Rank Laurentian Bank Preferreds

This compare tool allows you to Rank Laurentian Bank Preferreds, based on the latest stock information available. Our goal is to provide you with the information and metrics related to the Laurentian Bank preferreds. Your goal is to establish which preferred will provide you the best returns. If you are buying today, these tools will expedite and aid the selection process. Given all the data available here, an informed decision is within reach.

In a market with low volumes you can use this information to identify mispriced shares. Since all preferreds belong to the same issuer, the risk is the same for all of them.

Laurentian Bank Brief Overview

Visit the Laurentian Bank company website to see the preferred share prospectus, news and other information.

Sector: Financial Services

Core businesses and operations:

  1. Offers personal and commercial banking, real estate financing, corporate banking
  2. Provides banking products to brokers and financial services across Canada.

The latest information and statistics on their common stock LB, can be easily accessed using websites like TMX Money.

Next Dividend Pay Date: 2021Dec15. Dividend Payment Schedule: 2022MAR15 , 2021JUN15 , 2021SEP15 , 2021DEC15

Next Ex-Dividend Date: 2021Dec06. Ex Dividend Date Schedule: 2022MAR06 , 2021JUN06 , 2021SEP06 , 2021DEC06

 

Laurentian Bank Credit Rating

The latest credit rating for Laurentian Bank are listed in the table below. For additional information on credit rating agencies and codes see our article Credit Rating Symbols.

S&P CorporateS&P PreferredsDBRS Long TermDBRS PreferredsS&P Global CorporateS&P Global PreferredsMoody's LongTermFitch Long TermFitch Short Term
BBB A(low)PFD-3

Laurentian Bank Common Share Metrics

Symbol: TSE:LBCurrency: CADMarket Cap: $1,672,850,335Price: $38.45
P/E: 9.12P/B: 0.71Dividend: $0.40Yield: 4.16%
Beta: 0.8700



 
 

Rank Laurentian Bank Preferreds - Compare Tool.

If you need more information on how to use the metrics below, watch our video Introduction to Compare Tools or see our post how to pick the best preferred share of a company


The following metrics are now only available on the premium version of this tool:


  1. Reset Date.
  2. Reset (Yield | Dividend).
  3. Blended (Yield | Dividend).
  4. Rate Change Percent. Reflects the effect or the current price on the issue rate of the preferred. Here you see the effective new rate of the share due to its drop or rise of its share value
  5. Rate Change To Value.
  6. New Spread Change.
  7. New Spread Value.
  8. Short Position. If there is a short position on the preferred this shows the size of the short position
  9. Additional Features.
  10. Years To Double Initial Investment.
  11. Outstanding float.
  12. Market Cap In Bilions. The company Market Cap.
  13. Common Stock P/E Ratio.
  14. Common Stock P/B Ratio.
  15. Common Stock Yield.
Last Updated: Market Data Nov-27 09:24, Model Metrics Nov-27 09:57
SymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield Dividend)Name
LB-H LB.PR.H CA51925D8254 $22.47$24.30$15.415YR + 2.55%04.59% $1.0308Preferred_Shares_Series_13
 
 

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A limited number of rows is included with the full metrics. This is a sample only. See link at footer for information on subscription to the premium version


Last Updated: Market Data Nov-27 09:24, Model Metrics Nov-27 09:57
SymbolPrice52W High52W Low
Fixed Rate Baseyield and dividend for the current issue based on last night’s closing stock price
Current (Yield Dividend)
Reset (Yield Dividend)yield and dividend for the current issue after the upcoming reset
Blended (Yield Dividend)follow link passed the end of the table to see definition
Yield To CallReset Date Y/M/DRate Change percentRate Change to valueNew Spread ChangeNew Spread valueShort PositionAdditional FeaturesYears To Double Initial InvestmentOutstanding FloatName
LB-H LB.PR.H CA51925D8254 $22.47$24.30$15.415YR + 2.55%04.59% $1.030804.39% | $0.985804.48% $1.00 10@cy+10@ry8.60%2024jun15011%4.38%010%2.80%7,334 Non-Cumulative NVCC ACTSWHC15.445,000,000Preferred_Shares_Series_13
www.canadianpreferredshares.ca - Rank Laurentian Bank Preferreds

Additional Information

Continue to Rank Laurentian Preferreds – Page 2 of 2 where you can find:

  1. What if “Yield Scenarios” for Laurentian 5 year resets.
  2. Graph of all Laurentian preferred share yields
  3. Prospectus Information for each Laurentian preferred