Laurentian Bank of Canada Review and Analysis

Laurentian Bank of Canada is a trusted financial institution with a rich history dating back to 1846.

The bank has a strong presence in Quebec, with over 100 branches across the province.

Laurentian Bank of Canada offers a wide range of financial products and services, including personal and commercial banking, as well as wealth management and investment solutions.

Their commitment to customer service is evident in their focus on providing personalized support to their clients.

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Laurentian Bank of Canada has a significant performance history. The mean historical ROE over the last ten years is 5.96%.

The current ROE has changed by 103.36% with respect to the historical average. This indicates a substantial shift in the bank's profitability.

Laurentian Bank of Canada's ROE was at its highest in the July 2015 quarter at 2.71%. This was the peak performance over the past decade.

The ROE was at its lowest in the April 2024 quarter at -4.48%. This is a stark contrast to the peak performance.

Over the past ten years, the maximum annual ROE was 9.00%. This highlights the bank's potential for growth.

The minimum annual ROE was -0.19%. This shows the bank's vulnerability to downturns.

Here's a summary of Laurentian Bank of Canada's performance over different time periods:

Laurentian Bank of Canada's ROE has fluctuated significantly over the years, with a maximum annual increase of 277.01% in 2022.

The company's ROE was -0.19% in 2024, a decline of 103.07% from the previous year. This marks a stark contrast to the 8.15% ROE in 2022, which was a 277.01% increase from the 2.16% ROE in 2021.

Here's a breakdown of Laurentian Bank of Canada's ROE by year:

This data suggests that Laurentian Bank of Canada's ROE has been volatile in recent years, with significant fluctuations from one year to the next.

The investment and valuation of Laurentian Bank of Canada are quite interesting. The bank's market capitalization has fluctuated between 729 million and 139 billion dollars over the years.

One notable aspect is the bank's free float, which is a significant 89.56% of its total market capitalization. This suggests a relatively high level of liquidity and accessibility for investors.

The bank's enterprise value has also been quite volatile, ranging from 729 million to 139 billion dollars. This can make it challenging for investors to determine a fair value for the bank's shares.

Here's a breakdown of the bank's valuation metrics:

These metrics provide a snapshot of the bank's valuation and can be useful for investors looking to make informed decisions.

Valuation is a crucial aspect of investment, and it's essential to understand the different metrics involved.

The capitalization of Laurentian Bank of Canada has fluctuated between 1.28B and 139B. The enterprise value has also varied, ranging from 729M to 139B.

The P/E ratio is a key valuation metric, and for Laurentian Bank of Canada, it's expected to be around 8.93x in 2025 and 7.78x in 2026.

The EV/Sales ratio is another important metric, and for Laurentian Bank of Canada, it's expected to be 1.29x in 2025 and 1.23x in 2026.

A higher free-float percentage means that more of the company's shares are available for trading, which can impact valuation. For Laurentian Bank of Canada, the free-float percentage is 89.56%.

Here's a summary of the valuation metrics for Laurentian Bank of Canada:

Laurentian Bank offers a range of investing accounts to help you grow your wealth.

Mutual funds are a great option for diversifying your portfolio, allowing you to invest in a variety of assets.

You can also consider term deposits for a low-risk investment option with a fixed return.

Registered retirement savings plans (RRSPs), tax-free savings accounts (TFSAs), and registered retirement income funds (RRIFs) are all designed to help you save for the future.

Here are some of the investing accounts offered by Laurentian Bank:

Laurentian Bank of Canada offers a range of account options to suit different needs.

Laurentian Bank of Canada is a full-service bank that provides various accounts to its customers.

Laurentian Bank offers a range of savings accounts to suit different needs. You can choose from their various accounts to find the best fit.

Their High Interest Savings Account earns a competitive tiered interest rate with no minimum balance requirement. This means you can start earning interest right away, without having to meet a specific balance threshold.

If you're looking to hold U.S. dollars, the Day By Day Interest Plus US Account is a good option. However, be aware that small transaction fees may apply if your balance falls below $3,000.

Here are some key features of Laurentian Bank's savings accounts:

Chequing accounts at Laurentian Bank offer a range of options to suit different needs. The bank's chequing accounts include free transactions, except for e-transfers and Interac debit transactions, if you maintain a minimum balance of $3,000 at all times during the month.

The Basic account requires a $4 monthly fee for 12 monthly transactions, while the Preferred account offers 20 monthly transactions for $7.50 per month. The Unlimited account, on the other hand, comes with a monthly fee of $14.75 and unlimited transactions, including e-transfers.

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The Youth Plan is a great option for those under 18 years of age, offering unlimited transactions (excluding e-transfers) and no monthly fees. The 65+ Plan provides 4 free monthly transactions (excluding e-transfers) and no monthly fee for those 65 and over.

Here are the details of Laurentian Bank's chequing account options:

By maintaining a minimum balance of $3,000, you can avoid fees on e-transfers and Interac debit transactions, making it a cost-effective option for those with a high balance.

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Laurentian Bank of Canada offers a variety of credit card options for personal use.

The Visa Infinite* card earns 2 points per dollar spent on gas, groceries, travel, transportation, and recurring payments, with an annual fee of $130.

You can also get 2% cash back on gas, groceries, and recurring payments with the Laurentian Bank Visa* Cashback card, which has an annual fee of $65.

The Visa* Reduced Rate card offers a low interest rate of 12.49% for purchases and balance transfers, with an annual fee of $30.

