Laurentian Bank is a leading Canadian bank, providing a broad range of advice-based solutions and services to its clients through its branch network based in Quebec and specialized teams across Canada.
Laurentian Bank caters to the needs of retail clients, small and medium-sized enterprises and real estate developers. It has pan-Canadian activities and an expanding presence in the U.S. It is expecting improved technology and better processes should drive customer, loan and deposit growth in future.
The bank is a leading player in different market segments like retail, business, financial services, securities and capital markets. With more than 170 years of banking experience, Laurentian Bank is trusted for its quality services, prudent management and good governance.
Laurentian Bank Stock Details
- Ticker: tse:lb
- Sector: Financial Services
- Industry: Banks - Regional
- Market Cap: 1.12B
- Market Cap Group: Small Cap
- P/E: 0.00
- Dividend Yield: 7.36%
- Grade: C
- Dividend Aristocrat: NO
- Chowder Score: Members Only
- Revenue Growth: Members Only
- Dividend Growth: Members Only
- Dividend Growth Fit: 2/10
- Dividend Income Fit: 10/10
LB Industry Competitors
The competitive landscape is important as they compete for the same business. Below is the list of competitors in the same industry. While not displayed, a number of metrics you can also use to evaluate your picks are the Chowder Score, the Relative Strength Index (RSI), the Graham Number, and the Piotroski F-Score.
| Ticker | Ticker | Company | Market Cap | P/E | Yield | Aristocrat | Graph | SectorID | IndustryID |
|---|---|---|---|---|---|---|---|---|---|
| USB | NYSE:USB | U.S. Bancorp | 66.09 | 13.44 | 4.63 | NO | 1 | 7 | 22 |
| TFC | NYSE:TFC | Truist Financial | 56.37 | 0.00 | 4.94 | NO | 1 | 7 | 22 |
| MTB | NYSE:MTB | M&T Bank Corporation | 27.14 | 12.05 | 3.33 | NO | 1 | 7 | 22 |
| PBCT | NASDAQ:PBCT | People's United Financial Inc. | 9.29 | 14.71 | 3.37 | YES | 1 | 7 | 22 |
| CWB | TSE:CWB | Canadian Western Bank | 4.48 | 13.82 | 3.01 | YES | 1 | 7 | 22 |
| LB | TSE:LB | Laurentian Bank | 1.12 | 0.00 | 7.36 | NO | 1 | 7 | 22 |
Laurentian Bank - FAQ
What is the stock ticker for Laurentian Bank?
The stock ticker for Laurentian Bank is TSE:lb.
Is Laurentian Bank a good stock to buy?
You need to consider your investment strategy and how TSE:lb can fit in your portfolio.
The current dividend income score of 10/10 and dividend growth score of 2/10. Those 2 metrics together should help you decide the fit for your portfolio. Be it for income or for growth.
Is Laurentian Bank a Buy, Sell or Hold?
The Dividend Snapshot Opportunity Score of 41 out of 100.
The score reflects the strength of a buy signal but it does not show a sell signal if it's low. The higher the better.
A sell signal is more difficult as it often relies on the reason you bought the stock in the first place.
How can I buy stocks for Laurentian Bank?
You can easily buy the LB stock with an online trading platform.
Just make sure the stock fits your risk profile and investment goals.