GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Laurentian Bank of Canada (OTCPK:LRCDF) » Definitions » Net Margin %

Laurentian Bank of Canada (Laurentian Bank of Canada) Net Margin %

: 14.43% (As of Jan. 2024)
View and export this data going back to 1998. Start your Free Trial

Net margin is calculated as Net Income divided by its Revenue. Laurentian Bank of Canada's Net Income for the three months ended in Jan. 2024 was $27.8 Mil. Laurentian Bank of Canada's Revenue for the three months ended in Jan. 2024 was $192.5 Mil. Therefore, Laurentian Bank of Canada's net margin for the quarter that ended in Jan. 2024 was 14.43%.

The historical rank and industry rank for Laurentian Bank of Canada's Net Margin % or its related term are showing as below:

LRCDF' s Net Margin % Range Over the Past 10 Years
Min: 5.69   Med: 17.38   Max: 21.91
Current: 16.26


LRCDF's Net Margin % is ranked worse than
75.39% of 1459 companies
in the Banks industry
Industry Median: 25.5 vs LRCDF: 16.26

Laurentian Bank of Canada Net Margin % Historical Data

The historical data trend for Laurentian Bank of Canada's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Laurentian Bank of Canada Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Net Margin %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 17.83 11.75 5.69 21.91 17.66

Laurentian Bank of Canada Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Net Margin % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.96 19.17 18.89 12.38 14.43

Competitive Comparison

For the Banks - Regional subindustry, Laurentian Bank of Canada's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Laurentian Bank of Canada Net Margin % Distribution

For the Banks industry and Financial Services sector, Laurentian Bank of Canada's Net Margin % distribution charts can be found below:

* The bar in red indicates where Laurentian Bank of Canada's Net Margin % falls into.



Laurentian Bank of Canada Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Laurentian Bank of Canada's Net Margin for the fiscal year that ended in Oct. 2023 is calculated as

Net Margin=Net Income (A: Oct. 2023 )/Revenue (A: Oct. 2023 )
=132.065/747.892
=17.66 %

Laurentian Bank of Canada's Net Margin for the quarter that ended in Jan. 2024 is calculated as

Net Margin=Net Income (Q: Jan. 2024 )/Revenue (Q: Jan. 2024 )
=27.775/192.461
=14.43 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Laurentian Bank of Canada  (OTCPK:LRCDF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Laurentian Bank of Canada Net Margin % Related Terms

Thank you for viewing the detailed overview of Laurentian Bank of Canada's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Laurentian Bank of Canada (Laurentian Bank of Canada) Business Description

Traded in Other Exchanges
Address
1360, Boulevard Rene-Levesque Ouest, Suite 600, Secretariat Corporatif, Montreal, QC, CAN, H3G 0E5
Laurentian Bank of Canada provides personal banking, business banking and real estate and commercial financing to its personal, business, and institutional customers across Canada and the United States. The company reports three operating segments: personal, commercial banking, and capital markets. The personal segment offers financial services to retail clients. The commercial banking segment provides financial services, commercial banking, real estate financing, and equipment and inventory financing to business clients. The firm launched LBC Digital, allowing it to expand its customer reach from coast to coast through a direct-to-customer channel. The Canadian geographic segment generates majority of the revenue for the company.