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.

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Laurentian Bank of Canada > Why is the stock down 8% today

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Post by 88guy88on Jul 28, 2023 12:23pm

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Post# 35561769

Why is the stock down 8% today

pretty simple really...apparently TD and Scotia are out and with less suitors the potential for a large bid are falling and the chance of the company just saying they recieved no serious bids and they are just going to continue on with business as ususal and try to turn the company around..

in that case the price would likey fall back to pre takeover talk....so around $32 or so

I am going to the casino tonight....way less stress :))

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