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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 DeanEdmontonon Sep 28, 2023 10:47am
117 Views
Post# 35659242

RE:Thank goodness!

RE:Thank goodness!North- I get being critical of management and the Board for their attrocious performance over the past years in running this Bank. As far as offers, I would be willing to bet the reason they aren't talking is they never got an offer over about $30-35, if they actually got any firm offers after due diligence data reviews. You guys that wanted to ride the gravy train would not listen to any dissenting views nor seriously entertain the idea this sale might not happen. I am sorry that many like you are sitting on large losses, but this share is not going over $40, let alone $45, any time soon. It is still a very badly run bank. You need to decide whether you want to try and hold on for the long term, or take the loss and write it off against other gains.
Northforce13 wrote: Looking at the share price, thank goodness our ace management team at LB defended us from accepting a takeover offer.

Isn't this great



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