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Bullboard - Stock Discussion Forum 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... see more

TSX:LB - Post Discussion

Laurentian Bank of Canada > Bit more @ 37.24 then 36.75
View:
Post by Northforce13 on Aug 31, 2023 4:11pm

Bit more @ 37.24 then 36.75

Nibbling away.  SP dumped to 36.75 into the close.  Short term people dumping to move on.

The current price is mispriced.  This is only 10-20% above normal prices prior to the potential sale news.
Comment by insidersnoop1 on Aug 31, 2023 5:16pm
Bank of Nova Scotia pays 6.58% dividend so LB would have to trade at 28.50$ to give the same income.
Comment by Northforce13 on Aug 31, 2023 9:48pm
And the Royal Bank would have to be 81.96 to give the same income
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