Laurentian Bank of Canada T.LB

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

Financial Services Banks - Global

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

Bullboard Posts

Comment by rjb1954on Aug 13, 2019 11:58am

104 Views

Post# 30022254

RE:Big Jump in LB today

I think it is just a good old-fashioned short squeeze. The SP is trading below Book and an earnings report is coming up on Aug 29th. The last earnings report for Q1 was pretty good and I suspect the shorts are worried that another good report is coming at them. Add a 6% dividend and the stage is set for anyone who is short.

Does anyone have a read on the current short position for LB?

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