Laurentian Bank of Canada Balance Sheet Health
Financial Health criteria checks 4/6
Laurentian Bank of Canada has total assets of CA$47.5B and total equity of CA$2.8B. Total deposits are CA$23.3B, and total loans are CA$34.9B earning a Net Interest Margin of 1.8%. It has insufficient allowance for bad loans, which are currently at 1.1% of total loans. Cash and short-term investments are CA$8.3B.
Key information
17x
Asset to equity ratio
1.8%
Net interest margin
Total deposits | CA$23.34b |
Loan to deposit ratio | High |
Bad loans | 1.1% |
Allowance for bad loans | Low |
Current ratio | Low |
Cash & equivalents | CA$8.29b |
Recent financial health updates
No updates
Recent updates
Laurentian Bank of Canada (TSE:LB) Is Paying Out A Dividend Of CA$0.47
Sep 03Laurentian Bank of Canada (TSE:LB) Has Announced A Dividend Of CA$0.47
Jun 20Laurentian Bank of Canada (TSE:LB) Is Paying Out A Dividend Of CA$0.47
Mar 07Laurentian Bank of Canada's (TSE:LB) Dividend Will Be Increased To CA$0.47
Jun 06Here's Why Laurentian Bank of Canada (TSE:LB) Has Caught The Eye Of Investors
Jun 02Laurentian Bank of Canada (TSE:LB) Is Paying Out A Larger Dividend Than Last Year
Dec 13Laurentian Bank of Canada's (TSE:LB) Dividend Will Be Increased To CA$0.45
Jun 08Laurentian Bank of Canada's (TSE:LB) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 16Laurentian Bank of Canada (TSE:LB) Has Announced A Dividend Of CA$0.40
Sep 20Laurentian Bank of Canada (TSE:LB) Has Re-Affirmed Its Dividend Of CA$0.40
Sep 06Laurentian Bank of Canada (TSE:LB) Has Affirmed Its Dividend Of CA$0.40
Jun 06What Type Of Returns Would Laurentian Bank of Canada's(TSE:LB) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Feb 17Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: LB's Assets to Equity ratio (17x) is moderate.
Allowance for Bad Loans: LB has a low allowance for bad loans (56%).
Low Risk Liabilities: 52% of LB's liabilities are made up of primarily low risk sources of funding.
Loan Level: LB has an appropriate level of Loans to Assets ratio (73%).
Low Risk Deposits: LB's Loans to Deposits ratio (149%) is high.
Level of Bad Loans: LB has an appropriate level of bad loans (1.1%).