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Laurentian Bank of Canada TSX:LB Stock Report

Last Price

CA$28.50

Market Cap

CA$1.2b

7D

3.0%

1Y

-11.4%

Updated

27 Mar, 2024

Data

Company Financials +

LB Stock Overview

Laurentian Bank of Canada, together with its subsidiaries, provides various financial services to personal, business, and institutional customers in Canada and the United States.

LB fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends3/6

Laurentian Bank of Canada Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Laurentian Bank of Canada
Historical stock prices
Current Share PriceCA$28.50
52 Week HighCA$48.23
52 Week LowCA$24.92
Beta1.27
1 Month Change6.46%
3 Month Change3.64%
1 Year Change-11.41%
3 Year Change-28.80%
5 Year Change-31.03%
Change since IPO235.29%

Recent News & Updates

Laurentian Bank of Canada (TSE:LB) Is Paying Out A Dividend Of CA$0.47

Mar 07
Laurentian Bank of Canada (TSE:LB) Is Paying Out A Dividend Of CA$0.47

Recent updates

Laurentian Bank of Canada (TSE:LB) Is Paying Out A Dividend Of CA$0.47

Mar 07
Laurentian Bank of Canada (TSE:LB) Is Paying Out A Dividend Of CA$0.47

Laurentian Bank of Canada's (TSE:LB) Dividend Will Be Increased To CA$0.47

Jun 06
Laurentian Bank of Canada's (TSE:LB) Dividend Will Be Increased To CA$0.47

Here's Why Laurentian Bank of Canada (TSE:LB) Has Caught The Eye Of Investors

Jun 02
Here's Why Laurentian Bank of Canada (TSE:LB) Has Caught The Eye Of Investors

Laurentian Bank of Canada (TSE:LB) Is Paying Out A Larger Dividend Than Last Year

Dec 13
Laurentian Bank of Canada (TSE:LB) Is Paying Out A Larger Dividend Than Last Year

Laurentian Bank of Canada's (TSE:LB) Dividend Will Be Increased To CA$0.45

Jun 08
Laurentian Bank of Canada's (TSE:LB) Dividend Will Be Increased To CA$0.45

Laurentian Bank of Canada's (TSE:LB) Shareholders Will Receive A Bigger Dividend Than Last Year

Dec 16
Laurentian Bank of Canada's (TSE:LB) Shareholders Will Receive A Bigger Dividend Than Last Year

Laurentian Bank of Canada (TSE:LB) Has Announced A Dividend Of CA$0.40

Sep 20
Laurentian Bank of Canada (TSE:LB) Has Announced A Dividend Of CA$0.40

Laurentian Bank of Canada (TSE:LB) Has Re-Affirmed Its Dividend Of CA$0.40

Sep 06
Laurentian Bank of Canada (TSE:LB) Has Re-Affirmed Its Dividend Of CA$0.40

Laurentian Bank of Canada (TSE:LB) Has Affirmed Its Dividend Of CA$0.40

Jun 06
Laurentian Bank of Canada (TSE:LB) Has Affirmed Its Dividend Of CA$0.40

What Type Of Returns Would Laurentian Bank of Canada's(TSE:LB) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

Feb 17
What Type Of Returns Would Laurentian Bank of Canada's(TSE:LB) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?

It Might Not Be A Great Idea To Buy Laurentian Bank of Canada (TSE:LB) For Its Next Dividend

Dec 26
It Might Not Be A Great Idea To Buy Laurentian Bank of Canada (TSE:LB) For Its Next Dividend

Shareholder Returns

LBCA BanksCA Market
7D3.0%1.1%0.4%
1Y-11.4%7.5%9.0%

Return vs Industry: LB underperformed the Canadian Banks industry which returned 7.7% over the past year.

Return vs Market: LB underperformed the Canadian Market which returned 9% over the past year.

Price Volatility

Is LB's price volatile compared to industry and market?
LB volatility
LB Average Weekly Movement3.3%
Banks Industry Average Movement2.2%
Market Average Movement8.5%
10% most volatile stocks in CA Market18.4%
10% least volatile stocks in CA Market3.1%

Stable Share Price: LB has not had significant price volatility in the past 3 months.

Volatility Over Time: LB's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18463,000Eric Provosthttps://www.laurentianbank.ca

Laurentian Bank of Canada, together with its subsidiaries, provides various financial services to personal, business, and institutional customers in Canada and the United States. It operates through three segments: Personal Banking, Commercial Banking, and Capital Markets. The Personal Banking segment offers financial services, such as financial advisory services to financial intermediaries; and operates digital direct-to-customer platform to retail clients.

Laurentian Bank of Canada Fundamentals Summary

How do Laurentian Bank of Canada's earnings and revenue compare to its market cap?
LB fundamental statistics
Market capCA$1.25b
Earnings (TTM)CA$154.68m
Revenue (TTM)CA$960.71m

8.1x

P/E Ratio

0.5x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LB income statement (TTM)
RevenueCA$960.71m
Cost of RevenueCA$0
Gross ProfitCA$960.71m
Other ExpensesCA$806.03m
EarningsCA$154.68m

Last Reported Earnings

Jan 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)3.54
Gross Margin100.00%
Net Profit Margin16.10%
Debt/Equity Ratio583.5%

How did LB perform over the long term?

See historical performance and comparison

Dividends

6.6%

Current Dividend Yield

53%

Payout Ratio

Does LB pay a reliable dividends?

See LB dividend history and benchmarks
When do you need to buy LB by to receive an upcoming dividend?
Laurentian Bank of Canada dividend dates
Ex Dividend DateMar 28 2024
Dividend Pay DateMay 01 2024
Days until Ex dividend0 days
Days until Dividend pay date34 days

Does LB pay a reliable dividends?

See LB dividend history and benchmarks
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