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    Banks - Regional
Laurentian Bank of Canada

Laurentian Bank of Canada

LB.TO
Laurentian Bank of CanadaCA flagToronto Stock Exchange
40.21
CAD
+0.08
- -
1.80BMarket Cap
Laurentian Bank of Canada
LB.TO
(Toronto Stock Exchange)

Recent

price

40.21

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
29.92
29.83
30.07
29.68
29.59
30.15
29.15
28.42
25.28
22.89
22.63
23.09
23.87
23.59
22.92
22.22
21.47
Revenue per Share
4.63
4.65
4.98
3.8
4.5
3.21
4.55
5.4
5.1
3.78
2.37
1.03
4.96
3.89
-0.41
2.84
0.3
Basic EPS, GAAP
11.89
-45.27
-13.29
-43.87
19.44
18.18
46.01
26.97
-13.52
-8.01
15.32
1.51
19.41
-14.18
3.69
7.73
26.11
Free Cash Flow per Basic Share
1.95
2.14
2.34
1.92
2.12
2.52
1.81
2.15
2.15
2.42
2.48
1.21
2.29
1.91
1.95
1.99
2.1
Dividend per Share
36.55
39.58
46.95
43.16
45.77
46.74
53.18
56.74
54.94
54.38
53.89
54.55
57.47
59.43
56.94
57.84
55.67
Book Value per Share
33.45
36.35
39.55
34.12
36.68
40.95
46.8
44.99
42.83
42.92
43.57
49.81
52.64
54.48
57.63
58.29
55.76
Tangible Book Value per Share
24
24
26
28
29
29
30
35
41
42
43
43
43
43
44
44
45
Basic Weighted Avg Shares
716
714
771
841
850
873
889
996
1,043
969
971
1,002
1,034
1,026
1,004
983
957
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
37
40
47
55
56
53
39
37
42
47
66
62
52
60
58
46
66
Depreciation Expense
123
124
141
119
140
102
152
206
225
173
114
57
227
181
-5
140
28
Net Income, GAAP
25.59
21.28
23.21
20.79
22.49
23.19
23.03
22.58
19.86
11.96
5.15
21.39
17.81
13.94
- -
18.94
35.21
Effective Tax Rate (%)
17.18
17.34
18.23
14.21
16.52
11.74
17.09
20.72
21.53
17.83
11.75
5.69
21.91
17.66
-0.55
14.23
2.91
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
3,637
5,003
6,481
5,420
5,311
5,943
10,144
12,379
11,737
12,397
13,179
14,032
15,045
15,230
15,594
15,628
15,842
LT Debt
1,136
1,218
1,541
1,434
1,545
1,587
1,975
2,330
2,496
2,568
2,611
2,641
2,781
2,858
2,828
2,882
2,755
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
12.32
12.22
11.88
8.88
10.2
6.96
9.32
10.49
9.89
6.99
4.41
1.91
8.84
6.67
-0.71
4.97
0.54
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Oct'25
Jan'26
Apr'26
ST Debt
- -
- -
- -
LT Borrowings
15,522
15,357
15,842
LT Finance Leases
106
- -
- -
Preferred Equity and Hybrid Capital
122
122
122
Shares Outstanding
45
45
45
Market Capitalization
1,470
1,774
1,794

Working Capital

FRC

•

in mil. unless spec.
Oct'25
Jan'26
Apr'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
1,631
1,771
1,748
Accounts Receivable, Net
189
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
1,196
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.42%
2.01%
1.89%
Free Cash Flow
54.59%
180.9%
111.32%
Net Income, GAAP
-248.38%
-503.94%
-2,643.63%
Sales/Revenue/Turnover
1.31%
0.27%
-2.14%
Total Cash Common Dividend
10.22%
8.85%
0.73%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
258
253
257
237
1,004
2025
249
243
247
245
983
2026
252
214
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.75
-2.72
0.67
- -
-0.41
2025
0.76
0.69
0.73
- -
2.84
2026
-0.58
-0.5
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.52
0.45
0.52
- -
1.95
2025
0.52
0.45
0.53
- -
1.99
2026
0.57
0.5
- -
- -
- -
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Business
Laurentian Bank of Canada (LB.TO) operates as a Schedule 1 commercial bank focused on personal banking, commercial lending, and specialized financial services primarily in Quebec with operations across Canada including Ontario, Alberta, British Columbia, and Nova Scotia; headquartered in Montreal since its founding in 1846 as the Montreal City and District Savings Bank, it provides retail deposit accounts, mortgages, personal loans, credit cards including a Visa line launched with Brim Financial in 2023, and small-to-medium enterprise banking solutions; through subsidiaries such as Laurentian Bank Securities, it offers fixed income trading as a primary dealer with the Bank of Canada, institutional services including trade execution and custody, specialized foreign exchange hedging, ActionGIC structured products with 100% capital protection linked to equities, and investment accounts; B2B Bank delivers alternative mortgages and business loans to brokers and advisors; Northpoint Commercial Finance, formed in 2024 by merging LBC Capital and Northpoint following the 2017 acquisition of Northpoint and earlier equipment financing expansions, leads in equipment and inventory financing across Canada and the U.S. with a $5.5 billion portfolio; personal banking advisory services feature multidisciplinary teams of planners and private bankers in dedicated centers. In December 2025, Laurentian Bank announces a transformative strategic shift to a specialty commercial bank, agreeing to a C$1.9 billion acquisition by Fairstone Bank of Canada for its commercial operations including real estate lending and inventory financing while divesting its retail and SME portfolios plus a C$0.9 billion syndicated loan portfolio to National Bank of Canada, pending shareholder and regulatory approvals, as part of its 2024 Strategic Plan emphasizing commercial specializations and digital simplification; earlier, in August 2024, iA Financial Group completes acquisition of Laurentian Bank Securities' retail full-service investment broker assets.