Laurentian Bank of Canada (TSX:LB)

Laurentian Bank of Canada Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jul 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020
Interest Income on Loans	1,963	2,113	2,088	1,336	1,118	1,289
Interest Income on Investments	160.38	185.57	184.66	138.03	135.15	133.4
Total Interest Income	2,123	2,299	2,273	1,474	1,253	1,422
Interest Paid on Deposits	920.53	1,024	969.38	467.81	364.29	532.06
Interest Paid on Borrowings	474.63	555.58	557.45	273.21	196.68	207.77
Total Interest Expense	1,395	1,579	1,527	741.02	560.97	739.83
Net Interest Income	728.15	719.51	746.32	733.34	692.34	682.42
Net Interest Income Growth (YoY)	-0.05%	-3.59%	1.77%	5.92%	1.45%	-0.58%
Gain (Loss) on Sale of Assets	14.83	13.96	-	-	-	-
Other Non-Interest Income	246.75	284.74	279.19	300.9	310.12	288.59
Total Non-Interest Income	261.59	298.7	279.19	300.9	310.12	288.59
Non-Interest Income Growth (YoY)	-8.65%	6.99%	-7.22%	-2.97%	7.46%	2.30%
Revenues Before Loan Losses	989.73	1,018	1,026	1,034	1,002	971.01
Provision for Loan Losses	53.44	61.55	61.61	56.88	49.5	116.3
Revenue	936.3	956.66	963.9	977.36	952.96	854.71
Revenue Growth (YoY)	-1.14%	-0.75%	-1.38%	2.56%	11.49%	-7.51%
Salaries and Employee Benefits	358.09	373.5	380.66	383.96	338.01	377.51
Occupancy Expenses	190.86	187.68	178.23	164.15	171.41	173.73
Selling, General & Administrative	33.08	33.28	29.29	18	53.99	19.83
Other Non-Interest Expense	150.05	155.99	141.22	132.57	125.11	145.07
Total Non-Interest Expense	732.09	750.46	729.39	698.67	688.52	716.14
EBT Excluding Unusual Items	204.21	206.2	234.51	278.68	264.44	138.57
Asset Writedown	-	-72	-	-2.99	-154.61	-
Pretax Income	180.59	-22.22	210.41	275.7	72.6	120.28
Income Tax Expense	31.54	-16.72	29.33	49.11	15.53	6.2
Net Income	149.05	-5.5	181.09	226.58	57.07	114.09
Preferred Dividends & Other Adjustments	14.37	12.43	11.78	11.78	12.27	12.47
Net Income to Common	134.68	-17.93	169.31	214.8	44.8	101.62
Net Income Growth	-	-	-20.08%	297.03%	-49.98%	-33.94%
Basic Shares Outstanding	44	44	43	43	43	43
Diluted Shares Outstanding	44	44	43	43	43	43
Shares Change (YoY)	0.92%	0.79%	0.16%	-0.16%	1.29%	1.35%
EPS (Basic)	3.05	-0.41	3.89	4.96	1.03	2.37
EPS (Diluted)	3.05	-0.41	3.89	4.95	1.03	2.37
EPS Growth	-	-	-21.41%	380.58%	-56.51%	-37.18%
Dividend Per Share	1.880	1.880	1.860	1.780	1.600	2.140
Dividend Growth	-	1.07%	4.49%	11.25%	-25.23%	-18.32%
Effective Tax Rate	17.46%	-	13.94%	17.81%	21.39%	5.15%

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