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Bullboard - Stock Discussion Forum 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... see more

TSX:LB - Post Discussion

Laurentian Bank of Canada > Most likely buyer
View:
Post by autofocus111 on Jul 18, 2023 2:12pm

Most likely buyer

I'd say TD tops the list. TD has excess capital after the failed move on First Horizon. TD bought WellsFargo's Canadian equipment financing business a couple of years ago so they are clearly interested in that segment. LB has been focused on that business category and has US exposure to it via its Northpoint commercial finance unit.
Comment by rad10 on Jul 18, 2023 5:48pm
Article in G&M likes Desjardins, TD and National.
Laurentian Bank of Canada
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