Laurentian Bank of Canada
TSX:LB.TO · Toronto Stock Exchange
+$0.05 today
Vol 0.11M · Avg 0.16M
Income Statement
Follow revenue through to earnings
Review sales, margins, expenses, and profit trends to see what is actually driving reported earnings over time.
Stock Ticker Earnings Waterfall
TSX:LB.TO · Revenue to Net Income
Key Ratios
Analysis
$2.1B of revenue converted into $27.9M of net income for the selected period. Gross margin is 31.3% and net margin is 0.6%, showing how much revenue survives after costs and taxes. EPS is $0.31, tying the income statement back to per-share earnings.
Income Statement
Annual data · 5 periods
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.3B -9.3% | $2.6B +1.2% | $2.6B +43.8% | $1.8B +13.5% | $1.6B | $809.6M | $921.6M | $731.2M |
| Cost of Revenue | $1.4B -13.4% | $1.6B +3.3% | $1.6B +99.1% | $797.9M +30.7% | $610.5M | $725.6M | $804.0M | $882.4M |
| Gross Profit | $921.8M -2.2% | $942.7M -2.2% | $963.9M -1.4% | $977.4M +2.6% | $953.0M | $8.9B | $7.6B | $6.2B |
| Gross Margin | 39.3% +2.9pp | 36.5% -1.3pp | 37.8% -17.3pp | 55.1% -5.9pp | 61.0% | 9.8% | 28.9% | 38.3% |
| Research & Development | $0 | $0 | $0 | $0 | $0 | $983.2M | $1.3B | $490.4M |
| Selling, General & Admin | $407.9M -2.3% | $417.4M -2.0% | $425.8M +2.6% | $415.2M +6.0% | $391.6M | $620.6M | $923.0M | -$1.5B |
| Operating Expenses | $749.2M -22.4% | $964.9M +28.1% | $753.5M +7.4% | $701.7M -20.3% | $880.4M | $5.3B | $7.0B | $8.7B |
| Depreciation & Amortization | $46.3M -19.7% | $57.7M -3.8% | $60.0M +14.3% | $52.5M -14.7% | $61.5M | $374.2M | $1.2B | $631.8M |
| EBITDA | $218.9M +516.9% | $35.5M -86.9% | $270.4M -17.6% | $328.2M +144.7% | $134.1M | -$15.2B | $6.8B | $9.3B |
| EBITDA Margin | 9.3% +8.0pp | 1.4% -9.2pp | 10.6% -7.9pp | 18.5% +9.9pp | 8.6% | 5.6% | 46.3% | 42.0% |
| Operating Income | $172.5M +876.7% | -$22.2M -110.6% | $210.4M -23.7% | $275.7M +279.8% | $72.6M | $12.3B | $14.0B | -$15.7B |
| Operating Margin | 7.4% +8.2pp | -0.9% -9.1pp | 8.2% -7.3pp | 15.5% +10.9pp | 4.6% | 16.6% | 24.1% | 22.0% |
| Interest Income | $2.1B -8.8% | $2.3B +1.1% | $2.3B +54.2% | $1.5B +17.6% | $1.3B | -$1.5B | -$1.6B | $405.0M |
| Interest Expense | $1.4B -13.9% | $1.6B +3.4% | $1.5B +106.0% | $741.0M +32.1% | $561.0M | $1.1B | $1.0B | $1.2B |
| Other Income / Expenses | $0 | $0 | $0 | $0 | $0 | -$1.5B | $1.4B | $1.2B |
| Income Before Tax | $172.5M +876.7% | -$22.2M -110.6% | $210.4M -23.7% | $275.7M +279.8% | $72.6M | $3.3B | $4.9B | $3.6B |
| Pre-Tax Margin | 7.4% +8.2pp | -0.9% -9.1pp | 8.2% -7.3pp | 15.5% +10.9pp | 4.6% | 20.8% | 18.7% | 26.2% |
| Income Tax Expense | $32.7M +295.5% | -$16.7M -157.0% | $29.3M -40.3% | $49.1M +216.3% | $15.5M | $1.3B | -$1.6B | $745.2M |
| Net Income | $139.9M +2643.6% | -$5.5M -103.0% | $181.1M -20.1% | $226.6M +297.0% | $57.1M | $4.9B | $4.8B | $4.7B |
| Net Margin | 6.0% +6.2pp | -0.2% -7.3pp | 7.1% -5.7pp | 12.8% +9.1pp | 3.7% | 12.4% | 17.5% | 22.5% |
| EPS (Basic) | $3 +792.7% | -$0 -110.5% | $4 -21.6% | $5 +381.6% | $1 | $400.8M | $703.2M | $1.3B |
| EPS (Diluted) | $3 +792.7% | -$0 -110.5% | $4 -21.4% | $5 +380.6% | $1 | $766.2M | $609.4M | $452.6M |
| Weighted Avg Shares | $44.2M +0.8% | $43.9M +0.9% | $43.5M +0.3% | $43.3M -0.2% | $43.4M | $757.8M | $925.8M | $1.1B |
| Weighted Avg Shares (Diluted) | $44.3M +0.9% | $43.9M +0.9% | $43.5M +0.2% | $43.4M -0.2% | $43.5M | $1.2B | $924.4M | $678.0M |
Older periods hidden.
Sign in to unlockCompetitors
Peer companies in the same sector
Trisura Group Ltd.
TSX:TSU.TO
$2.03B
Cymbria Corporation
TSX:CYB.TO
$1.94B
United Corporations Limited
TSX:UNC.TO
$1.70B
Guardian Capital Group Limited
GCG-A.TO
$1.67B
Guardian Capital Group Limited
GCG.TO
$1.58B
Canaccord Genuity Group Inc.
TSX:CF.TO
$1.50B
Sagicor Financial Company Ltd.
TSX:SFC.TO
$1.13B
Clairvest Group Inc.
TSX:CVG.TO
$1.03B
Propel Holdings Inc.
TSX:PRL.TO
$958.46M
VersaBank
TSX:VBNK.TO
$882.16M
SEC Filings
Recent regulatory filings
No filings found.
How much revenue does LB.TO generate?
Laurentian Bank of Canada (LB.TO) reported $2.34B of revenue in fiscal 2025.
Is LB.TO profitable?
Laurentian Bank of Canada (LB.TO) reported $139.87M of net income, with a net margin of 6.0%.
Explore More
Continue the stock analysis
Jump to another research area for this company.