iA Financial Corporation Inc
IAG
ISIN null / Valor 45683256
iA Financial Corporation Inc
UMushroom community rating:
About company
iA Financial Corporation Inc, established in 1892, is a prominent Canadian entity in the insurance and wealth management sectors, with a significant presence in both Canada and the United States. As a publicly traded company on the Toronto Stock Exchange under the ticker symbol IAG, it has demonstrated substantial growth since its listing in 2000. The company offers a diverse range of financial products and services, including life and health insurance, savings and retirement plans, mutual and segregated funds, securities, auto and home insurance, and other financial advisory services. iA Financial Corporation Inc is recognized for its comprehensive approach to financial security, catering to both individual and group clients, and is a key player in the North American financial services industry.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (25.09.2025):
In the fourth quarter of 2023, iA Financial Corporation Inc reported robust financial performance with significant increases in earnings and assets under management, alongside a 7% increase in its common dividend.
Core Performance
iA Financial Corporation Inc achieved a core diluted earnings per share (EPS) of $2.34 and a trailing twelve-month core return on equity (ROE) of 14.4%, aligning with the company's medium-term target of over 15%.
Earnings Growth
The company reported a diluted EPS of $2.46 for Q4 2023, compared to $1.71 in Q4 2022, marking a 44% increase. The trailing twelve-month ROE was 11.6% on a reported basis.
Dividend Increase
iA Financial Corporation Inc announced a 7% increase in its common dividend to $0.8200 per share, payable in Q1 2024.
Business Growth
The company experienced strong business growth with an 11% year-over-year increase in assets under management and administration (AUM and AUA) and an 8% year-over-year increase in premiums and deposits.
Capital Position
iA Financial maintained a robust solvency ratio of 145%, with organic capital generation of $160 million in Q4 and $1.6 billion of deployable capital as of December 31, 2023.
Book Value
The book value per common share reached $66.90 at the end of 2023, reflecting an 8% increase over the previous 12 months, excluding the impact of share buybacks.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
10309 M
Market cap (USD)
187,713
Daily traded volume (Shares)
133.93 / 132.13
1 day high/low (USD)
52 weeks high/low (USD)
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EPS (USD)
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Ratings & reviews
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