LB - Laurentian Bank of Canada Stock Price, News & Analysis

C$59.14 -0.08 (-0.14 %)
(As of 11/24/2017 01:13 PM ET)
Previous CloseC$59.22
Today's RangeC$59.03 - C$59.31
52-Week RangeC$51.57 - C$61.67
Volume41,825 shs
Average Volume125,150 shs
Market CapitalizationC$2.30 billion
P/E RatioN/A
Dividend Yield4.16%
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.


Industry, Sector and Symbol

Industry Money Center Banks
Sub-IndustryN/A
SectorFinancial
SymbolTSE:LB
CUSIPN/A

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

Dividend

Annual DividendC$2.44
Dividend Yield4.2%

Profitability

Trailing EPSC$4.42
Net IncomeN/A
Net Margins22.10%
Return on Equity11.90%
Return on Assets0.49%

Miscellaneous

EmployeesN/A
Outstanding Shares34,191,000

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 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 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 4.19%. 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?

8 Wall Street analysts have issued 12 month price objectives for Laurentian Bank of Canada's shares. Their forecasts range from C$57.00 to C$67.00. On average, they anticipate Laurentian Bank of Canada's share price to reach C$59.70 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$59.14.

How big of a company is Laurentian Bank of Canada?

Laurentian Bank of Canada has a market capitalization of C$2.30 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:  100 (Vote Outperform)
Underperform Votes:  391 (Vote Underperform)
Total Votes:  491
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

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

  (How are Consensus Ratings Calculated?)
Ratings Breakdown: 0 Sell Ratings, 7 Hold Ratings, 1 Buy Rating, 0 Strong Buy Ratings
Consensus Rating:Hold (Score: 2.13)
Consensus Price Target: C$59.70

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

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

Analysts' Ratings History for Laurentian Bank of Canada (TSE:LB)

Show:
DateFirmActionRatingPrice TargetDetails
11/13/2017CIBCBoost Price TargetC$61.00 -> C$66.00View Rating Details
11/1/2017Canaccord GenuityBoost Price TargetC$63.00 -> C$67.00View Rating Details
8/30/2017National Bank FinancialBoost Price TargetSector PerformC$58.00 -> C$59.00View 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
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 11/24/2015 forward)

Earnings

Earnings History and Estimates Chart 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
12/5/2017C$1.54N/AView Earnings Details
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: $6.36
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 20182$1.57$1.67$1.62
Q4 20181$1.69$1.69$1.69
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Laurentian Bank of Canada (TSE:LB)

Most Recent Dividend:11/1/2017
Annual Dividend:$2.44
Dividend Yield:4.13%
Payout Ratio:55.20% (Trailing 12 Months of Earnings)
Dividend Payments by Quarter for Laurentian Bank of Canada (TSE:LB)

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

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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

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

Latest Headlines for Laurentian Bank of Canada (TSE LB)

