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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 Aug 20, 2018 5:02pm
69 Views
Post# 28489124

RE:RE:RE:RE:RE:Horrible Horrible Company

RE:RE:RE:RE:RE:Horrible Horrible Company
Todayonly wrote: I call those a band aid solution for a company that has no money to invest today’s technology. Company has some great businesses but unfortunately there is nothing left in their Retail banking model and non-prime is today’s fluff word for subprime. Don’t take my word for it. Talk to any mortgage broker or financial advisor 


So why are they closing brick and morter to focus on virtual if they have no money to invest in today's technology?  They made $230 mil in F'17.  They made $128 mil as compared to $104 mil for the first half of F'18.  Your comments are not backed by facts.  I'm guessing you are shorting and are trying to generate negative sentiment.  Yes/no?

Cheers.
Bullboard Posts
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