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If you want to earn points without an annual fee, consider the Visa* Reward Me card, which earns 1 point per dollar spent on gas, groceries, and recurring payments, and 0.5 points per dollar spent on all other qualifying purchases.

Here are the key features of Laurentian Bank's credit card options:

A transit number, also known as a MICR (Magnetic Ink Character Recognition) number, is a unique identifier for a bank branch. It's used for direct deposit, pre-authorized payments, and other bank services.

The transit number is usually a 5-digit code that appears on your bank's checks and statements. For example, the transit number for the Commercial Centre Calgary branch of Laurentian Bank is 05321-039.

You can find your transit number on your bank's website or by contacting your local branch directly. In some cases, you may also be able to find it on your bank's mobile app or online banking platform.

Here are some examples of transit numbers for various Laurentian Bank branches:

Remember to always verify the transit number with your bank before using it for any transactions.

To find the transit number on a cheque, simply look at the bottom of the cheque. The Laurentian Bank bank transit number and institution number can be found there.

For example, if you have a Laurentian Bank cheque, you can easily locate the transit number at the bottom.

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At Laurentian Bank of Canada, you can rest assured that your money is safe. The bank is a member institution of the Canada Deposit Insurance Corporation (CDIC), which covers deposits up to $100,000 per eligible account category.

Some fees to be aware of when banking with Laurentian Bank include a $1.00 Interac e-transfer fee and a $65 non-sufficient funds (NSF) fee.

To avoid extra charges, consider opting for digital statements instead of paper ones, which can save you $3 per month. You can also be prepared for a $125 fee if you need to transfer your Registered Retirement Savings Plan (RRSP) or other account to another institution.

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Fees can be a real pain, especially when you're not expecting them. Laurentian Bank of Canada charges $1.00 for Interac e-transfers.

Some fees are unavoidable, like the $65 non-sufficient funds (NSF) fee. If you're not careful, you might end up paying this fee.

If you prefer paper statements, you'll pay $3 per month. This might not be a big deal for some people, but for others, it's a significant expense.

If you need to transfer your RRSP, LIRA, RRIF, LIF, or LIRA to another institution, be prepared to pay $125. This fee can add up quickly.

Some of the downsides of using Laurentian Bank include high NSF fees and limited branch banking options, which are only available in Quebec.

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Laurentian Bank of Canada is a CDIC member institution, which means your deposits are covered up to $100,000 per eligible account category.

CDIC insurance covers a range of account types, including individual accounts, joint accounts, registered retirement savings plans, and more.

You won't be liable for any unauthorized purchases made with your Laurentian Bank Visa credit card, thanks to Zero Liability fraud insurance.

Laurentian Bank's Zero Liability fraud insurance protects you from unauthorized purchases, giving you peace of mind when using your credit card.

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Laurentian Bank offers a great deal of flexibility with its chequing account fees. If you maintain a minimum monthly balance of $3,000, your fees are waived, except for e-transfers and Interac debit transactions.

One of the standout features of Laurentian Bank is its competitive interest rate on savings and investments. This means you can earn a higher return on your money.

To give you a better idea of the benefits, here are the pros of opening an account with Laurentian Bank:

A company's management score is a crucial factor in determining its overall ESG performance. It assesses the robustness of a company's ESG programs, practices, and policies.

Laurentian Bank of Canada has a strong management of ESG material risk.

Laurentian Bank of Canada is exposed to specific material ESG issues, and understanding these issues is crucial for investors.

Climate change is one of the top material ESG issues for Laurentian Bank, with companies being expected to manage their greenhouse gas emissions and transition to a low-carbon economy.

Governance is another key issue, with companies being evaluated on their board composition, executive compensation, and audit committee effectiveness.

Data privacy is also a significant concern, as companies must protect sensitive customer information and comply with data protection regulations.

Human rights and supply chain management are also material ESG issues, with companies being expected to ensure that their operations and supply chains do not contribute to human rights abuses or environmental degradation.

By understanding these material ESG issues, investors can make more informed decisions about their investments in Laurentian Bank of Canada.

Laurentian Bank is best for businesses and individuals who prefer banking with an established Montreal-based financial institution.

The bank offers a range of accounts and services that accommodate the unique needs of customers of all ages.

Multiple product options are available to fit the needs of customers, including competitive interest rates.

Banks with many branches in Quebec, like Laurentian Bank, are a good fit for residents of that province.

Residents of Quebec who prefer to bank in person will find it easy to do so with Laurentian Bank's many branches in the province.

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Laurentian Bank of Canada has a rich history dating back to 1846 when it was founded in Montreal, Quebec. It has since grown to become one of Canada's premier banks.

The bank offers a range of personal banking services, including chequing and savings accounts. These accounts can be managed online, making it easy to keep track of finances.

Laurentian Bank of Canada has a strong presence in Quebec, with over 100 branches across the province. This makes it a convenient option for residents who need to access banking services in person.

The bank's commitment to community involvement is evident in its sponsorship of various events and organizations. This includes supporting local arts and cultural initiatives.

Laurentian Bank of Canada has a reputation for providing excellent customer service, with a dedicated team of professionals available to assist with any banking needs.

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Laurentian Bank of Canada was founded in 1846, making it one of Canada's oldest banks.

The bank is headquartered in Montreal, Quebec, and is a subsidiary of Laurentian Bank Holdings Inc.

Laurentian Bank of Canada offers a range of financial services, including personal banking, commercial banking, and wealth management.

The bank has over 160 branches across Canada, primarily in Quebec and Ontario.

Laurentian Bank of Canada has a strong presence in the Quebec market, with a long history of serving the province's businesses and individuals.