S&P 500   3,829.34 (-2.45%)
DOW   31,402.01 (-1.75%)
QQQ   312.82 (-3.49%)
AAPL   120.97 (-3.49%)
MSFT   229.87 (-2.00%)
FB   254.69 (-3.64%)
GOOGL   2,020.18 (-3.05%)
AMZN   3,057.16 (-3.24%)
TSLA   679.02 (-8.49%)
NVDA   534.95 (-7.76%)
BABA   240.37 (-3.98%)
CGC   33.15 (-6.88%)
GE   12.76 (-2.74%)
MU   88.31 (-4.55%)
NIO   47.00 (-9.37%)
AMD   82.42 (-5.20%)
T   28.74 (-2.18%)
F   11.76 (-4.16%)
ACB   10.81 (-7.13%)
DIS   191.50 (-3.04%)
BA   216.80 (-5.47%)
NFLX   547.49 (-1.07%)
BAC   35.96 (-1.15%)
S&P 500   3,829.34 (-2.45%)
DOW   31,402.01 (-1.75%)
QQQ   312.82 (-3.49%)
AAPL   120.97 (-3.49%)
MSFT   229.87 (-2.00%)
FB   254.69 (-3.64%)
GOOGL   2,020.18 (-3.05%)
AMZN   3,057.16 (-3.24%)
TSLA   679.02 (-8.49%)
NVDA   534.95 (-7.76%)
BABA   240.37 (-3.98%)
CGC   33.15 (-6.88%)
GE   12.76 (-2.74%)
MU   88.31 (-4.55%)
NIO   47.00 (-9.37%)
AMD   82.42 (-5.20%)
T   28.74 (-2.18%)
F   11.76 (-4.16%)
ACB   10.81 (-7.13%)
DIS   191.50 (-3.04%)
BA   216.80 (-5.47%)
NFLX   547.49 (-1.07%)
BAC   35.96 (-1.15%)
S&P 500   3,829.34 (-2.45%)
DOW   31,402.01 (-1.75%)
QQQ   312.82 (-3.49%)
AAPL   120.97 (-3.49%)
MSFT   229.87 (-2.00%)
FB   254.69 (-3.64%)
GOOGL   2,020.18 (-3.05%)
AMZN   3,057.16 (-3.24%)
TSLA   679.02 (-8.49%)
NVDA   534.95 (-7.76%)
BABA   240.37 (-3.98%)
CGC   33.15 (-6.88%)
GE   12.76 (-2.74%)
MU   88.31 (-4.55%)
NIO   47.00 (-9.37%)
AMD   82.42 (-5.20%)
T   28.74 (-2.18%)
F   11.76 (-4.16%)
ACB   10.81 (-7.13%)
DIS   191.50 (-3.04%)
BA   216.80 (-5.47%)
NFLX   547.49 (-1.07%)
BAC   35.96 (-1.15%)
S&P 500   3,829.34 (-2.45%)
DOW   31,402.01 (-1.75%)
QQQ   312.82 (-3.49%)
AAPL   120.97 (-3.49%)
MSFT   229.87 (-2.00%)
FB   254.69 (-3.64%)
GOOGL   2,020.18 (-3.05%)
AMZN   3,057.16 (-3.24%)
TSLA   679.02 (-8.49%)
NVDA   534.95 (-7.76%)
BABA   240.37 (-3.98%)
CGC   33.15 (-6.88%)
GE   12.76 (-2.74%)
MU   88.31 (-4.55%)
NIO   47.00 (-9.37%)
AMD   82.42 (-5.20%)
T   28.74 (-2.18%)
F   11.76 (-4.16%)
ACB   10.81 (-7.13%)
DIS   191.50 (-3.04%)
BA   216.80 (-5.47%)
NFLX   547.49 (-1.07%)
BAC   35.96 (-1.15%)
Log in
TSE:LB

Laurentian Bank of Canada Stock Forecast, Price & News

C$34.32
-0.63 (-1.80 %)
(As of 02/25/2021 04:00 PM ET)
Add
Compare
Today's Range
C$33.98
Now: C$34.32▼
C$35.23
50-Day Range
C$30.90
MA: C$32.03▼
C$33.33
52-Week Range
C$25.74
Now: C$34.32▼
C$42.64
Volume354,323 shs
Average Volume214,634 shs
Market CapitalizationC$1.48 billion
P/E Ratio14.49
Dividend Yield4.58%
BetaN/A
Laurentian Bank of Canada, together with its subsidiaries, provides various financial services to individuals, business, and institutional customers in Canada and the United States. It operates through Personal, Business Services, and Institutional segments. The company offers notice, demand, and term deposits; commercial, residential mortgage, and personal loans; equipment and inventory, and real estate financing; and credit life and disability insurance products. It also provides investment securities; research, market analysis, and advisory services; corporate underwriting services for debt and equity; administrative and foreign exchange; and trustee services. It sells its products through the bank's financial clinics, advisors, broker channels, and digital platforms. Laurentian Bank of Canada was founded in 1846 and is headquartered in Montréal, Canada.
Laurentian Bank of Canada logo

