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 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

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Comment by whodathunkiton Dec 07, 2017 1:20pm

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Post# 27110868

RE:I hope its a glitch

oilman53 wrote: Picked up a position today. Dividend gets paid in a couple weeks

Long run you will do fine with Laurentian. The extra I picked up might be for a short term flip or I might give it a bit longer run. All depends on how fast the shareprice recovers. I did the same thing with TD when the market over reacted to their negative news in March. Flipped it after 7 months and made just over 11% (19% annualized). I'll take that from a virtually no risk investment any time.

Cheers.

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