Laurentian Bank of Canada, together with its subsidiaries, provides banking services to individuals, small and medium-sized enterprises, and independent advisors in Canada and the United States. It operates through four segments: Retail Services, Business Services, B2B Bank, and Capital Markets. The company offers transactional products and current accounts, term deposits, and investment accounts; personal line of credit, personal loans, student loans, and registered retirement savings plans; financing for agriculture, real estate, and commercial industries, as well as small and medium-sized enterprises; mortgage solutions, such as variable-rate mortgage, fixed-rate mortgage, equity line of credit, mortgage insurance, and retirement line of credit; and credit and business cards, as well as equipment finance solutions.
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Industry, Sector and Symbol
Industry Banks - Regional - Canada
Sub-IndustryN/A
SectorFinancial Services
CIKN/A
Phone+1-514-2844500
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesC$933.33 million
Profitability
Miscellaneous
Employees3,559
Next Earnings Date12/4/2019 (Estimated)
OptionableOptionable
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 Wednesday, August 28th. Shareholders of record on Tuesday, October 1st will be paid a dividend of 0.66 per share on Friday, November 1st. This represents a $2.64 dividend on an annualized basis and a yield of 5.81%. The ex-dividend date is Monday, September 30th. 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 Thursday, August, 29th. The company reported $1.15 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $1.15. The firm earned $244.65 million during the quarter, compared to the consensus estimate of $253.30 million. View Laurentian Bank of Canada's Earnings History.
When is Laurentian Bank of Canada's next earnings date?
What price target have analysts set for LB?
8 Wall Street analysts have issued 12 month price targets for Laurentian Bank of Canada's shares. Their forecasts range from C$34.00 to C$49.00. On average, they anticipate Laurentian Bank of Canada's share price to reach C$43.56 in the next year. This suggests that the stock has a possible downside of 4.2%. View Analyst Price Targets for Laurentian Bank of Canada.
What is the consensus analysts' recommendation for Laurentian Bank of Canada?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Laurentian Bank of Canada in the last year. There are currently 2 sell ratings and 6 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Laurentian Bank of Canada.
Has Laurentian Bank of Canada been receiving favorable news coverage?
News articles about LB stock have trended very negative on Thursday, according to InfoTrie Sentiment. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Laurentian Bank of Canada earned a media sentiment score of -3.2 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next several days. View News Stories 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 Australian Foundation Investment Co.Ltd. (AFI), Scottish Mortgage Investment Trust (SMT), Standard Life Aberdeen (SLA), Commerzbank (CBK), Industrial Alliance Insur. & Fin. Ser. (IAG), JANUS/IDR UNRESTR (JHG), Argo Investments (ARG), Admiral Group (ADM), DWS Group & GmbH Co KgaA (DWS), St. James's Place (STJ), RSA Insurance Group (RSA), Phoenix Group (PHNX), Old Mutual (OMU), Challenger (CGF) and Element Fleet Management (EFN).
What other stocks do shareholders of Laurentian Bank of Canada own?
Who are Laurentian Bank of Canada's key executives?
Laurentian Bank of Canada's management team includes the folowing people:
- Mr. François Desjardins, Pres, CEO & Director (Age 48)
- Mr. François Laurin C.F.A., F.C.A., FCPA, FCA, CFA, CA, Exec. VP of Fin., Treasury, Capital Markets & CFO (Age 59)
- Ms. Deborah Rose, Exec. VP, COO & Chief Information Officer
- Mr. Stéphane Therrien, Exec. VP of Personal & Commercial Banking
- Mr. André Lopresti, Sr. VP & Chief Accountant
How do I buy shares of Laurentian Bank of Canada?
Shares of LB 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 LB stock can currently be purchased for approximately C$45.47.
How big of a company is Laurentian Bank of Canada?
What is Laurentian Bank of Canada's official website?
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 (TSE 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 LB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LB will underperform the S&P 500 over the long term. You may vote once every thirty days.
