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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: | 1-514-284-4500 |
| Website: | https://www.laurentianbank.ca |
| IR: | See website |
| Key People | ||
| Michael P. Mueller Independent Chairman of the Board | Francois Desjardins President, Chief Executive Officer, Non-independent Director | Francois Laurin Chief Financial Officer, Executive Vice President - Finance, Treasury |
| Deborah Rose Executive Vice President, Chief Operating Officer, Chief Information Officer | William Mason Executive Vice President, Chief Risk Officer | Kelsey Gunderson Executive Vice President, Capital Markets, President and Chief Executive Officer, Laurentian Bank Securities Inc. | Stephane Therrien Executive Vice-President - Personal & Commercial Banking, Laurentian Bank and President and Chief Executive Officer - LBC Financial Services |
| 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 six months ended 30 April 2020, Laurentian Bank of Canada interest income decreased 4% to C$743.8M. Net interest income after loan loss provision decreased 15% to C$269.7M. Net income applicable to common stockholders decreased 55% to C$34.7M. Net interest income after loan loss provision reflects Loans decrease of 3% to C$690.2M, Securities decrease of 14% to C$33.9M. |
| Employees: | 3,200 as of Oct 31, 2019 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $13,041M as of Apr 30, 2020 |
| Annual revenue (TTM): | $1,525M as of Apr 30, 2020 |
| EBITDA (TTM): | $245.56M as of Apr 30, 2020 |
| Net annual income (TTM): | $117.35M as of Apr 30, 2020 |
| Free cash flow (TTM): | -$194.37M as of Apr 30, 2020 |
| Net Debt Last Fiscal Year: | $12,241M as of Apr 30, 2020 |
| Shares outstanding: | 42,939,895 as of Jun 8, 2020 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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