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

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Post by insidersnoop1on Aug 31, 2023 9:13am

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Post# 35613458

$2.7 in expenses for overtime ?

" The bank reported charges of $2.7 million resulting from the bank's review of strategic options to maximize shareholder and stakeholder value."

I guess everybody was working overtime on this......

Bank of Nova Scotia pays 6.58% dividend so LB would have to trade at 28.50$ to give the same income. Time will tell the outcome. Crystal balls are out of stock at Amazon.

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