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Bullboard - Stock Discussion Forum Laurentian Bank of Canada T.LB

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

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 > After all the games...maybe
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Post by 88guy88 on Jul 28, 2023 11:21am

After all the games...maybe

a few banks decide to make a bid afterall.....bank assets for sale in Canada is a rare opportunity and the other big 6 banks know it...

it currently trades at about $40 and if it were to go around book at $60...with some competative bidding that would be......wait for it

50% gain on a bank stock....ok...I can dream can't I....
Comment by dogatcat on Jul 28, 2023 11:26am
And many of the banks can only dream of gaining a foothold in Quebec that Laurentian has.   That is a big fish in the Canadian market.  There is a demand for this asset without question.  Only a fool would think this isn't a very valuable bank.
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