Laurentian Bank of Canada (LB.TO)

Net assets on the balance sheet as of July 2024 : A$3.22 Billion

According to Laurentian Bank of Canada's latest financial reports the company has A$3.22 Billion in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Laurentian Bank of Canada - Net assets on balance sheet (from 2001 to 2024)

Net assets by year

Year	Net assets	Change
2023-10-31	$A$3.24 B	1.64%
2022-10-31	$A$3.19 B	12.66%
2021-10-31	$A$2.83 B	1.98%
2020-10-31	$A$2.77 B	-1.71%
2019-10-31	$A$2.82 B	5.45%
2018-10-31	$A$2.68 B	13.58%
2017-10-31	$A$2.36 B	21.73%
2016-10-31	$A$1.93 B	14.07%
2015-10-31	$A$1.70 B	8.73%
2014-10-31	$A$1.56 B	8.23%
2013-10-31	$A$1.44 B	-2.87%
2012-10-31	$A$1.48 B	29.5%
2011-10-31	$A$1.14 B	1.32%
2010-10-31	$A$1.13 B	-5.78%
2009-10-31	$A$1.20 B	-10.46%
2008-10-31	$A$1.34 B	17.99%
2007-10-31	$A$1.13 B	4.62%
2006-10-31	$A$1.08 B	5.64%
2005-10-31	$A$1.03 B	5.88%
2004-10-31	$A$0.97 B	-0.9%
2003-10-31	$A$0.98 B	-2.24%
2002-10-31	$A$1.00 B	-2.79%
2001-10-31	$A$1.03 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Laurentian Bank of Canada (LB.TO) - Net assets