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Laurentian Bank of CanadaTSX:LB Stock Report

Market Cap CA$1.8b
Share Price
CA$40.35
CA$40.43
0.2% undervalued intrinsic discount
1Y34.5%
7D0.1%
1D
Portfolio Value
View

Laurentian Bank of Canada

TSX:LB Stock Report

Market Cap: CA$1.8b

Laurentian Bank of Canada (LB) Stock Overview

Provides various financial services to personal, commercial, and institutional customers in Canada and the United States. More details

LB fundamental analysis
Snowflake Score
Valuation1/6
Future Growth4/6
Past Performance0/6
Financial Health3/6
Dividends1/6

LB Community Fair Values

Create Narrative

See what 24 others think this stock is worth. Follow their fair value or set your own to get alerts.

Laurentian Bank of Canada Competitors

Price History & Performance

Summary of share price highs, lows and changes for Laurentian Bank of Canada
Historical stock prices
Current Share PriceCA$40.35
52 Week HighCA$40.49
52 Week LowCA$29.51
Beta1.18
1 Month Change0.15%
3 Month Change0.50%
1 Year Change34.46%
3 Year Change21.32%
5 Year Change-6.68%
Change since IPO374.71%

Recent News & Updates

Narrative Update Apr 10

LB: Stable Outlook Where Execution On Earnings Quality Will Drive Future Repricing

Narrative Update on Laurentian Bank of Canada Analysts have adjusted their CA$ price targets for Laurentian Bank of Canada, reflecting updated assumptions around discount rate, revenue growth, profit margin and future P/E, while keeping their overall fair value view broadly in line with prior estimates. Analyst Commentary Recent Street research updates have focused on adjusting price targets and sharpening expectations around valuation, growth and execution, using other financial services and infrastructure names as reference points.

Recent updates

Narrative Update Apr 10

LB: Stable Outlook Where Execution On Earnings Quality Will Drive Future Repricing

Narrative Update on Laurentian Bank of Canada Analysts have adjusted their CA$ price targets for Laurentian Bank of Canada, reflecting updated assumptions around discount rate, revenue growth, profit margin and future P/E, while keeping their overall fair value view broadly in line with prior estimates. Analyst Commentary Recent Street research updates have focused on adjusting price targets and sharpening expectations around valuation, growth and execution, using other financial services and infrastructure names as reference points.
Narrative Update Mar 26

LB: Stable Assumptions And Execution Risks Will Shape Future Share Path

Narrative Update Analysts have trimmed their price target on Laurentian Bank of Canada by CA$0.00, reflecting slightly higher discount rate assumptions and modestly adjusted expectations for revenue growth, profit margins, and future P/E multiples. Analyst Commentary While recent Street research references another company, the themes analysts are focused on, such as growth visibility, revenue quality, and valuation support, are directly relevant to how you might think about Laurentian Bank of Canada.
Narrative Update Mar 11

LB: Cash Offer And Stable Assumptions Will Shape Future Share Outcome

Analysts have adjusted their price target for Laurentian Bank of Canada to CA$40.43, reflecting updated assumptions on the discount rate, revenue growth, profit margin, and future P/E, while keeping fair value essentially unchanged. Analyst Commentary Recent commentary on other financial names offers a useful lens for thinking about how analysts may frame Laurentian Bank of Canada, especially around valuation, execution risk, and growth expectations.
Narrative Update Feb 25

LB: Cash Takeover Terms And Modest Assumption Shifts Will Guide Future Share Outcome

Analysts have nudged their average price target for Laurentian Bank of Canada slightly higher to about CA$40.43 from CA$40.38, reflecting updated views on the discount rate, revenue growth, profit margin and future P/E assumptions. What's in the News Fairstone Bank of Canada agreed to acquire Laurentian Bank of Canada for about CA$1.9b in cash, valuing the common shares at CA$40.50 per share.
Narrative Update Feb 11

LB: Pending Cash Takeover And Stable Earnings Assumptions Will Shape Share Outcome

Narrative Update Analysts have maintained their fair value estimate for Laurentian Bank of Canada at $40.38 per share. They cite slightly higher assumed discount rates, a modest tweak to revenue growth expectations, a lower projected profit margin, and a higher future P/E multiple in their updated models.
Narrative Update Jan 27

LB: Pending Takeover And Stable Assumptions Will Guide Future Share Outcome

Narrative Update on Laurentian Bank of Canada Analysts have left their price target for Laurentian Bank of Canada essentially unchanged at about $40.38 per share, reflecting only marginal tweaks to assumptions such as discount rate, long run revenue growth, profit margin, and future P/E, rather than any major shift in the underlying outlook. Analyst Commentary Recent research focus has been on another company, not on Laurentian Bank of Canada, so current Street commentary for Laurentian is limited.
Narrative Update Jan 12

LB: Acquisition Proposal And Stable Outlook Will Shape Future Earnings Visibility

Narrative Update: Laurentian Bank of Canada Analysts kept their fair value estimate for Laurentian Bank of Canada steady at $40.38, with only slight tweaks to assumptions such as discount rate, revenue growth, profit margin, and future P/E that reflect refined modelling rather than a change in the overall view. Analyst Commentary Analysts covering Laurentian Bank of Canada maintained a measured stance, focusing more on refining their models than on shifting their overall view.
Narrative Update Dec 17

