Laurentian Bank (TSX:LB) Valuation in Focus After Announcing 25-Basis-Point Lending Rate Cut

By Yahoo! Finance   |   1 month ago
Laurentian Bank (TSX:LB) Valuation in Focus After Announcing 25-Basis-Point Lending Rate Cut

Laurentian Bank of Canada is reducing its lending rates by 25 basis points, in line with other major banks. The stock has shown strong momentum with a 35% shareholder return. Analysts suggest the bank may be overvalued at CA$33.

Read More

Did you find this insightful?