Analysts Issue Forecasts for TSE:LB FY2025 Earnings

Laurentian Bank of Canada (TSE:LB) – Equities research analysts at National Bank Financial cut their FY2025 earnings estimates for Laurentian Bank of Canada in a note issued to investors on Tuesday, November 19th. National Bank Financial analyst G. Dechaine now anticipates that the company will post earnings per share of $3.69 for the year, down from their previous forecast 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.

LB has been the topic of several other reports. Desjardins upped their target price on Laurentian Bank of Canada from C$25.00 to C$26.00 and gave the company a “sell” rating in a research report on Tuesday, August 6th. BMO Capital Markets lifted their target price on shares of Laurentian Bank of Canada from C$27.00 to C$28.00 in a research note on Monday, November 18th. Raymond James raised their price target on shares of Laurentian Bank of Canada from C$26.00 to C$27.00 in a report on Wednesday, September 4th. Cibc World Mkts raised shares of Laurentian Bank of Canada to a “hold” rating in a report on Wednesday, August 21st. Finally, CIBC reduced their target price on Laurentian Bank of Canada from C$30.00 to C$28.00 and set a “neutral” rating for the company in a research note on Tuesday, August 20th. Three equities research analysts have rated the stock with a sell rating and eight have given a hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of C$26.55.

Laurentian Bank of Canada Stock Up 1.1 %

Shares of Laurentian Bank of Canada stock opened at C$28.81 on Thursday. The company has a market cap of C$1.27 billion, a P/E ratio of -46.47, a PEG ratio of 0.76 and a beta of 1.25. The firm’s 50 day moving average price is C$27.04 and its 200-day moving average price is C$26.56. 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 (TSE:LB) last issued its quarterly earnings data on Friday, August 30th. The company reported C$0.88 earnings per share for the quarter, beating analysts’ consensus estimates of C$0.85 by C$0.03. The company 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%.

Laurentian Bank of Canada Announces Dividend

The firm also recently announced 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 was Tuesday, October 1st. This represents a $1.88 dividend on an annualized basis and a yield of 6.53%. Laurentian Bank of Canada’s dividend payout ratio (DPR) 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.