Laurentian Bank of Canada (TSE:LB) Posts Earnings Results

Posted by Kim Johansen on Aug 29th, 2026

Laurentian Bank of Canada (TSE:LB – Get Free Report) issued its quarterly earnings data on Friday. The company reported C$0.51 earnings per share for the quarter, FiscalAI reports. The business had revenue of C$241.73 million for the quarter. Laurentian Bank of Canada had a return on equity of 1.01% and a net margin of 1.36%.

Laurentian Bank of Canada Trading Up 0.0%

Shares of LB opened at C$40.32 on Friday. The firm has a fifty day simple moving average of C$40.29 and a 200 day simple moving average of C$40.26. Laurentian Bank of Canada has a 12 month low of C$29.51 and a 12 month high of C$40.78. The stock has a market capitalization of C$1.81 billion, a price-to-earnings ratio of 130.06, a PEG ratio of 0.76 and a beta of 1.16.

Laurentian Bank of Canada Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Saturday, August 1st. Stockholders of record on Saturday, August 1st were paid a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend was Tuesday, June 30th. Laurentian Bank of Canada’s dividend payout ratio (DPR) is currently 606.45%.

Wall Street Analysts Forecast Growth

Separately, Desjardins set a C$40.50 price target on shares of Laurentian Bank of Canada and gave the company a “tender” rating in a report on Wednesday, August 5th. Two analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Reduce” and an average price target of C$37.29.

Check Out Our Latest Analysis on Laurentian Bank of Canada

About Laurentian Bank of Canada

(Get Free Report)

Founded in Montreal in 1846, Laurentian Bank is committed to serving its customers and fostering deep relationships with specialized groups. Laurentian Bank runs operations across Canada – primarily in Québec and Ontario – as well as in the United States and competes where it sees market opportunity and has an edge, while harnessing the power of partnerships and collaboration.