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, CAMap
Websitedesjardins.com
Employee Ratings4More
View Jobs (844)

Recent NewsAll News

Latest Updates

Employees (est.) (Mar 2020)48,420(+2%)
Job Openings844
Revenue (FY, 2018)C$17.3 B(+2%)
Cybersecurity ratingBMore

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
Natalie Bisaillon

Natalie Bisaillon

VP Business Development and Client Relationship
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
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Desjardins Office Locations

Desjardins has offices in Lévis, Calgary, Montréal, Ottawa and in 3 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 bureau 300
Montréal, CA
450 Boulevard de Maisonneuve O
Show all (11)

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
Quarterly
CADQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

4.9b3.0b3.5b4.1b4.5b4.1b4.2b4.6b3.7b4.3b4.5b4.1b5.7b5.3b5.0b

Operating expense total

1.8b1.8b1.7b1.8b1.9b1.7b1.8b1.9b1.7b1.9b1.8b1.8b1.9b2.1b1.8b

Pre tax profit

583.0m799.0m518.0m490.0m535.0m563.0m498.0m735.0m898.0m614.0m824.0m732.0m518.0m879.0m725.0m

Income tax expense

119.0m170.0m114.0m108.0m108.0m109.0m115.0m154.0m140.0m113.0m147.0m162.0m117.0m187.0m155.0m
show all
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, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Depreciation and Amortization

40.0m81.0m122.0m42.0m130.0m198.0m41.0m125.0m191.0m63.0m127.0m188.0m61.0m175.0m

Cash From Operating Activities

1.2b2.2b1.2b156.0m1.5b1.2b2.8b3.7b2.2b111.0m1.7b3.1b110.0m531.0m

Purchases of PP&E

(128.0m)(165.0m)(231.0m)(79.0m)(227.0m)(307.0m)(31.0m)(136.0m)(212.0m)(32.0m)(97.0m)(165.0m)(79.0m)(151.0m)

Cash From Investing Activities

(1.8b)(2.9b)(1.8b)38.0m(414.0m)(382.0m)(2.2b)(2.6b)(1.6b)(99.0m)(879.0m)(1.8b)(725.0m)(350.0m)
show all
CADQ1, 2015

Debt/Equity

0.1 x

Financial Leverage

12.5 x
Show all financial metrics

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.
Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019

Customers

7 m7 m7 m

Net Earned Premiums

C$1.88 bC$1.7 bC$1.69 bC$6.91 bC$1.72 bC$1.74 bC$1.87 bC$7.17 bC$1.98 bC$2.08 bC$1.98 bC$8.05 bC$2.14 bC$2.2 bC$2.26 bC$8.82 bC$2.32 bC$2.24 b

Total Loans

C$152.76 bC$155.2 bC$156.91 bC$159.51 bC$160.14 bC$162.69 bC$164.26 bC$166.02 bC$167.6 bC$171.81 bC$173.98 bC$177.49 bC$178.85 bC$184.58 bC$187.15 bC$190.51 bC$191.99 bC$197.53 b

Total Deposits

C$150.44 bC$152.82 bC$154.54 bC$156.57 bC$158.76 bC$163.66 bC$161.34 bC$160.55 bC$169.33 bC$172.74 bC$171.9 bC$171.59 bC$174.64 bC$181.52 bC$182.39 bC$183.16 bC$186.26 bC$193.29 b
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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 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 Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

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Desjardins Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

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Desjardins Online and Social Media Presence

Desjardins's Trends

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Desjardins News and Updates

May 31, 2021

Canada’s Desjardins Buys Hexavest, Adding $4.1 Billion in Assets

Canada’s Desjardins Buys Hexavest, Adding $4.1 Billion in Assets
March 17, 2021

Ghislain Houle, Executive Vice-President and Chief Financial Officer and James Cairns, Senior Vice-President Rail Centric Supply Chain, to address Desjardins Industrials, TMT, Diversified and Consumer Conference on March 23

ADVISORY
December 22, 2020

Privacy watchdog releases damning report into massive Desjardins data breach

A data breach at Desjardins – the largest ever in the Canadian financial services sector – was caused by a series of gaps in administrative and technological safeguards, according to an investigation by the Office of the Privacy Commissioner of Canada (OPC).
March 23, 2020

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...
March 11, 2020

SmartTrade wins Desjardins deal

smartTrade Technologies, a global leader in multi-asset electronic trading solutions, announces toda...
January 23, 2020

Desjardins enters multi-year contract with behavioural analytics firm exagens

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

June 10, 2021

Buying a cottage: needs, budgets and insurance coverages

Evaluate your needs Go over your needs and wants. Be sure to write them down and get the whole family involved. Do you have a specific location in mind? It’s much easier to do preliminary research by narrowing it...
June 07, 2021

Why take out life and health insurance in your 20s?

When we're in your 20s, we have our whole life ahead of us and rarely think something bad could happen. But life can turn upside down in an instant!
June 04, 2021

Atlantide Waterpark: Where magic and tech meet

The Momentum Fund program provides businesses with support for their growth projects. Find out how The Atlantide Complex owners received financial assistance for their digital transformation project.
May 28, 2021

Power of attorney: does it make sense for you?

Find answers to your power of attorney questions.
May 28, 2021

Retirement savings: 5 steps for financial peace of mind

Check out our tips to ease your retirement savings concerns.
May 20, 2021

First summer job: tips to help your teen

Here are some tips to help your teen as they look for--and start--their first summer job!
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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 3 other locations.

  • How many offices does Desjardins have?

    Desjardins has 11 offices.