LAURENTIAN BANK chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 22.21
Dividend & Yield1.78C$ (5.90%)
Beta 1.15
Market capitalization 1.33B
Operating cash flow -2.98B
ESG Scores unknown

Company description

Laurentian Bank of Canada, together with its subsidiaries, provides various financial services to personal, business, and institutional customers in Canada and the United States. It operates through three segments: Personal Banking, Commercial Banking, and Capital Markets. The company offers notice, demand, and term deposits; commercial, residential mortgage, and personal loans; real estate, and equipment and inventory financing; and credit life and disability insurance products. It also provides investment securities services; research, market analysis, and advisory services; corporate underwriting services for debt and equity; and administrative, foreign exchange, and trustee services. The company sells its products through the bank's financial clinics, advisors, broker channels, and digital platforms. Laurentian Bank of Canada was founded in 1846 and is headquartered in Montréal, Canada.

Sector: Financial Services - Industry: Banks—Regional

Financial data

Diluted earning per share

Net income vs Operating income

Asset vs Liabilities

Similar Companies
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Financial Statements

Cashflow Statement 2018-10-31 2019-10-31 2020-10-31 2021-10-31
Change To Liabilities
Total Cashflows From Investing Activities 448.29M 347.76M -599.87M -29.31M
Net Borrowings -18.55M -18.55M -18.55M -19.72M
Total Cash From Financing Activities -967.54M -2.46B -1.86B -1.03B
Change To Operating Activities 843.55M 2.46B 1.04B 1.46B
Issuance Of Stock 139.12M 11k 1.59M 125.05M
Net Income 224.65M 172.71M 114.08M 57.07M
Change In Cash 4.51M -25.83M -21M -659k
Effect Of Exchange Rate 3.16M -1.07M 3.45M -3.95M
Total Cash From Operating Activities 520.6M 2.08B 2.43B 1.07B
Depreciation 22.98M 31.14M 49.86M 44.98M
Change To Account Receivables
Other Cashflows From Financing Activities -917.94M -2.35B -1.73B -933.36M
Change To Netincome -44.34M -9.7M 500.32M 87.4M
Capital Expenditures -53.28M -5.5M -11.28M -15.06M

Income Statement 2018-10-31 2019-10-31 2020-10-31 2021-10-31
Research Development
Income Before Tax 280.33M 196.16M 120.28M 72.59M
Net Income 224.65M 172.71M 114.08M 57.07M
Selling General Administrative 594.01M 554.75M 571.06M 563.4M
Gross Profit 999.41M 924.11M 854.71M 952.96M
Ebit
Operating Income 288.63M 208.84M 138.57M 264.44M
Interest Expense
Income Tax Expense 55.69M 23.45M 6.2M 15.53M
Total Revenue 999.41M 924.11M 854.71M 952.96M
Cost Of Revenue
Total Other Income ExpenseNet -8.3M -12.68M -18.29M -191.84M
Net Income From Continuing Ops 224.65M 172.71M 114.08M 57.07M
Net Income Applicable To Common Shares 210.61M 159.74M 101.62M 44.8M

Balance Sheet Statement 2018-10-31 2019-10-31 2020-10-31 2021-10-31
Total Liabilities 43.4B 41.79B 41.56B 42.44B
Total Stockholder Equity 2.25B 2.32B 2.37B 2.52B
Other Current Liabilities 3.48B 1.09B 1.03B 911.75M
Total Assets 45.89B 44.35B 44.17B 45.08B
Common Stock 1.12B 1.14B 1.16B 1.17B
Other Current Assets 386.58M 510.42M 146.53M 115.83M
Retained Earnings 1.15B 1.16B 1.15B 1.2B
Treasury Stock -15.72M 22.76M 54.74M 150.81M
Cash 116.49M 90.66M 69.66M 69M
Total Current Liabilities 35.2B 32.16B 30.01B 29.97B
Other Stockholder Equity -15.72M 22.76M 54.74M 150.81M
Property, Plant, and Equipment 96.34M 89.35M 209.24M 106.28M
Total Current Assets 7.49B 7.09B 6.86B 7.49B
Net Tangible Assets 1.77B 1.82B 1.87B 2.16B
Net Receivables 32.07M 53.01M 35.45M 391.59M
Accounts Payable 28.46B 26.18B 24.57B 23.94B


