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.

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Laurentian Bank of Canada

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Comment by BudFox198777777on Dec 05, 2018 10:27am

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Post# 29067860

RE:Something Clearly Is Wrong With The Laurentian Is Run

The Bank’s book value per common share appreciated to $53.72 as at October 31, 2018 from $51.18 as at October 31, 2017.

Read more at https://www.stockhouse.com/news/press-releases/2018/12/05/laurentian-bank-financial-group-reports-2018-results#3dPoTPbV47FgrjsK.99

They are in the middle of a restructuring right now to position themselves for a digital future, which will save them money and help them grow at the same time. Good things ahead for the share price if you are patient, and enjoy a nice dividend while you wait. This is value investing.

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