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Laurentian Bank of Canada T.LB

Alternate Symbol(s):  LAUCF | T.LB.PR.H | LRCDF

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 > Preferred interest….
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Post by rad10on May 16, 2024 6:37pm
130 Views
Post# 36044458

Preferred interest….

Preferred interest….

Looks like they are short changing on their calculations.

5 year plus 2.55% = 6.31%

why are they paying 6.196%?

 

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