May 20, 2013 3:58 AM ET

Capital Markets

Company Overview of Capital Desjardins inc.

Company Overview

Capital Desjardins inc. issues securities on capital markets and invests the proceeds in subordinated notes issued by Desjardins caisses. The company was founded in 1987 and is headquartered in Lévis, Canada. Capital Desjardins inc. is a subsidiary of the Fédération des caisses Desjardins du Québec.

100 Des Commandeurs Street

Lévis, QC G6V 7N5

Canada

Founded in 1987

Key Executives for Capital Desjardins inc.

Chair
Age: 57
Senior Vice-President and General Manager
Director of Information & Media Relations
Secretary
Assistant Secretary
Compensation as of Fiscal Year 2012.

Capital Desjardins inc. Key Developments

Capital Desjardins Inc. Reports Earnings Results for the First Quarter Ended March 31, 2013

Capital Desjardins inc. reported earnings results for the first quarter ended March 31, 2013. Operating income for this first quarter was $2,859 million, up $86 million or 3.1% compared to $2,773 million reported in the same quarter of 2012. Investment income for the first quarter of 2013 stood at $132 million, up $47 million or 55.3% compared to the same period last year. Return on equity was 9.8% against 11.7% reported last year. Surplus earnings before member dividends were $378 million against $398 million reported last year.

Capital Desjardins Inc. Reports Earnings Results for the Fourth Quarter Ended December 31, 2012

Capital Desjardins inc. reported earnings results for the fourth quarter ended December 31, 2012. For the quarter, the company reported operating income of $11,300 million compared with $10,936 million for the same period last year. Surplus earnings before member dividends were $1,591 million compared with $1,582 million for the same period last year. Return on equity was 10.4% compared with 12.2% for the same period last year. For fiscal 2012, the company operating income of $2,864 million compared with $2,821 million for the same period last year. Surplus earnings before member dividends were $325 million compared with $427 million for the same period last year. Return on equity was 7.3% compared with 11.9% for the same period last year. Surplus earnings before member dividends decrease resulted from an increase in equity following the issuance of $1.0 billion of capital shares in the Federation and growth in retained earnings.

Capital Desjardins Inc. Reports Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2012

Capital Desjardins inc. reported unaudited earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the company’s interest income was CAD 40,392,000 against CAD 38,803,000 a year ago. Net interest income was CAD 1,203,000 against CAD 1,036,000 a year ago. Income before income taxes was CAD 966,000 against CAD 906,000 a year ago. Net income was CAD 706,000 against CAD 651,000 a year ago. For the nine months, the company’s interest income was CAD 129,298,000 against CAD 116,454,000 a year ago. Net interest income was CAD 3,659,000 against CAD 3,160,000 a year ago. Income before income taxes was CAD 2,928,000 against CAD 2,682,000 a year ago. Net income was CAD 2,140,000 against CAD 1,919,000 a year ago. Cash flow from operating activities was CAD 1,834,000 against CAD 2,319,000 a year ago.

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