TSE:LB

Laurentian Bank (LB.TO)

40.26
+0.08 (0.20%)
as of Jul 15, 2026, 8:00:00 pm Market Open.
248 watching
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Investor Insights
star iconJul 15, 2026, 12:00 am

This summary was created by AI, based on 5 opinions in the last 12 months.

The sentiment surrounding Laurentian Bank (LB-T) is predominantly negative among the experts. Many believe that the recent transactions signal a troubling future for the bank, with one reviewer stating that the deal marks 'the end of the line.' The bank trades at a price-to-earnings ratio of 10.5x, significantly lower than its peers, suggesting that it might be undervalued. However, there is concern about the bank's viability, as it previously attempted to sell itself without attracting any buyers, heightening fears regarding its operational health and competitiveness against larger banks. Experts are wary of potential synergies from a merger which could lead to mass firings. Overall, the reviews indicate that investors should exercise caution.

consensus icon
Consensus
Avoid
valuation icon
Valuation
Undervalued
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Pnc,PNC
BUY
(Market Call Minute.) Would prefer the bigger cap Canadian banks given their better diversification. They have done a very good job in improving their results.
COMMENT
Has had a very nice move. He still likes the banks and this one has less risk than many of the others. 3% dividend.
COMMENT
This is more of a regional bank and the regional banks didn't stop their toes on the bigger lending issues that some of the bigger players did. Earnings have held up relatively better during this downturn. This has given a higher multiple on the stock. Whether they can continue this way, he doesn't know if he would bet on it.
HOLD
(Market Call Minute.) Other banks will do stronger and it will be harder for them to generate earnings bottom line.
DON'T BUY
Doesn't see the growth potential. Prefers Canadian Western (CWB-T), because of the Western focus.
COMMENT
A Quebec-based bank. Have done fairly well over the years. He has not owned because of its very localized market.
DON'T BUY
The worst managed of the Canadian banks. Also, it is purely in Quebec, whose economy is not having a great time at the moment. Selling at book value.
COMMENT
Likes the banks. One of the best looking charts among the 7 banks. A ratio of 12 X and a yield of about 3.6%. Credit rating was reduced sometime ago and has not been upgraded yet. Would prefer to go Bank of Montreal (BMO-T) route.
HOLD
Perfect yield and one of the cheapest banks based on price to 07 earnings. Wouldn't be his first choice.
COMMENT
Trading below book value. Labour force is very highly unionized. This hurts its productivity and attractiveness to any acquirer. Its capital market group is still in its infancy, which is a major profit centre for most banks.
BUY
The cheapest of the seven banks. Highest yield. Hopefully the spread between its P/E and the other banks will narrow.
DON'T BUY
Has a much lower ROE average than the other banks. Their growth has been sporadic and weaker than other banks on average. Prefers other banks.
SELL
Outperformed last year and is the weakest and smallest of the banks.
COMMENT
This is a laggard to the rest of the banks. If you are in a group where the peers keep rising and yours doesn’t, you might be best to just step off. Right now it looks like it is trying to get a base.
DON'T BUY
Chart shows a downtrend earlier this year. Market dropped in May. This was followed by the whole market going up, including financials. Except for this one.
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