How to buy Laurentian Bank Of Canada (LB) stocks

Learn how to easily invest in Laurentian Bank Of Canada stocks.

Laurentian Bank Of Canada is a banks - regional business based in Canada. Laurentian Bank Of Canada shares (LB) are listed on the Toronto Stock Exchange (TSX) and all prices are listed in Canadian Dollars.

Its last market close was C$28.83 – a decrease of 4.82% over the previous week. Laurentian Bank Of Canada employs 2,800 staff and has a trailing 12-month revenue of around C$947.1 million.

How to buy Laurentian Bank Of Canada stock

  1. Choose a stock trading platform. Compare investment platforms.
  2. Open an account. Provide your personal information and sign up.
  3. Fund your account. Deposit funds into your account by linking your banking information or transfer funds from another trading account.
  4. Search for the stock name – LB. Search for the stock by name or ticker symbol.
  5. Buy the stock. Place your order. It's that simple.

Best for Beginners

Go to site
Easy to use app
  • 100 free trades signup offer
  • Easy-to-use platform
  • Low fees
  • Student and young investor discounts

Best for Lowest Commissions

Go to site
Low margin rates
  • Access to international stock exchanges
  • Low margin rates
  • Powerful research tools

Best for Low Fees

Go to site
CA & US trading
  • 6% cash rebate plus $2,200 in trading perks
  • Low transaction fees
  • Easy-to-use app

Laurentian Bank Of Canada stock price (Toronto Stock Exchange (TSX): LB)

Use our graph to track the performance of LB stocks over time.

Laurentian Bank Of Canada stocks at a glance

Information last updated 2024-12-18.
Latest market closeC$28.83
52-week rangeC$23.51 - C$31.74
50-day moving average C$27.97
200-day moving average C$26.94
Wall St. target priceC$29.78
PE ratio N/A
Dividend yield C$0 (6.48%)
Earnings per share (TTM) C$-0.41

Buy Laurentian Bank of Canada stock from these online trading platforms

Compare special offers, low fees and a wide range of investment options among top trading platforms.

Note: The dollar amounts in the table below are in Canadian dollars.

1 - 6 of 6
Product CAFST Finder Score Available Asset Types Account Types Stock Trading Fee Account Fee Offer
Finder Score
Stocks, Bonds, Options, Index Funds, ETFs, Currencies, Futures
RRSP, TFSA, Personal, Joint
min $1.00, max 0.5%
$0
Finder Score
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, Precious Metals, IPOs
RRSP, RESP, RRIF, TFSA, Personal, Joint
$6.95
$0 if conditions met, or $100
Get 100 free trades when you open a CIBC Investor’s Edge account using promo code EDGE2425. Plus, get $200 or more cash back. Valid until March 31, 2025.
Finder Score
Stocks, Options, ETFs
RRSP, TFSA, Personal
$0.014/stock
$0
Enjoy a 6% cash rebate, plus $2,200 in trading perks.
Finder Score
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, Precious Metals, IPOs
RRSP, RESP, RRIF, TFSA, Personal, Joint, Business
$6.95 - $9.95
$0 if conditions met, otherwise $25/quarter
Finder Score
Stocks, Bonds, Options, Mutual Funds, ETFs, Forex, GICs, Precious Metals, IPOs
RRSP, RESP, RRIF, TFSA, Personal
$4.95 - $9.95
$0
Finder Score
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
RRSP, RESP, RRIF, TFSA, Personal, Joint
$6.95 - $8.75
$0 if conditions met, otherwise $25/quarter
Get 1% cashback or more, a $150 sign-up bonus & unlimited free trades until April 30th, 2025.
loading

Finder Score for stock trading platforms

To make comparing even easier we came up with the Finder Score. Trading costs, account fees and features across 10+ stock trading platforms and apps are all weighted and scaled to produce a score out of 10. The higher the score the better the platform - simple.

Read the full methodology

Laurentian Bank Of Canada price performance over time

Historical closes compared with the close of C$28.65 from 2024-12-19

1 week (2024-12-13) -5.41%
1 month (2024-11-22) -0.56%
3 months (2024-09-20) 5.25%
6 months (2024-06-21) 9.43%
1 year (2023-12-21) 7.18%
2 years (2022-12-21) -0.74%
3 years (2021-12-21) 33.4329
5 years (2019-12-20) 34.0838

Is Laurentian Bank Of Canada stock undervalued or overvalued?

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 PEG ratio

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.

Laurentian Bank Of Canada financials

Revenue TTM C$947.1 million
Operating margin TTM 20.44%
Gross profit TTM C$977.4 million
Return on assets TTM -0.03%
Return on equity TTM -0.55%
Profit margin -1.64%
Book value C$60.83
Market Capitalization C$1.3 billion

TTM: trailing 12 months

Laurentian Bank Of Canada stock dividends

42%

Dividend payout ratio: 42.18% of net profits

Recently Laurentian Bank Of Canada has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% 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 0% return on their shares, in the form of dividend payments. In Laurentian Bank Of Canada's case, that would currently equate to about C$0 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 31 January 2025. The latest dividend was paid out to all shareholders who bought their stocks by 30 September 2024 (the "ex-dividend date").

Have Laurentian Bank Of Canada's stocks ever split?

Laurentian Bank Of Canada's 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.

Laurentian Bank Of Canada stock price volatility

Over the last 12 months, Laurentian Bank Of Canada's stocks have ranged in value from as little as C$23.5123 up to C$31.74. A popular way to gauge a stock's volatility is its "beta."

LB.TO volatility(beta: 1.25)Avg. volatility(beta: 1.00)LowHigh

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 1.253. 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 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..

Frequently asked questions

What percentage of Laurentian Bank Of Canada is owned by insiders or institutions?
Currently 0.08% of Laurentian Bank Of Canada stocks are held by insiders and 23.268% by institutions.
How many people work for Laurentian Bank Of Canada?
Latest data suggests 2,800 work at Laurentian Bank Of Canada.
When does the fiscal year end for Laurentian Bank Of Canada?
Laurentian Bank Of Canada's fiscal year ends in October.
Where is Laurentian Bank Of Canada based?
Laurentian Bank Of Canada's address is: 1360 RenE-LEvesque Blvd West, Montreal, QC, Canada, H3G 0E5
What is Laurentian Bank Of Canada's ISIN number?
Laurentian Bank Of Canada's international securities identification number is: CA51925D1069
Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More on investing

More guides on Finder

Go to site