Olympia Financial ( (TSE:OLY) ) has provided an announcement.
Olympia Financial Group Inc. reported a 6% decrease in total net earnings to $5.40 million for the first quarter of 2025, compared to the same period in 2024. The company experienced a slight decline in total revenue, which fell by less than 1% to $25.39 million. Service revenue saw a 1% increase due to a growing client base, while trust and other income decreased by 2% due to lower interest rates. Direct and administrative expenses rose by 1%, primarily driven by increased computer support and maintenance costs. The financial results indicate a challenging environment with slight revenue declines and increased operational costs, impacting Olympia’s earnings per share, which fell by 6% to $2.24.
Spark’s Take on TSE:OLY Stock
According to Spark, TipRanks’ AI Analyst, TSE:OLY is a Outperform.
Olympia Financial shows robust financial performance with consistent revenue growth and strong profitability metrics, despite a zero EBIT in the latest year. Valuation is attractive with a low P/E and high dividend yield, signaling good investment potential. Technical analysis indicates stable price trends, while positive corporate events enhance governance and shareholder value, contributing to an overall solid stock outlook.
To see Spark’s full report on TSE:OLY stock, click here.
More about Olympia Financial
Olympia Financial Group Inc. operates primarily through its subsidiary, Olympia Trust Company, which is a non-deposit taking trust company licensed in several Canadian provinces. The company provides services such as administering self-directed registered plan accounts, corporate trust, and transfer agency services. Additionally, Olympia offers currency exchange and global payment services through Olympia Currency and Global Payments Inc., and private health services plans and IT services through Olympia Benefits Inc. Olympia’s shares are listed on the Toronto Stock Exchange under the symbol ‘OLY’.
Average Trading Volume: 1,548
Technical Sentiment Signal: Buy
Current Market Cap: C$244.3M
For an in-depth examination of OLY stock, go to TipRanks’ Stock Analysis page.