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Laurentian Bank of Canada TSX:LB Stock Report

Last Price

CA$28.60

Market Cap

CA$1.3b

7D

-0.4%

1Y

5.6%

Updated

05 Jan, 2025

Data

Company Financials +

LB Stock Overview

Provides various financial services to personal, business, and institutional customers in Canada and the United States. More details

LB fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance0/6
Financial Health4/6
Dividends3/6

My Notes

Capture your thoughts, links and company narrative

Laurentian Bank of Canada Competitors

Price History & Performance

Summary of share price highs, lows and changes for Laurentian Bank of Canada
Historical stock prices
Current Share PriceCA$28.60
52 Week HighCA$31.74
52 Week LowCA$24.45
Beta1.27
1 Month Change-6.44%
3 Month Change7.44%
1 Year Change5.57%
3 Year Change-33.10%
5 Year Change-35.37%
Change since IPO236.47%

Recent News & Updates

Laurentian Bank of Canada (TSE:LB) Will Pay A Dividend Of CA$0.47

Dec 14
Laurentian Bank of Canada (TSE:LB) Will Pay A Dividend Of CA$0.47

Recent updates

Laurentian Bank of Canada (TSE:LB) Will Pay A Dividend Of CA$0.47

Dec 14
Laurentian Bank of Canada (TSE:LB) Will Pay A Dividend Of CA$0.47

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

Sep 03
Laurentian Bank of Canada (TSE:LB) Is Paying Out A Dividend Of CA$0.47

Laurentian Bank of Canada (TSE:LB) Has Announced A Dividend Of CA$0.47

Jun 20
Laurentian Bank of Canada (TSE:LB) Has Announced A Dividend Of CA$0.47

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

Shareholder Returns

LBCA BanksCA Market
7D-0.4%0.07%1.2%
1Y5.6%16.9%16.9%

Return vs Industry: LB underperformed the Canadian Banks industry which returned 16.9% over the past year.

Return vs Market: LB underperformed the Canadian Market which returned 16.9% 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 Movement8.3%
10% most volatile stocks in CA Market17.8%
10% least volatile stocks in CA Market2.9%

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

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

About the Company

FoundedEmployeesCEOWebsite
18462,703Eric Provostwww.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 Personal Banking and Commercial Banking, and the Capital Markets segments. The company offers checking, current, savings, and other accounts; personal line of credit; personal, student, short and long term, and business loans; equipment financing; equipment and inventory financing; credit cards; and mortgages.

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$1.26b
Earnings (TTM)-CA$17.92m
Revenue (TTM)CA$956.66m

0.5x

P/B Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LB income statement (TTM)
RevenueCA$956.66m
Cost of RevenueCA$0
Gross ProfitCA$956.66m
Other ExpensesCA$974.58m
Earnings-CA$17.92m

Last Reported Earnings

Oct 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.41
Gross Margin100.00%
Net Profit Margin-1.87%
Debt/Equity Ratio647.9%

How did LB perform over the long term?

See historical performance and comparison

Dividends

6.6%

Current Dividend Yield

-460%

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 DateJan 03 2025
Dividend Pay DateFeb 01 2025
Days until Ex dividend2 days
Days until Dividend pay date27 days

Does LB pay a reliable dividends?

See LB dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/05 02:16
End of Day Share Price 2025/01/03 00:00
Earnings2024/10/31
Annual Earnings2024/10/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Laurentian Bank of Canada is covered by 20 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John AikenBarclays
Sohrab MovahediBMO Capital Markets Equity Research
Scott ChanCanaccord Genuity