Laurentian Bank of Canada reports results for the quarter ended April 30 - Earnings Summary

Laurentian Bank of Canada

29/05/2026 14:31

Laurentian Bank of Canada LB.TO reported quarterly adjusted earnings of 46 cents​​ per share for the quarter ended April 30, lower than the same quarter last year, when the company reported EPS of 73 cents.  The mean expectation of seven analysts for the quarter was for earnings of 69 cents per share. Wall Street expected results to range from 61 cents to 85 cents per share.
Revenue fell 2.6% to C$236.16 million from a year ago; analysts expected C$243.13 million. 
Laurentian Bank of Canada's reported EPS for the quarter was a loss of 50 cents​.
The company reported a quarterly loss of C$20.59 million.
Laurentian Bank of Canada shares had fallen by 0.1% this quarter and gained 0.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 8.8% in the last three months.​ 
In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "sell" and the breakdown of recommendations is no "strong buy" or "buy," 3 "hold" and 3 "sell" or "strong sell." The average consensus recommendation for the banks peer group is  "hold."
Wall Street's median 12-month price target for Laurentian Bank of Canada is C$40.50, about 0.1% above its last closing price of C$40.46
This summary was machine generated from LSEG data May 29 at 01:31 p.m. UTC. ​All figures in Canadian dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Apr. 30 2026 
0.69
0.46
Missed
Jan. 31 2026 
0.72
0.65
Missed
Oct. 31 2025 
0.78
0.73
Missed
Jul. 31 2025 
0.73
0.78
Beat