FY2025 EPS Estimates for TSE:LB Reduced by Analyst

Laurentian Bank of Canada (TSE:LB) – Equities research analysts at National Bank Financial lowered their FY2025 earnings estimates for shares of Laurentian Bank of Canada in a report released on Tuesday, November 19th. National Bank Financial analyst G. Dechaine now forecasts that the company will post earnings of $3.69 per share for the year, down from their prior estimate of $3.97. The consensus estimate for Laurentian Bank of Canada’s current full-year earnings is $3.84 per share. National Bank Financial also issued estimates for Laurentian Bank of Canada’s FY2026 earnings at $3.91 EPS.

Laurentian Bank of Canada (TSE:LB) last released its earnings results on Friday, August 30th. The company reported C$0.88 EPS for the quarter, topping the consensus estimate of C$0.85 by C$0.03. The business had revenue of C$256.50 million for the quarter, compared to the consensus estimate of C$257.90 million. Laurentian Bank of Canada had a negative return on equity of 0.55% and a negative net margin of 1.64%.

Several other research analysts have also recently weighed in on LB. BMO Capital Markets boosted their price target on Laurentian Bank of Canada from C$27.00 to C$28.00 in a research note on Monday. Cibc World Mkts raised shares of Laurentian Bank of Canada to a “hold” rating in a report on Wednesday, August 21st. Raymond James boosted their price objective on shares of Laurentian Bank of Canada from C$26.00 to C$27.00 in a report on Wednesday, September 4th. Desjardins raised their target price on shares of Laurentian Bank of Canada from C$25.00 to C$26.00 and gave the stock a “sell” rating in a report on Tuesday, August 6th. Finally, CIBC lowered their price target on Laurentian Bank of Canada from C$30.00 to C$28.00 and set a “neutral” rating on the stock in a report on Tuesday, August 20th. Three equities research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of C$26.55.

Laurentian Bank of Canada Stock Up 0.1 %

TSE:LB opened at C$28.43 on Thursday. The stock has a market cap of C$1.25 billion, a price-to-earnings ratio of -45.85, a PEG ratio of 0.76 and a beta of 1.25. The company’s 50 day moving average price is C$26.95 and its 200-day moving average price is C$26.53. Laurentian Bank of Canada has a 52 week low of C$24.45 and a 52 week high of C$29.49.

Laurentian Bank of Canada Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, November 1st. Shareholders of record on Friday, November 1st were issued a dividend of $0.47 per share. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.88 dividend on an annualized basis and a yield of 6.61%. Laurentian Bank of Canada’s dividend payout ratio is presently -303.23%.

About Laurentian Bank of Canada

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.