RE: Is it me or LB undervalue with CWB???a Bank with only 23M shares with over $15B assets Canadian Western Bank with More shares 30M is now value at $1.3B and LB is only $750M.....LB dividend is better $1.16 VS $0.56 EPS is $2.42 VS $2.13 for CWB and PE only of 12.265 for LB VS 19.72 for CWB....
CWB trade at over $42.50
LB trade at $29.90
$600M value difference???
Wonder if the New CEO will make more deals accross Canada and US or do like ING and create a web Bank to attract more clients with better interest in the regular deposit account that could kill some competitions because lots of people looking to get better return on liquidities???