Insider Transactions

Here are the insider transactions of stock shares related to LAURENTIAN BANK:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Zelenczuk, NicholasAcquisition or disposition in the public market at price 21.76 per share.D2022-09-30Director of Issuer1k
Zelenczuk, NicholasAcquisition or disposition in the public market at price 25.66 per share.D2022-09-13Director of Issuer1k
Schoueri (Badih)Acquisition or disposition in the public market at price 25.41 per share.D2022-09-08Senior Officer of Issuer500
Mueller (Mike)Acquisition or disposition in the public market at price 25.54 per share.D2022-09-08Director of Issuer14.9k
Gouin (Suzanne)Acquisition or disposition in the public market at price 25.43 per share.D2022-09-08Director of Issuer1k
Farooqi (Sarim)Acquisition or disposition in the public market at price 25.12 per share.D2022-09-07Senior Officer of Issuer302
Baxendale (Sonia A)Compensation for services at price 26.78 per share.D2022-09-06Director of Issuer255
Savoy (Michelle Renee)Compensation for services at price 26.78 per share.D2022-09-06Director of Issuer110
Baxendale (Sonia A)Compensation for services at price 33.51 per share.D2022-06-06Director of Issuer214
Savoy (Michelle Renee)Compensation for services at price 33.51 per share.D2022-06-06Director of Issuer88
Viau (Marie-Annick)D2022-03-14Senior Officer of Issuer
Mason, William James AlexanderAcquisition or disposition under a purchase/ownership plan at price 32.06 per share.D2022-03-07Senior Officer of Issuer117
Baxendale (Sonia A)Compensation for services at price 32.67 per share.D2022-03-07Director of Issuer214
Savoy (Michelle Renee)Compensation for services at price 32.67 per share.D2022-03-07Director of Issuer103
Swinemar (Adam)Acquisition or disposition in the public market at price 32.51 per share.D2022-03-07Senior Officer of Issuer50
Bolger, Andrea ElaineAcquisition or disposition in the public market at price 35.51 per share.I2022-01-17Director of Issuer750
Langevin (Thierry)Acquisition or disposition under a purchase/ownership plan at price 33.95 per share.D2021-12-31Senior Officer of Issuer286
Migliara, AntoninoAcquisition or disposition under a purchase/ownership plan at price 33.01 per share.I2021-12-31Senior Officer of Issuer12
Migliara, AntoninoAcquisition or disposition under a purchase/ownership plan at price 33.01 per share.D2021-12-31Senior Officer of Issuer500
Gunderson (Kelsey)Acquisition or disposition under a purchase/ownership plan at price 28.46 per share.D2021-12-31Senior Officer of Issuer1.87k
Gunderson (Kelsey)Acquisition or disposition under a purchase/ownership plan at price 25.77 per share.I2021-12-31Senior Officer of Issuer198
Llewellyn (Rania)Acquisition or disposition under a purchase/ownership plan at price 31.20 per share.D2021-12-31Director of Issuer192
Llewellyn (Rania)Acquisition or disposition under a purchase/ownership plan at price 37.15 per share.I2021-12-31Director of Issuer68
Lopresti, AndreAcquisition or disposition under a purchase/ownership plan at price 34.10 per share.D2021-12-31Senior Officer of Issuer92
Provost, EricAcquisition or disposition under a purchase/ownership plan at price 32.96 per share.D2021-12-31Senior Officer of Issuer623
Mason, William James AlexanderAcquisition or disposition under a purchase/ownership plan at price 32.53 per share.D2021-12-31Senior Officer of Issuer2.28k
Farooqi (Sarim)Acquisition or disposition under a purchase/ownership plan at price 31.26 per share.I2021-12-31Senior Officer of Issuer156
Deschamps, YvanAcquisition or disposition under a purchase/ownership plan at price 32.48 per share.D2021-12-31Senior Officer of Issuer271
Farooqi (Sarim)Acquisition or disposition under a purchase/ownership plan at price 31.26 per share.D2021-12-31Senior Officer of Issuer45
Baxendale (Sonia A)Compensation for services at price 32.19 per share.D2021-12-13Director of Issuer218
Savoy (Michelle Renee)Compensation for services at price 32.19 per share.D2021-12-13Director of Issuer104
Langevin (Thierry)D2021-11-01Senior Officer of Issuer

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to LAURENTIAN BANK. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on LAURENTIAN BANK

Here is the result of two systematic investment strategies applied to LAURENTIAN BANK. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on LAURENTIAN BANK

The following chart shows the equity curve of the two systematic investment strategies applied to LAURENTIAN BANK:

LAURENTIAN BANK automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 1.36% on the backtest period.

