S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
S&P 500   4,397.94
DOW   34,265.37
QQQ   351.69
TSE:LB

Laurentian Bank of Canada Stock Forecast, Price & News

C$42.35
-0.92 (-2.13%)
(As of 01/21/2022 12:00 AM ET)
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Today's Range
C$42.30
C$42.97
50-Day Range
C$36.70
C$44.35
52-Week Range
C$30.85
C$45.13
Volume
306,095 shs
Average Volume
205,048 shs
Market Capitalization
C$1.85 billion
P/E Ratio
41.12
Dividend Yield
4.07%
Beta
N/A
30 days | 90 days | 365 days | Advanced Chart
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Laurentian Bank of Canada logo

About Laurentian Bank of Canada

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.

Headlines

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Industry, Sector and Symbol

Industry
Banks - Regional - Canada
Sub-Industry
N/A
CIK
N/A
Fax
N/A
Employees
57,350
Year Founded
N/A

Sales & Book Value

Annual Sales
C$952.96 million
Cash Flow
C$150.02 per share
Book Value
C$57.79 per share

Profitability

Pretax Margin
N/A

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
C$1.85 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 11/1 Dividend
9/29/2021
Dividend Payable
11/01/2021
Last Earnings
12/10/2021
Ex-Dividend for 2/1 Dividend
12/31/2021
Today
1/23/2022
Dividend Payable
2/01/2022
Next Earnings (Estimated)
3/02/2022

MarketRank

Overall MarketRank

1.54 out of 5 stars

Analyst Opinion: 1.1Community Rank: 3.1Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -












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

Is Laurentian Bank of Canada a buy right now?

9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Laurentian Bank of Canada in the last twelve months. There are currently 1 sell rating, 5 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street 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.

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

Laurentian Bank of Canada's stock was trading at C$32.62 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, LB stock has increased by 29.8% and is now trading at C$42.35.
View which stocks have been most impacted by COVID-19
.

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

Laurentian Bank of Canada is scheduled to release its next quarterly earnings announcement on Wednesday, March 2nd 2022.
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) announced its earnings results on Friday, December, 10th. The company reported $1.06 EPS for the quarter, topping analysts' consensus estimates of $0.91 by $0.15. The firm had revenue of $250.43 million for the quarter, compared to the consensus estimate of $252.40 million.
View Laurentian Bank of Canada's earnings history
.

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 Thursday, December 9th. Stockholders of record on Monday, January 3rd will be paid a dividend of 0.44 per share on Tuesday, February 1st. This represents a $1.76 annualized dividend and a yield of 4.16%. The ex-dividend date of this dividend is Friday, December 31st. This is an increase from Laurentian Bank of Canada's previous quarterly dividend of C$0.40.
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$1.60 per share and currently has a dividend yield of 4.07%. 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 155.34%. 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?

9 brokerages have issued 1-year target prices for Laurentian Bank of Canada's stock. Their forecasts range from C$43.00 to C$52.00. On average, they anticipate Laurentian Bank of Canada's stock price to reach C$46.00 in the next twelve months. This suggests a possible upside of 8.6% from the stock's current price.
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:
  • Ms. Rania Llewellyn, Pres, CEO & Director (Age 44, Pay $702.68k)
  • Mr. William Mason, Exec. VP & Chief Risk Officer
  • Mr. Yvan Deschamps, Exec. VP & CFO
  • Mr. Yves Denomme, Exec. VP of Operations
  • 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

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 (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$42.35.

How much money does Laurentian Bank of Canada make?

Laurentian Bank of Canada has a market capitalization of C$1.85 billion and generates C$952.96 million in revenue each year.

How many employees does Laurentian Bank of Canada have?

Laurentian Bank of Canada employs 57,350 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?

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 1/23/2022 by MarketBeat.com Staff

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