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Laurentian Bank of Canada is currently in a long term uptrend where the price is trading 17.7% above its 200 day moving average.
From a valuation standpoint, the stock is 93.4% cheaper than other stocks from the Financial Services sector with a price to sales ratio of 1.8.
Laurentian Bank of Canada's total revenue rose by 3.6% to $247M since the same quarter in the previous year.
Its net income has increased by 39.3% to $45M since the same quarter in the previous year.
Finally, its free cash flow fell by 467.7% to $-129M since the same quarter in the previous year.
Based on the above factors, Laurentian Bank of Canada gets an overall score of 4/5.
Exchange | TO |
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CurrencyCode | CAD |
Sector | Financial Services |
Industry | Banks - Regional |
ISIN | CA51925D1069 |
Market Cap | 1B |
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PE Ratio | None |
Target Price | 27.8 |
Dividend Yield | 6.9% |
Beta | 1.44 |
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 Personal Banking and Commercial Banking, and the Capital Markets segments. The company offers checking, current, savings, and other accounts; personal line of credit; personal, student, short and long term, and business loans; equipment financing; equipment and inventory financing; credit cards; and mortgages. The company provides loan insurance; international services; transactional and electronic services; real estate financing; guaranteed investment certificates, term deposits, mutual funds, and other registered plans. In addition, it offers research, market analysis, and advisory services; corporate underwriting services for debt and equity; and administrative services. The company was founded in 1846 and is headquartered in Montreal, Canada.
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