Investment Q&A

• Laurentian Bank of Canada (LB $30.82)
  • $30.82 P/E (TTM): 13.51X Cap: $1.36B
  • View LB Profile
  • View Questions on LB

Q: Interested in your thoughts on Laurentian Bank. The stock price has been in a steady decline for the past year despite a dividend much higher than the Big 5 banks.
Is that dividend safe and how would you rate an investment in Laurentian compared to one of the big banks. Also do you see any prospects for an increase in the stock price.
Thanks as always!

Upvote 0

Read Answer Asked by Chuck on October 15, 2018

• Laurentian Bank of Canada (LB $30.82)
  • $30.82 P/E (TTM): 13.51X Cap: $1.36B
  • View LB Profile
  • View Questions on LB
• PIMCO Monthly Income Fund (Canada) (PMIF $18.18)
  • $18.18 P/E (TTM): 22.17X Cap: $3.37B
  • View PMIF Profile
  • View Questions on PMIF

Q: 2 questions 5i: do you think it would be prudent to have a canadian focust fixed income etf to compliment pmif considering it is almost all us? And secondly do you feel the dividend from LB should be safe and considering I am down 10% would averaging down make sense?tks

Upvote 0

Read Answer Asked by Larry on September 18, 2018

• Power Corporation of Canada Subordinate Voting Shares (POW $57.67)
  • $57.67 P/E (TTM): 13.57X Cap: $36.82B
  • View POW Profile
  • View Questions on POW
• Laurentian Bank of Canada (LB $30.82)
  • $30.82 P/E (TTM): 13.51X Cap: $1.36B
  • View LB Profile
  • View Questions on LB

Q: As part of the financial sector of an income portfolio of a retiree would prefer POW or LB for "reliable" income with some (inflation) growth? Thanks.

Upvote 0

Read Answer Asked by David on September 10, 2018

• Laurentian Bank of Canada (LB $30.82)
  • $30.82 P/E (TTM): 13.51X Cap: $1.36B
  • View LB Profile
  • View Questions on LB

Q: With such overwhelmingly negative sentiment driving the stock price down to a multiyear low and a yield that is now over 6%, does it make sense to step in here or this a company to stay away from if you don't own it or sell if you do own it?

Upvote 0

Read Answer Asked by Nick on September 10, 2018

• Laurentian Bank of Canada (LB $30.82)
  • $30.82 P/E (TTM): 13.51X Cap: $1.36B
  • View LB Profile
  • View Questions on LB

Q: Hello 5i.

After the huge drop in LB this year do you think the risk reward is worthwhile yet? That said is it bound to be a tax loss selling candidate or do you think it will already have washed all the sellers out before then?
Thanks TM

Upvote 0

Read Answer Asked by Tyler on September 10, 2018

• Laurentian Bank of Canada (LB $30.82)
  • $30.82 P/E (TTM): 13.51X Cap: $1.36B
  • View LB Profile
  • View Questions on LB

Q: would you please comment on LB earnings announced today. I cannot tell from their statement whether they have now resolved an outstanding problem and are in a better go forward position or whether their earnings are - or are not - simply a miss, Thanks

Upvote 0

Read Answer Asked by Mike on September 04, 2018

• Laurentian Bank of Canada (LB $30.82)
  • $30.82 P/E (TTM): 13.51X Cap: $1.36B
  • View LB Profile
  • View Questions on LB

Q: Can you please give me your recommendations on Laurentian Bank?

Upvote 0

Read Answer Asked by John on July 10, 2018

• Laurentian Bank of Canada (LB $30.82)
  • $30.82 P/E (TTM): 13.51X Cap: $1.36B
  • View LB Profile
  • View Questions on LB

Q: What is your opinion of LB? Is this a good time to buy Laurentian Bank?

Upvote 0

Read Answer Asked by Glen on June 07, 2018

• Laurentian Bank of Canada (LB $30.82)
  • $30.82 P/E (TTM): 13.51X Cap: $1.36B
  • View LB Profile
  • View Questions on LB

Q: Is the dividend safe?

Upvote 0

Read Answer Asked by Graham on June 04, 2018

• Laurentian Bank of Canada (LB $30.82)
  • $30.82 P/E (TTM): 13.51X Cap: $1.36B
  • View LB Profile
  • View Questions on LB

Q: Even with the 125M buy back, wouldn't it be a good time to take advantage of the recent drop considering they have 986M of FCF right now? All of the metrics are cheap compared to other banks when looking on Morning Star.

