Laurentian Bank of Canada (LB.TO)

Net assets on the balance sheet as of July 2024 : C$2.81 Billion

According to Laurentian Bank of Canada's latest financial reports the company has C$2.81 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	$C$2.85 B	2.79%
2022-10-31	$C$2.78 B	5.31%
2021-10-31	$C$2.64 B	1.13%
2020-10-31	$C$2.61 B	1.7%
2019-10-31	$C$2.56 B	2.86%
2018-10-31	$C$2.49 B	7.11%
2017-10-31	$C$2.33 B	18.01%
2016-10-31	$C$1.97 B	24.44%
2015-10-31	$C$1.58 B	2.75%
2014-10-31	$C$1.54 B	7.75%
2013-10-31	$C$1.43 B	-6.98%
2012-10-31	$C$1.54 B	26.5%
2011-10-31	$C$1.21 B	7.2%
2010-10-31	$C$1.13 B	-2.97%
2009-10-31	$C$1.17 B	8.1%
2008-10-31	$C$1.08 B	7.84%
2007-10-31	$C$1.00 B	6.16%
2006-10-31	$C$0.94 B	3.63%
2005-10-31	$C$0.91 B	2.99%
2004-10-31	$C$0.88 B	-3.1%
2003-10-31	$C$0.91 B	5.25%
2002-10-31	$C$0.86 B	5.72%
2001-10-31	$C$0.82 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