Laurentian Bank of Canada (LB.TO)

Net assets on the balance sheet as of October 2024 : $2.03 Billion USD

According to Laurentian Bank of Canada's latest financial reports the company has $2.03 Billion USD 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	$$2.06 B	1.16%
2022-10-31	$$2.04 B	-4.13%
2021-10-31	$$2.13 B	9.13%
2020-10-31	$$1.95 B	0.16%
2019-10-31	$$1.95 B	2.46%
2018-10-31	$$1.90 B	4.75%
2017-10-31	$$1.81 B	23.32%
2016-10-31	$$1.47 B	21.39%
2015-10-31	$$1.21 B	-12.03%
2014-10-31	$$1.37 B	0.85%
2013-10-31	$$1.36 B	-11.27%
2012-10-31	$$1.54 B	25.76%
2011-10-31	$$1.22 B	9.9%
2010-10-31	$$1.11 B	2.85%
2009-10-31	$$1.08 B	20.66%
2008-10-31	$$0.89 B	-15.29%
2007-10-31	$$1.06 B	25.78%
2006-10-31	$$0.84 B	9.21%
2005-10-31	$$0.77 B	6.08%
2004-10-31	$$0.72 B	4.8%
2003-10-31	$$0.69 B	25.05%
2002-10-31	$$0.55 B	6.63%
2001-10-31	$$0.52 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