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 | Rania Llewellyn President, Chief Executive Officer, Director | Francois Laurin Chief Financial Officer, Executive Vice President - Finance, Treasury |
| Yvan Deschamps Chief Financial Officer, Executive Vice President | 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. |
| 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 fiscal year ended 31 October 2020,Laurentian Bank of Canada interest income decreased 9% toC$1.42B. Net interest income after loan loss provisiondecreased 12% to C$566.1M. Net income applicable to commonstockholders decreased 36% to C$101.6M. Net interest incomeafter loan loss provision reflects Retail, Business, B2Band Capital Markets segment decrease from C$642M to C$0K. |
| Employees: | 2,900 as of Oct 31, 2020 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $17,598M as of Oct 31, 2020 |
| Annual revenue (TTM): | $1,422M as of Oct 31, 2020 |
| EBITDA (TTM): | $233.55M as of Oct 31, 2020 |
| Net annual income (TTM): | $101.62M as of Oct 31, 2020 |
| Free cash flow (TTM): | $551.19M as of Oct 31, 2020 |
| Net Debt Last Fiscal Year: | $16,057M as of Oct 31, 2020 |
| Shares outstanding: | 43,240,432 as of Jan 11, 2021 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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