Laurentian Bank of Canada (LRCDF)

Laurentian Bank of Canada Income Statement

Financials in millions CAD. Fiscal year is November - October.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021
Interest Income on Loans	1,936	2,113	2,088	1,336	1,118
Interest Income on Investments	160.93	185.57	184.66	138.03	135.15
Total Interest Income	2,097	2,299	2,273	1,474	1,253
Interest Paid on Deposits	891.06	1,024	969.38	467.81	364.29
Interest Paid on Borrowings	469.1	555.58	557.45	273.21	196.68
Total Interest Expense	1,360	1,579	1,527	741.02	560.97
Net Interest Income	736.92	719.51	746.32	733.34	692.34
Net Interest Income Growth (YoY)	2.42%	-3.59%	1.77%	5.92%	1.45%
Gain (Loss) on Sale of Assets	0.88	13.96	-	-	-
Other Non-Interest Income	245.87	284.74	279.19	300.9	310.12
Total Non-Interest Income	246.75	298.7	279.19	300.9	310.12
Non-Interest Income Growth (YoY)	-17.39%	6.99%	-7.22%	-2.97%	7.46%
Revenues Before Loan Losses	983.67	1,018	1,026	1,034	1,002
Provision for Loan Losses	61.04	61.55	61.61	56.88	49.5
Revenue	922.64	956.66	963.9	977.36	952.96
Revenue Growth (YoY)	-3.56%	-0.75%	-1.38%	2.56%	11.49%
Salaries and Employee Benefits	357.35	373.5	380.66	383.96	338.01
Occupancy Expenses	193.8	187.68	178.23	164.15	171.41
Selling, General & Administrative	40.54	33.28	29.29	18	53.99
Other Non-Interest Expense	147.51	155.99	141.22	132.57	125.11
Total Non-Interest Expense	739.19	750.46	729.39	698.67	688.52
EBT Excluding Unusual Items	183.45	206.2	234.51	278.68	264.44
Asset Writedown	-	-72	-	-2.99	-154.61
Pretax Income	172.55	-22.22	210.41	275.7	72.6
Income Tax Expense	32.67	-16.72	29.33	49.11	15.53
Net Income	139.87	-5.5	181.09	226.58	57.07
Preferred Dividends & Other Adjustments	14.37	12.43	11.78	11.78	12.27
Net Income to Common	125.5	-17.93	169.31	214.8	44.8
Net Income Growth	-	-	-20.08%	297.03%	-49.98%
Basic Shares Outstanding	44	44	43	43	43
Diluted Shares Outstanding	44	44	43	43	43
Shares Change (YoY)	1.01%	0.79%	0.16%	-0.16%	1.29%
EPS (Basic)	2.84	-0.41	3.89	4.96	1.03
EPS (Diluted)	2.84	-0.41	3.89	4.95	1.03
EPS Growth	-	-	-21.41%	380.58%	-56.51%
Dividend Per Share	1.880	1.880	1.860	1.780	1.600
Dividend Growth	-	1.07%	4.49%	11.25%	-25.23%
Effective Tax Rate	18.94%	-	13.94%	17.81%	21.39%

Updated Oct 31, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.