Life & Banc Split Corp FXDFR PRF REDEEM 30/10/2028 CAD 10 - Cls A LBS.PR.A

Morningstar Rating
CA$10.93 +0.03 (0.28%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

LBS.PR.A is trading at a LOCK|!v@>X premium.
Price
CA$10.93
Fair Value
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Uncertainty
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1-Star Price
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5-Star Price
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Economic Moat
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Capital Allocation
—

Trading Information

Previous Close Price
CA$10.90
Day Range
CA$10.90–10.93
52-Week Range
CA$10.47–11.00
Bid/Ask
CA$10.82 / CA$10.93
Shares Outstanding
125.69M
Market Cap
CA$1.37B
Volume/Avg
16,818 / 53,811

Key Statistics

Price/Earnings (Normalized)
1.29
Price/Sales
1.30
Dividend Yield (Trailing)
6.63%
Dividend Yield (Forward)
6.63%
Dividend Payment Schedule
Jan, Apr, Jul, Oct
Total Yield
6.75%

Company Profile

Life & Banc Split Corp is a mutual fund company. Its investment objectives are to provide holders of preferred shares with fixed cumulative preferential quarterly cash distributions and to return the original issue price on the maturity date, and to provide holders of Class A shares with regular monthly cash distributions and the opportunity for capital appreciation. It invests in a portfolio comprising common shares of Canadian banks and publicly traded Canadian life insurance companies.
Sector
Financial Services
Industry
Asset Management
Stock Style Box
Small Value
Total Number of Employees
—

Valuation

Metric
LBS.PR.A
Price/Earnings (Normalized)
1.29
Price/Book Value
1.45
Price/Sales
1.30
Price/Cash Flow
—
Price/Earnings
LBS.PR.A

Financial Strength

Metric
LBS.PR.A
Quick Ratio
—
Current Ratio
—
Interest Coverage
—
Quick Ratio
No chart available

Profitability

Metric
LBS.PR.A
Return on Assets (Normalized)
43.57%
Return on Equity (Normalized)
77.15%
Return on Invested Capital (Normalized)
—
Return on Assets
LBS.PR.A

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1-Day Chart
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Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
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LOCK|^$j#<q&dLOCK|y>$176B
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LOCK|>tS#KW@LOCK|#trk$44B
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LOCK|ZR<qf>?JLOCK|&?$30B
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LOCK|H?KSs$LOCK|%g>wC$30B
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LOCK|#zXPDt>LOCK|PmTx$26B

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