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 > Desjardins Group looking at bargain buyout price

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Comment by insidersnoop1on Aug 14, 2024 8:07pm

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Post# 36179637

RE:RE:RE:RE:RE:RE:RE:Desjardins Group looking at bargain buyout price

From Yahoo Finance bullboard : (quote)
I do think LB will go up somewhat, but any takeover is more likely to be in the $40s, if it was from a big 5 bank or the Caisse. Thing is, none of them really need LB. Might be more interesting for an EQB. They are only about triple LBs market cap and it could be an interesting way to start a branch network.

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