Would it be a good idea to average down my cost or do you think it would drop more?

Upvote 0

Read Answer Asked by Benoit on June 01, 2018

• Laurentian Bank of Canada (LB $30.82)
  • $30.82 P/E (TTM): 13.51X Cap: $1.36B
  • View LB Profile
  • View Questions on LB

Q: What is your gut feeling about LB? It is down more than 5% today and over 8% for the week ahead of their reporting. Buy or Hold

Upvote 0

Read Answer Asked by S on May 30, 2018

• Laurentian Bank of Canada (LB $30.82)
  • $30.82 P/E (TTM): 13.51X Cap: $1.36B
  • View LB Profile
  • View Questions on LB

Q: Any idea on why they changed the date of theirs earnings release?

Thanks

Upvote 0

Read Answer Asked by Robert on May 28, 2018

• Laurentian Bank of Canada (LB $30.82)
  • $30.82 P/E (TTM): 13.51X Cap: $1.36B
  • View LB Profile
  • View Questions on LB

Q: As we enter the bank earnings reporting period, just wondering what signs to look for when LB announces? They had to write down already and banks in general are looking at a slowing pace of writing new mortgage business going forward.
Thanks,
Randy

Upvote 0

Read Answer Asked by Randy on May 24, 2018

• Laurentian Bank of Canada (LB $30.82)
  • $30.82 P/E (TTM): 13.51X Cap: $1.36B
  • View LB Profile
  • View Questions on LB

Q: Does Laurentian Bank have it's mortgage issues behind them yet and if not any idea as to when this will happen? I have not seen any news of yet. What are your thoughts moving forward for this stock.

Upvote 0

Read Answer Asked by roland on April 12, 2018

• Laurentian Bank of Canada (LB $30.82)
  • $30.82 P/E (TTM): 13.51X Cap: $1.36B
  • View LB Profile
  • View Questions on LB

Q: Hi 5i, I have TD, DFN and FTN financials in my portfolios, do you think LB has their problems behind, would you buy it this price. Many thanks for your advise. J.P. Burlington

Upvote 0

Read Answer Asked by Joseph on March 05, 2018

• Canadian Western Bank (CWB $56.63)
  • $56.63 P/E (TTM): 20.63X Cap: $5.47B
  • View CWB Profile
  • View Questions on CWB
• Laurentian Bank of Canada (LB $30.82)
  • $30.82 P/E (TTM): 13.51X Cap: $1.36B
  • View LB Profile
  • View Questions on LB

Q: Hi,
I'd please like your opinion on whether I should swap out CWB and into LB?
Thank you,
Kerri

Upvote 0

Read Answer Asked by KERRI on January 24, 2018

• Laurentian Bank of Canada (LB $30.82)
  • $30.82 P/E (TTM): 13.51X Cap: $1.36B
  • View LB Profile
  • View Questions on LB

Q: I have a question about LB.
There was an announcement on a bought deal basis an aggregate of 2,282,000 common shares of LB by a syndicate of underwriters. Can you explain what would the implications to the stock and company? Is this a good time for an entry? Thanks.

Upvote 0

Read Answer Asked by Sean on January 10, 2018

• Laurentian Bank of Canada (LB $30.82)
  • $30.82 P/E (TTM): 13.51X Cap: $1.36B
  • View LB Profile
  • View Questions on LB

Q: What is your take on the latest release? Thank You

Upvote 0

Read Answer Asked by roland on January 10, 2018

• Laurentian Bank of Canada (LB $30.82)
  • $30.82 P/E (TTM): 13.51X Cap: $1.36B
  • View LB Profile
  • View Questions on LB

Q: Good morning. I currently only have one bank (TD) and am thinking of adding a full position of Laurtentian Bank to take advantage of the recent drop in the share price. My question is, does the lead up to a provincial election in Quebec generally have negative effect on bank share prices in general and LB in particular? In other words, should I be anticipating further downward pressure on LB leading up to the fall election?

Thanks
Peter

Upvote 0

Read Answer Asked by Peter on January 04, 2018

• Laurentian Bank of Canada (LB $30.82)
  • $30.82 P/E (TTM): 13.51X Cap: $1.36B
  • View LB Profile
  • View Questions on LB

Q: do you think this is a good buying opportunity after this sell off?

Upvote 0

Read Answer Asked by jason on December 07, 2017