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 > Timing

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Comment by 88guy88on Aug 02, 2023 12:49pm

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Post# 35569283

RE:Timing

you are right to be concerned carlocarli.....nobody is pushing and shoving to step up and bid...I think investors will be surprised when nobody steps up to make a bid....lets face it LB is a dog of a bank....

a technical guy yesterday on BNN MarketCall said he would avoid it technically as it has a chance of little gain on the current price....maybe $42 and the downside is like $32 ish......not good risk reward

the market is telling that nobody is going to pay up to buy this dog of a bank....

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