Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Laurentian Bank of Canada T.LB

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

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

Post by DeanEdmontonon Nov 12, 2022 8:13am
233 Views
Post# 35093420

This is NOT a Takeover Target For A Canadian Bank

This is NOT a Takeover Target For A Canadian BankNo major Canadian Bank is looking to expand its Quebec exposure, they would much rather look south of the Border. They also don't want to have to deal with closing a ton of branches and laying off a lot of staff. Too much grief for the small loan and deposit book. MAYBE a Credit Union might take it on but it will be for a lot less than 30 bucks a share. I sure would not be buying this expecting a takeover premium, but to be fair, I would never buy this stock with the current Board, CEO and senior Executive and I would want to see 2 years of massively better results from the new group. When I can buy TD and Royal, why mess with this loser.
<< Previous
Bullboard Posts
Next >>