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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 bucheroncapitalon Sep 15, 2023 8:56am
145 Views
Post# 35637836

RE:RE:Ross Healy

RE:RE:Ross Healy
Northforce13 wrote: He's had good picks too, Home Capital when it was beaten down, that was a big winner.  Maybe also Equitable Bank.  Probably others.  He is a low P/E, P/B guy.  It's not fair to only highlight the losers.  I took a significant loss on LB and I don't blame anyone else (well, besides LB management and the LB board of directors lol).

Bought in yesterday very happy with the current yeild . The book value was is anywhere between $55-$59 so very confortable to hold it for 3-5 years and wait while collecting 5,26% GLTA invested in LB 
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