Performance at glance

Performance

1.36 %

Latent gain

20.32 C$

Invested capital

1498.32 C$

Annualized return

0.33 %
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Momentum strategy results on LAURENTIAN BANK

This is the result of two momentum investment strategies applied to LAURENTIAN BANK. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on LAURENTIAN BANK

The following chart shows all the entries opened by the momentum investment system on LAURENTIAN BANK:

LAURENTIAN BANK momentum entries
  • The first momentum investment strategy would give -2.63% of return on LAURENTIAN BANK. That represents -104.97C$ of latent gain with 3994.17C$ of employed capital.
  • The second momentum investment strategy would give -6.44% of return on LAURENTIAN BANK. That represents -242.01C$ of latent gain with 3760.81C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-2.63 %

Latent gain

-104.97 C$

Invested capital

3994.17 C$

Annualized return

3.14 %
Performance at glance (2Q Momentum)

Performance

-6.44 %

Latent gain

-242.01 C$

Invested capital

3760.81 C$

Annualized return

-1.76 %

Momentum equity curve on LAURENTIAN BANK

The following chart shows the equity curve of the two momentum strategies applied to LAURENTIAN BANK:

LAURENTIAN BANK momentum equity

Note: the dividends potentially given by LAURENTIAN BANK are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on LAURENTIAN BANK

The following chart shows the employed capital evolution of the two momentum strategies on LAURENTIAN BANK since the beginning:

LAURENTIAN BANK

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on LAURENTIAN BANK

Buy the dip entry openings on LAURENTIAN BANK

LAURENTIAN BANK

The performance achieved by the robo-advisor on LAURENTIAN BANK is 6.71%. That represents 67.59$ of latent gain with 1006.57C$ of employed capital. The following chart shows LAURENTIAN BANK stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of LAURENTIAN BANK, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

6.71 %

Latent gain

67.59 C$

Invested capital

1006.57 C$

Annualized return

3.14 %

Equity curve of the strategy applied to LAURENTIAN BANK

The following chart shows the result of the investment strategy applied to LAURENTIAN BANK:

LAURENTIAN BANK

Note: the dividends potentially given by LAURENTIAN BANK are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on LAURENTIAN BANK

The following chart shows the employed capital evolution since the beginning of the investment strategy on LAURENTIAN BANK:

LAURENTIAN BANK

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on LAURENTIAN BANK

In this section, I will compare the three previous investment strategies applied to LAURENTIAN BANK.

Equity curve comparison on LAURENTIAN BANK

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

LAURENTIAN BANK investment strategy comparison

Employed capital comparison on LAURENTIAN BANK

LAURENTIAN BANK investment comparison

Performance comparison on LAURENTIAN BANK

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 1.36% 20.32C$ 1498.32C$ 0.33%
Momentum 1 quarter -2.63% -104.97C$ 3994.17C$ -0.67%
Momentum 2 quarters -6.44% -242.01C$ 3760.81C$ -1.76%
Non-directional 6.71% 67.59C$ 1006.57C$ 3.14%
Annualized return comparison

Automatic investment

0.33 %

Momentum 1Q

-1.76 %

Momentum 2Q

-1.76 %

Non-directional

3.14 %

Correlated stocks

Here are the most positively and negatively correlated stocks with LAURENTIAN BANK:

Positive correlations

Most correlated stocks this year

  • LAURENTIAN BANK

  • Most correlated stocks last 3 months

  • AUTO ITALIA
  • LAURENTIAN BANK
  • X Financial
  • CHORUS AVIATION INC

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between LAURENTIAN BANK and the other stocks. There may be false positives or some missing correlated stocks. If the price of LAURENTIAN BANK does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name LAURENTIAN BANK
    Country Canada
    City Montreal
    Address 1360 RenE-LEvesque Boulevard West
    Phone
    Website lbcfg.ca
    FullTime employees 3000
    Industry Banks—Regional
    Sector Financial Services
    Exchange XTSE
    Ticker LB.XTSE
    Market

    LAURENTIAN BANK ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 0
    Peer Environment Performance unknown
    Environment Percentile unknown
    Palm Oil unknown
    Nuclear unknown
    Fur Leather unknown
    GMO unknown
    Coal unknown
    Pesticides unknown
    Animal Testing unknown

    Social scores

    Social ESG Factors Scores
    Social Score 0
    Peer Social Performance unknown
    Social Percentile unknown
    Highest Controversy unknown
    Peer Highest Controversy Performance unknown
    Adult unknown
    Gambling unknown
    Alcoholic unknown
    Tobacco unknown
    Catholic unknown
    Controversial Weapons unknown
    Small Arms unknown
    Military Contract unknown
    Peer Count unknown

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 0
    Peer Governance Performance unknown
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: unknown
    Environment Score: 0
    Social Score: 0
    Governance Score: 0

    ESG Performance: unknown

    Peer Group: unknown

    Peer Esg Score Performance: unknown

    Rating Year: unknown

    Rating Month: unknown

    Max Age: unknown

    Percentile: unknown