Source:
DateHeadline
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
Laurentian Bank of Canada (LB) Given Consensus Rating of "Hold" by AnalystsLaurentian Bank of Canada (LB) Given Consensus Rating of "Hold" by Analysts
www.americanbankingnews.com - October 19 at 7:08 AM
Bank stocks are no longer cheap, but they’re still worth owningBank stocks are no longer cheap, but they’re still worth owning
www.theglobeandmail.com - October 16 at 7:53 PM
Canadas TSX to hit record high by year-end as growth picks upCanada's TSX to hit record high by year-end as growth picks up
www.nasdaq.com - October 5 at 7:49 AM
Canadian Business Growth Fund lines up CEOCanadian Business Growth Fund lines up CEO
www.theglobeandmail.com - October 5 at 7:49 AM
How should investors respond to a rising Canadian dollar?How should investors respond to a rising Canadian dollar?
www.theglobeandmail.com - September 25 at 8:54 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 - September 24 at 7:12 AM
Francois Laurin, Chief Financial Officer at Laurentian Bank, to Speak at the CIBC 16th Annual Eastern Institutional Investor ConferenceFrancois Laurin, Chief Financial Officer at Laurentian Bank, to Speak at the CIBC 16th Annual Eastern Institutional Investor Conference
finance.yahoo.com - September 21 at 9:32 AM
BRIEF-Laurentian Bank announces redemption of series 2012-1 medium term notesBRIEF-Laurentian Bank announces redemption of series 2012-1 medium term notes
www.reuters.com - September 16 at 5:51 AM
Laurentian Bank Announces Redemption of the Series 2012-1 Medium Term NotesLaurentian Bank Announces Redemption of the Series 2012-1 Medium Term Notes
finance.yahoo.com - September 16 at 5:51 AM
ETFs with exposure to Laurentian Bank of Canada : September 6, 2017ETFs with exposure to Laurentian Bank of Canada : September 6, 2017
finance.yahoo.com - September 6 at 1:51 AM
Ex-Div Reminder for Laurentian Bank of Canadas Non-Cumulative Class A Preferred Shares, Series 11Ex-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
Laurentian Bank of Canada :LB-CA: Earnings Analysis: Q3, 2017 By the Numbers : August 31, 2017Laurentian Bank of Canada :LB-CA: Earnings Analysis: Q3, 2017 By the Numbers : August 31, 2017
finance.yahoo.com - September 1 at 2:14 AM
Laurentian Banks President and CEO Francois Desjardins to speak at the 2017 Scotiabank Financials SummitLaurentian Bank's President and CEO Francois Desjardins to speak at the 2017 Scotiabank Financials Summit
finance.yahoo.com - September 1 at 2:14 AM
Laurentian Bank of Canada (LB) Plans $0.62 Quarterly DividendLaurentian Bank of Canada (LB) Plans $0.62 Quarterly Dividend
www.americanbankingnews.com - August 31 at 9:16 AM
Edited Transcript of LB.TO earnings conference call or presentation 29-Aug-17 7:30pm GMTEdited Transcript of LB.TO earnings conference call or presentation 29-Aug-17 7:30pm GMT
finance.yahoo.com - August 31 at 6:48 AM
Laurentian Bank of Canada breached its 50 day moving average in a Bullish Manner : LB-CA : August 30, 2017Laurentian 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
Laurentian Bank of Canada (LB) Price Target Raised to C$57.00Laurentian Bank of Canada (LB) Price Target Raised to C$57.00
www.americanbankingnews.com - August 30 at 1:50 PM
Laurentian Bank of Canada (LB) Price Target Raised to C$59.00Laurentian Bank of Canada (LB) Price Target Raised to C$59.00
www.americanbankingnews.com - August 30 at 1:50 PM
Canaccord Genuity Boosts Laurentian Bank of Canada (LB) Price Target to C$63.00Canaccord Genuity Boosts Laurentian Bank of Canada (LB) Price Target to C$63.00
www.americanbankingnews.com - August 30 at 1:50 PM
Laurentian Bank of Canada (LB) Given Average Rating of "Hold" by BrokeragesLaurentian Bank of Canada (LB) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - August 30 at 7:22 AM
Why Laurentian Bank of Canada Is up Over 1%Why Laurentian Bank of Canada Is up Over 1%
www.fool.ca - August 29 at 8:22 PM
Canada Stocks Close Near Flat As Titan Sectors Energy and Materials Clashed; Toromont FIoats Like a Butterfly on ... - NasdaqCanada 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
REMINDER/Laurentian Bank to announce its third quarter results on August 29, 2017REMINDER/Laurentian Bank to announce its third quarter results on August 29, 2017
finance.yahoo.com - August 25 at 7:51 AM
ETFs with exposure to Laurentian Bank of Canada : August 23, 2017ETFs with exposure to Laurentian Bank of Canada : August 23, 2017
finance.yahoo.com - August 24 at 8:33 AM
Laurentian Bank of Canada (LB) Scheduled to Post Earnings on TuesdayLaurentian Bank of Canada (LB) Scheduled to Post Earnings on Tuesday
www.americanbankingnews.com - August 22 at 2:20 AM
Laurentian Bank of Canada (LB) Given a C$60.00 Price Target at ScotiabankLaurentian Bank of Canada (LB) Given a C$60.00 Price Target at Scotiabank
www.americanbankingnews.com - August 21 at 2:16 PM
Laurentian Bank of Canada : LB-CA: Dividend Analysis : July 04th, 2017 (record date) : By the numbers : August 16, 2017Laurentian 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
Laurentian Bank to announce its third quarter results on August 29, 2017Laurentian Bank to announce its third quarter results on August 29, 2017
finance.yahoo.com - August 16 at 5:05 AM
Laurentian Bank of Canada Announces the Completion of its Acquisition of Northpoint Commercial FinanceLaurentian Bank of Canada Announces the Completion of its Acquisition of Northpoint Commercial Finance
finance.yahoo.com - August 15 at 12:59 AM
Laurentian Bank of Canada breached its 50 day moving average in a Bearish Manner : LB-CA : August 14, 2017Laurentian 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
Laurentian Bank of Canada (LB) Given New C$57.00 Price Target at Barclays PLCLaurentian Bank of Canada (LB) Given New C$57.00 Price Target at Barclays PLC
www.americanbankingnews.com - August 11 at 10:22 PM
Laurentian Bank of Canada (TSE:LB) Receives Consensus Recommendation of "Hold" from AnalystsLaurentian Bank of Canada (TSE:LB) Receives Consensus Recommendation of "Hold" from Analysts
www.americanbankingnews.com - August 5 at 7:18 AM
Message following the passing of Jacques DaoustMessage following the passing of Jacques Daoust
finance.yahoo.com - August 3 at 11:51 PM
Evaluating Canada’s Regional Banks: Laurentian Bank of CanadaEvaluating Canada’s Regional Banks: Laurentian Bank of Canada
www.fool.ca - August 3 at 2:14 AM
Laurentian Bank of Canada :LB-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 2, 2017Laurentian Bank of Canada :LB-CA: Earnings Analysis: Q2, 2017 By the Numbers : August 2, 2017
finance.yahoo.com - August 3 at 2:14 AM
3 Top Dividend Stocks for Beginner Investors3 Top Dividend Stocks for Beginner Investors
www.fool.ca - July 26 at 9:43 PM
Laurentian Bank of Canada Increases Its Prime Rate - BenzingaLaurentian Bank of Canada Increases Its Prime Rate - Benzinga
www.benzinga.com - July 13 at 6:18 AM
Laurentian Bank of Canada Increases Its Prime RateLaurentian Bank of Canada Increases Its Prime Rate
finance.yahoo.com - July 13 at 6:18 AM

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Financials

Financials are not available for this stock.

Chart

Laurentian Bank of Canada (TSE LB) Chart for Friday, November, 24, 2017
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This page was last updated on 11/24/2017 by MarketBeat.com Staff

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