Headlines

Canada Banks Exit Pandemic Year With Profit Growth in Reach
February 19, 2021 |  bloomberg.com
Laurentian Bank Acknowledges CIRB Decision
February 9, 2021 |  finance.yahoo.com
Don't Race Out To Buy Laurentian Bank of Canada (TSE:LB) Just Because It's Going Ex-Dividend
December 26, 2020 |  finance.yahoo.com
Cash Piles, Vaccines Force Economists to Rethink Canada Outlook
December 23, 2020 |  bloomberg.com
Laurentian Bank Recognizes the Exceptional Contribution of Mr. Claude Castonguay
December 14, 2020 |  finance.yahoo.com
Laurentian Bank Financial Group reports 2020 results
December 4, 2020 |  finance.yahoo.com
Laurentian Bank Financial Group declares dividends on its common shares
December 4, 2020 |  finance.yahoo.com
Canada Revenue Agency: Are You Eligible for the $2,000/Month CRB?
October 28, 2020 |  msn.com
Laurentian names Rania Llewellyn as its next CEO; first woman to head major Canadian bank
October 20, 2020 |  theglobeandmail.com
Laurentian Names Llewellyn CEO in First for Women in Canada
October 20, 2020 |  bloomberg.com
How eight bank stock valuations are faring in a low interest rate world
October 19, 2020 |  theglobeandmail.com
Don't Buy Laurentian Bank of Canada (TSE:LB) For Its Next Dividend Without Doing These Checks
September 25, 2020 |  finance.yahoo.com
See More Headlines

Industry, Sector and Symbol

Stock Exchange TSE
Industry Banks - Regional - Canada
Sub-IndustryN/A
SectorFinancial Services
Current SymbolTSE:LB
Previous Symbol
CUSIPN/A
CIKN/A
Webwww.laurentianbank.ca
Phone+1-514-2844500
Employees2,939
Year FoundedN/A

Debt

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

Price-To-Earnings

Trailing P/E Ratio14.49
Forward P/E Ratio10.28
P/E Growth2.05

Sales & Book Value

Annual SalesC$854.71 million
Price / Sales1.74
Cash FlowC$168.48 per share
Price / Cash Flow0.20
Book ValueC$54.75 per share
Price / Book0.63

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

Outstanding Shares43,238,000
Market CapC$1.48 billion
Next Earnings Date2/26/2021 (Estimated)
OptionableOptionable

MarketRank™

Overall MarketRank™

1.16 out of 5 stars

Analyst Opinion: 0.8Community Rank: 1.5Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -
C$34.32
-0.63 (-1.80 %)
(As of 02/25/2021 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive LB News and Ratings via Email

Sign-up to receive the latest news and ratings for LB and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











Laurentian Bank of Canada (TSE:LB) Frequently Asked Questions

Is Laurentian Bank of Canada a buy right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Laurentian Bank of Canada in the last twelve months. There are currently 3 sell ratings and 3 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Laurentian Bank of Canada stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LB, but not buy additional shares or sell existing shares.
View analyst ratings for Laurentian Bank of Canada or view top-rated stocks.

What stocks does MarketBeat like better than Laurentian Bank of Canada?

Wall Street analysts have given Laurentian Bank of Canada a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Laurentian Bank of Canada wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Laurentian Bank of Canada's next earnings date?

Laurentian Bank of Canada is scheduled to release its next quarterly earnings announcement on Friday, February 26th 2021.
View our earnings forecast for Laurentian Bank of Canada.

How were Laurentian Bank of Canada's earnings last quarter?

Laurentian Bank of Canada (TSE:LB) posted its quarterly earnings results on Friday, December, 4th. The company reported $0.91 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.16. The company earned $243.54 million during the quarter, compared to the consensus estimate of $241 million.
View Laurentian Bank of Canada's earnings history.

How has Laurentian Bank of Canada's stock been impacted by Coronavirus (COVID-19)?

Laurentian Bank of Canada's stock was trading at C$32.62 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, LB shares have increased by 5.2% and is now trading at C$34.32.
View which stocks have been most impacted by COVID-19.

