Laurentian Bank of Canada (TSX: LB)
Canada
· Delayed Price · Currency is CAD | Market Cap | 1.13B |
| Revenue (ttm) | 1.44B |
| Net Income (ttm) | 166.46M |
| Shares Out | 43.73M |
| EPS (ttm) | 3.56 |
| PE Ratio | 7.39 |
| Forward PE | 6.79 |
| Dividend | 1.88 (7.21%) |
| Ex-Dividend Date | Mar 28, 2024 |
| Volume | 62,731 |
| Open | 26.25 |
| Previous Close | 26.22 |
| Day's Range | 26.02 - 26.29 |
| 52-Week Range | 24.92 - 48.23 |
| Beta | 1.27 |
| Analysts | n/a |
| Price Target | 27.36 (+4.87%) |
| Earnings Date | May 30, 2024 |
About Laurentian Bank of Canada
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 bankin... [Read more]
Financial Performance
In 2023, LB's revenue was 1.03 billion, a decrease of -0.84% compared to the previous year's 1.03 billion. Earnings were 181.09 million, a decrease of -20.08%.
Financial StatementsNews
Laurentian Bank: Preferreds Deliver Mighty Returns While Common Lags
Laurentian Bank to sell $2 billion in wealth-management assets
Net proceeds from transaction 'not expected to be material'
iA Financial to acquire Laurentian Bank Securities' retail investment broker division
Laurentian Bank Securities agrees to sell $2B of administered assets
Laurentian Bank of Canada has agreed to sell $2B in assets to iA Private Wealth, a subsidiary of Industrial Alliance Insurance and Financial Services.
iA Financial Group announces the acquisition of assets of Laurentian Bank Securities' retail full-service investment broker division
QUEBEC CITY , April 4, 2024 /CNW/ - iA Financial Group (TSX: IAG) announced today that it has entered into an agreement, through its subsidiary iA Private Wealth Inc. ("iAPW" or "iA Private Wealth"),...
Laurentian Bank, Former CEO Llewellyn Square Off on Severance Pay
Laurentian Bank of Canada is still in talks with Rania Llewellyn over her severance pay, months after she was abruptly terminated as chief executive officer.
Laurentian Bank of Canada (LRCDF) Q1 2024 Earnings Call Transcript
Laurentian Bank of Canada Non-GAAP EPS of C$0.91, revenue of C$258.3M
Laurentian Bank of Canada reports first quarter 2024 results
The financial information reported herein is based on the condensed interim consolidated (unaudited) information for the three-month period ended January 31, 2024 and has been prepared in accordance w...
Canada CPi reactions: Weak consumption is finally starting to impact pricing
The Canadian dollar is softer today after a CPI surprise. The monthly inflation report showed prices up 2.9% y/y compared to 3.3% expected. It's a welcome relief for Canadians but will it change the p...
Laurentian Bank of Canada's Dividend Analysis
Laurentian Bank of Canada's Dividend Analysis
Laurentian Bank: Preferreds Offer An Interesting Setup Into Reset
Laurentian Bank has replaced its CEO and named a new Chair of the Board following a major IT outage. Click here to read my analysis of LRCDF stock.
Laurentian Bank of Canada (LRCDF) Q4 2023 Earnings Call Transcript
Laurentian Bank of Canada (OTCPK:LRCDF) Q4 2023 Earnings Call Transcript December 7, 2023 9:00 AM ETCompany ParticipantsAndrew Chornenky - Vice President,...
Laurentian Bank of Canada Non-GAAP EPS of C$1.00, revenue of C$247.44M
Laurentian Bank of Canada reports Q4 Non-GAAP EPS of C$1.00 and a revenue decline of 5.1% YoY.
Laurentian Bank Misses Every Financial Target, Will Take Restructuring Charge
Laurentian Bank of Canada said it missed all of its financial goals for 2023 and will take a restructuring charge as it reduces costs. Its top executive said the lender will rewrite its strategic plan...
Live news: Laurentian Bank profit falls on restructuring costs, computer outage
The latest business news as it happens
Laurentian Bank of Canada reports 2023 results
The financial information reported herein is based on the condensed interim consolidated (unaudited) information for the three-month period ended October 31, 2023 and on the audited consolidated finan...
Laurentian Bank of Canada declares CAD 0.2577 dividend
Laurentian Bank of Canada (LB:CA) declares CAD 0.2577/share quarterly dividend, in line with previous. Forward yield 2.87% Payable Dec. 15; for shareholders of
B2B Bank, a Subsidiary of Laurentian Bank, Is Being Taken to Court by Victims & Non-Defaulting Borrowers - Borrowers Call upon Others in Similar Situation to Join Hands and Stand Against Ruthless Business Tactics
Toronto, Ontario--(Newsfile Corp. - November 9, 2023) - Adnan Rafiqui and an anonymous associate (the "Borrowers") are defending claims by Toronto-based B2B Bank, a subsidiary of Montreal-based Lauren...
Laurentian Bank Slides on Analyst Downgrade Over Credit Risks
Laurentian Bank of Canada’s mounting troubles have put its credit rating at risk, according to the latest analyst to downgrade the Montreal-based lender.
Laurentian Bank: For Sale Sign Pulled, CEO Ousted (Rating Downgrade)
Laurentian Bank's (LB:CA) strategy review concluded without a deal, causing the stock price to plummet. Check out why I'm downgrading the stock to a hold.
Recent turmoil shows Laurentian Bank’s history is catching up with it
John Turley-Ewart: CEO departure after bungled sale process hardly a surprise given bank's past underperformance
Laurentian Bank ‘Crisis’ Elevates New CEO After Chaotic Weekend
The leadership change at Laurentian Bank of Canada was so abrupt that the lender’s new chief executive officer, Eric Provost, only found out over the weekend that he would be taking over. By Monday mo...
Laurentian Bank replaces CEO after recent IT outage
Laurentian Bank announced on Monday that it has appointed Eric Provost as its new president and CEO, replacing Rania Llewellyn in the top job effective immediately. The move comes after Laurentian s...
Laurentian CEO Llewellyn Departs as Provost Takes Helm
Laurentian Bank of Canada said Chief Executive Officer Rania Llewellyn will leave immediately, to be replaced by personal and commercial banking chief Eric Provost. The bank’s chairman resigned.