Laurentian Bank of Canada T.LB.PR.H

Primary Symbol: T.LB Alternate Symbol(s): LRCDF | LAUCF

Financial Services

Laurentian Bank of Canada (the Bank) is a Canada-based provider of financial services to its personal, commercial and institutional customers. The Bank operates in Canada and the United States. Its segments include Personal Banking, Commercial Banking and Capital Markets. The Personal Banking segment caters to the financial needs of retail clients. The Commercial Banking segment caters to the financial needs of business clients across Canada and in the United States and provides commercial banking, real estate financing, and equipment and inventory financing. The Capital Markets segment provides a range of services, including research, market analysis and advisory services, corporate underwriting for debt and equity, and administrative services. The Bank's clients can access its offering of financial advice, products and services through a network of branches in Quebec. The Bank offers a digital direct-to-customer platform to all Canadians. The Bank has approximately 57 branches.

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Laurentian Bank of Canada

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Post by 88guy88on Aug 30, 2023 10:11am

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Post# 35611729

Results tomorrow morning and update on strategic review

likely Laurentian will be no different than the other banks....increase to credit provisions and expenses high.....the only chance of anything good for being acquired would be National or Des Jardins and National just reported today and credit provions SOARED and they missed Q3.....trading revenue huge loss.....so not likely with results and challenges like that we see a takeover of LB....

Just heard on BNN....only about a 25% chance of a takeover according to some analysts

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