company background image
LB

Laurentian Bank of Canada TSX:LB Stock Report

Last Price

CA$31.65

Market Cap

CA$1.4b

7D

-0.9%

1Y

-26.1%

Updated

23 Mar, 2023

Data

Company Financials +

LB Stock Overview

About the company

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. The Commercial Banking segment provides financial services, including commercial banking, real estate financing, and equipment and inventory financing to business clients. The Capital Markets segment offers a range of services, such as research, market analysis, and advisory services; corporate underwriting services for debt and equity; and administrative services. The company was founded in 1846 and is headquartered in Montreal, Canada.

Snowflake Analysis

LB fundamental analysis
Snowflake Score
Valuation6/6
Future Growth2/6
Past Performance3/6
Financial Health5/6
Dividends2/6

My Notes

Capture your thoughts, links and company narrative

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$31.65
52 Week HighCA$43.42
52 Week LowCA$28.23
Beta1.15
1 Month Change-8.79%
3 Month Change-3.59%
1 Year Change-26.09%
3 Year Change0.38%
5 Year Change-33.17%
Change since IPO88.96%

Recent News & Updates

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

Recent updates

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
7D-0.9%-2.1%-0.3%
1Y-26.1%-19.7%-12.3%

Return vs Industry: LB underperformed the Canadian Banks industry which returned -18.9% over the past year.

Return vs Market: LB underperformed the Canadian Market which returned -12% over the past year.

Price Volatility

Is LB's price volatile compared to industry and market?
LB volatility
LB Average Weekly Movement2.9%
Banks Industry Average Movement2.6%
Market Average Movement9.2%
10% most volatile stocks in CA Market18.0%
10% least volatile stocks in CA Market3.8%

Stable Share Price: LB is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 3% a week.

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

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$1.37b
Earnings (TTM)CA$211.20m
Revenue (TTM)CA$973.85m

6.5x

P/E Ratio

0.5x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LB income statement (TTM)
RevenueCA$973.85m
Cost of RevenueCA$0
Gross ProfitCA$973.85m
Other ExpensesCA$762.66m
EarningsCA$211.20m

Last Reported Earnings

Jan 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)4.87
Gross Margin100.00%
Net Profit Margin21.69%
Debt/Equity Ratio543.2%

How did LB perform over the long term?

See historical performance and comparison

Dividends

5.8%

Current Dividend Yield

37%

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 31 2023
Dividend Pay DateMay 01 2023
Days until Ex dividend7 days
Days until Dividend pay date38 days

Does LB pay a reliable dividends?

See LB dividend history and benchmarks