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Laurentian Bank of Canada T.LB.PR.H


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

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.


TSX:LB - Post by User

Comment by Martincaton Mar 25, 2024 12:43pm
97 Views
Post# 35951022

RE:Not Make Sense To Buy Laurentian Bank of Canada

RE:Not Make Sense To Buy Laurentian Bank of CanadaOne does not get rich in the mkts by following analysts` financial advice.....  As for LB, it`s been around for a while in good and bad times.....But it has survived, and will probably be around for some time to come.  Its operations span many cdn provinces, and it has several divisions, such as B2B, LB Securities, LBC Capital, LBC Financial Services to name a few.  It has over 3000 employees. It has Mouvement Desjardins to help if  needed. Other cdn banks have also been beaten down, just as well.  Prevailing mkts and BOC interest hikes are impacting all financials, not only LB.....JMHO!
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