Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|---|
Income Statement | ||||||
Total Revenue | 10.17B | 11.58B | 7.93B | 6.55B | 15.51B | 17.70B |
Gross Profit | 8.66B | 11.58B | 11.23B | 6.55B | 15.51B | 17.70B |
EBITDA | 1.52B | 1.61B | 1.38B | 799.00M | 1.39B | 998.00M |
Net Income | 923.00M | 962.00M | 789.00M | 800.00M | 859.00M | 632.00M |
Balance Sheet | ||||||
Total Assets | 111.68B | 109.86B | 93.85B | 87.42B | 94.66B | 86.47B |
Cash, Cash Equivalents and Short-Term Investments | 1.79B | 1.57B | 1.38B | 1.36B | 1.55B | 1.95B |
Total Debt | 1.50B | 2.09B | 1.87B | 2.07B | 1.65B | 1.67B |
Total Liabilities | 104.11B | 102.39B | 86.81B | 80.28B | 87.41B | 79.95B |
Stockholders Equity | 7.56B | 7.47B | 7.04B | 7.14B | 7.25B | 6.51B |
Cash Flow | ||||||
Free Cash Flow | 2.09B | 763.00M | 1.06B | 326.00M | -63.00M | 1.68B |
Operating Cash Flow | 2.36B | 1.04B | 1.34B | 613.00M | 185.00M | 1.86B |
Investing Cash Flow | -1.36B | -491.00M | -307.00M | -287.00M | -294.00M | -1.14B |
Financing Cash Flow | -694.00M | -397.00M | -1.01B | -525.00M | -294.00M | 111.00M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
81 Outperform | C$13.53B | 15.36 | 12.54% | 3.34% | -7.31% | 28.65% | |
67 Neutral | ¥712.08B | 10.85 | 7.42% | 3.39% | 7.79% | 16.17% | |
$54.76B | 16.63 | 10.17% | 3.97% | ― | ― | ||
$37.26B | 16.70 | 13.18% | 3.89% | ― | ― | ||
76 Outperform | C$55.70B | 25.20 | 12.95% | 1.71% | 4.73% | 44.14% | |
74 Outperform | C$34.18B | 12.80 | 11.92% | 6.28% | 7.63% | 8.84% | |
73 Outperform | C$48.07B | 12.57 | 14.65% | 6.53% | 17.48% | 25.54% |
iA Financial Corporation Inc. has successfully completed a $400 million offering of 6.435% Non-Cumulative 5-Year Rate Reset Class A Preferred Shares Series C. The shares, rated ‘Pfd-2’ by Morningstar DBRS and ‘BBB+/P-2(High)’ by S&P Global Ratings, were sold to institutional investors through a syndicate led by RBC Capital Markets, National Bank Financial Markets, and TD Securities. This offering, under the company’s short form base shelf prospectus, enhances iA Financial’s capital base, potentially strengthening its market position and providing more resources for strategic growth.
The most recent analyst rating on (TSE:IAG) stock is a Buy with a C$150.00 price target. To see the full list of analyst forecasts on iA Financial Corporation Inc stock, see the TSE:IAG Stock Forecast page.
iA Financial Corporation Inc. has announced a $400 million offering of Non-Cumulative 5-Year Rate Reset Class A Preferred Shares Series C, aimed at institutional investors. The proceeds from this offering are intended for general corporate purposes, potentially including investments in subsidiaries and debt repayment, which could enhance the company’s financial flexibility and strategic positioning.
The most recent analyst rating on (TSE:IAG) stock is a Buy with a C$150.00 price target. To see the full list of analyst forecasts on iA Financial Corporation Inc stock, see the TSE:IAG Stock Forecast page.
iA Financial Group reported strong financial results for the first quarter of 2025, with core earnings per share increasing by 19% year-over-year and a robust solvency ratio of 132%. The company attributes its continued profitability and growth to strong sales momentum across its business units in Canada and the U.S., supported by a solid capital position and flexible balance sheet. This performance underscores the strength of iA Financial Group’s diversified business model and positions the company well to achieve its new financial targets.
iA Financial Corporation Inc. has announced a quarterly dividend of $0.9000 per common share for the quarter ending March 31, 2025, payable on June 16, 2025, to shareholders of record by May 23, 2025. This announcement underscores the company’s ongoing commitment to returning value to its shareholders and may impact investor relations positively by encouraging participation in its Dividend Reinvestment and Share Purchase Plan.
iA Financial Group has issued a warning to its investors regarding an unsolicited mini-tender offer from Ocehan LLC, which aims to purchase a small percentage of iA Financial’s common shares at a price significantly below the current market value. The offer, which is priced at $93.30 per share, represents a nearly 30% discount to the closing price on the Toronto Stock Exchange as of May 6, 2025. iA Financial Group is not affiliated with Ocehan and advises shareholders to be cautious, review the offer documents thoroughly, and consult with their investment advisors. The company highlights the risks associated with mini-tender offers, which often bypass standard regulatory requirements, potentially leading investors to make uninformed decisions.