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Laurentian Bank
(TSX:LB)
Laurentian Bank (LB) vs. iShares MSCI Canada ETF (EWC)
Laurentian Bank Business Overview & Revenue Model
Laurentian Bank Earnings Call Summary
Laurentian Bank Financial Statement Overview
| Breakdown | TTM | Oct 2025 | Oct 2024 | Oct 2023 | Oct 2022 | Oct 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.17B | 2.34B | 2.58B | 2.55B | 1.78B | 1.56B |
| Gross Profit | 778.78M | 921.76M | 942.70M | 963.90M | 977.36M | 952.96M |
| EBITDA | 132.48M | 218.85M | 35.48M | 270.39M | 328.18M | 134.11M |
| Net Income | 80.78M | 139.87M | -5.50M | 181.09M | 226.58M | 57.07M |
Balance Sheet | ||||||
| Total Assets | 49.91B | 50.15B | 47.40B | 49.89B | 50.72B | 45.08B |
| Cash, Cash Equivalents and Short-Term Investments | 63.58M | 1.63B | 1.68B | 1.46B | 2.25B | 1.11B |
| Total Debt | 19.13B | 19.50B | 19.26B | 18.35B | 17.97B | 16.80B |
| Total Liabilities | 47.21B | 47.27B | 44.57B | 47.03B | 47.94B | 42.44B |
| Stockholders Equity | 2.70B | 2.88B | 2.83B | 2.86B | 2.78B | 2.64B |
Cash Flow | ||||||
| Free Cash Flow | -184.51M | 341.84M | 161.76M | -616.62M | 840.93M | 65.56M |
| Operating Cash Flow | -146.56M | 381.73M | 198.78M | -577.92M | 903.98M | 93.66M |
| Investing Cash Flow | 852.93M | -286.72M | -61.45M | 665.23M | -759.03M | -16.61M |
| Financing Cash Flow | -700.97M | -94.24M | -114.48M | -97.08M | -147.80M | -73.76M |
Laurentian Bank Technical Analysis
Laurentian Bank Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
79 Outperform | C$1.30B | 10.13 | 9.85% | 3.01% | 11.23% | 30.44% | |
70 Outperform | C$997.45M | 5.92 | 15.52% | 6.43% | 11.16% | -14.26% | |
69 Neutral | C$974.82M | 12.70 | 10.50% | 7.33% | 7.74% | -31.96% | |
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
67 Neutral | $741.14M | 25.69 | 6.08% | 0.49% | 3.31% | -39.12% | |
65 Neutral | $4.24B | 19.29 | 8.72% | 2.09% | -7.50% | -34.45% | |
48 Neutral | C$1.81B | 26.90 | 5.11% | 4.67% | -11.26% | ― |
Laurentian Bank Corporate Events
Laurentian Bank has released its notice of annual meeting of common shareholders and the accompanying management proxy circular, now available on its website. The materials outline the agenda for the upcoming annual meeting, including the election of directors, appointment of the auditor and an advisory shareholder vote on the bank’s executive compensation approach.
Shareholders are encouraged to vote by proxy and may participate in the annual meeting either virtually via the LUMI platform or in person at the bank’s Montréal offices. The publication of these documents underscores the bank’s governance practices and offers investors additional transparency into its performance and oversight mechanisms ahead of the 2026 meeting.
The most recent analyst rating on (TSE:LB) stock is a Hold with a C$40.00 price target. To see the full list of analyst forecasts on Laurentian Bank stock, see the TSE:LB Stock Forecast page.
Laurentian Bank of Canada has declared a regular quarterly dividend of 47 cents per common share, payable on May 1, 2026, to shareholders of record as of April 1, 2026. The dividend is designated as an eligible dividend for Canadian income tax purposes, reinforcing the bank’s ongoing practice of returning capital to shareholders.
The bank’s common shares remain eligible for its Shareholder Dividend Reinvestment and Share Purchase Plan, allowing investors to reinvest dividends into newly issued common shares at the plan price without discounts or brokerage fees. Shareholders may also make optional monthly cash contributions to purchase additional shares, or choose to terminate participation before April 1, 2026, providing flexibility in how they manage their investment and signaling continued support for shareholder engagement and long-term capital accumulation.
The most recent analyst rating on (TSE:LB) stock is a Hold with a C$40.00 price target. To see the full list of analyst forecasts on Laurentian Bank stock, see the TSE:LB Stock Forecast page.
Laurentian Bank reported a net loss of $20.5 million for the first quarter of 2026, reversing a profit a year earlier as restructuring and impairment charges of $61.2 million tied to its exit from retail and SME banking weighed on results. Including additional transaction and conversion costs related to previously announced deals, return on common shareholders’ equity turned negative and the reported efficiency ratio deteriorated sharply, although regulatory capital remained stable with a CET1 ratio of 10.9%.
On an adjusted basis, which strips out these one-off charges, the bank posted net income of $34.2 million and diluted earnings per share of $0.65, only modestly below the prior year, highlighting resilience in its core commercial operations during a pivotal phase of its transformation. Management emphasized that solid capital and liquidity positions are enabling the bank to push ahead with its strategic pivot to a focused commercial lender, signalling ongoing operational change and execution risk but also potential for a more profitable, specialized franchise over time.
The most recent analyst rating on (TSE:LB) stock is a Hold with a C$40.00 price target. To see the full list of analyst forecasts on Laurentian Bank stock, see the TSE:LB Stock Forecast page.
