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 > dd i miss some news?

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Comment by HyperCubeon Jun 12, 2024 10:46am

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Post# 36084736

RE:dd i miss some news?

perplexed01 wrote: yesterday new 1 year low but today up 6%. pending news or just pingpong with a thinly traded stock?

I think this is just a reaction to National Bank making a bid on Canada Western Bank. Laurentian Bank is small enough that several other Canadian banks have enough cash to make a similar offer on it.

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