Laurentian Bank

LB-T

TSE:LB

28.95
0.35 (1.22%)
The Laurentian Bank of Canada is a financial institution founded in 1846 whose activities extend across Canada. The Bank caters to the needs of retail clients via its branch network based in Quebec.
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Analysis and Opinions about LB-T

Signal
Opinion
Expert
WEAK BUY
WEAK BUY
April 27, 2020
You have to question everything including the possibility of anyone cutting the dividend back. He thinks they will come through this and thrive. He would look at buying a basket of the larger banks for the security of more diversified operations.
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Laurentian Bank (LB-T)
April 27, 2020
You have to question everything including the possibility of anyone cutting the dividend back. He thinks they will come through this and thrive. He would look at buying a basket of the larger banks for the security of more diversified operations.
DON'T BUY
DON'T BUY
February 20, 2020
Challenged, as it's a smaller bank and has to compete with the larger ones. Transition period right now. In the short-term, deposits are flat and loan books are down. Instead, look at the other six. Payout ratio is as high as it can go. Yield is 6%.
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Laurentian Bank (LB-T)
February 20, 2020
Challenged, as it's a smaller bank and has to compete with the larger ones. Transition period right now. In the short-term, deposits are flat and loan books are down. Instead, look at the other six. Payout ratio is as high as it can go. Yield is 6%.
DON'T BUY
DON'T BUY
February 10, 2020

It was the cheapest bank out there, but other banks' valuations have come down, so LB isn't as cheap anymore. LB can't expand; they don't have a national footprint. He doesn't own banks now, but would rank LB down the list. TD is his choice in this sector.

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Laurentian Bank (LB-T)
February 10, 2020

It was the cheapest bank out there, but other banks' valuations have come down, so LB isn't as cheap anymore. LB can't expand; they don't have a national footprint. He doesn't own banks now, but would rank LB down the list. TD is his choice in this sector.

DON'T BUY
DON'T BUY
February 3, 2020
He has three of the larger Canadian banks. They have been a perennial laggard in terms of return on equity. The dividend grows more slowly than other banks and so the illusion of higher yield is tantalizing. He thinks you can do better elsewhere in the financial sector.
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Laurentian Bank (LB-T)
February 3, 2020
He has three of the larger Canadian banks. They have been a perennial laggard in terms of return on equity. The dividend grows more slowly than other banks and so the illusion of higher yield is tantalizing. He thinks you can do better elsewhere in the financial sector.
COMMENT
COMMENT
December 23, 2019
Canadian Banks He owns Laurentian bank and is holding it for the dividends. In a recession, he expects the Canadian banking sector will get killed. He would likely move to holding the preferreds as he expects a recession by 2021 as it will be safer. You might do better looking into European banks that could create better capital appreciation and dividends. Taking some money off the table, early in the New Year, would make sense. He would be cautious about shorting any Canadian banks as you have to cover the dividends.
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Laurentian Bank (LB-T)
December 23, 2019
Canadian Banks He owns Laurentian bank and is holding it for the dividends. In a recession, he expects the Canadian banking sector will get killed. He would likely move to holding the preferreds as he expects a recession by 2021 as it will be safer. You might do better looking into European banks that could create better capital appreciation and dividends. Taking some money off the table, early in the New Year, would make sense. He would be cautious about shorting any Canadian banks as you have to cover the dividends.
PAST TOP PICK
PAST TOP PICK
December 17, 2019
(A Top Pick Jul 27/17, Down 6%) They're transitioning as they invest a lot in tech to optimize the bank. The dividend is safe. But it'll take several quarters before seeing the benefits of optimizing. The toughest part is behind them (closing branches), so expect a better share price ahead.
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Laurentian Bank (LB-T)
December 17, 2019
(A Top Pick Jul 27/17, Down 6%) They're transitioning as they invest a lot in tech to optimize the bank. The dividend is safe. But it'll take several quarters before seeing the benefits of optimizing. The toughest part is behind them (closing branches), so expect a better share price ahead.
PAST TOP PICK
PAST TOP PICK
December 4, 2019
(A Top Pick Dec 07/18, Up 20%) LB is in the best-fiscally run province in Canada, and LB's risks are fairly low. The stock has had a good move lately. A definite hold. It's cheaper than the bigger banks based on book value, and pays a fine yield.
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Laurentian Bank (LB-T)
December 4, 2019
(A Top Pick Dec 07/18, Up 20%) LB is in the best-fiscally run province in Canada, and LB's risks are fairly low. The stock has had a good move lately. A definite hold. It's cheaper than the bigger banks based on book value, and pays a fine yield.
PAST TOP PICK
PAST TOP PICK
September 18, 2019
(A Top Pick Aug 20/18, Up 1%) Most of the banks have done nothing over the last year. Falling interest rates tends to squeeze bank margins.
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Laurentian Bank (LB-T)
September 18, 2019
(A Top Pick Aug 20/18, Up 1%) Most of the banks have done nothing over the last year. Falling interest rates tends to squeeze bank margins.
DON'T BUY
DON'T BUY
July 15, 2019
They should be doing well with a strong Quebec real estate market, but they are not. There's a ticking time bomb in their mortgage book. They are also unionized, so they pay higher costs. They compete against the big banks, which is tough. Reading between the lines, there's something worrisome with LB.
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They should be doing well with a strong Quebec real estate market, but they are not. There's a ticking time bomb in their mortgage book. They are also unionized, so they pay higher costs. They compete against the big banks, which is tough. Reading between the lines, there's something worrisome with LB.
PAST TOP PICK
PAST TOP PICK
July 11, 2019
(A Top Pick Aug 20/18, Up 1%) Likes it because Quebec is the most fiscally responsible province. Montreal real estate is on a roll. Quebec is turning out as a good place to be. Nice yield. Mortgages have been an issue, plus Americans are down on Canadian banks. Hang on and get well paid to wait.
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(A Top Pick Aug 20/18, Up 1%) Likes it because Quebec is the most fiscally responsible province. Montreal real estate is on a roll. Quebec is turning out as a good place to be. Nice yield. Mortgages have been an issue, plus Americans are down on Canadian banks. Hang on and get well paid to wait.
BUY
BUY
July 9, 2019
Canadian banks are fine, and LB is below its average. A definite buy.
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Canadian banks are fine, and LB is below its average. A definite buy.
WEAK BUY
WEAK BUY
July 4, 2019
It is a smaller bank, a regional player. It is tough in Canada to complete with the top 5. It is the only bank that is unionized. It could be caught in the culture by a bigger player. But the banks in Canada should do well in general.
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It is a smaller bank, a regional player. It is tough in Canada to complete with the top 5. It is the only bank that is unionized. It could be caught in the culture by a bigger player. But the banks in Canada should do well in general.
COMMENT
COMMENT
July 3, 2019

