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Bullboard - Stock Discussion Forum Laurentian Bank of Canada T.LB

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

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... see more

TSX:LB - Post Discussion

Laurentian Bank of Canada > Time is on your side for a takeover
View:
Post by insidersnoop1 on Jun 19, 2024 2:55pm

Time is on your side for a takeover

We're at a low point in sentiment for banks, interest rates will declines, the bank net interest margins will lift and profits will expand.
Sit tight and let it play out.
Valuation of LB makes it a bargain and an eventual takeover target.
LB serves 341,000 clients throught 24 branches and would be an expansion for any other Bank.
Comment by malx1 on Jun 19, 2024 3:26pm
Haven't you read "investing for dummies" ?? Chapter #1,  says Don't buy Dumpster Fires Let them burn, laugh at the bagholders.    
Comment by rad10 on Jun 23, 2024 12:54pm
A dumpster fire is not profitable.  Last time I checked - this was a dog with fleas, but a profitable one.
Laurentian Bank of Canada
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