Laurentian Bank of Canada

Equities

LB

CA51925D1069

Banks

Market Closed - Toronto S.E. 01:30:00 01/06/2024 am IST 5-day change 1st Jan Change
24.95 CAD -6.52% Intraday chart for Laurentian Bank of Canada -8.94% -10.48%

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TSX adds to monthly gain as investors rotate holdings RE
Laurentian Bank Launching Revamped Strategic Plan After Earlier Reporting Fiscal Q2 Results MT
Laurentian Bank Rating, Price Target Unchanged at National Bank Following Fiscal Q2 Results MT
Transcript : Laurentian Bank of Canada - Analyst/Investor Day
Toronto Stocks Slide; Canadian GDP Growth Misses DJ
Transcript : Laurentian Bank of Canada, Q2 2024 Earnings Call, May 31, 2024
TSX futures dip as markets brace for US inflation data RE
Laurentian Bank Logs Q2 Adjusted Profit Beat, but Swings to Net Loss Following Hit From Restructuring and Impairment Charges MT
Canada's Laurentian Bank records $144 mln impairment, restructuring charges in second quarter RE
Laurentian Bank Brief: Provision for credit losses was $17.9 million for the second quarter of 2024, compared with $16.2 million for the second quarter of 2023 MT
Laurentian Bank Brief: Adjusted return on common shareholders' equity was 6.1% for the second quarter of 2024, compared with 8.1% a year ago MT
Laurentian Bank Brief: That Related to Restructuring of the Bank's operations and Impairment of the Personal and Commercial (P&C) Banking segment MT
Laurentian Bank Brief: Included impairment and restructuring charges of $196.8 million ($155.6 million after income taxes), or $3.56 per share MT
Laurentian Bank Brief: Return on common shareholders' equity was a negative 18.6% for the second quarter of 2024 MT
Laurentian Bank Brief: Reporting a net loss of $117.5 million and a diluted loss per share of $2.71 for the second quarter of 2024 MT
Laurentian Bank Brief: Q2 Adjusted EPS C$0.90 Vs Forecast $0.87 and Last Year $1.16 MT
Laurentian Bank of Canada Declares Dividend on Its Common Shares, Payable on August 1, 2024 CI
TSX Brief: Leaves Index Down Over the Week (Even After Hitting All Time Record Highs on Tuesday; But Up More Than 2% For Month of May So Far MT
TSX Brief: Up Near 80 Pts, Was Higher, Amid Mixed Commodity Prices; Comes After Back To Back Triple Digit Declines MT
US Stocks Brief: Dow Jones Futures Up 0.16%; Nasdaq 100 Futures Up Near 0.3%, S&P Futures Also Up Near 0.3% Ahead of Holiday Weekend In the US MT
US Stocks Brief: Nasdaq 100 Futures Up 0.22%, S&P Futures Up 0.25% Ahead of Holiday Weekend In the US MT
US Stocks Brief: S&P Futures Up Near 0.2% Ahead of Holiday Weekend In the US MT
Laurentian Bank Brief: Announcing Retirement of Chief Risk Officer William Mason and Appointment of Christian De Broux as Successor MT
Laurentian Bank Announces Retirement Of Chief Risk Officer William Mason, Appoints Christian De Broux As Successor MT
Canada's Laurentian Bank brings back former executive as chief risk officer RE
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Laurentian Bank of Canada (the Bank) is a Canada-based provider of financial services to its personal, commercial and institutional customers. The Bank operates in Canada and the United States. Its segments include Personal Banking, Commercial Banking and Capital Markets. The Personal Banking segment caters to the financial needs of retail clients. The Commercial Banking segment caters to the financial needs of business clients across Canada and in the United States and provides commercial banking, real estate financing, and equipment and inventory financing. The Capital Markets segment provides a range of services, including research, market analysis and advisory services, corporate underwriting for debt and equity, and administrative services. The Bank's clients can access its offering of financial advice, products and services through a network of branches in Quebec. The Bank offers a digital direct-to-customer platform to all Canadians. The Bank has approximately 57 branches.
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Banks
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More about the company
Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
11
Last Close Price
24.95 CAD
Average target price
27.45 CAD
Spread / Average Target
+10.04%
Consensus
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  5. Laurentian Bank Brief: Announcing Applicable Dividend Rates for its Non-Cumulative Class A Preferred Shares, Series 13 and Non-Cumulative Class A Preferred Shares, Series 14