Laurentian Bank of Canada (TSX:LB) Interest Expense : C$-1,586 Mil (TTM As of Jan. 2024)

View and export this data going back to 1998. Start your Free Trial

What is Laurentian Bank of Canada Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Laurentian Bank of Canada's interest expense for the three months ended in Jan. 2024 was C$ -412 Mil. Its interest expense for the trailing twelve months (TTM) ended in Jan. 2024 was C$-1,586 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Laurentian Bank of Canada's Operating Income for the three months ended in Jan. 2024 was C$ Mil. Laurentian Bank of Canada's Interest Expense for the three months ended in Jan. 2024 was C$ Mil. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Laurentian Bank of Canada Interest Expense Historical Data

The historical data trend for Laurentian Bank of Canada's Interest Expense 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 Interest Expense Chart

Laurentian Bank of Canada Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Interest Expense

Get a 7-Day Free Trial

-869.97

-739.83

-560.97

-741.02

-1,526.83

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
Interest Expense	Get a 7-Day Free Trial															-352.52	-371.43	-392.42	-410.46	-412.05

Laurentian Bank of Canada Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-1,586 Mil.

Laurentian Bank of Canada (TSX:LB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Laurentian Bank of Canada (TSX:LB) » Definitions » Interest Expense

Comparable Companies

Traded in Other Exchanges

LRCDF:USA LT7:Germany LB.PR.H.PFD:Canada

Address

1360, Boulevard Rene-Levesque Ouest, Suite 600, Secretariat Corporatif, Montreal, QC, CAN, H3G 0E5

Website

https://www.lbcfg.ca

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.

Laurentian Bank of Canada (TSX:LB) Headlines

No Headlines