Desjardins

OverviewSuggest Edit

Desjardins is a cooperative financial group. It operates in three segments: Personal and Business Services; Wealth Management and Life and Health Insurance; and Property and Casualty Insurance. The company offers everyday financial management, savings transactions, payment services, financing, specialized services, access to capital markets, development capital, business ownership transfers and advisory services, and through its distribution network, life and health insurance and property and casualty insurance products.

TypePrivate
Founded1900
HQLévis, CA
Websitedesjardins.com
Employee Ratings3.9

Latest Updates

Employees (est.) (Mar 2020)48,420(+2%)
Job Openings453
Revenue (FY, 2018)C$17.3 B(+2%)
Cybersecurity ratingCMore

Key People/Management at Desjardins

Guy Cormier

Guy Cormier

Chair of the Board, President and Chief Executive Officer
Nicolas Richard

Nicolas Richard

President and Chief Operating Officer, Desjardins Global Asset Management
Christian Duceppe

Christian Duceppe

Vice-President and Co-Chief Investment Officer, Public Markets
Eric Lachaine

Eric Lachaine

Executive Vice-President, Caisse Network and Member and Client Services
Réal Bellemare

Réal Bellemare

Senior Executive Vice-President and Chief Operating Officer, Acting Executive Vice-President, Information Technology
Marc Provost

Marc Provost

Vice-President and Co-Chief Investment Officer, Public Markets
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Desjardins Office Locations

Desjardins has offices in Lévis, Calgary, Montréal, Ottawa and in 4 other locations
Lévis, CA (HQ)
100 Rue des Commandeurs
Calgary, CA
110 9 Ave SW #410
Lévis, CA
200 Rue des Commandeurs
Lévis, CA
6300 Boulevard Guillaume-Couture
Montréal, CA
1170 Rue Peel #300
Montréal, CA
450 Boulevard de Maisonneuve O
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Desjardins Financials and Metrics

Summary Metrics

Founding Date

1900
Show all financial metrics

Desjardins Revenue

Desjardins's revenue was reported to be C$17.31 b in FY, 2018 which is a 1.2% increase from the previous period.
CAD

Revenue (Q3, 2019)

5.0b

Net income (Q3, 2019)

510.0m

Cash (30-Jun-2019)

3.4b
Annual
CADFY, 2015FY, 2016FY, 2017FY, 2018

Revenue

15.3b15.2b17.1b17.3b

Revenue growth, %

(1%)12%1%

Operating expense total

7.0b7.2b7.3b7.5b

Pre tax profit

2.5b2.2b2.7b2.9b
Annual
CADFY, 2015FY, 2016FY, 2017FY, 2018

Depreciation and Amortization

188.0m299.0m290.0m283.0m

Cash From Operating Activities

2.8b197.0m3.2b3.3b

Purchases of PP&E

(347.0m)(539.0m)(378.0m)(474.0m)

Cash From Investing Activities

(2.9b)606.0m(2.4b)(1.8b)
Quarterly
CADQ1, 2015

Debt/Equity

0.1 x

Financial Leverage

12.5 x
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Desjardins Operating Metrics

Desjardins's Total Loans was reported to be C$197.5b in Q2, 2019. Desjardins's Total Deposits was reported to be C$193.3b in Q2, 2019. Desjardins's Customers was reported to be 7 m in FY, 2017.
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Desjardins Acquisitions / Subsidiaries

Company NameDateDeal Size
FÉDÉRATION DES CAISSES DESJARDINS DU QUÉBEC
FONDS DE SÉCURITÉ DESJARDINS
LA FÉDÉRATION DES CAISSES POPULAIRES DE L'ONTARIO
QUEBEC AND ONTARIO CAISSES

Desjardins Cybersecurity Score

Cybersecurity ratingPremium dataset

C

77/100

SecurityScorecard logo

Desjardins Revenue Breakdown

Embed Graph

Desjardins revenue breakdown by business segment: 34.9% from Personal and Business Services, 41.4% from Wealth Management and Life and Health Insurance and 23.7% from Property and Casualty Insurance

Desjardins Online and Social Media Presence

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Desjardins News and Updates

Desjardins increases contactless payment limit on Desjardins terminals for credit cardholders

In response to the government's recommendations, Desjardins Group has adopted a number of preventive...

SmartTrade wins Desjardins deal

smartTrade Technologies, a global leader in multi-asset electronic trading solutions, announces toda...

Desjardins enters multi-year contract with behavioural analytics firm exagens

Desjardins Group has selected Montreal-based exagens and its award-winning behavioral banking platfo...

Desjardins Chooses exagens Behavioral Banking Platform for Multiyear Contract to Enhance Digital Customer Relationships

MONTREAL, Jan. 21, 2020 /PRNewswire/ -- Desjardins Group has selected Montreal-based exagens and its award-winning behavioral banking platform to further enrich the digital experience it provides members. As Canada's largest cooperative financial group and one of North America's strongest...

Desjardins COO and IT lead lose jobs over data breach

Canadian credit co-operative Desjardins has sacked its COO and IT EVP in the wake of a data breach i...

Desjardins Group data breach hit all 4.2 million members: Quebec finance minister

A June data breach that hit Canada's Desjardins Group has affected all of the financial cooperative's 4.2 million members, prompting government reforms to protect personal information in the Canadian province of Quebec, an official said on Friday.
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Desjardins Blogs

Pay it forward: Become a mentor

Julien Hivon has been an Academos mentor for 2 years now. He loves sharing his passion, and he's really proud of making a difference for young people.

What you need to know about TFSAs

Although tax-free savings accounts (TFSAs) are very popular, there are still are a lot of myths about them--and some are harder to dispel than others.

Business success: it's all about overcoming challenges

Maxime Clément, 30, is the head of the first Quebec-based yeast provider for Canadian microbreweries. Read on to find out what's behind his team's success.

Tips for making your financial resolutions stick

What are your financial goals for 2019? While New Year's resolutions are easy to make, we all know how hard it is to keep them past January.

Got a new job? Thought about your insurance coverage?

You got the job! Does it come with group insurance? Even if it doesn't, chances are you'll need to take stock of your life and health insurance coverage.

Economic update: tax measures to stimulate investments in businesses

Bill Morneau, Canada's Minister of Finance, has tabled his government's economic and budget update on November 21, 2018. It contains new, targeted fiscal measures aimed mainly at stimulating investment in businesses and for the print news media.
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Desjardins Frequently Asked Questions

  • When was Desjardins founded?

    Desjardins was founded in 1900.

  • Who are Desjardins key executives?

    Desjardins's key executives are Guy Cormier, Nicolas Richard and Christian Duceppe.

  • How many employees does Desjardins have?

    Desjardins has 48,420 employees.

  • What is Desjardins revenue?

    Latest Desjardins annual revenue is C$17.3 b.

  • What is Desjardins revenue per employee?

    Latest Desjardins revenue per employee is C$357.5 k.

  • Who are Desjardins competitors?

    Competitors of Desjardins include Royal Bank Of Canada, Toronto-Dominion Bank (TD) and Canadian Imperial Bank of Commerce (CIBC).

  • Where is Desjardins headquarters?

    Desjardins headquarters is located at 100 Rue des Commandeurs, Lévis.

  • Where are Desjardins offices?

    Desjardins has offices in Lévis, Calgary, Montréal, Ottawa and in 4 other locations.

  • How many offices does Desjardins have?

    Desjardins has 13 offices.