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Laurentian Bank of Canada TSX:LB Stock Report

Last Price

CA$29.29

Market Cap

CA$1.3b

7D

3.2%

1Y

15.3%

Updated

26 Nov, 2024

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

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$29.29
52 Week HighCA$29.49
52 Week LowCA$24.45
Beta1.25
11 Month Change10.82%
3 Month Change9.05%
1 Year Change15.32%
33 Year Change-20.19%
5 Year Change-36.02%
Change since IPO244.59%

Recent News & Updates

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

Recent updates

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

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?

Shareholder Returns

LBCA BanksCA Market
7D3.2%1.4%1.7%
1Y15.3%30.5%24.0%

Return vs Industry: LB underperformed the Canadian Banks industry which returned 30.5% over the past year.

Return vs Market: LB underperformed the Canadian Market which returned 24% over the past year.

Price Volatility

Is LB's price volatile compared to industry and market?
LB volatility
LB Average Weekly Movement2.8%
Banks Industry Average Movement2.3%
Market Average Movement8.3%
10% most volatile stocks in CA Market17.6%
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
18462,800Eric 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 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$1.29b
Earnings (TTM)-CA$27.32m
Revenue (TTM)CA$947.10m

0.5x

P/B Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LB income statement (TTM)
RevenueCA$947.10m
Cost of RevenueCA$0
Gross ProfitCA$947.10m
Other ExpensesCA$974.42m
Earnings-CA$27.32m

Last Reported Earnings

Jul 31, 2024

Next Earnings Date

Dec 06, 2024

Earnings per share (EPS)-0.62
Gross Margin100.00%
Net Profit Margin-2.88%
Debt/Equity Ratio638.8%

How did LB perform over the long term?

See historical performance and comparison

Dividends

6.4%

Current Dividend Yield

-301%

Payout Ratio