Laurentian Bank of Canada (LB.TO)
| Previous Close | 27.05 |
| Open | 27.05 |
| Bid | 27.14 x 0 |
| Ask | 27.18 x 0 |
| Day's Range | 27.03 - 27.21 |
| 52 Week Range | 24.92 - 48.23 |
| Volume | |
| Avg. Volume | 191,416 |
| Market Cap | 1.189B |
| Beta (5Y Monthly) | 1.28 |
| PE Ratio (TTM) | 7.66 |
| EPS (TTM) | N/A |
| Earnings Date | N/A |
| Forward Dividend & Yield | 1.88 (6.95%) |
| Ex-Dividend Date | Mar 28, 2024 |
| 1y Target Est | N/A |
- The Motley Fool
2 Canadian Bank Stocks to Watch in May 2024 (They’re Not the Big 5)
Watch National Bank of Canada (TSX:NA) and another top financial closely in May. The post 2 Canadian Bank Stocks to Watch in May 2024 (They’re Not the Big 5) appeared first on The Motley Fool Canada.
- Reuters
Laurentian Bank cuts jobs, shuts equity research business
The reduction in the workforce was notified to the employees by CEO Eric Provost through an internal note on Wednesday, it said. Laurentian Bank, which launched a strategic review in July 2023, said it considered a variety of options, including selling itself and divesting certain businesses. The Canadian bank, however, reportedly struggled to find an acquirer and the country's top banks - Bank of Nova Scotia and Toronto-Dominion Bank - had backed out from bidding for the company.
- The Canadian Press
Laurentian Bank cutting about two per cent of workforce, ending equity research
MONTREAL — Laurentian Bank says it is cutting about two per cent of its workforce and ending equity research as it continues to work through its turnaround plan. The bank didn't provide specific numbers, but based on the 3,000 employees it had at the end of 2023, the cuts would amount to around 60 people. Laurentian says the cuts will be throughout the company, including in equity research as Laurentian Bank Securities will no longer be distributing research to clients. Last month, the bank reac
