Life & Banc Split Corp.

Life & Banc Split Corp.

LBS.TO
Life & Banc Split Corp.CA flagToronto Stock Exchange
13.22
CAD
-0.04
- -
877.28MMarket Cap
Life & Banc Split Corp.
LBS.TO
(Toronto Stock Exchange)

Recent

price

13.22

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
0.75
-1.57
2.76
4.8
2.03
-0.38
4
2.23
-2.19
3.78
-0.5
5.32
-1.34
2.25
4.19
5.91
Revenue per Share
1.43
-2.19
2.19
4.15
1.5
-0.98
3.47
1.62
-2.76
3.17
-1.06
4.72
-1.95
1.52
3.49
5.22
Basic EPS, GAAP
0.76
-3.57
0.66
-1.07
1.24
-2.4
1.19
-2.41
-1.68
0.26
0.69
-0.57
-1.95
-1.53
-0.7
0.02
Free Cash Flow per Basic Share
1.2
1.08
0.8
1.19
1.2
1.18
1.2
1.18
1.04
1.19
0.4
1.2
1.19
1.19
1.09
1.11
Dividend per Share
-6.09
4.52
5.58
9.55
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
8.63
5.25
6.27
10.24
9.58
8.04
9.74
11.53
5.68
8.06
6.39
10.15
7.49
7.94
9.37
13.06
Tangible Book Value per Share
10
13
14
14
15
17
18
19
27
27
27
30
33
39
49
52
Basic Weighted Avg Shares
8
-20
38
66
31
-7
73
43
-59
102
-14
158
-44
88
205
304
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
15
-21
37
64
30
-9
72
41
-63
100
-14
156
-47
81
203
303
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
191.61
104.25
98.25
97.08
97.24
131.87
98.75
94.24
106.07
98.34
102.52
99.08
105.03
92.54
98.89
99.59
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
88
68
86
141
145
137
179
223
153
217
174
301
247
310
458
673
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
44.39
54.96
34.52
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
22.1%
35.01%
47.01%
Free Cash Flow
-47.63%
-12.09%
-102.31%
Net Income, GAAP
-302.8%
-283.13%
49.61%
Sales/Revenue/Turnover
-337.93%
-298.61%
48.55%
Total Cash Common Dividend
-65.43%
-114.21%
8.8%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
88
2024
- -
- -
- -
- -
205
2025
- -
- -
- -
- -
304

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
1.52
2024
- -
- -
- -
- -
3.49
2025
- -
- -
- -
- -
5.22

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
1.19
2024
- -
- -
- -
- -
1.09
2025
- -
- -
- -
- -
1.11
Business
Life & Banc Split Corp. (TSX: LBS, LBS.PR.A) operates as a closed-end split share investment corporation that holds an equally weighted portfolio of common shares from Canada's six largest banks, including Royal Bank of Canada, Toronto-Dominion Bank, Bank of Montreal, Bank of Nova Scotia, Canadian Imperial Bank of Commerce, and National Bank of Canada, and four major life insurance companies, including Manulife Financial Corp., Sun Life Financial Inc., Great-West Lifeco Inc., and iA Financial Corporation Inc.; it issues Class A shares, which offer monthly cash distributions targeting $0.10 per share and leveraged capital appreciation potential, and Preferred shares (LBS.PR.A), which provide fixed cumulative quarterly preferential dividends and priority capital repayment upon termination. Managed by Brompton Funds Limited since its formation on September 6, 2006, and headquartered in Toronto, the corporation focuses on the Canadian financial sector to deliver high income and growth for Class A holders while prioritizing stability for Preferred shareholders, with portfolio exposure as of October 31, 2025, showing approximately 10% weighting per constituent and 1.4% cash. In October 2025, the corporation announces a 10% Class A share split for shareholders of record on October 27, 2025, subject to Toronto Stock Exchange approval, alongside an increase in total distributions to enhance accessibility amid strong historical performance of 20.5% annualized total return over the past 10 years for Class A shares on a net asset value basis; it maintains monthly distributions of CAD 0.10 per Class A share through December 2025 and offers a commission-free distribution reinvestment plan.

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