Laurentian Bank of Canada has completed the sale of its syndicated loans portfolio to National Bank of Canada, marking a key step in reshaping its balance sheet and business mix. The portfolio carried an outstanding balance of about $705 million at closing, with Laurentian accepting a $50 million discount and transferring certain related liabilities to the buyer.
The transaction was executed under a previously announced syndicated loans purchase agreement and was finalized independently of National Bank’s planned acquisition of Laurentian’s retail and SME banking portfolios. That larger retail and SME deal is slated for completion by late 2026, subject to remaining conditions, positioning Laurentian for a more focused business profile while deepening its strategic ties with National Bank and potentially altering competitive dynamics in its core markets.
The most recent analyst rating on (TSE:LB) stock is a Hold with a C$40.00 price target. To see the full list of analyst forecasts on Laurentian Bank stock, see the TSE:LB Stock Forecast page.
Laurentian Bank shareholders have overwhelmingly approved Fairstone Bank of Canada’s proposed acquisition of all outstanding common shares at $40.50 per share, with 98.77% of votes cast in favour at a special meeting. Completion of the deal still depends on regulatory approvals and other closing conditions, including the previously announced sale of certain retail and SME banking assets and liabilities to National Bank of Canada, with both transactions expected to close in late 2026. Until then, Laurentian Bank says day‑to‑day operations will continue as normal, with coordinated efforts by Laurentian, Fairstone and National Bank to ensure a smooth transition for retail and SME customers and measures in place to support employees and maintain service continuity, underscoring a strategic shift that could reshape the bank’s growth trajectory and positioning in the Canadian banking landscape.
The most recent analyst rating on (TSE:LB) stock is a Hold with a C$43.00 price target. To see the full list of analyst forecasts on Laurentian Bank stock, see the TSE:LB Stock Forecast page.
Laurentian Bank of Canada has declared a dividend of $0.38725 per share on its Series 13 preferred shares, payable on March 16, 2026, to shareholders of record as of March 9, 2026, and designated the payout as an eligible dividend for Canadian tax purposes. The preferred shares are included in the bank’s Shareholder Dividend Reinvestment and Share Purchase Plan, enabling investors to reinvest dividends into newly issued common shares without fees or discounts and to make additional optional cash purchases, while also setting a March 9, 2026 deadline for registered and beneficial holders to terminate participation if they no longer wish dividends to be reinvested, underscoring Laurentian’s continued emphasis on shareholder-friendly capital management options.
The most recent analyst rating on (TSE:LB) stock is a Hold with a C$43.00 price target. To see the full list of analyst forecasts on Laurentian Bank stock, see the TSE:LB Stock Forecast page.
Laurentian Bank has filed its management proxy circular and related materials ahead of a February 5, 2026 special meeting at which shareholders will vote on a proposed acquisition of all outstanding common shares by Fairstone Bank of Canada, following a previously announced sale of certain retail and SME banking assets and liabilities to National Bank of Canada. Under the deal, Fairstone Bank will acquire Laurentian Bank’s shares for $40.50 in cash, valuing the transaction at about $1.9 billion and representing a roughly 20% premium to the pre-announcement share price; the board, backed by a special committee and external advisors, has unanimously concluded the transactions are in the best interests of the bank, citing the all-cash consideration, immediate liquidity and certainty of value for shareholders, and is urging investors to vote in favour of the transaction resolution at the upcoming meeting.
The most recent analyst rating on (TSE:LB) stock is a Hold with a C$43.00 price target. To see the full list of analyst forecasts on Laurentian Bank stock, see the TSE:LB Stock Forecast page.
Laurentian Bank has announced a strategic shift to accelerate its transition into a specialty commercial bank, exiting the retail and SME banking sectors. This move involves the sale of its retail and SME banking portfolios to National Bank, and the acquisition of its common shares by Fairstone Bank, which will combine operations to enhance commercial lending capabilities and expand market presence. The transactions aim to support a competitive Canadian banking system and reinforce Québec’s financial leadership, with no immediate changes expected for stakeholders until the transactions close.
The most recent analyst rating on (TSE:LB) stock is a Hold with a C$44.00 price target. To see the full list of analyst forecasts on Laurentian Bank stock, see the TSE:LB Stock Forecast page.
Laurentian Bank of Canada reported a significant turnaround in its financial performance for the year ended October 31, 2025, with a net income of $139.9 million compared to a net loss in the previous year. The bank is accelerating its transition to a specialty commercial bank, with strong performance in its growth sectors, supported by robust capital and liquidity positions.
The most recent analyst rating on (TSE:LB) stock is a Hold with a C$44.00 price target. To see the full list of analyst forecasts on Laurentian Bank stock, see the TSE:LB Stock Forecast page.
Laurentian Bank of Canada has announced a regular quarterly dividend of 47 cents per share on its common shares, payable on February 2, 2026, to shareholders of record as of January 5, 2026. The dividends are eligible under the Bank’s Shareholder Dividend Reinvestment and Share Purchase Plan, allowing shareholders to reinvest dividends in newly issued common shares without any additional charges, and make optional cash payments for additional shares.
The most recent analyst rating on (TSE:LB) stock is a Hold with a C$44.00 price target. To see the full list of analyst forecasts on Laurentian Bank stock, see the TSE:LB Stock Forecast page.