Laurentian Bank of Canada (TSE:LB) Stock Price Breaks Above 200-Day Moving Average – Here’s Why

Posted by Max Byerly on Sep 26th, 2026

Laurentian Bank of Canada (TSE:LB – Get Free Report) shares crossed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of C$40.32 and traded as high as C$40.67. Laurentian Bank of Canada shares last traded at C$40.67, with a volume of 148,181 shares.

Wall Street Analysts Forecast Growth

Separately, Desjardins set a C$40.50 target price on Laurentian Bank of Canada and gave the company a “tender” rating in a report on Wednesday, August 5th. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of C$39.17.

Check Out Our Latest Stock Analysis on LB

Laurentian Bank of Canada Price Performance

The firm has a market capitalization of C$1.82 billion, a PE ratio of -83.02, a price-to-earnings-growth ratio of 0.76 and a beta of 1.10. The business’s 50-day moving average price is C$40.43 and its 200-day moving average price is C$40.33.

Laurentian Bank of Canada (TSE:LB – Get Free Report) last announced its earnings results on Friday, August 28th. The company reported C$0.51 EPS for the quarter. The business had revenue of C$241.73 million for the quarter. Laurentian Bank of Canada had a negative net margin of 0.41% and a negative return on equity of 0.30%. Equities analysts forecast that Laurentian Bank of Canada will post 3.8414986 earnings per share for the current year.

Laurentian Bank of Canada Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Saturday, August 1st. Shareholders of record on Saturday, August 1st were paid a $0.47 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $1.88 dividend on an annualized basis and a yield of 4.6%. Laurentian Bank of Canada’s payout ratio is currently -383.67%.

About Laurentian Bank of Canada

(Get Free Report)

Founded in Montreal in 1846, Laurentian Bank is committed to serving its customers and fostering deep relationships with specialized groups. Laurentian Bank runs operations across Canada – primarily in Québec and Ontario – as well as in the United States and competes where it sees market opportunity and has an edge, while harnessing the power of partnerships and collaboration.