Financial highlights

2010 Annual Report and quarterly reports

Cooperation: A model that combines stability and performance

Desjardins Group ranks 1st in Tier 1 capital ratio and 15th out of more than 7,500 deposit-taking financial institutions in North America (as at June 30, 2010).

Cooperation: a model that combines stability and performance

Financial position1

As at December 31, 2010 (in millions of $ and as a %)

 
2010
2009
20081
Total assets
$172,275
$157,442
$152,298
Liquid assets
39,215
32,517
30,592
Loans
109,900
103,464
104,462
Deposits and subordinated debentures
112,384
105,687
102,184
Equity
13,063
11,346
10,029
Assets under administration
281,922
235,950
201,647
Assets under management
40,979
35,540
29,292
Tier 1 capital ratio (as per BIS standards)
17.7%
15.8%
13.6%

Operating income1

Year ended December 31, 2010 (in millions of $ and as a %)

 
2010
2009
20082
Total income
$11,685
$10,670
$8,373
Provisions for credit losses
197
260
223
Non-interest expense
5,403
5,149
4,805
Surplus earnings after income taxes and before member dividends
1,437
1,074
89
Provision for member dividends
299
311
215
Return on equity
11.6%
10.2%
0.9%

Credit ratings

As at December 31, 2010

 
Short-term ratings
Senior, medium-term and long-term ratings
Standard and Poor's
A-1+
AA-
Moody's
P-1
Aa1
Dominion Bond Rating Service
R-1 (high)
AA
Fitch
F1+
AA-

1. Excluding caisses populaires and federations in Manitoba and New Brunswick.
2. Data restated to reflect the presentation adopted in 2010.