Laurentian Bank of Canada T.LB

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

Financial Services

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

Laurentian Bank of Canada > Ross got hammered on this past pick at $41

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Comment by RayDonovan78on Nov 13, 2022 6:36pm

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Post# 35095396

RE:RE:RE:RE:RE:Ross got hammered on this past pick at $41

I would possibly gamble sub $25 to average down. My FIRED financial advisor told me to by this turd 5 years ago in the high $40. Thank goodness I sold most and bought CIBC & BNS at the Covid lows.

rad10 wrote:
Just reading the "woke bonds" news release. It's amazing how wrapped up in ESG they are. Question is though - when does it become too cheap to ignore?

I bought a lot of Wells Fargo last year when the wheels fell off. Cultures change over time.

RayDonovan78 wrote: Good luck, I dont think the big 5 would be interested in LB, maybe an insurance company or Canadian Western Bank but that is sheer speculation on my part.

rad10 wrote: If it's a top pick at 41 bucks, he must be jumping for joy at 30 and change..... lol. I am thinking of taking a punt on this though. I'm sure the big 5 must be kicking the tires.