Laurentian Bank of Canada (LB.TO)

Net assets on the balance sheet as of July 2024 : NZ$3.44 Billion

According to Laurentian Bank of Canada's latest financial reports the company has NZ$3.44 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	$NZ$3.53 B	0.49%
2022-10-31	$NZ$3.52 B	18.42%
2021-10-31	$NZ$2.97 B	1.47%
2020-10-31	$NZ$2.93 B	-3.66%
2019-10-31	$NZ$3.04 B	4.85%
2018-10-31	$NZ$2.90 B	9.91%
2017-10-31	$NZ$2.64 B	28.4%
2016-10-31	$NZ$2.05 B	14.55%
2015-10-31	$NZ$1.79 B	2.02%
2014-10-31	$NZ$1.75 B	6.13%
2013-10-31	$NZ$1.65 B	-11.59%
2012-10-31	$NZ$1.87 B	25.36%
2011-10-31	$NZ$1.49 B	2.24%
2010-10-31	$NZ$1.46 B	-3.01%
2009-10-31	$NZ$1.50 B	-2.27%
2008-10-31	$NZ$1.54 B	12.34%
2007-10-31	$NZ$1.37 B	9.35%
2006-10-31	$NZ$1.25 B	13.97%
2005-10-31	$NZ$1.10 B	3.52%
2004-10-31	$NZ$1.06 B	-6.06%
2003-10-31	$NZ$1.13 B	-1.55%
2002-10-31	$NZ$1.15 B	-8.7%
2001-10-31	$NZ$1.26 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