Laurentian Bank of Canada

Company Profile

Laurentian Bank of Canada had its IPO on under the ticker symbol LRCDF.

The company operates in the Financial Services sector and Banks-Regional industry. Laurentian Bank of Canada has a staff strength of 3,000 employees.

Stock update

Shares of Laurentian Bank of Canada opened at $26.41 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $26.41 - $26.41, and closed at $26.41.

This is a -0.94% slip from the previous day's closing price.

A total volume of 10,100 shares were traded at the close of the day’s session.

In the last one week, shares of Laurentian Bank of Canada have slipped by -8.96%.

Laurentian Bank of Canada's Key Ratios

Laurentian Bank of Canada has a market cap of $1.16 billion, indicating a price to book ratio of 0.5636 and a price to sales ratio of 1.1078.

In the last 12-months Laurentian Bank of Canada’s revenue was $972.42 million with a gross profit of $977.36 million and an EBITDA of $0. The EBITDA ratio measures Laurentian Bank of Canada's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Laurentian Bank of Canada’s operating margin was 25.56% while its return on assets stood at 0.41% with a return of equity of 7.43%.

In Q2.3333333333333, Laurentian Bank of Canada’s quarterly earnings growth was a negative -13% while revenue growth was a positive 1.7%.

Laurentian Bank of Canada’s PE and PEG Ratio

Forward PE

6.7659

Trailing PE

8.0518

PEG

0

Its diluted EPS in the last 12-months stands at $3.28 per share while it has a forward price to earnings multiple of 6.7659 and a PEG multiple of 0. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Laurentian Bank of Canada’s profitability.

Laurentian Bank of Canada stock is trading at a EV to sales ratio of 0 and a EV to EBITDA ratio of 0. Its price to sales ratio in the trailing 12-months stood at 1.1078.

Laurentian Bank of Canada stock pays annual dividends of $1.84 per share, indicating a yield of 5.2% and a payout ratio of 34.03%.

Balance sheet and cash flow metrics

Total Assets

$50.64 billion

Total Liabilities

$0

Operating Cash Flow

$0

Capital Expenditure

$8.53 million

Dividend Payout Ratio

34.03%

Laurentian Bank of Canada ended 2024 with $50.64 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $50.64 billion while shareholder equity stood at $2.82 billion.

Laurentian Bank of Canada ended 2024 with $0 in deferred long-term liabilities, $0 in other current liabilities, 1175660000.00 in common stock, $1.40 billion in retained earnings and $81.86 million in goodwill. Its cash balance stood at $1.85 billion and cash and short-term investments were $1.89 billion. The company’s total short-term debt was $0 while long-term debt stood at $14.90 billion.

Laurentian Bank of Canada’s total current assets stands at $1.89 billion while long-term investments were $6.24 billion and short-term investments were $38.18 million. Its net receivables were $0 compared to accounts payable of $0 and inventory worth $0.

In 2024, Laurentian Bank of Canada's operating cash flow was $0 while its capital expenditure stood at $8.53 million.

Comparatively, Laurentian Bank of Canada paid $0.34 in dividends in 2024.

Other key metrics

Current Trading Price

$26.41

52-Week High

$33.5781

52-Week Low

$19.6392

Analyst Target Price

$

Laurentian Bank of Canada stock is currently trading at $26.41 per share. It touched a 52-week high of $33.5781 and a 52-week low of $33.5781. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $26.79 and 200-day moving average was $27.66 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 12.5% of the company’s stock are held by insiders while 2964.2% are held by institutions.