LB : Laurentian Bank of Canada Stock Profile

Last Updated:
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.
 

LB.TO Stock Price and Key Stats

LB Stock Key Stats

Exchange: TSX

Market Cap : $1227.659MM

PE Ratio:

Price: (Updated: )

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:

Canadian Western Bank

.

Banks – Regional Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
Canadian Western Bank (CWB) $5,173.743 18.263 0.0 2.6%
Laurentian Bank of Canada (LB) $1,227.659 N/A 0.0 6.7%
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)
    • CWB has higher EPS (2.93 vs -0.62). LB has higher dividend yield (6.7% vs 2.6%). LB has a P/E under 0, indicating CWB (P/E 18.263) is in a better position.
 
Our Recommendation: Hold
Shows positive EPS growth from this year to next, suggesting improving profitability.
 

How to Buy LB stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:
 
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