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.

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Laurentian Bank of Canada > Ross Healy - BNN - TOP PICK

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Post by Possibleidiot01on Jun 08, 2023 2:39pm

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Post# 35486981

Ross Healy - BNN - TOP PICK

Laurentian Bank of Canada (LB TSX)

LB has a nice six per cent dividend yield, huge upside potential as we measure it, and is trading at a valuation level which is tied for its all-time low. If you don’t buy it here, when and where?

TOP PICK

Quality defensive. Huge upside potential. Trading at a valuation that's tied for its all-time low. New CEO dedicated to improving profitability. If you don't buy it at these lows, when are you going to? Partially re-hiked dividend after previous cut. Yield is 5.75%.

(Analysts’ price target is $39.40)

banks

$32.750