The latest update is out from IGM Financial ( (TSE:IGM) ).
IGM Financial Inc. reported its fourth quarter and full-year 2024 earnings, showcasing a significant increase in adjusted net earnings and assets under management compared to the previous year. Despite a decrease in net earnings due to the absence of a prior year’s gain from an asset sale, the company achieved record-high assets under management of $270.4 billion, reflecting strong momentum in its wealth management segment. This growth contributed to a notable rise in adjusted earnings per share, marking one of the strongest annual performances in the company’s history.
More about IGM Financial
IGM Financial Inc. is a leading financial services company based in Winnipeg, Canada. The company primarily focuses on wealth and asset management, offering a range of financial products and services to both individual and institutional clients. It operates with a strategic emphasis on growing assets under management and advisement, which include strategic investments.
YTD Price Performance: -1.87%
Average Trading Volume: 15,304
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $7.38B
See more data about IGM stock on TipRanks’ Stock Analysis page.