LBS.TO
Strong BuyPremium GrowerAI neutralLife & Banc Split Corp. · Financial Services · Canada · $1.2B
CAD 12.30 -0.4% · close 5 Oct · scored 6 Oct
Premium Grower: Strong business with the market behind it, priced at a premium.
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Life & Banc Split is a structured split-share corporation designed to provide levered exposure and dividends from Canadian banks and lifecos. While current price momentum is robust, its valuation profile and structural split-share leverage present asymmetric risks across rate cycles.
ABOUT LIFE & BANC SPLIT CORP.
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Life & Banc Split Corp. is a split share corporation investing in common shares of Canada's six largest banks and two major life insurance companies. This diversified structure provides exposure to a core group of highly stable Canadian financial institutions, offering consistent income through preferred shares and leveraged growth potential via Class A shares. It acts as a specialized investment vehicle focused on blue-chip Canadian financials.
FINANCIAL SUMMARY (CAD)
| Year | 2021 | 2022 | 2023 | 2024 | 2025 | CAGR | TTM |
|---|---|---|---|---|---|---|---|
| Revenue | 157.6M | -44.3M | 87.8M | 204.9M | 304.4M | 17.9% | 557.1M |
| EPS (CAD) | 4.73 | -1.95 | 1.49 | 3.38 | 5.25 | 2.6% | 8.88 |
| Shares | 29.8M | 49.9M | 58.6M | 112.3M | 117.9M | +295.4% | — |
| Debt | 305.6M | — | — | — | — | — | 593.2M |
| Equity | 301.0M | 247.3M | 309.7M | 457.6M | 672.7M | 22.3% | — |
| Op CF | -16.9M | -64.4M | -59.9M | -34.1M | 0.8M | — | -67.1M |
| Inv CF | — | — | — | — | — | — | — |
| Fin CF | 17.3M | 65.0M | 59.8M | 34.4M | -1.4M | — | — |
Calmer than 82% of stocks we rank over the past year (25% a year).
How this is worked out
What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of LBS.TO are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| LBS.TO | Life & Banc Split Corp.(you) | $1.2B | 98 | Strong Buy |
| DFN.TO | Dividend 15 Split Corp. | $993M | 98 | Strong Buy |
| CVG.TO | Clairvest Group Inc. | $759M | 98 | Strong Buy |
| CORD.L | Cordiant Digital Infrastructure Limited | $1.3B | 91 | Strong Buy |
| SEC.TO | Senvest Capital Inc. | $754M | 100 | Strong Buy |
| FTN.TO | Financial 15 Split Corp. | $630M | 97 | Strong Buy |
| BK.TO | Canadian Banc Corp. | $612M | 99 | Strong Buy |
| SBC.TO | Brompton Split Banc Corp. | $337M | 94 | Strong Buy |
| AD-UN.TO | Alaris Equity Partners Income Trust | $765M | 78 | Buy |
| FFN.TO | North American Financial 15 Split Corp. | $479M | 86 | Strong Buy |
Peer medians: ROE 13.2% · P/E 11.2x · Gross margin 85.4%
Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.