Laurentian Bank (LB.TO) Buy, Sell or Hold

Laurentian Bank (LB.TO)

40.34

-0.06 (0.15%)

as of Jun 19, 2026, 8:00:01 pm Market Open.

189 watching

DON'T BUY

They don't have enough focus in their strategy. EQ or GoEasy are better in this challenger-bank space or even the bigger banks. He wouldn't buy any bank now, though. Credit is the issue--if we enter a recession, consumers and businesses will spend less, be less activity. Banks need to take more credit-loss provisions before you buy them. We're getting there; big bank shares have declined 20% YOY.

HOLD

Hold or sell?

Pretty competent new management. Hold, and give them a chance. Implementing 3-year plan to turn fortunes around. Real opportunity. Regionally bound in the past. Tiny by Canadian standards, at $1.5B market cap. Yield over 5.5%.

BUY ON WEAKNESS

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research.

Upside potential is better than all the big banks, due in part to valuation, size and growth opportunities in a recovery.
But we would see the risk as also significantly higher.
A smaller bank simply has less ability to withstand losses, and has few revenue drivers and funding options.
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BUY

Are transitioning under a new CEO. Very interesting now. Cheap valuation at nearly half times book value. Pays over a 5% dividend yield. Give it a chance. Has been constrained by its geographic footprint, but the CEO is giving it new life.

PAST TOP PICK

(A Top Pick Oct 28/21, Down 22%) The thesis has yet to work out. New CEO is making changes. A good piece for a larger bank or insurer to take out. Stock's cheap, good upside potential. Happy to hold as a turnaround story.

DON'T BUY

Fallen off from a technical perspective. He focuses on the top 5 banks. Yield is 5.4%, but it's come down over the last 5 years, which is not what you'd expect from Canadian banks. Negative dividend growth. Steer away.

BUY

Earl: Management change. Digital cost control, great footprint in Quebec. Under the radar for years. Transformational plans.

DON'T BUY

LB vs. CWB He'd buy neither right now. Financials are not necessarily what you want going into a recession. Credit losses can sting. Regional banks are not as well diversified as the bigger banks. No wealth management. CWB is more exposed to commercial and industrial loans, so losses can be greater. CWB edges out LB by a hair.

PAST TOP PICK

(A Top Pick May 04/21, Down 5%) Lagged the other banks. New CEO. Small, regional. Value play among the banks. For an income-oriented portfolio mandate, rather than a total return mandate.

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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

PAST TOP PICK

(A Top Pick Oct 21/21, Down 7.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with LB has triggered its stop at $38. To remain disciplined, we recommend covering the position at this time. Combined with our previous buy recommendation, this will result in a net investment loss of 9%. We will look for better opportunities.

PAST TOP PICK

(A Top Pick Nov 18/20, Up 39%) Whole outlook for banks in Canada is very positive. Covid reserves are not needed, and they get moved back into earnings. Cheap stock and possibly profound dividend potential when allowed.

TOP PICK

Likes all the Big 5 banks, as they all have room to grow in price to book plus dividends. LB remains the cheap outlier. Buy an ETF, or buy this one if you want something really cheap. Yield is 3.88%. (Analysts’ price target is $46.36)

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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK

Stockchase Research Editor: Michael O'Reilly We reiterate LB as a TOP PICK. It trades good value here at 10x earnings. It has a great dividend, backed by a payout ratio estimated at 38% of cashflow. With fewer loan defaults relative to capitalizations, the Canadian banking sector is due to see dividends increased when allowed to do so. We would buy this with a stop loss at $38, looking to achieve $46 -- upside potential over 12%. Yield 3.77% (Analysts’ price target is $46.30)

DON'T BUY

Not time to be aggressive. Lot of risks for a name like this and Canadian banks, and investors need to pay attention. Mortgage portfolios are expanding, housing prices are up 30-40%, and this is a lot of risk in an economy that's slowing.

PAST TOP PICK

(A Top Pick Nov 18/20, Up 42%) He bought it at its long-term low, yet remains inexpensive in terms of valuation. It restored the dividend they had cut.

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Laurentian Bank (LB.TO)