NA or LB? He prefers NA-T as it is better quality and has a more diverse revenue base. He thinks LB-T is having issues and that will continue for some time to come.

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NA or LB? He prefers NA-T as it is better quality and has a more diverse revenue base. He thinks LB-T is having issues and that will continue for some time to come.

PAST TOP PICK
PAST TOP PICK
June 6, 2019
(A Top Pick Jul 30/18, Down 1%) LB isn't far from its valuation. Quebec is the strongest province, fiscally. LB struggles because it had mortgage accounting issues, which hasn't faded yet. He sees good potential and still holds it.
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(A Top Pick Jul 30/18, Down 1%) LB isn't far from its valuation. Quebec is the strongest province, fiscally. LB struggles because it had mortgage accounting issues, which hasn't faded yet. He sees good potential and still holds it.
DON'T BUY
DON'T BUY
May 17, 2019
When things turn for a small cap, things can get ugly. LB has trouble growing--head office troubles, mortgage troubles. Buy a big Canadian bank instead. Avoid this.
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When things turn for a small cap, things can get ugly. LB has trouble growing--head office troubles, mortgage troubles. Buy a big Canadian bank instead. Avoid this.
Showing 1 to 15 of 205 entries

Laurentian Bank(LB-T) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 7

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 4

Total Signals / Votes : 11

Stockchase rating for Laurentian Bank is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Laurentian Bank(LB-T) Frequently Asked Questions

What is Laurentian Bank stock symbol?

Laurentian Bank is a Canadian stock, trading under the symbol LB-T on the Toronto Stock Exchange (LB-CT). It is usually referred to as TSX:LB or LB-T

Is Laurentian Bank a buy or a sell?

In the last year, 11 stock analysts published opinions about LB-T. 7 analysts recommended to BUY the stock. 4 analysts recommended to SELL the stock. The latest stock analyst recommendation is WEAK BUY. Read the latest stock experts' ratings for Laurentian Bank.

Is Laurentian Bank a good investment or a top pick?

Laurentian Bank was recommended as a Top Pick by Bruce Campbell (2) on 2020-04-27. Read the latest stock experts ratings for Laurentian Bank.

Why is Laurentian Bank stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Laurentian Bank worth watching?

11 stock analysts on Stockchase covered Laurentian Bank In the last year. It is a trending stock that is worth watching.

What is Laurentian Bank stock price?

On 2020-07-02, Laurentian Bank (LB-T) stock closed at a price of $28.95.