Laurentian Bank of Canada

Chart & Performance

D1W1MN

Profile

Laurentian Bank of Canada, together with its subsidiaries, provides various financial services to personal, business, and institutional customers in Canada and the United States. It operates through three segments: Personal Banking, Commercial Banking, and Capital Markets. The company offers notice, demand, and term deposits; commercial, residential mortgage, and personal loans; real estate, and equipment and inventory financing; and credit life and disability insurance products. It also provides investment securities services; research, market analysis, and advisory services; corporate underwriting services for debt and equity; and administrative, foreign exchange, and trustee services. The company sells its products through the bank's financial clinics, advisors, broker channels, and digital platforms. Laurentian Bank of Canada was founded in 1846 and is headquartered in Montréal, Canada.

URL

https://www.laurentianbank.ca/

IPO date

May 22, 1981

Employees

3,000

Domiciled in

Incorporated in

Valuation

Order:

Title CAD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title CAD in thousands, except ratios and share amounts	2024‑10	2023‑10	2022‑10	2021‑10	2020‑10	2019‑10	2018‑10	2017‑10	2016‑10	2015‑10
Income
Revenues	1,018,209 -0.71%	1,025,510 -0.84%	1,034,235 3.17%
Cost of revenue	417,372	425,828	415,157
Unusual Expense (Income)
NOPBT	600,837	599,682	619,078
NOPBT Margin	59.01%	58.48%	59.86%
Operating Taxes	(16,716)	29,326	49,113
Tax Rate		4.89%	7.93%
NOPAT	617,553	570,356	569,965
Net income	(5,499) -103.04%	181,087 -20.08%	226,583 297.03%
Dividends	(85,473)	(83,079)	(92,718)
Dividend yield	7.47%	7.52%	7.03%
Proceeds from repurchase of equity	13	664	(15,303)
BB yield	0.00%	-0.06%	1.16%
Debt
Debt current			4,335,190
Long-term debt	15,707,767	15,353,459	15,174,944
Deferred revenue
Other long-term liabilities	(15,655,306)	18,791,703	(14,152,162)
Net debt	7,925,988	7,854,465	11,079,003
Cash flow
Cash from operating activities	198,784	204,047	896,888
CAPEX	(37,022)	(38,698)	(63,049)
Cash from investing activities	(61,449)	665,228	(759,033)
Cash from financing activities	(114,481)	(1,007,599)	(140,707)
FCF	(10,653,040)	15,463,908	351,591
Balance
Cash	1,682,145	1,482,567	2,246,670
Long term investments	6,099,634	6,016,427	6,184,461
Excess cash	7,730,869	7,447,718	8,379,419
Stockholders' equity	2,698,160	2,858,820	2,654,046
Invested Capital	44,641,669	34,185,112	51,396,998
ROIC	1.57%	1.33%	1.18%
ROCE	1.27%	1.62%	1.14%
EV
Common stock shares outstanding	43,867	43,480	43,412
Price	26.08 2.68%	25.40 -16.45%	30.40 -27.05%
Market cap	1,144,051 3.59%	1,104,392 -16.32%	1,319,725 -27.16%
EV	9,192,110	9,080,928	12,520,799
EBITDA	658,530	659,659	671,562
EV/EBITDA	13.96	13.77	18.64
Interest	1,579,343	1,526,830	741,022
Interest/NOPBT	262.86%	254.61%	119.70%