earnings Analysis: Q4, 2017 By the Numbers : December 7, 2017
finance.yahoo.com - December 7 at 5:36 PM
Edited Transcript of LB.TO earnings conference call or presentation 30-May-17 7:30pm GMTEdited Transcript of LB.TO earnings conference call or presentation 30-May-17 7:30pm GMT
finance.yahoo.com - December 7 at 9:56 AM
Laurentian Bank of Canada (LB) Plans Quarterly Dividend of $0.63Laurentian Bank of Canada (LB) Plans Quarterly Dividend of $0.63
www.americanbankingnews.com - December 6 at 5:38 PM
Barclays Increases Laurentian Bank of Canada (LB) Price Target to C$62.00Barclays Increases Laurentian Bank of Canada (LB) Price Target to C$62.00
www.americanbankingnews.com - December 6 at 1:32 PM
BMO Capital Markets Upgrades Laurentian Bank of Canada (LB) to OutperformBMO Capital Markets Upgrades Laurentian Bank of Canada (LB) to Outperform
www.americanbankingnews.com - December 6 at 1:32 PM
Laurentian Bank of Canada (LB) Upgraded by TD Securities to BuyLaurentian Bank of Canada (LB) Upgraded by TD Securities to Buy
www.americanbankingnews.com - December 6 at 1:32 PM
Desjardins Cuts Laurentian Bank of Canada (LB) Price Target to C$59.00Desjardins Cuts Laurentian Bank of Canada (LB) Price Target to C$59.00
www.americanbankingnews.com - December 6 at 1:32 PM
Laurentian Bank of Canada (LB) PT Lowered to C$64.00Laurentian Bank of Canada (LB) PT Lowered to C$64.00
www.americanbankingnews.com - December 6 at 1:32 PM
Laurentian Bank of Canada (LB) Downgraded by Canaccord Genuity to Speculative BuyLaurentian Bank of Canada (LB) Downgraded by Canaccord Genuity to Speculative Buy
www.americanbankingnews.com - December 6 at 1:32 PM
Laurentian Bank of Canada (LB) PT Raised to C$60.00 at National Bank FinancialLaurentian Bank of Canada (LB) PT Raised to C$60.00 at National Bank Financial
www.americanbankingnews.com - December 6 at 1:32 PM
Laurentian Bank of Canada (LB) PT Lowered to C$55.00Laurentian Bank of Canada (LB) PT Lowered to C$55.00
www.americanbankingnews.com - December 6 at 1:32 PM
Canada’s Laurentian Bank knocked on mortgage buyback costsCanada’s Laurentian Bank knocked on mortgage buyback costs
www.ft.com - December 6 at 9:50 AM
Laurentian Bank discloses misrepresentations on some mortgagesLaurentian Bank discloses 'misrepresentations' on some mortgages
finance.yahoo.com - December 6 at 9:50 AM
Edited Transcript of LB.TO earnings conference call or presentation 5-Dec-17 8:30pm GMTEdited Transcript of LB.TO earnings conference call or presentation 5-Dec-17 8:30pm GMT
finance.yahoo.com - December 6 at 9:50 AM
CANADA STOCKS-TSX ends lower as banks, mining stocks weighCANADA STOCKS-TSX ends lower as banks, mining stocks weigh
www.reuters.com - December 5 at 5:07 PM
Bay Street In Doldrums As Bank Earnings Wind Down -- Canadian CommentaryBay Street In Doldrums As Bank Earnings Wind Down -- Canadian Commentary
www.rttnews.com - December 5 at 10:21 AM
Laurentian Bank raises dividend as profit more than doublesLaurentian Bank raises dividend as profit more than doubles
www.theglobeandmail.com - December 5 at 10:21 AM
Laurentian Bank Financial Group reports 2017 resultsLaurentian Bank Financial Group reports 2017 results
finance.yahoo.com - December 5 at 10:21 AM
Laurentian Bank Increases the Dividend on its Common SharesLaurentian Bank Increases the Dividend on its Common Shares
finance.yahoo.com - December 5 at 10:21 AM
CORRECTION: Laurentian Bank Increases the Dividend on its Common SharesCORRECTION: Laurentian Bank Increases the Dividend on its Common Shares
finance.yahoo.com - December 5 at 10:21 AM
Threat of Canadian financial crisis eases (but dont take that to the bank)Threat of Canadian financial crisis eases (but don't take that to the bank)
www.theglobeandmail.com - December 4 at 9:37 AM
Rising risks suggest Bank of Canada now in no rush to raise ratesRising risks suggest Bank of Canada now in no rush to raise rates
www.nasdaq.com - November 30 at 5:08 PM
