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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 Northforce13on Aug 15, 2023 3:33pm
185 Views
Post# 35589649

RE:Globe and Mail headline

RE:Globe and Mail headlineHowever, tangible signs that Laurentian’s turnaround is working, including a sizable dividend boost, will help keep long-term, value-oriented investors onside.

So if they boosted the dividend but  the profitability remained the same, the author would consider that a sign the turnaround is working? 

...

I get the feeling that whoever wrote that article doesn't have Warren Buffet level investment saavy.
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