Laurentian Bank (TSE:LB)
TSX:LB
Earnings Data
Report Date
May 29, 2026TBA (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.67Last Year’s EPS
0.73Same Quarter Last Year
Based on 3 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call reflects a mix of operational progress and near-term headwinds. Positive fundamentals include solid loan growth (4%), strong commercial momentum (inventory financing +7% QoQ, commercial mix at 51%), improved asset quality (gross impaired loans down 19%), and modest revenue and NII growth (+1% and +5% YoY respectively). Offsetting these positives are large transaction-related charges ($54.7M after tax in Q1 and an expected ~$40M in Q2), a reported net loss and compressed adjusted EPS (down 17% YoY), higher expenses and a decline in CET1 to 10.9%. Given balanced and material positives and negatives, the overall tone is cautious but constructive as management executes its transformation and transaction activity.Company Guidance
Loan Growth and Commercial Momentum
Total loan growth of 4% in Q1 2026; total commercial loan portfolio grew by about $1.4 billion year-over-year and about $700 million sequentially. Commercial mix increased by 1 percentage point to 51% of total loans, consistent with the transformation plan.
Inventory Financing Strength
Inventory financing rose 7% quarter-over-quarter and utilization improved by 5 percentage points sequentially to 45%, driven by dealer restocking and new program wins (e.g., Arctic Cat).
Net Interest Income and Margin Improvement
Net interest income increased $8.7 million (5% year-over-year) and $12.2 million (7% sequentially). Net interest margin was 1.89%, up 4 basis points year-over-year and 10 basis points sequentially (about half of the sequential increase from nonrecurring items).
Revenue Growth
Total revenue for the quarter was $251.6 million, up 1% versus last year and up 3% quarter-over-quarter.
Improved Asset Quality
Gross impaired loans decreased 19% to 96 basis points; gross impaired loans fell by $49 million year-over-year and $75.1 million sequentially. Management reports strong collateralization (~95% of portfolio) and disciplined underwriting.
Shareholder and Transaction Milestones
Shareholders approved the acquisition transaction with 98.8% support. The bank completed the sale of its syndicated loan portfolio to National Bank on February 17, with a smooth transition reported.
Solid Liquidity Position
Maintained a healthy liquidity coverage ratio at the high end of the industry; management expects liquidity to remain very high for the remainder of the year (including proceeds from the syndicated portfolio sale).
TSE:LB Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:LB Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 27, 2026 | C$40.12 | C$40.19 | +0.17% |
Dec 05, 2025 | C$39.43 | C$39.40 | -0.10% |
Aug 29, 2025 | C$30.86 | C$29.71 | -3.73% |
May 30, 2025 | C$27.66 | C$29.36 | +6.14% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Laurentian Bank (TSE:LB) report earnings?
Laurentian Bank (TSE:LB) is schdueled to report earning on May 29, 2026, TBA (Confirmed).
What is Laurentian Bank (TSE:LB) earnings time?
Laurentian Bank (TSE:LB) earnings time is at May 29, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:LB EPS forecast?
TSE:LB EPS forecast for the fiscal quarter 2026 (Q2) is 0.67.