iA Financial Corporation Inc.

iA Financial Corporation Inc.

IAFNF
iA Financial Corporation Inc.US flagOther OTC
142.31
USD
- -
- -
12.70BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
61.97
96.9
81.25
90.91
106.58
91.18
143.04
165.28
125.21
-33.02
85.38
82.58
93.15
111.33
Basic EPS, GAAP
3.63
4.06
3.59
5.16
4.88
5.66
6.33
5.7
7.82
2.92
7.54
9.81
11.32
11.69
Free Cash Flow per Basic Share
-2.01
0.79
4.63
-1.83
4.92
1.97
2.5
15.73
1.73
5.78
13.16
10.84
25.15
19.19
Dividend per Share
1.06
0.94
0.89
1.42
1.58
1.78
1.96
2.15
2.3
2.87
3.22
3.62
4.34
4.79
Book Value per Share
31.13
34.33
37.18
41.34
44.05
47.83
51.62
55.93
62.13
63.01
69.38
79.9
85.75
80.57
Tangible Book Value per Share
23.1
26.1
27.84
32.18
31.84
32.13
35.82
29.36
34.47
33.41
37.61
42.94
41.3
34.16
Basic Weighted Avg Shares
97
100
101
103
106
109
107
107
107
106
102
96
93
91
Sales/Revenue/Turnover
6,023
9,680
8,239
9,364
11,298
9,939
15,305
17,685
13,398
-3,500
8,709
7,928
8,663
10,159
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
56
65
99
111
122
173
210
287
415
256
291
320
358
393
Net Income, GAAP
388
435
382
548
533
638
699
632
859
334
789
962
1,096
1,123
Effective Tax Rate (%)
20.98
- -
9.26
21.04
21.96
22.1
21.2
17.06
23.17
4.3
21.18
21.72
17.47
24.12
Profit Margin (%)
6.44
4.49
4.64
5.85
4.72
6.42
4.57
3.57
6.41
-9.54
9.06
12.13
12.65
11.05
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
537
634
868
995
996
901
1,261
1,665
1,450
2,066
1,868
2,086
1,643
1,994
Total Equity
3,668
3,935
4,184
4,765
5,078
5,718
6,130
6,513
7,207
7,127
7,038
7,467
8,266
8,121
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
10.19
10.71
8.81
10.95
9.73
10.73
10.6
8.85
10.83
4.29
9.22
10.94
11.85
11.97
Return on Common Equity (%)
12.54
12.39
10.02
12.95
11.37
12.47
12.54
10.52
13.21
4.65
11.38
13.1
13.74
15.05

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
1,504
1,497
1,994
LT Finance Leases
139
- -
- -
Preferred Equity and Hybrid Capital
400
400
1,000
Shares Outstanding
92
90
88
Market Capitalization
16,417
13,932
17,116

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
2,262
2,208
2,378
Accounts Receivable, Net
2,336
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
1,949
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.16%
5.02%
10.7%
Free Cash Flow
34.02%
72.7%
124.69%
Net Income, GAAP
20.73%
29.38%
13.93%
Sales/Revenue/Turnover
-40.71%
-99.78%
9.27%
Total Cash Common Dividend
18.93%
11.84%
10.06%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,406
1,812
4,420
-142
7,928
2025
2,720
1,721
3,389
347
8,663
2026
2,484
3,939
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2.35
2.12
3.01
- -
9.81
2025
2
3.45
3.91
1.98
11.32
2026
1.51
4.31
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.83
0.92
0.89
- -
3.62
2025
1.03
0.99
1.11
1.23
4.34
2026
1.12
1.34
- -
- -
- -

Company Description

CEO
Denis Ricard
Full Time Employees
10,347
Sector
Financial Services
Industry
Insurance - Diversified
Address
1080 Grande Allée West Quebec City QC Canada G1K 7M3
IPO Date
Jan 14, 2020
Website
ia.ca
Business
iA Financial Corporation Inc. is a Canadian-based company primarily engaged in the provision of life and health insurance products and wealth management services. The company's core offerings include individual and group insurance policies such as life, health, disability, critical illness, and dental insurance; investment funds and asset management services; brokerage services; retirement and savings plans; and financial planning advisory services. iA Financial operates through various subsidiaries, including industrial alliance insurance and financial services Inc., with a broad customer base across Canada and select international markets. Founded in 1892, the company is headquartered in Quebec City, Quebec. Recent major developments at iA Financial Corporation include strategic expansions and product innovations within its insurance and wealth management segments. The company has pursued growth through acquisitions to enhance its market presence and diversify its offerings. In the last one to two years, iA Financial has launched new insurance products tailored to evolving customer needs and expanded its digital capabilities to improve client experience. Additionally, it has cemented partnerships aimed at boosting distribution channels and optimizing operational efficiency. These strategic moves position iA Financial Corporation to leverage technology and broaden its footprint in the competitive North American financial services landscape. Operating in the financial services industry, iA Financial Corporation targets individual consumers, businesses, and institutional clients requiring comprehensive insurance and wealth solutions. Its business segments encompass insurance underwriting, asset management, retirement planning, and brokerage services. With a long-standing history, a diversified product portfolio covering life insurance to investment management, and a strategic focus on innovation and expansion, iA Financial Corporation stands as a significant player in Canada’s insurance and wealth management sector.

Company News

  • Denis Ricard, President and Chief Executive Officer of iA Financial Group, to Speak at the Scotiabank Financials Summit

  • iA Financial Q2 Earnings Call Highlights

  • iA Financial Group Announces the Issuance of a Redemption Notice to Holders of 3.072% Subordinated Debentures due September 24, 2031

  • iA Financial Corporation Inc. Announces the Payment of a Dividend on Its Common Shares

  • iA Financial Group Reports Second Quarter Results

  • iA Financial Group Announces the Release Date of Its 2026 Second Quarter Earnings Results

  • iA Financial Group Announces the Closing of Offering of $500 million of 4.158% Fixed/Floating Unsecured Subordinated Debentures

  • iA Financial Group Announces Offering of $500 million of 4.158% Fixed/Floating Unsecured Subordinated Debentures

  • iA Financial Group Announces Sébastien Mc Mahon's Expanded Role as Chief Economist

  • iA Financial Group Cautions Investors Regarding Ocehan LLC “Mini-Tender” Offer at a Significant Discount to Market Price

  • iA Financial Group Announces Annual Meeting Voting Results

  • iA Financial Group and Immostar Announce the Breaking of Ground on the Alo Ste-Foy Project: 309 New Housing Units in the Heart of Quebec City's Main Transportation Hub

  • iA Financial Corporation Inc. (IAG:CA) Q1 2026 Earnings Call Transcript

  • iA Financial Group Announces Executive Committee Changes to Support its Strong Growth in North America

  • iA Financial Group Announces an Increase to its Normal Course Issuer Bid

  • iA Financial Corporation Inc. Announces an 11% Increase in the Dividend on Its Common Shares and the Payment of a Dividend on Its Preferred Shares

  • iA Financial Group Reports First Quarter Results and an 11% Common Dividend Increase

  • iA Financial Group Forms Strategic Partnership with PINQ² and Algolab to Pioneer Quantum Computing in the Canadian Insurance Industry

  • iA Financial Group Announces Date of 2026 First Quarter Earnings Results and Annual Meeting

  • iA Financial Group Cautions Investors Regarding Ocehan LLC “Mini-Tender” Offer at a Significant Discount to Market Price