LB.TO
Price:
$26.44
Market Cap:
$1.16B
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...[Read more]
Industry
Banks - Regional
IPO Date
1995-01-12
Stock Exchange
TSX
Ticker
LB.TO
According to Laurentian Bank of Canada’s latest financial reports and current stock price. The company's current ROE is -0.56%. This represents a change of 167.15% compared to the average of -0.21% of the last 4 quarters.
The mean historical ROE of Laurentian Bank of Canada over the last ten years is 6.88%. The current -0.56% ROE has changed -108.18% with respect to the historical average. Over the past ten years (40 quarters), LB.TO's ROE was at its highest in in the July 2015 quarter at 2.71%. The ROE was at its lowest in in the April 2024 quarter at -4.48%.
Average
6.88%
Median
7.21%
Minimum
2.16%
Maximum
9.09%
Discovering the peaks and valleys of Laurentian Bank of Canada ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 277.01%
Maximum Annual ROE = 9.09%
Minimum Annual Increase = -50.54%
Minimum Annual ROE = 2.16%
Year | ROE | Change |
---|---|---|
2023 | 6.33% | -22.25% |
2022 | 8.15% | 277.01% |
2021 | 2.16% | -50.54% |
2020 | 4.37% | -35.05% |
2019 | 6.73% | -25.26% |
2018 | 9.00% | 1.58% |
2017 | 8.86% | 15.17% |
2016 | 7.69% | 19.14% |
2015 | 6.46% | -28.95% |
2014 | 9.09% | 8.38% |
The current ROE of Laurentian Bank of Canada (LB.TO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
5.55%
5-year avg
5.55%
10-year avg
6.88%
Laurentian Bank of Canada’s ROE is less than Canadian Western Bank (7.45%), less than National Bank of Canada (14.96%), less than Canadian Imperial Bank of Commerce (12.21%), less than Great-West Lifeco Inc. (14.17%), less than Power Corporation of Canada (12.83%),
Company | ROE | Market cap |
---|---|---|
7.45% | $5.52B | |
14.96% | $45.07B | |
12.21% | $82.40B | |
14.17% | $43.62B | |
12.83% | $28.62B |
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How does the current ROE for Laurentian Bank of Canada (LB.TO) compare to its historical average?