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 > Financial Post article headline today

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Comment by DeanEdmontonon Feb 02, 2024 2:17am

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Post# 35858787

RE:RE:Financial Post article headline today

You are right, I do not like this Bank. It is the worst run Bank in Canada and has been for 20 years. It makes Credit Unions look competent. CWB is head and shoulders better run than LB. I see no point in buying a Bank with a longterm track record of abysmal performance, hoping for a turnaround. Never buy lousy performers that keep promising better results and keep failing to deliver them.

Attached is just one of your many posts when they were up for sale. You were clearly on the side a buyer would be found, I even seem to recall you ridiculing some of my posts when the Strategic review started and I clearly said no one would want them as an operating entity at any price. You have been consistently wrong about this Bank and I have been consistently right over the past 5 years. We can let the readers decide who they want to listen to.