Laurentian Bank Of Canada (T:LB)
Business Focus: Banks (NEC)
| 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 | Bindu Cudjoe Chief Legal Officer, Corporate Secretary | 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 - Personal Banking | Yves Denomme Executive Vice President - Operations | Kelsey Gunderson Executive Vice President, Capital Markets of the Bank President and Chief Executive Officer, Laurentian Bank Securities Inc | Adam Swinemar Senior Vice President - Digital Banking |
| Business Overview |
| Laurentian Bank of Canada (the Bank) is a diversified financial services provider. The Bank operates primarily across Canada and in the United States. Its segments include Personal segment, Business Services segment and Capital Markets 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, 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 Capital Markets 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 three months ended 31 January 2022, Laurentian Bank of Canada interest income decreased 5% to C$311M. Net interest income after loan loss provision increased 10% to C$171.5M. Net income applicable to common stockholders increased 22% to C$50.9M. Net interest income after loan loss provision reflects Net Interest Margin, Total -% increase of 2% to 1.88%, Securities increase of 2% to C$12M, Deposits with banks increase of 31% to C$561K. |
| Employees: | 2,800 as of Oct 31, 2021 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $19,503M as of Jan 31, 2022 |
| Annual revenue (TTM): | $1,238M as of Jan 31, 2022 |
| EBITDA (TTM): | $358.90M as of Jan 31, 2022 |
| Net annual income (TTM): | $54.02M as of Jan 31, 2022 |
| Free cash flow (TTM): | $309.43M as of Jan 31, 2022 |
| Net Debt Last Fiscal Year: | $17,730M as of Jan 31, 2022 |
| Shares outstanding: | 43,205,850 as of May 5, 2022 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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