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 Thursday, December 31st. Investors of record on Monday, February 1st will be paid a dividend of 0.40 per share on Monday, February 1st. This represents a $1.60 annualized dividend and a yield of 4.66%. The ex-dividend date of this dividend is Thursday, December 31st.
View Laurentian Bank of Canada's dividend history.

Is Laurentian Bank of Canada a good dividend stock?

Laurentian Bank of Canada pays an annual dividend of C$2.14 per share and currently has a dividend yield of 4.58%. LB has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Laurentian Bank of Canada is 90.37%. Payout ratios above 75% are not desirable because they may not be sustainable.
View Laurentian Bank of Canada's dividend history.

What price target have analysts set for LB?

6 equities research analysts have issued 1-year target prices for Laurentian Bank of Canada's stock. Their forecasts range from C$26.50 to C$35.00. On average, they expect Laurentian Bank of Canada's share price to reach C$31.28 in the next year. This suggests that the stock has a possible downside of 8.9%.
View analysts' price targets for Laurentian Bank of Canada or view top-rated stocks among Wall Street analysts.

Who are Laurentian Bank of Canada's key executives?

Laurentian Bank of Canada's management team includes the following people:
  • Mr. Francois Laurin C.F.A., F.C.A., FCPA, FCA, CFA, CA, Exec. VP of Fin., Treasury & CFO (Age 61, Pay $651.1k)
  • Mr. William Mason, Exec. VP & Chief Risk Officer
  • Ms. Rania Llewellyn, Pres, CEO & Director
  • Mr. André Lopresti, Sr. VP & Chief Accountant
  • Ms. Susan Cohen, Director of Investor Relations
  • Emmanuela Fleurandin, Sr. Legal Counsel & Assistant Sec.
  • Helene Soulard, Assistant VP of Communications
  • Mr. Sebastien Belair, Exec. VP & Chief HR Officer
  • Mr. Rick C. Lane, SVP of Real Estate Financing and VP of Real Estate Financing - Ontario & Western Canada
  • Mr. Claude Jobin, Chief Accountant & VP of Commercial Credit

Who are some of Laurentian Bank of Canada's key competitors?

Some companies that are related to Laurentian Bank of Canada include Element Fleet Management Corp. (EFN.TO) (EFN), Intermediate Capital Group (ICP), M&G (MNG), Octagonal Plc (OCT.L) (OCT), AIB Group (AIBG), F&C Investment Trust (FCIT), Jardine Lloyd Thompson Group (JLT), CI Financial Corp (CIX.TO) (CIX), Hypoport (HYQ), RIT Capital Partners (RCP.L) (RCP), Monks Investment Trust (MNKS.L) (MNKS), Old Mutual (OMU), Brookfield Infrastructure (BIPC), International Public Partnerships (INPP) and Virgin Money UK (VMUK).
View all of LB's competitors.

What other stocks do shareholders of Laurentian Bank of Canada own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Laurentian Bank of Canada investors own include CA (CA), Hawkins (HWKN), BlackRock (BLK), Endologix (ELGX), Intact Financial (IFC), Constellation Software (CSU), Athabasca Oil Co. (ATH.TO) (ATH), Chipotle Mexican Grill (CMG), Aegean Marine Petroleum Network (ANW) and NIC (EGOV).

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 do I buy shares of Laurentian Bank of Canada?

Shares of LB and other Canadian stocks can be purchased through an online brokerage account. Popular online brokerages with access to the Canadian stock market include BMO InvestorLine, CIBC Investor's Edge, Desjardins Online Brokerage, HSBC InvestDirect, Laurentian Bank Discount Brokerage, National Bank Direct Brokerage, Qtrade Investor, Questrade, RBC Direct Investing, Scotia iTrade, TD Direct Investing, and Virtual Brokers.
Compare Top Brokerages Here.

What is Laurentian Bank of Canada's stock price today?

One share of LB stock can currently be purchased for approximately C$34.32.

How much money does Laurentian Bank of Canada make?

Laurentian Bank of Canada has a market capitalization of C$1.48 billion and generates C$854.71 million in revenue each year.

How many employees does Laurentian Bank of Canada have?

Laurentian Bank of Canada employs 2,939 workers across the globe.

What is Laurentian Bank of Canada's official website?

The official website for Laurentian Bank of Canada is www.laurentianbank.ca.

Where are Laurentian Bank of Canada's headquarters?

Laurentian Bank of Canada is headquartered at Tour Banque Laurentienne 1420-1981 McGill College Ave, MONTREAL, QC H3A 3K3, Canada.

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.


This page was last updated on 2/25/2021 by MarketBeat.com Staff
Receive Analysts' Upgrades and Downgrades Daily

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.