Laurentian Bank

LB-T

TSE:LB

43.21
0.03 (0.07%)
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.
More at Wikipedia

Analysis and Opinions about LB-T

Signal
Opinion
Expert
Chart
DON'T BUY
DON'T BUY
October 24, 2018

A troubled bank. Problems with mortgages last year sparked a plunge in investor confidence and a stock sell-off.
He avoids laggards in a sector.

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Laurentian Bank (LB-T)
October 24, 2018

A troubled bank. Problems with mortgages last year sparked a plunge in investor confidence and a stock sell-off.
He avoids laggards in a sector.

Brian Madden
Price
$40.770
Owned
No
WAIT
WAIT
October 22, 2018

Canadian banks don’t normally cut dividends but the dividend is high. This is the only bank he would look at. It could come down further during tax loss season.

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Laurentian Bank (LB-T)
October 22, 2018

Canadian banks don’t normally cut dividends but the dividend is high. This is the only bank he would look at. It could come down further during tax loss season.

Benj Gallander
Price
$41.920
Owned
Unknown
DON'T BUY
DON'T BUY
October 15, 2018

The yield has gone up as it has been out of favour. It went back to the lows of 2016. There are better financial names to be in like BMO-T or RY-T or TD-T. If it was to break down below this then it would get to a multiyear low.

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Laurentian Bank (LB-T)
October 15, 2018

The yield has gone up as it has been out of favour. It went back to the lows of 2016. There are better financial names to be in like BMO-T or RY-T or TD-T. If it was to break down below this then it would get to a multiyear low.

BUY
BUY
October 12, 2018

The dividend is definitely sustainable. They are paying out less than half their earnings. They had some mortgage issues in the past, but the stock price is at a very attractive level. Yield 6.3%.

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Laurentian Bank (LB-T)
October 12, 2018

The dividend is definitely sustainable. They are paying out less than half their earnings. They had some mortgage issues in the past, but the stock price is at a very attractive level. Yield 6.3%.

Ross Healy
Price
$40.660
Owned
No
DON'T BUY
DON'T BUY
October 12, 2018

Still undergoing contract negotiations. Adjusted EPS down 18%. Other income has decreased 7%. Loan growth ran into trouble. YTD, down the most of the Canadian banks. Playing catch up to its peers. Its quality is not on par with the rest of the banks.

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Laurentian Bank (LB-T)
October 12, 2018

Still undergoing contract negotiations. Adjusted EPS down 18%. Other income has decreased 7%. Loan growth ran into trouble. YTD, down the most of the Canadian banks. Playing catch up to its peers. Its quality is not on par with the rest of the banks.

David Driscoll
Price
$40.660
Owned
No
HOLD
HOLD
October 9, 2018

They are digesting a lot of changes in their business. Many write downs on their books. They think there is going to be a rally in the TSX for Q4 in Canadian Banks and they think this stock should participate. Not many red flags when they looked at it. Trading at 7 times earnings with a 6% dividend yield.

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Laurentian Bank (LB-T)
October 9, 2018

They are digesting a lot of changes in their business. Many write downs on their books. They think there is going to be a rally in the TSX for Q4 in Canadian Banks and they think this stock should participate. Not many red flags when they looked at it. Trading at 7 times earnings with a 6% dividend yield.

James Telfser
Price
$41.780
Owned
No
BUY
BUY
October 4, 2018

Stay long. It has underperformed the group. Trading under 8x forward earnings. It looks fine here. Great support here.

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Laurentian Bank (LB-T)
October 4, 2018

Stay long. It has underperformed the group. Trading under 8x forward earnings. It looks fine here. Great support here.

John Zechner
Price
$42.370
Owned
Unknown
WEAK BUY
WEAK BUY
September 27, 2018

When you look at TD-T and BMO-T, they have been the best performing banks this year and because of the US exposure. He is not sure this is where he would go with profits, compared to RBC and so on, they are very different businesses.

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Laurentian Bank (LB-T)
September 27, 2018

When you look at TD-T and BMO-T, they have been the best performing banks this year and because of the US exposure. He is not sure this is where he would go with profits, compared to RBC and so on, they are very different businesses.

