iA Financial Corporation Inc (TSE:IAG) has released an update.
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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
iA Financial Corporation Inc. reported strong third quarter results, highlighting a 17% increase in core earnings per share and a 10% dividend increase. The company’s robust sales momentum led to a 25% year-over-year increase in premiums and deposits, supported by acquisitions and strong performance in Canada and the U.S. With a solid solvency ratio of 140%, iA Financial is well-positioned to continue its growth through organic investments and acquisitions.
For further insights into TSE:IAG stock, check out TipRanks’ Stock Analysis page.