LB: Acquisition Offer And Modest Improvements Will Temper Ongoing Margin And Scale Headwinds

Analysts have lifted their fair value estimate for Laurentian Bank of Canada to about C$40.38 from roughly C$32.88. This reflects slightly lower perceived risk, modestly stronger expected revenue growth and profit margins, and a higher assumed future earnings multiple that aligns with recent upward revisions to price targets on the Street.
Narrative Update Dec 03

LB: Margin Pressures And Limited Scale Will Constrain Future Earnings Potential

Analysts have nudged their price target on Laurentian Bank of Canada higher, lifting it by C$1 to C$33 as they factor in slightly stronger long term revenue growth and a higher future earnings multiple despite modestly lower margin assumptions. Analyst Commentary Recent commentary on Laurentian Bank of Canada reflects a generally cautious but constructive stance, with the higher price target framed as a modest re-rating rather than a wholesale shift in outlook.
User avatar
New Narrative Jun 01

Digital Banking And Commercial Real Estate Will Transform Efficiency

Ongoing digital investments and specialization in commercial banking position Laurentian for improved efficiency, margin expansion, and above-industry asset growth as conditions normalize.
Analysis Article Mar 05

Laurentian Bank of Canada's (TSE:LB) Dividend Will Be CA$0.47

Laurentian Bank of Canada ( TSE:LB ) has announced that it will pay a dividend of CA$0.47 per share on the 1st of May...
Analysis Article Dec 14

Laurentian Bank of Canada (TSE:LB) Will Pay A Dividend Of CA$0.47

Laurentian Bank of Canada ( TSE:LB ) has announced that it will pay a dividend of CA$0.47 per share on the 1st of...
Analysis Article Sep 03

Laurentian Bank of Canada (TSE:LB) Is Paying Out A Dividend Of CA$0.47

The board of Laurentian Bank of Canada ( TSE:LB ) has announced that it will pay a dividend on the 1st of November...
Analysis Article Jun 20

Laurentian Bank of Canada (TSE:LB) Has Announced A Dividend Of CA$0.47

The board of Laurentian Bank of Canada ( TSE:LB ) has announced that it will pay a dividend of CA$0.47 per share on the...
Analysis Article Mar 07

Laurentian Bank of Canada (TSE:LB) Is Paying Out A Dividend Of CA$0.47

The board of Laurentian Bank of Canada ( TSE:LB ) has announced that it will pay a dividend of CA$0.47 per share on the...

Shareholder Returns

LBCA BanksCA Market
7D0.1%3.5%1.4%
1Y34.5%63.4%31.6%

Return vs Industry: LB underperformed the Canadian Banks industry which returned 60.8% over the past year.

Return vs Market: LB exceeded the Canadian Market which returned 29.8% over the past year.

Price Volatility

Is LB's price volatile compared to industry and market?
LB volatility
LB Average Weekly Movement0.5%
Banks Industry Average Movement2.7%
Market Average Movement10.1%
10% most volatile stocks in CA Market17.4%
10% least volatile stocks in CA Market3.7%

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 (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
18462,682Eric Provostwww.laurentianbank.ca

Laurentian Bank of Canada, together with its subsidiaries, provides various financial services to personal, commercial, and institutional customers in Canada and the United States. It operates through Personal and Commercial Banking, and the Capital Markets segments. The company offers chequing, current, business, savings, day by day US dollar, youth, and senior accounts; personal and student line of credit; personal, student, RRSP, and term loans; fixed and variable rate mortgage; equity line of credit; commercial lending; revolving credit; financing solutions; and mortgage and loan insurance.

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$1.81b
Earnings (TTM)CA$13.49m
Revenue (TTM)CA$884.19m
134.0x
P/E Ratio
0.7x
P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LB income statement (TTM)
RevenueCA$884.19m
Cost of RevenueCA$0
Gross ProfitCA$884.19m
Other ExpensesCA$870.70m
EarningsCA$13.49m

Last Reported Earnings

Apr 30, 2026

Next Earnings Date

Aug 28, 2026

Earnings per share (EPS)0.30
Gross Margin100.00%
Net Profit Margin1.53%
Debt/Equity Ratio654.5%

How did LB perform over the long term?

See historical performance and comparison

Dividends

4.7%
Current Dividend Yield
621%
Payout Ratio

Does LB pay a reliable dividends?

See LB dividend history and benchmarks
When do you need to buy LB by to receive an upcoming dividend?
Laurentian Bank of Canada dividend dates
Ex Dividend DateJun 30 2026
Dividend Pay DateAug 01 2026
Days until Ex dividend17 days
Days until Dividend pay date49 days

Does LB pay a reliable dividends?

See LB dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/12 06:51
End of Day Share Price 2026/06/12 00:00
Earnings2026/04/30
Annual Earnings2025/10/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Laurentian Bank of Canada is covered by 16 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Lemar PersaudATB Cormark Historical (Cormark Securities)
John AikenBarclays
Sohrab MovahediBMO Capital Markets Equity Research