Laurentian Bank of Canada trades with the ticker LB on the TSX and is in the Banks – Regional industry.
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. 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.
Looking to invest in Laurentian Bank of Canada? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.
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LB.TO Stock Price and Key Stats
ETF Key Stats
Exchange: TSX
Market Cap : $1199.632MM
PE Ratio: 7.727
Price: 28.48 (Updated: 3/12/2024 0:47:16)
Laurentian Bank of Canada (LB) vs Competitors in Banks – Regional
Lets see how LB.TO stacks up against others in the Banks – Regional asset management industry. We have identified its main peers as: .Banks – Regional Industry Comparisons
| Company | Market Cap ($MM) | P/E Ratio | EV/EBITDA | Dividend Yield |
|---|---|---|---|---|
| Canadian Western Bank (CWB) | $2,700.604 | 8.482 | 0.0 | 4.8% |
| Laurentian Bank of Canada (LB) | $1,199.632 | 7.727 | 0.0 | 6.8% |
EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield
Comparisons within Banks – Regional
- Laurentian Bank of Canada (LB) vs Canadian Western Bank (CWB)
- LB has higher EPS (3.55 vs 3.3). LB has higher dividend yield (6.8% vs 4.8%). CWB has a higher P/E ratio (8.482 vs 7.727) indicating it’s more expensive.
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
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