Laurentian Bank of Canada T.LB.PR.H

National Banks Result's Say They Are Not a Buyer

[DeanEdmonton]

National, that I hold a small position in, did not fare well this quarter and anyone who thought they were a candidate to take out Laurentian should probably consider that they would have to issue a lot of shares to do that. In the current environment, and after the results they just posted, I do not see them trying that so I do not see them as a buyer. If I am wrong and they do actually jump into the buyer pool I would sell every National Bank share I have. The lack of an update from National or Laurentianat their earnings release, tells me the "Strategic Review" is not going well at all.

[Newinvestor123]

My best guess is Desjardins will purchase Laurentian Bank, both Quebec based and the transaction would make the most sense.

[Northforce13]

should probably consider that they would have to issue a lot of shares to do that NA's market cap 20x that of LB.  Therefore your definition of a lot = ... 5% increase in outstanding shares +/-?   NA's capital position has been growing (might be wrong, looked quick), they could execute an acquisition of LB's size using existing capital without issuing any shares