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

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C$45.71 -0.04 (-0.09 %)
(As of 02/22/2019 04:00 PM ET)
Previous CloseC$45.71
Today's RangeC$45.62 - C$46.00
52-Week RangeC$36.21 - C$53.62
Volume194,800 shs
Average Volume323,737 shs
Market CapitalizationC$1.92 billion
P/E Ratio8.96
Dividend Yield5.68%
BetaN/A
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. 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 leasing solutions, cash management and international services, and electronic banking services. Laurentian Bank of Canada was founded in 1846 and is headquartered in Montréal, Canada.

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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

Debt

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

Price-To-Earnings

Trailing P/E Ratio8.96
Forward P/E Ratio8.48
P/E Growth1.61

Sales & Book Value

Annual SalesC$999.41 million
Price / Sales1.92
Cash FlowC$169.63 per share
Price / Cash Flow0.27
Book ValueC$53.53 per share
Price / Book0.85

Profitability

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

Miscellaneous

Employees3,600
Outstanding Shares41,996,000
Market CapC$1.92 billion
Next Earnings Date2/27/2019 (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 Monday, December 31st. Investors of record on Friday, February 1st will be given a dividend of 0.65 per share on Friday, February 1st. This represents a $2.60 dividend on an annualized basis and a yield of 5.69%. The ex-dividend date of this dividend is Monday, December 31st. This is a positive change from Laurentian Bank of Canada's previous quarterly dividend of $0.64. 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 data on Wednesday, December, 5th. The company reported $1.22 earnings per share for the quarter, missing the Zacks' consensus estimate of $1.28 by $0.06. The business had revenue of $255.86 million for the quarter, compared to the consensus estimate of $264.80 million. View Laurentian Bank of Canada's Earnings History.

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

Laurentian Bank of Canada is scheduled to release their next quarterly earnings announcement on Wednesday, February 27th 2019. View Earnings Estimates for Laurentian Bank of Canada.

What price target have analysts set for LB?

7 brokers have issued 1 year price objectives for Laurentian Bank of Canada's shares. Their predictions range from C$40.00 to C$52.00. On average, they anticipate Laurentian Bank of Canada's share price to reach C$45.80 in the next twelve months. This suggests a possible upside of 0.2% from the stock's current price. View Analyst Price Targets for Laurentian Bank of Canada.

What is the consensus analysts' recommendation for Laurentian Bank of Canada?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Laurentian Bank of Canada in the last year. There are currently 1 sell rating, 5 hold ratings and 1 buy rating 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 coverage about LB stock has been trending neutral on Saturday, InfoTrie reports. The research group ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Laurentian Bank of Canada earned a daily sentiment score of 0.1 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the stock's share price in the immediate future.

Who are some of Laurentian Bank of Canada's key 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 Intact Financial (IFC), Constellation Software (CSU), Hawkins (HWKN), CA (CA), BlackRock (BLK), Endologix (ELGX), AutoCanada (ACQ), Athabasca Oil (ATH), Alimentation Couche-Tard (ATD.B) and Chipotle Mexican Grill (CMG).

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, COO & Exec. VP
  • 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$45.71.

How big of a company is Laurentian Bank of Canada?

Laurentian Bank of Canada has a market capitalization of C$1.92 billion and generates C$999.41 million in revenue each year. Laurentian Bank of Canada employs 3,600 workers across the globe.

What is Laurentian Bank of Canada's official website?

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

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)

Community Ranking:  1.4 out of 5 (star)
Outperform Votes:  227 (Vote Outperform)
Underperform Votes:  574 (Vote Underperform)
Total Votes:  801
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.
This page was last updated on 2/23/2019 by MarketBeat.com Staff

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