Laurentian Bank Of Canada is a banks - regional business based in Canada. Laurentian Bank Of Canada stocks (LB.TO) are listed on the Toronto Stock Exchange (TSX) and all prices are listed in Canadian dollars. Its last market close was C$25.8 – an increase of 0.58% over the previous week. Laurentian Bank Of Canada employs 3,000 staff and has a trailing 12-month revenue of around C$960.7 million.
Since the stock market crash in March caused by coronavirus, Laurentian Bank Of Canada's stock price has had significant negative movement.
Its last market close was C$25.9, which is 41.12% down on its pre-crash value of C$43.99 and 3.59% down on the lowest point reached during the March crash when the stocks fell as low as C$26.83.
If you had bought C$1,000 worth of Laurentian Bank Of Canada stocks at the start of February 2020, those stocks would have been worth C$617.34 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth C$592.85.
| Latest market close | C$25.9 |
|---|---|
| 52-week range | C$24.0957 - C$45.912 |
| 50-day moving average | C$27.1258 |
| 200-day moving average | C$29.8416 |
| Wall St. target price | C$27.36 |
| PE ratio | 7.2958 |
| Dividend yield | C$1.87 (7.29%) |
| Earnings per share (TTM) | C$3.55 |
Note: The dollar amounts in the table below are in Canadian dollars.
Historical closes compared with the last close of C$25.9
| 1 week (2024-04-18) | 0.66% |
|---|---|
| 1 month (2024-03-28) | -7.57% |
| 3 months (2024-01-26) | -4.36% |
| 6 months (2023-10-27) | 2.53% |
| 1 year (2023-04-28) | -19.59% |
|---|---|
| 2 years (2022-04-28) | -33.66% |
| 3 years (2021-04-28) | -39.54% |
| 5 years (2019-04-26) | -38.44% |
Valuing Laurentian Bank Of Canada stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Laurentian Bank Of Canada's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Laurentian Bank Of Canada's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, Laurentian Bank Of Canada stocks trade at around 7x recent earnings.
Laurentian Bank Of Canada's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.85. A low ratio can be interpreted as meaning the stocks offer better value, while a higher ratio can be interpreted as meaning the stocks offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Laurentian Bank Of Canada's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.
| Revenue TTM | CADC$960.7 million |
|---|---|
| Operating margin TTM | 20.58% |
| Gross profit TTM | CADC$977.4 million |
| Return on assets TTM | 0.34% |
| Return on equity TTM | 5.85% |
| Profit margin | 17.33% |
| Book value | C$63.21 |
| Market capitalisation | CADC$1.1 billion |
TTM: trailing 12 months
Dividend payout ratio: 43.82% of net profits
Recently Laurentian Bank Of Canada has paid out, on average, around 43.82% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 7.29% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Laurentian Bank Of Canada shareholders could enjoy a 7.29% return on their shares, in the form of dividend payments. In Laurentian Bank Of Canada's case, that would currently equate to about C$1.87 per share.
While Laurentian Bank Of Canada's payout ratio might seem fairly standard, it's worth remembering that Laurentian Bank Of Canada may be investing much of the rest of its net profits in future growth.
Laurentian Bank Of Canada's most recent dividend payout was on 30 April 2024. The latest dividend was paid out to all shareholders who bought their stocks by 27 March 2024 (the "ex-dividend date").
Laurentian Bank Of Canada stocks were split on a 2:1 basis on 30 May 2000. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Laurentian Bank Of Canada stocks – just the quantity. However, indirectly, the new 50% lower stock price could have impacted the market appetite for Laurentian Bank Of Canada stocks which in turn could have impacted Laurentian Bank Of Canada's stock price.
Over the last 12 months, Laurentian Bank Of Canada's stocks have ranged in value from as little as C$24.0957 up to C$45.912. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a stocks volatility in relation to the market. The market (TO average) beta is 1, while Laurentian Bank Of Canada's is 1.27. This would suggest that Laurentian Bank Of Canada's stocks are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
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.
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