The earnings call highlighted strong financial performance with record high EPS, significant valuation growth in Wealthsimple, and robust performance in wealth management and asset management sectors. Despite some challenges due to market volatility and a softer strategic advisory business at Rockefeller, the overall outlook remains positive with strategic investments poised to contribute to future earnings.

Company Guidance

During the second quarter of fiscal year 2025, IGM Financial achieved a record-high adjusted EPS of $1.07, marking a 15% year-over-year increase, driven by strong performance across its wealth and asset management businesses. This success was further highlighted by IGM's record high last four quarters adjusted EPS of $4.15. The company's assets under management and advisement (AUM&A) grew by 21% over the past 12 months, reaching $146.7 billion for IG Wealth and $224.6 billion for Mackenzie Investments, which were up 13% and 11% year-over-year, respectively. Wealthsimple's fair value increased by 21% to $1.5 billion, and the strategic investments contributed to the company's growth, with Northleaf's earnings up 76% from the previous year. Despite the April volatility, the company's diversified investment portfolios rebounded, supporting investor confidence. IGM also continued its capital return to shareholders, repurchasing 2.6 million shares year-to-date and maintaining a strong dividend, while aiming for a total repurchase of 5 million shares in 2025.

Record High Adjusted EPS

The second quarter's adjusted EPS of $1.07 was a record high for the quarter, and the last four quarters' adjusted EPS of $4.15 is also a record high.

Significant Growth in Wealthsimple Valuation

Wealthsimple's fair value increased by 21% to $1.5 billion, driven by strong performance and business growth.

Strong Performance in Wealth Management

IG Wealth ended the quarter with a record AUM&A of $146.7 billion, up 13% year-over-year, and achieved record high gross inflows from new clients.

Mackenzie Investments' Retail Channel Recovery

Mackenzie reported its best Q2 investment fund net sales since 2021, with a $900 million improvement from the previous year, driven by retail.

ChinaAMC's Strong Market Performance

ChinaAMC's investment funds are up 34% from last year due to strong net sales and market share gains.

Northleaf Capital Growth

Northleaf reported strong fundraising of $1.7 billion in the quarter and $5.2 billion over the last year, with substantial contributions from non-Canadian investors.

IGM Financial (TSE:IGM) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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TSE:IGM Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 30, 2025	2025 (Q3)	1.12 / -	1.03	―	―	―
Aug 06, 2025	2025 (Q2)	1.00 / 1.07	0.93	15.05% (+0.14)
May 08, 2025	2025 (Q1)	1.03 / 1.00	0.94	6.38% (+0.06)
Feb 06, 2025	2024 (Q4)	1.05 / 1.05	0.84	25.00% (+0.21)
Nov 07, 2024	2024 (Q3)	1.00 / 1.03	0.88	17.05% (+0.15)
Aug 07, 2024	2024 (Q2)	0.93 / 0.93	0.86	8.14% (+0.07)
May 02, 2024	2024 (Q1)	0.89 / 0.94	0.87	8.05% (+0.07)
Feb 15, 2024	2023 (Q4)	0.87 / 0.84	0.94	-10.64% (-0.10)
Nov 01, 2023	2023 (Q3)	0.88 / 0.88	0.91	-3.30% (-0.03)
Aug 02, 2023	2023 (Q2)	0.86 / 0.86	0.87	-1.15% (-0.01)

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
Aug 06, 2025	C$46.36	C$47.06	+1.51%
May 08, 2025	C$43.74	C$43.15	-1.35%
Feb 06, 2025	C$43.52	C$43.27	-0.58%
Nov 07, 2024	C$41.74	C$42.72	+2.35%

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 Oct 30, 2025, TBA (Confirmed).

What is IGM Financial (TSE:IGM) earnings time?

IGM Financial (TSE:IGM) earnings time is at Oct 30, 2025, 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 2025 (Q3) is 1.12.

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