Profile
Company facts
- Exchange
- TO
- Currency
- CAD
- Sector
- Financial Services
- Industry
- Asset Management
- ISIN
- CA53184C1005
- Market cap
- 2B
- P/E ratio
- 1.41
- Analyst target
- Not available
- Dividend yield
- 9.0%
- Beta
- 1.31
About
About Life & Banc Split Corp
Life & Banc Split Corp. is a closed-ended equity mutual fund launched and managed by Brompton Funds Limited. The fund invests in the public equity markets of Canada. It seeks to invest in stocks of companies operating across banking and life insurance sector. The fund primarily invests in the stocks of the six largest banks of the country, as well as of life insurance companies, utilizing a split share structure on a low cost basis. It benchmarks the performance of its portfolio against the S&P/TSX Capped Financials Index and S&P/TSX Composite Index. Life & Banc Split Corp. was formed on September 6, 2006 and is domiciled in Canada.
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5 years, 5 months ago
Life & Banc Split Corp is currently in a long term uptrend where the price is trading 27.2% above its 200 day moving average.
From a valuation standpoint, the stock is 96.0% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 1.1.
Life & Banc Split Corp's total revenue rose by 90.9% to $87M since the same quarter in the previous year.
Its net income has increased by 97.1% to $85M since the same quarter in the previous year.
Finally, its free cash flow fell by 51.1% to $4M since the same quarter in the previous year.
Based on the above factors, Life & Banc Split Corp gets an overall score of 4/5.