Laurentian Bank Of Canada (T:LB)
Business Focus: Banks
| Sector: Financials | Industry: Banks |
| See Regulatory Filings on SEDAR | |
| Company Contact | |
| Address: | 1420-1981 McGill College Ave MONTREAL QC H3A 3K3 |
| Tel: | N/A |
| Website: | https://www.laurentianbank.ca |
| IR: | See website |
| Key People | ||
| Rania Llewellyn President, Chief Executive Officer, Director | Yvan Deschamps Chief Financial Officer, Executive Vice President | Sebastien Belair Chief Human Resource Officer, Executive Vice President |
| Beel Yaqub Executive Vice President, Chief Information Technology Officer | William Mason Executive Vice President, Chief Risk Officer | Karine Abgrall-Teslyk Executive Vice President, Head of Personal Banking |
| Yves Denomme Executive Vice President - Operations | Kelsey Gunderson Executive Vice President - Capital Markets, President, Chief Executive Officer, Laurentian Bank Securities Inc. | Adam Swinemar Senior Vice President - Digital Banking |
| Business Overview |
| Laurentian Bank of Canada (the Bank) is a Canada-based diversified financial services provider. The Bank is a chartered bank. Its segments include Personal segment, Business Services segment and Institutional segment. The Personal segment caters to the financial needs of retail clients. Clients can access the Bank's offering of financial advice, products and services through a network of branches in Quebec referred to as Financial Clinics; an advisors and brokers channel targeting independent financial intermediaries across Canada; and a digital direct-to-customer platform. The Business Services 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 Institutional segment provides a range of services, including research, market analysis and advisory services; corporate underwriting for debt and equity; and administrative services. |
| Financial Overview |
| For the nine months ended 31 July 2021, LaurentianBank of Canada interest income decreased 13% to C$949M. Netinterest income after loan loss provision increased 17% toC$494.6M. Net income applicable to common stockholdersincreased from C$67.7M to C$149M. Net interest income afterloan loss provision reflects Net Interest Margin, Total -%increase of 1% to 1.86%, Other increase of 60% to C$67.9M. |
| Employees: | 2,900 as of Oct 31, 2020 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $17,997M as of Jul 31, 2021 |
| Annual revenue (TTM): | $1,280M as of Jul 31, 2021 |
| EBITDA (TTM): | $339.58M as of Jul 31, 2021 |
| Net annual income (TTM): | $182.97M as of Jul 31, 2021 |
| Free cash flow (TTM): | $246.37M as of Jul 31, 2021 |
| Net Debt Last Fiscal Year: | $17,410M as of Jul 31, 2021 |
| Shares outstanding: | 43,506,453 as of Sep 7, 2021 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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