IGM Financial (TSE:IGM)
TSX:IGM
Earnings Data
Report Date
May 07, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
1.18Last Year’s EPS
1Same Quarter Last Year
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlighted broad-based growth across wealth and asset management businesses with multiple record metrics (record annual and quarterly EPS, record AUM figures, record net sales at Mackenzie, strong flows and client acquisition at IG Wealth, and significant value realization from the Rockefeller transaction). Management is returning capital to shareholders (NCIB, dividend increase) and has a healthy balance sheet (unallocated capital of ~CAD 1 billion, leverage 1.37x). Notable challenges include some variability and short-term earnings pressure at Mackenzie and from seed/investment items, temporary variability in Rockefeller earnings due to incentive accounting, ongoing fee/mix pressure and somewhat higher near-term expense growth driven by strategic investments and regulatory projects. Overall the positive operational momentum, strong capital allocation actions, and validation of strategic investments outweigh the manageable near-term lowlights.Company Guidance
Record Annual and Quarterly Adjusted EPS
Fiscal 2025 adjusted EPS rose 17% year-over-year to a record $4.61; Q4 adjusted EPS was a record $1.27, up 21% year-over-year.
Strong Consolidated Earnings and Asset Growth
Consolidated 2025 adjusted net earnings increased 16% year-over-year, with Q4 up 21%; look-through aggregate client assets at the IGM level grew 17% year-over-year.
IG Wealth Momentum — AUM, Flows and Client Acquisition
IG Wealth quarter-end AUM&A reached a record $159 billion (up 13% year-over-year). Q4 gross inflows were $4.8 billion and sales $4.5 billion (Q4 records). New client inflows were $1.6 billion (up ~19% vs Q4 2024) and total net inflows in the quarter were $694 million.
Strategic Investments Driving Value (Rockefeller & Wealthsimple)
Rockefeller client assets grew 31% year-over-year; IGM realized pretax proceeds of $394 million from a partial sale, now holds a 17.2% interest valued at CAD 1.16 billion. Wealthsimple grew AUA 74% year-over-year and reached 3.2 million clients (up 24% YoY).
Capital Returns and Balance Sheet Strength
Returned $263 million to shareholders in Q4 (including $130 million in share repurchases). Launched NCIB for up to 5% of outstanding shares and Board approved a 10% increase in the quarterly dividend to $0.62. Unallocated capital increased by approximately $1 billion following the Rockefeller transaction and leverage ended the year at 1.37x.
Mackenzie Asset and Sales Momentum
Mackenzie ended Q4 with record assets of $244 billion (up 2% for the quarter). Q4 net sales were $1.5 billion and full-year 2025 investment fund net sales reached an all-time high of $6.7 billion. January 2026 marked the firm's second-best January for net sales in 25 years.
Success at ChinaAMC and Northleaf
ChinaAMC AUM exceeded RMB 3 trillion, up 22% year-over-year, with long-term funds market share improving to 6.7%. Northleaf raised $5.8 billion in 2025, including $1.5 billion in Q4 — the best fundraising year since the partnership began.
Expense Discipline and Guidance
2025 expense growth was 4.2%, in line with guidance; management expects 4% expense growth in 2026 (with certain reclassifications at Mackenzie reducing apparent Ops & Support growth).
TSE:IGM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:IGM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 12, 2026 | C$60.95 | C$66.08 | +8.42% |
Nov 06, 2025 | C$53.02 | C$53.23 | +0.39% |
Aug 06, 2025 | C$45.44 | C$46.12 | +1.51% |
May 08, 2025 | C$42.87 | C$42.29 | -1.35% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does IGM Financial (TSE:IGM) report earnings?
IGM Financial (TSE:IGM) is schdueled to report earning on May 07, 2026, TBA (Confirmed).
What is IGM Financial (TSE:IGM) earnings time?
IGM Financial (TSE:IGM) earnings time is at May 07, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:IGM EPS forecast?
TSE:IGM EPS forecast for the fiscal quarter 2026 (Q1) is 1.18.