Desjardins
Financial Performance
Desjardins Revenue & Financials
Revenue
~$16.7B (FY2024)
Net Income
~$2.1B
Employees
56,000
What is Desjardins's revenue?
Desjardins had ~$16.7B in revenue for fiscal year 2024, up 6.5% from 2023. Net income was ~$2.1B.
- Latest revenue
- ~$16.7B (FY2024)
- Year-over-year
- +6.5%
- Growth rate (CAGR)
- 5.9% over 9 years
- Peak revenue
- ~$16.7B (FY2024)
- Years of data
- 10
- Employees
- 56,000
- How much profit does Desjardins make?
- Desjardins reported net income of ~$2.1B for fiscal year 2024.
- How many employees does Desjardins have?
- Desjardins has about 56,000 employees.
Financial Analysis
Desjardins Group demonstrated robust financial performance over the past decade, expanding consolidated operating revenue from C$13.87 billion in fiscal year 2015 to C$23.20 billion in fiscal year 2024, representing an audited ten-year compound expansion. In FY2024, Desjardins achieved C$2.85 billion in net income surplus, delivering an audited net profit margin of 12.28% on C$23.20 billion in revenue, up from C$2.26 billion in FY2023. Total balance sheet assets expanded to over C$435 billion, while member equity (net worth) reached C$34.0 billion. The cooperative group's capital adequacy remains exceptionally conservative, with a Tier 1A capital ratio exceeding 20%, well above international regulatory baselines set by the Basel Committee and the Autorité des marchés financiers (AMF). Operating revenue is resiliently distributed across Property & Casualty Insurance (C$9.744B), Personal & Business Cooperative Services (C$8.352B), Wealth Management & Life and Health Insurance (C$4.176B), and Treasury (C$0.928B).
Revenue Trend Analysis
YoY Change
+6.5%
9-Year CAGR
+5.9%
Peak Year
2024
Trend
Consistent Growth
Desjardins has 10 full fiscal year figures on this page, compounding at +5.9% annually over 9 years. The most recent year saw a 6.5% increase versus the prior year. Annual revenue peaked in fiscal year 2024 at ~$16.7B. Of 9 comparable year-over-year steps, 8 showed growth and 1 showed a decline.
Annual revenue history
| Fiscal Year | Revenue | Net Income | YoY Change |
|---|---|---|---|
| FY2024 | ~$16.7B | ~$2.1B | +6.5% |
| FY2023 | ~$15.7B | ~$1.6B | +7.3% |
| FY2022 | ~$14.6B | ~$1.5B | -0.6% |
| FY2021 | ~$14.7B | ~$2.1B | +10.9% |
| FY2020 | ~$13.2B | ~$1.7B | +2.8% |
| FY2019 | ~$12.9B | ~$1.9B | +7.9% |
| FY2018 | ~$11.9B | ~$1.7B | +8.1% |
| FY2017 | ~$11B | ~$1.5B | +5.4% |
| FY2016 | ~$10.5B | ~$1.3B | +5.0% |
| FY2015 | ~$10B | ~$1.4B | — |
Click any row to see year details.
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Desjardins Revenue and Financial FAQ
What was Desjardins' revenue and surplus earnings in FY2024?
Desjardins reported consolidated revenue of CAD $23.20 billion and net surplus earnings of CAD $2.85 billion in fiscal year 2024.
What is Desjardins' Tier 1 capital ratio?
Desjardins maintains a Tier 1 capital ratio exceeding 20%, ranking it among the most financially sound institutions in the world.
Cite or embed this data
Using these figures? Please credit CorpDigest with a link.
CorpDigest. "Desjardins Revenue & Financials." CorpDigest, https://corpdigest.com/company/desjardins/financials.<div style="font-family:system-ui,sans-serif;font-size:14px;line-height:1.5;border:1px solid #e2e8f0;border-radius:8px;padding:12px 16px;max-width:520px"><strong>Desjardins reported ~$16.7B in revenue (FY2024).</strong><br>Source: <a href="https://corpdigest.com/company/desjardins/financials" target="_blank" rel="noopener">CorpDigest — Desjardins financials</a></div>Related Financial Audits
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