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
Stock Exchange TSE
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 Shares41,842,000
Market CapC$2,050.00
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 Friday, June 1st. Investors 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 annualized dividend and a yield of 5.57%. 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, topping the consensus estimate of $1.39 by $0.08. The business earned $259.89 million during the quarter, compared to analyst estimates 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 equities research analysts have issued 1 year price targets for Laurentian Bank of Canada's shares. Their forecasts range from C$49.00 to C$57.00. On average, they expect Laurentian Bank of Canada's stock price to reach C$54.00 in the next year. This suggests a possible upside of 17.5% from the stock's current price. View Analyst Ratings 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 1 sell rating, 4 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
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 NV (EPA) (ACKB), Magellan Financial Group (MFG), Euronext (ENX) and IG Grp HOLDINGS/S (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 of Fin., Treasury, Capital Markets & CFO (Age 58)
- Ms. Deborah Rose, Exec. VP of Intermediary Banking & Chief Information Officer
- Mr. Stéphane Therrien, Exec. VP of Personal & Commercial Banking
- Nathalie Généreux, Sr. VP of Operations and Expert Services
Has Laurentian Bank of Canada been receiving favorable news coverage?
Media stories about LB stock have been trending somewhat positive recently, according to Accern. The research group scores the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Laurentian Bank of Canada earned a media sentiment score of 0.06 on Accern's scale. They also gave news coverage about the company an impact score of 45.67 out of 100, indicating that recent news 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$45.96.
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 (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.
