National Bank Financial Estimates TSE:LB FY2025 Earnings

Laurentian Bank of Canada (TSE:LB) – Equities research analysts at National Bank Financial cut their FY2025 earnings per share (EPS) estimates for shares of Laurentian Bank of Canada in a report released on Tuesday, November 19th. National Bank Financial analyst G. Dechaine now expects that the company will post earnings of $3.69 per share 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.

Other research analysts also recently issued reports about the company. CIBC cut their price target on Laurentian Bank of Canada from C$30.00 to C$28.00 and set a “neutral” rating for the company in a report on Tuesday, August 20th. Raymond James boosted their price target on Laurentian Bank of Canada from C$26.00 to C$27.00 in a report on Wednesday, September 4th. BMO Capital Markets boosted their price target on Laurentian Bank of Canada from C$27.00 to C$28.00 in a report on Monday. Cibc World Mkts upgraded Laurentian Bank of Canada to a “hold” rating in a report on Wednesday, August 21st. Finally, Desjardins upped their price objective on 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. Three analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. According to MarketBeat, Laurentian Bank of Canada currently has a consensus rating of “Hold” and a consensus price target of C$26.55.

Laurentian Bank of Canada Stock Performance

Shares of LB opened at C$28.50 on Thursday. The stock has a fifty day moving average of C$26.99 and a two-hundred day moving average of C$26.55. The company has a market capitalization of C$1.25 billion, a PE ratio of -45.97, a price-to-earnings-growth ratio of 0.76 and a beta of 1.25. Laurentian Bank of Canada has a fifty-two week low of C$24.45 and a fifty-two week high of C$29.49.

Laurentian Bank of Canada (TSE:LB) last posted its earnings results on Friday, August 30th. The company reported C$0.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of C$0.85 by C$0.03. Laurentian Bank of Canada had a negative return on equity of 0.55% and a negative net margin of 1.64%. The firm had revenue of C$256.50 million for the quarter, compared to analyst estimates of C$257.90 million.

Laurentian Bank of Canada Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 1st. Investors of record on Friday, November 1st were issued a $0.47 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $1.88 annualized dividend and a yield of 6.60%. Laurentian Bank of Canada’s dividend payout ratio is currently -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.