tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

CI Financial Reports Q2 2025 Results and Announces Privatization Plan

Story Highlights
  • CI Financial reported a net income of $141.8 million for Q2 2025, reversing a previous net loss.
  • CI Financial is set to go private through an agreement with Mubadala Capital, closing by mid-August 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CI Financial Reports Q2 2025 Results and Announces Privatization Plan

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

CI Financial ( (TSE:CIX) ) has issued an announcement.

CI Financial Corp. reported its financial results for the second quarter of 2025, highlighting a significant turnaround with a net income of $141.8 million compared to a net loss in the previous quarter. The company also noted a 12.6% year-over-year increase in total assets, reaching $550.9 billion. Despite a decline in adjusted net income and revenues due to lower asset management fees and a weaker U.S. dollar, CI Financial maintained its dividend payments and closed a $500 million debenture offering. Additionally, CI Financial is set to go private following a definitive agreement with Mubadala Capital, with the transaction expected to close by mid-August 2025.

The most recent analyst rating on (TSE:CIX) stock is a Hold with a C$17.00 price target. To see the full list of analyst forecasts on CI Financial stock, see the TSE:CIX Stock Forecast page.

Spark’s Take on TSE:CIX Stock

According to Spark, TipRanks’ AI Analyst, TSE:CIX is a Neutral.

The overall stock score is primarily driven by solid revenue growth and positive cash flow, which provide a stable base despite high leverage and profitability issues. Technical indicators suggest bullish trends, but valuation concerns due to negative P/E impact the score.

To see Spark’s full report on TSE:CIX stock, click here.

More about CI Financial

CI Financial Corp. is a financial services company based in Toronto, Canada, primarily engaged in asset management and wealth management services. The company focuses on providing investment management services to retail and institutional clients, with a strong presence in both the Canadian and U.S. markets.

Average Trading Volume: 467,187

Technical Sentiment Signal: Buy

Current Market Cap: C$4.61B

For a thorough assessment of CIX stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1