Laurentian Historical Income Statement

LB Stock  CAD 25.73  0.31  1.22%   
Historical analysis of Laurentian Bank income statement accounts such as Total Revenue of 806 M can show how well Laurentian Bank performed in making a profits. Evaluating Laurentian Bank income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Laurentian Bank's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Laurentian Bank latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Laurentian Bank is a good buy for the upcoming year.
  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Laurentian Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

About Laurentian Income Statement Analysis

Laurentian Bank Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Laurentian Bank shareholders. The income statement also shows Laurentian investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Laurentian Bank Income Statement Chart

Laurentian Bank Income Statement is one of the three primary financial statements used for reporting Laurentian's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Laurentian Bank revenue and expense. Laurentian Bank Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Laurentian Bank's Interest Expense is very stable compared to the past year. As of the 18th of April 2024, Tax Provision is likely to grow to about 28.1 M, while Depreciation And Amortization is likely to drop about 44.2 M.

Total Revenue

Total revenue comprises all receipts Laurentian Bank generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Laurentian Bank minus its cost of goods sold. It is profit before Laurentian Bank operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Laurentian Bank operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Laurentian Bank is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Laurentian Bank's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Laurentian Bank current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Laurentian Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
At this time, Laurentian Bank's Interest Expense is very stable compared to the past year. As of the 18th of April 2024, Tax Provision is likely to grow to about 28.1 M, while Depreciation And Amortization is likely to drop about 44.2 M.
 2021 2023 2024 (projected)
Interest Expense741.0M1.8B1.8B
Depreciation And Amortization52.5M60.4M44.2M

Laurentian Bank income statement Correlations

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0.720.370.960.970.590.590.640.53-0.170.610.340.460.550.290.65-0.020.650.670.56
0.640.330.961.00.60.60.640.58-0.220.650.360.540.60.340.70.090.70.620.57
0.640.320.971.00.610.610.650.57-0.220.650.360.530.60.340.70.080.70.630.57
0.10.520.590.60.611.01.00.76-0.740.840.50.870.670.810.670.240.730.760.39
0.10.520.590.60.611.01.00.76-0.740.840.50.870.670.810.670.240.730.760.39
0.170.520.640.640.651.01.00.75-0.740.830.480.850.70.790.70.190.750.770.43
-0.070.210.530.580.570.760.760.75-0.380.990.840.680.190.90.30.730.390.38-0.04
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0.040.280.610.650.650.840.840.830.99-0.480.770.740.340.890.40.620.490.480.08
-0.280.280.340.360.360.50.50.480.840.010.770.41-0.150.790.130.810.250.35-0.2
-0.040.490.460.540.530.870.870.850.68-0.760.740.410.650.720.650.290.650.590.28
0.440.570.550.60.60.670.670.70.19-0.720.34-0.150.650.270.88-0.370.850.710.84
-0.290.410.290.340.340.810.810.790.9-0.540.890.790.720.270.370.670.480.470.02
0.420.740.650.70.70.670.670.70.3-0.470.40.130.650.880.37-0.210.980.840.87
-0.55-0.18-0.020.090.080.240.240.190.730.030.620.810.29-0.370.67-0.21-0.1-0.14-0.53
0.360.780.650.70.70.730.730.750.39-0.510.490.250.650.850.480.98-0.10.880.85
0.310.840.670.620.630.760.760.770.38-0.430.480.350.590.710.470.84-0.140.880.73
0.60.650.560.570.570.390.390.43-0.04-0.340.08-0.20.280.840.020.87-0.530.850.73
Click cells to compare fundamentals

Laurentian Bank Account Relationship Matchups

Laurentian Bank income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization46.6M65.6M61.5M52.5M60.4M44.2M
Interest Expense739.8M561.0M741.0M1.5B1.8B1.8B
Selling General Administrative370.5M370.4M386.2M425.8M489.7M300.4M
Total Revenue933.8M1.0B1.0B1.0B1.2B806.0M
Gross Profit928.4M933.8M1.0B1.0B1.2B794.1M
Operating Income1.1B860.1M633.6M1.0B1.2B806.9M
Ebit1.1B860.1M633.6M1.0B1.2B806.9M
Ebitda1.1B925.8M695.1M1.1B1.2B851.1M
Income Before Tax120.3M72.6M275.7M210.4M242.0M158.7M
Total Other Income Expense Net(870.0M)(739.8M)(561.0M)(741.0M)(666.9M)(700.3M)
Net Income114.1M57.1M226.6M181.1M208.3M123.1M
Income Tax Expense23.5M6.2M15.5M49.1M56.5M37.2M
Selling And Marketing Expenses36.1M25.9M21.2M29M33.4M29.2M
Other Operating Expenses160.5M145.1M125.1M133.7M153.8M126.1M
Net Income From Continuing Ops114.1M57.1M226.6M181.1M208.3M173.5M
Net Income Applicable To Common Shares159.7M101.6M44.8M214.8M247.0M156.7M
Tax Provision6.2M15.5M49.1M29.3M26.4M28.1M
Net Interest Income682.4M692.3M733.3M746.3M858.3M739.4M
Interest Income1.4B1.3B1.5B2.3B2.6B1.6B
Reconciled Depreciation65.6M61.5M52.5M60.0M69.0M57.3M

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Laurentian Bank. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.
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Please note, there is a significant difference between Laurentian Bank's value and its price as these two are different measures arrived at by different means. Investors typically determine if Laurentian Bank is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Laurentian Bank's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.