$1.48 EPS Expected for Laurentian Bank of Canada (LB)

August 13, 2018 - By Alicia Butler

Laurentian Bank of Canada (TSE:LB) Logo

Analysts expect Laurentian Bank of Canada (TSE:LB) to report $1.48 EPS on September, 4.They anticipate $0.15 EPS change or 9.20 % from last quarter’s $1.63 EPS. T_LB’s profit would be $61.94M giving it 7.96 P/E if the $1.48 EPS is correct. After having $1.47 EPS previously, Laurentian Bank of Canada’s analysts see 0.68 % EPS growth. The stock decreased 0.46% or $0.22 during the last trading session, reaching $47.12. About 227,004 shares traded. Laurentian Bank of Canada (TSE:LB) has 0.00% since August 13, 2017 and is . It has underperformed by 12.57% the S&P500.

Laurentian Bank of Canada, together with its subsidiaries, provides banking services to individuals, small and medium-sized enterprises, and independent advisors in Canada and the United States. The company has market cap of $1.97 billion. It operates through four divisions: Retail Services, Business Services, B2B Bank, and Capital Markets. It has a 8.37 P/E ratio. The firm offers transactional products and current accounts, term deposits, and investment accounts; personal line of credit, personal loans, student loans, and registered retirement savings plans; financing for agriculture, real estate, and commercial industries, as well as small and medium-sized enterprises; mortgage solutions, such as variable-rate mortgage, fixed-rate mortgage, equity line of credit, mortgage insurance, and retirement line of credit; and credit and business cards, as well as equipment finance and leasing solutions.

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