REMINDER/Laurentian Bank to announce fourth quarter and fiscal 2017 results on December 5, 2017REMINDER/Laurentian Bank to announce fourth quarter and fiscal 2017 results on December 5, 2017
finance.yahoo.com - November 30 at 10:07 AM
Laurentian Bank of Canada breached its 50 day moving average in a Bullish Manner : LB-CA : November 30, 2017Laurentian Bank of Canada breached its 50 day moving average in a Bullish Manner : LB-CA : November 30, 2017
finance.yahoo.com - November 30 at 10:07 AM
Laurentian Bank of Canada (LB) Scheduled to Post Quarterly Earnings on TuesdayLaurentian Bank of Canada (LB) Scheduled to Post Quarterly Earnings on Tuesday
www.americanbankingnews.com - November 28 at 2:42 AM
After big year, Canada’s major banks likely to post flat finishAfter big year, Canada’s major banks likely to post flat finish
www.theglobeandmail.com - November 27 at 5:11 PM
CIBC Increases Laurentian Bank of Canada (LB) Price Target to C$66.00CIBC Increases Laurentian Bank of Canada (LB) Price Target to C$66.00
www.americanbankingnews.com - November 26 at 3:34 PM
Deborah Rose Named One of Canadas 100 Most Powerful WomenDeborah Rose Named One of Canada's 100 Most Powerful Women
finance.yahoo.com - November 24 at 5:09 PM
Laurentian Bank of Canada (LB) Expected to Post Q3 2018 Earnings of $1.57 Per ShareLaurentian Bank of Canada (LB) Expected to Post Q3 2018 Earnings of $1.57 Per Share
www.americanbankingnews.com - November 22 at 12:26 PM
Laurentian Bank Declares Dividends on Its Preferred SharesLaurentian Bank Declares Dividends on Its Preferred Shares
finance.yahoo.com - November 22 at 1:44 AM
Laurentian Bank to announce fourth quarter and fiscal 2017 results on December 5, 2017Laurentian Bank to announce fourth quarter and fiscal 2017 results on December 5, 2017
finance.yahoo.com - November 22 at 1:44 AM
Laurentian Bank restores factsLaurentian Bank restores facts
finance.yahoo.com - November 21 at 2:23 AM
Laurentian Bank of Canada – Value Analysis (TORONTO:LB) : November 20, 2017Laurentian Bank of Canada – Value Analysis (TORONTO:LB) : November 20, 2017
finance.yahoo.com - November 21 at 2:23 AM
Representation of Unionized Employees of Laurentian BankRepresentation of Unionized Employees of Laurentian Bank
finance.yahoo.com - November 17 at 12:37 PM
Laurentian Bank of Canada breached its 50 day moving average in a Bullish Manner : LB-CA : November 17, 2017Laurentian Bank of Canada breached its 50 day moving average in a Bullish Manner : LB-CA : November 17, 2017
finance.yahoo.com - November 17 at 12:37 PM
Laurentian Bank of Canada (LB) Receives Average Recommendation of "Hold" from BrokeragesLaurentian Bank of Canada (LB) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - November 13 at 5:58 AM
Monday’s analyst upgrades and downgradesMonday’s analyst upgrades and downgrades
www.theglobeandmail.com - November 8 at 6:30 PM
Research Analysts Offer Predictions for Laurentian Bank of Canadas FY2018 Earnings (LB)Research Analysts Offer Predictions for Laurentian Bank of Canada's FY2018 Earnings (LB)
www.americanbankingnews.com - November 7 at 2:56 PM
TSX Top Dividend Stocks – Laurentian Bank of Canada And MoreTSX Top Dividend Stocks – Laurentian Bank of Canada And More
finance.yahoo.com - November 3 at 1:49 PM
Mr. David Morris has Been Appointed to the Board of Directors of Laurentian BankMr. David Morris has Been Appointed to the Board of Directors of Laurentian Bank
finance.yahoo.com - November 1 at 5:16 AM

SEC Filings

Laurentian Bank of Canada (TSE:LB) SEC Filings

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Social Media

Financials

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Chart

Laurentian Bank of Canada (TSE LB) Stock Chart for Friday, December, 15, 2017

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This page was last updated on 12/15/2017 by MarketBeat.com Staff

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