Laurentian Bank of Canada (LB.TO)

Net assets on the balance sheet as of July 2024 : NZ$3.32 B

According to Laurentian Bank of Canada's latest financial reports the company has NZ$3.32 B 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$3.54 B	1.04%
2022-10-31	$NZ$3.50 B	17.92%
2021-10-31	$NZ$2.97 B	0.63%
2020-10-31	$NZ$2.95 B	-3%
2019-10-31	$NZ$3.04 B	4.73%
2018-10-31	$NZ$2.90 B	10.1%
2017-10-31	$NZ$2.64 B	28.2%
2016-10-31	$NZ$2.06 B	14.85%
2015-10-31	$NZ$1.79 B	2.04%
2014-10-31	$NZ$1.75 B	6.07%
2013-10-31	$NZ$1.65 B	-11.68%
2012-10-31	$NZ$1.87 B	26.24%
2011-10-31	$NZ$1.48 B	1.67%
2010-10-31	$NZ$1.46 B	-3.01%
2009-10-31	$NZ$1.50 B	-0.39%
2008-10-31	$NZ$1.51 B	10.1%
2007-10-31	$NZ$1.37 B	8.86%
2006-10-31	$NZ$1.26 B	14.64%
2005-10-31	$NZ$1.10 B	3.49%
2004-10-31	$NZ$1.06 B	-6.57%
2003-10-31	$NZ$1.13 B	-1.01%
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