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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$28.39 – an increase of 5.5% 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
- Choose a stock trading platform. Use our comparison table or choose from our Top Picks below.
- Open an account. Provide your personal information and sign up.
- Fund your account. Deposit funds unto your account by linking your banking information or transfer funds from another trading account.
- Search for the stock name – LB. Search for the stock by name or ticker symbol.
- Buy the stock. Place your order. It's that simple.
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What's in this guide?
- Can I buy shares in Laurentian Bank Of Canada?
- Laurentian Bank Of Canada shares summary
- Compare share dealing platforms
- Is Laurentian Bank Of Canada stock a buy or sell?
- Laurentian Bank Of Canada performance over time
- Can I short Laurentian Bank Of Canada shares?
- Are Laurentian Bank Of Canada shares over-valued?
- Laurentian Bank Of Canada's financials
- How volatile are Laurentian Bank Of Canada shares?
- Does Laurentian Bank Of Canada pay a dividend?
- Have Laurentian Bank Of Canada shares ever split?
- Other common questions
Laurentian Bank Of Canada stock price
Use our graph to track the performance of LB stocks over time.Buy Laurentian Bank of Canada stocks 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.
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Laurentian Bank Of Canada price performance over time
Historical closes compared with the last close of C$28.39
| 1 week (2024-11-13) | 5.50% |
|---|---|
| 1 month (2024-10-18) | 5.85% |
| 3 months (2024-08-20) | 7.62% |
| 6 months (2024-05-17) | 4.45% |
| 1 year (2023-11-20) | 8.11% |
|---|---|
| 2 years (2022-11-18) | -12.91% |
| 3 years (2021-11-19) | -31.01% |
| 5 years (2019-11-20) | -39.14% |
Laurentian Bank Of Canada stock dividends
Dividend payout ratio: 50.95% of net profits
Recently Laurentian Bank Of Canada has paid out, on average, around 50.95% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.99% 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 6.99% return on their shares, in the form of dividend payments. In Laurentian Bank Of Canada's case, that would currently equate to about C$1.88 per share.
Laurentian Bank Of Canada's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Laurentian Bank Of Canada's most recent dividend payout was on 31 October 2024. 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 stocks ever split?
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.
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$23.2512 up to C$27.9872. 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 1.253. 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
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.
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