Laurentian Bank of Canada

Ivan Schwartz
August 23, 2017

After having $1.39 EPS previously, Laurentian Bank of Canada's analysts see 5.76% EPS growth. The expected T_NA's profit could reach $436.79 million giving the stock 10.87 P/E in the case that $1.28 earnings per share is reported.

Net income excluding one-off items such as the cost of integrating USA -based City National, bought in November 2015, rose to C$2.8 billion ($2.2 billion) for the quarter to June 30. Canadian Western Bank had a return on equity of 9.00% and a net margin of 29.86%. During the same period in the previous year, the company posted $1.66 earnings per share. The stock of Royal Bank of Canada (TSE:RY) earned "Sector Perform" rating by National Bank Canada on Friday, May 26. The company has market cap of $18.99 billion. Royal Bank Of Canada has a one year low of $60.50 and a one year high of $76.01. The company has recorded a 50-day moving average of $28.01 and a 200-day moving average of $27.97.

Chief executive Dave McKay described the quarter's results as "solid" and announced RBC's quarterly dividend will be going up five per cent to 91 cents per share.

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Since January 1, 0001, it had 0 insider buys, and 6 selling transactions for $1.80 million activity. This represents a $2.48 dividend on an annualized basis and a yield of 4.63%. Royal Bank Of Canada's dividend payout ratio (DPR) is presently 49.36%. Finally, Canaccord Genuity began coverage on shares of National Bank of Canada in a report on Tuesday, July 18th. The stock of Royal Bank of Canada (TSE:RY) has "Outperform" rating given on Monday, August 17 by IBC. Deutsche Bank initiated it with "Hold" rating and $32.0 target in Wednesday, November 2 report. RBC Capital Markets maintained the shares of LB in report on Thursday, July 21 with "Sector Perform" rating. One analyst has rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the stock. The company now has a consensus rating of "Buy" and an average price target of $53.83.

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Canadian Western Bank (CWB) is a Canada-based bank engaged in offering a range of financial services. The company was maintained on Wednesday, May 31 by RBC Capital Markets. The Company serves personal, business, public sector and institutional clients in Canada, the United States and approximately 40 other countries.

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