Kash Pashootan
Price
$43.600
Owned
No
DON'T BUY
DON'T BUY
September 24, 2018

It is a well managed but regional and profitable bank. It has been for sale for a long time. There is a union there while other banks are non-union. It has a safe dividend. It is tough for them to grow. There won't be a lot of excitement in this name – steady as she goes.

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Laurentian Bank (LB-T)
September 24, 2018

It is a well managed but regional and profitable bank. It has been for sale for a long time. There is a union there while other banks are non-union. It has a safe dividend. It is tough for them to grow. There won't be a lot of excitement in this name – steady as she goes.

DON'T BUY
DON'T BUY
September 19, 2018

His partner just went through this stock and despite it having a great yield and trading below book value, it still needs time to improve. There are some mortgage lending issues that still need to be worked out. He would rather own any of the major chartered banks, despite having a lower 4% yield. Yield 6%.

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Laurentian Bank (LB-T)
September 19, 2018

His partner just went through this stock and despite it having a great yield and trading below book value, it still needs time to improve. There are some mortgage lending issues that still need to be worked out. He would rather own any of the major chartered banks, despite having a lower 4% yield. Yield 6%.

Lyle Stein
Price
$44.240
Owned
No
SHORT
SHORT
September 17, 2018

It is a 6% dividend and the payout is only 46% but the problem is the other metrics. Price moment has been poor and there have been some misses. It is a small short for him as a hedge against other financial positions.

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Laurentian Bank (LB-T)
September 17, 2018

It is a 6% dividend and the payout is only 46% but the problem is the other metrics. Price moment has been poor and there have been some misses. It is a small short for him as a hedge against other financial positions.

Jason Mann
Price
$43.050
Owned
No
DON'T BUY
DON'T BUY
September 14, 2018

It recently fell below $46, matching 2014 and 2016 lows. There are better places to put your money in financials.

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Laurentian Bank (LB-T)
September 14, 2018

It recently fell below $46, matching 2014 and 2016 lows. There are better places to put your money in financials.

DON'T BUY
DON'T BUY
September 6, 2018

It is the smallest of the banks. It does not have the scale. They have issues with mortgages. He would avoid it.

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Laurentian Bank (LB-T)
September 6, 2018

It is the smallest of the banks. It does not have the scale. They have issues with mortgages. He would avoid it.

Tim Regan
Price
$42.860
Owned
No
DON'T BUY
DON'T BUY
September 5, 2018

He prefers the U.S. banks because there's more growth in that economy. Also, U.S. bank stocks were beaten down. More upside there. They've also pulled back the past six months, so they're now attractive. Canadian banks are an
oligopoly, so are good long-term. LB is regional and hasn't looked at his closely. It's also lagged the big Canadian banks.

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Laurentian Bank (LB-T)
September 5, 2018

He prefers the U.S. banks because there's more growth in that economy. Also, U.S. bank stocks were beaten down. More upside there. They've also pulled back the past six months, so they're now attractive. Canadian banks are an
oligopoly, so are good long-term. LB is regional and hasn't looked at his closely. It's also lagged the big Canadian banks.

Alex Ruus
Price
$43.350
Owned
No
DON'T BUY
DON'T BUY
August 23, 2018

He would view it as a value trap. The spread is wider than it has been historically. The dividend looks attractive. It has a low PE and a high dividend yield so looks attractive. The issue is how Canadian-centric they are. He worries about investing in a solely Canadian bank relying on the Canadian consumer. They are betting the farm on Canada and the Canadian economy.

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Laurentian Bank (LB-T)
August 23, 2018

He would view it as a value trap. The spread is wider than it has been historically. The dividend looks attractive. It has a low PE and a high dividend yield so looks attractive. The issue is how Canadian-centric they are. He worries about investing in a solely Canadian bank relying on the Canadian consumer. They are betting the farm on Canada and the Canadian economy.

Kash Pashootan
Price
$47.770
Owned
Unknown
Showing 46 to 60 of 213 entries