Financials Laurentian Bank of Canada

Equities

LB

CA51925D1069

Banks

Market Closed - Toronto S.E. 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
25.9 CAD +0.39% Intraday chart for Laurentian Bank of Canada +0.58% -7.07%

Valuation

Fiscal Period: Ottobre 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,924 1,130 1,813 1,316 1,106 1,133 - -
Enterprise Value (EV) 1 1,924 1,130 1,813 1,316 1,106 1,133 1,133 1,133
P/E ratio 12 x 11.1 x 40.5 x 6.14 x 6.53 x 7.18 x 6.29 x -
Yield 5.78% 8.16% 3.84% 5.86% 7.32% 7.36% 7.63% -
Capitalization / Revenue 1.99 x 1.16 x 1.81 x 1.27 x 1.08 x 1.11 x 1.07 x 1.05 x
EV / Revenue 1.99 x 1.16 x 1.81 x 1.27 x 1.08 x 1.11 x 1.07 x 1.05 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.84 x 0.49 x 0.77 x 0.52 x 0.42 x 0.42 x 0.41 x -
Nbr of stocks (in thousands) 42,463 43,124 43,506 43,277 43,561 43,735 - -
Reference price 2 45.30 26.21 41.67 30.40 25.40 25.90 25.90 25.90
Announcement Date 12/4/19 12/4/20 12/10/21 12/9/22 12/7/23 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: October 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 968.5 971 1,002 1,034 1,026 1,020 1,057 1,081
EBITDA - - - - - - - -
EBIT 1 268.4 269.2 318.9 346.7 309 289.9 318.2 -
Operating Margin 27.71% 27.72% 31.81% 33.52% 30.13% 28.41% 30.11% -
Earnings before Tax (EBT) 1 196.2 120.3 72.6 275.7 210.4 193.3 212.7 187.1
Net income 1 172.7 101.6 44.8 214.8 169.3 149.6 167 145.4
Net margin 17.83% 10.47% 4.47% 20.77% 16.51% 14.66% 15.8% 13.45%
EPS 2 3.770 2.370 1.030 4.950 3.890 3.608 4.115 -
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 2.620 2.140 1.600 1.780 1.860 1.906 1.975 -
Announcement Date 12/4/19 12/4/20 12/10/21 12/9/22 12/7/23 - - -
1CAD in Million2CAD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: October 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 250.4 257.5 259.6 260 257.1 260.1 257.2 260.8 247.4 258.3 250.3 254.8 257.2 260.7 254.6
EBITDA - - - - - - - - - - - - - - -
EBIT 1 86.33 84.98 90.25 85.55 85.93 79.6 77.92 82.1 69.3 69.8 63.31 77.1 79.06 77 80
Operating Margin 34.47% 33% 34.77% 32.91% 33.42% 30.61% 30.3% 31.48% 28.01% 27.02% 25.3% 30.26% 30.74% 29.53% 31.42%
Earnings before Tax (EBT) 1 -130.9 70.21 74.5 65.84 65.15 60.96 58.53 57.43 33.5 43.61 49.2 41.4 35.4 25 36.2
Net income 1 -104.2 - 58.26 51.26 54.36 47.31 48 44.66 29.33 32.68 40.5 30.4 28.5 16.4 29.2
Net margin -41.62% - 22.44% 19.72% 21.14% 18.19% 18.67% 17.12% 11.85% 12.65% 16.18% 11.93% 11.08% 6.29% 11.47%
EPS 2 -2.390 1.170 1.340 1.180 1.260 1.090 1.110 1.030 0.6700 0.7500 0.8173 0.9508 1.040 1.033 0.9800
Dividend per Share 2 0.4000 0.4400 0.4400 0.4500 0.4500 0.4600 0.4600 0.4700 0.4700 0.4700 0.4700 0.4880 0.4880 0.4993 0.5000
Announcement Date 12/10/21 3/2/22 6/1/22 8/31/22 12/9/22 2/28/23 6/1/23 8/31/23 12/7/23 2/29/24 - - - - -
1CAD in Million2CAD
Estimates

Balance Sheet Analysis

Fiscal Period: October 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 7.9% 5.5% 8.3% 9.3% 7.7% 6.34% 6.84% -
ROA (Net income/ Total Assets) 0.43% 0.26% 0.45% 0.45% 0.39% 0.38% 0.41% -
Assets 1 40,333 39,424 10,046 47,947 43,335 39,355 41,235 -
Book Value Per Share 2 54.00 53.70 54.00 58.00 60.00 61.80 63.80 -
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 12/4/19 12/4/20 12/10/21 12/9/22 12/7/23 - - -
1CAD in Million2CAD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
11
Last Close Price
25.9 CAD
Average target price
27.36 CAD
Spread / Average Target
+5.65%
Consensus
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