Laurentian Bank of Canada T.LB

Michael Sprung - BNN - HOLD

[Possibleidiot01]

HOLD

Laurentian Bank(LB-T)

22/03/2023

 

 

Hold or sell?

Pretty competent new management. Hold, and give them a chance. Implementing 3-year plan to turn fortunes around. Real opportunity. Regionally bound in the past. Tiny by Canadian standards, at $1.5B market cap. Yield over 5.5%.

banks

 

$32.020

Unknown whether he owns

[wedowee5]

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