Laurentian Bank of Canada (LB.TO)

Net assets on the balance sheet as of July 2024 : £1.55 Billion

According to Laurentian Bank of Canada's latest financial reports the company has £1.55 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	$£1.69 B	-3.58%
2022-10-31	$£1.76 B	13.14%
2021-10-31	$£1.55 B	3.23%
2020-10-31	$£1.50 B	-0.18%
2019-10-31	$£1.51 B	0.93%
2018-10-31	$£1.49 B	8.9%
2017-10-31	$£1.37 B	14.02%
2016-10-31	$£1.20 B	53.52%
2015-10-31	$£0.78 B	-8.89%
2014-10-31	$£0.86 B	1.01%
2013-10-31	$£0.85 B	-11%
2012-10-31	$£0.95 B	26.05%
2011-10-31	$£0.76 B	9.41%
2010-10-31	$£0.69 B	5.51%
2009-10-31	$£0.65 B	17.86%
2008-10-31	$£0.55 B	9.61%
2007-10-31	$£0.51 B	15.41%
2006-10-31	$£0.44 B	1.23%
2005-10-31	$£0.43 B	10.22%
2004-10-31	$£0.39 B	-3.02%
2003-10-31	$£0.40 B	14.56%
2002-10-31	$£0.35 B	-0.71%
2001-10-31	$£0.35 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