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 > Does this have legs……?

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Comment by DeanEdmontonon Mar 11, 2024 5:38pm

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Post# 35927321

RE:Does this have legs……?

I wish all the best to those of you with the Cojones to to hold this stock. Hopefully you manage to get out somehwere around 37-40 bucks, given the "Strategic Review" fever only ran it up to 45 bucks. Even though I won't own it myself, I never wish any retail investor bad outcomes, we all work way too hard for our money.

rad10 wrote: Pleasant surprise - it's cheap, it's a dog, it's had some PR disasters that are now in the rear view mirror......

We know all these things. Nice paper gain, sell at 75% of book.

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