Desjardins
Desjardins Group Financial Overview Q1 2024
Pages
2
Time to read
5 mins
Publication
Language
English
Pages
2
Time to read
5 mins
Publication
Language
English
This document is a financial report detailing the performance of Desjardins Group for the first quarter of 2024. It includes information on long-term wholesale funding sources, such as subordinated debt, covered bonds, medium-term notes, and mortgage securitization, totaling $46 billion. The report presents balance sheet figures, including total assets, loans and acceptances, deposits, and net interest income for Q1 2024 compared to Q1 2023. It outlines the capital ratios and credit ratings from agencies like Moody's, S&P, DBRS, and Fitch, indicating a stable outlook. The document also discusses ESG evaluations, ranking Desjardins among diversified banks in North America. Additionally, it highlights surplus earnings by business segment, emphasizing the cooperative nature of Desjardins and its commitment to community development. The report concludes with contact information for investor relations and upcoming financial results publication dates.