Desjardins

  • RevenueC$17.3 BFY, 2018

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 Ratings4.2
Overall CultureFMore
View Jobs (982)

Recent NewsAll News

Latest Updates

Employees (est.) (Mar 2020)48,420(+2%)
Job Openings982
Revenue (FY, 2018)C$17.3 B(+2%)
Cybersecurity ratingAMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
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Key People/Management at Desjardins

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
Marc Provost

Marc Provost

Vice-President and Co-Chief Investment Officer, Public Markets
Show more

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 Bd Guillaume-Couture
Montréal, CA
1170 Rue Peel #300
Montréal, CA
450 Boulevard de Maisonneuve O
Show all (12)

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

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

A

94/100

Learn more about our premium products
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Desjardins Online and Social Media Presence

Desjardins's Trends

Embed Graph

Desjardins Company Culture

  • Overall Culture

    F

    50/100

  • CEO Rating

    F

    50/100

  • Compensation

    D

    55/100

Learn more on Comparably

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

August 18, 2021

Get your house ready for winter now before it arrives!

Winter is fast approaching, so now's the time to do the annual yard clean-up. Learn what precautions you can take around your house to prevent water damage.
August 11, 2021

Updating your personal finances after a separation

Starting your new life will be much easier if your personal finances are in order and up to date. And the peace of mind you'll gain will help you get back on track and start this new chapter of your life on the right foot.
August 11, 2021

Urban exodus: Living and working in a rural area

Moving from the city to the country can have an impact on your personal finances. Here are a few tips to make sure nothing's left out of your budget.
August 10, 2021

Prepare your post-pandemic budget in 4 easy steps

After a long year, you may be itching to get out there and start spending. Learn more about how to update your budget to fit your new normal.
August 05, 2021

Take advantage of a tax credit by investing in your community

With Capital régional et coopératif Desjardins shares, you can get a tax credit, while supporting your community and diversifying your portfolio.
August 04, 2021

How to talk to your teen about money

Identify a tangible goal, get the discussion going and be open. Learn 5 useful tips for broaching the topic with your teen.
Show more

 Desjardins Frequently Asked Questions

  • When was Desjardins founded?

    Desjardins was founded in 1900.

  • Who are Desjardins key executives?

    Desjardins's key executives are Nicolas Richard, Christian Duceppe and Natalie Bisaillon.

  • 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 and Canadian Imperial Bank of Commerce.

  • 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 12 offices.