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Laurentian Bank of Canada
$28.81
Nov 22, 5:40:00 PM GMT-5 · CAD · TSE · Disclaimer
StockCA listed security
Previous close
$28.50
Day range
$28.48 - $28.96
Year range
$24.45 - $29.49
Market cap
1.27B CAD
Avg Volume
266.06K
P/E ratio
-
Dividend yield
6.53%
Primary exchange
TSE
CDP Climate Change Score
C
Financials
Income Statement
Revenue
Net income
(CAD)Jul 2024Y/Y change
Revenue
240.22M-2.94%
Operating expense
191.13M5.09%
Net income
34.10M-30.77%
Net profit margin
14.20-28.64%
Earnings per share
0.88-27.87%
EBITDA
Effective tax rate
14.70%
Total assets
Total liabilities
(CAD)Jul 2024Y/Y change
Cash and short-term investments
8.29B-13.02%
Total assets
47.46B-6.27%
Total liabilities
44.67B-6.59%
Total equity
2.79B
Shares outstanding
43.92M
Price to book
0.47
Return on assets
0.28%
Return on capital
Net change in cash
(CAD)Jul 2024Y/Y change
Net income
34.10M-30.77%
Cash from operations
1.21B10.56%
Cash from investing
93.47M111.01%
Cash from financing
-1.30B-467.53%
Net change in cash
5.36M-63.71%
Free cash flow
About
The Laurentian Bank of Canada is a Schedule 1 bank that operates primarily in the province of Quebec, with commercial and business banking offices located in Ontario, Alberta, British Columbia, and Nova Scotia. LBC's Institution Number is 039. The institution was established as the Montreal City and District Savings Bank in 1846. The bank's shares were publicly listed on the Montreal Stock Exchange in 1965 and the Toronto Stock Exchange in 1983. In 1987, the institution was renamed the Laurentian Bank of Canada. It is the only bank in North America to have had a labour union, some 1,100 positions becoming unionized in 1967, with the rest of non-managerial positions joining decades later. In 2017, there was a failed attempt by the bank to decertify the Canadian Office and Professional Employees Union, but a majority of workers voted for union decertification in March 2021, leading the Canada Industrial Relations Board to revoke the union's certification in April 2021. Wikipedia
Founded
1846
Employees
2,800
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