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Laurentian Bank of Canada T.LB

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

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

Comment by PunkRockyon Aug 31, 2022 3:04pm
120 Views
Post# 34933309

RE:So Do I actually Have to Say It

RE:So Do I actually Have to Say ItAgreed... market currently giving it a $4+ spanking lower... more to come imho. 

DeanEdmonton wrote: Or can you read the financuial results for yourself. This turn aound is now going into its 8th year, 2 years of it under the new CEO. Retail business continues to founder so clearly the advice only branch model is not working. Adding staff in droves and paying more to get them. Increasing risk profile as they move into commercial lending that they don't understand. A 68% non-efficancy ratio, Lord Love a Duck! There are Credit Unions with better results.

All that said, the analysts and many on here will say iit is trading at a large discount to its peers and thus represents great value. Good luck with that.


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