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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
Tel: N/A
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