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.

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Laurentian Bank of Canada > Is it time to buy

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Comment by perplexed01on Oct 18, 2023 1:10pm

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Post# 35689306

RE:RE:RE:RE:RE:RE:RE:RE:Is it time to buy

i think ur right winner - nothing will happen in the next few weeks or months except possibly finding a bottom. + who knows how tax loss selling will affect SP? so thinly traded that SP moves are exaggerated. but i believe the dividend is well covered and current SP is a great value. paid to wait. if management gets their act together - sale etc. it might pop again. and if b of c finally decide that rates have gone high enough then there must follow a broad based recovery. i plan to add again in the $25's for a safe divy north of 7% and wait. will not wait for a confirmed uptrend especially given the low avg. trading volumes. will continue buying in $.50 increments if it falls further. glta

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