Laurentian Bank of Canada LAUCF

Primary Symbol: T.LB Alternate Symbol(s): LRCDF | 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 > floor dropped

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Comment by Pandoraon Jun 12, 2024 5:13pm

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Post# 36085813

RE:RE:RE:floor dropped

jennifer8 wrote: do you think TD will the do the same with LB?

I have no idea if one of the other banks would make such a move but it would sure make my day if there was a similar move.

I took a position in Laurentian with a thought in mind that someone may pick it up but I never thought CWB would get the move first. Question is -- is there one of the other banks that would consider a similar move or will LB now just continue on as is?

Kind of like someone taking all of the cream off the top!

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