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 and leasing solutions. It also provides investment products, including fixed-rate investments, indexed investments, mutual funds, systematic savings plans, retirement projection plans, registered plans, bank securities, deposit-insurance, and power-of-attorneys; short-term and long-term investment solutions; and guaranteed investment certificates, as well as offers credit insurance products. In addition, the company offers advising services in the areas of portfolio management, personal finances management, and financial planning; securities brokerage services; and foreign trade services, as well as cash management and international services. Laurentian Bank of Canada was founded in 1846 and is headquartered in Montréal, Canada.
Industry, Sector and Symbol
Industry Banks - Regional - Canada
Sub-IndustryN/A
SectorFinancial Services
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
EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net Margins21.88%
Return on Equity11.79%
Return on Assets0.51%
Miscellaneous
EmployeesN/A
Outstanding Shares41,721,000
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 Friday, June 1st. Shareholders of record on Monday, July 2nd will be paid a dividend of 0.64 per share on Wednesday, August 1st. This represents a $2.56 dividend on an annualized basis and a yield of 5.61%. The ex-dividend date of this dividend is Thursday, June 28th. This is a boost from Laurentian Bank of Canada's previous quarterly dividend of $0.63. View Laurentian Bank of Canada's Dividend History.
How were Laurentian Bank of Canada's earnings last quarter?
Laurentian Bank of Canada (TSE:LB) issued its quarterly earnings data on Friday, June, 1st. The company reported $1.47 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.39 by $0.08. The company earned $259.89 million during the quarter, compared to the consensus estimate of $267.15 million. Laurentian Bank of Canada had a return on equity of 11.79% and a net margin of 21.88%. 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 analysts have issued 12-month price objectives for Laurentian Bank of Canada's stock. Their forecasts range from C$49.00 to C$57.00. On average, they anticipate Laurentian Bank of Canada's stock price to reach C$54.00 in the next twelve months. View Analyst Ratings 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 CI Financial (CIX), ADMIRAL Grp/ADR (AMIGY), IGM Financial (IGIFF), Challenger (CGF), RSA Insurance Group (RSA), St. James's Place (STJ), CI Financial (CIFAF), Investec (INVP), Industrial Alliance Insur. & Fin. Ser. (IAG), Investec (IVTJF), Admiral Group (ADM), Ackermans & van Haaren (ACKB), Magellan Financial Group (MFG), Euronext Amsterdam (ENX) and IG Group (IGGHY).
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 47)
- Mr. François Laurin C.F.A., F.C.A., FCPA, FCA, CFA, CA, Exec. VP & CFO (Age 58)
- Ms. Deborah Rose, Exec. VP of Intermediary Banking & Chief Information Officer
- Mr. Stéphane Therrien, Exec. VP of Personal & Commercial Banking
- Ms. Susan Kudzman F.S.A., FSA, FICA, CERA, Exec. VP, Chief Risk Officer & Corp. Affairs Officer (Age 55)
Has Laurentian Bank of Canada been receiving favorable news coverage?
News headlines about LB stock have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group ranks the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Laurentian Bank of Canada earned a news sentiment score of 0.07 on Accern's scale. They also gave news stories about the company an impact score of 46.90 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
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$45.60.
How big of a company is Laurentian Bank of Canada?
Laurentian Bank of Canada has a market capitalization of C$2.05 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)
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.
