RFA Financial Inc.

RFA Financial Inc.

RFA.TO
RFA Financial Inc.CA flagToronto Stock Exchange
27.33
CAD
+0.12
- -
1.26BMarket 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
11.36
11.33
11.68
11.37
10.29
10.05
10.99
10.11
9.71
9.48
9.05
8.58
7.37
7.01
Basic EPS, GAAP
4.34
4.08
-4.23
2.02
4.3
2.68
2.17
0.09
8.61
-0.54
-9.3
-1.72
-5.17
-6.45
Free Cash Flow per Basic Share
4.81
4.61
4.79
5.2
4.17
4.18
4.18
3.88
4.62
3.58
2.15
2.28
2.05
2.2
Dividend per Share
3.57
3.65
3.65
3.69
3.68
3.55
2.06
2.15
2.27
4.47
2.51
2.98
2.58
2.09
Book Value per Share
40.15
51.94
43.65
43.1
42.49
41.21
41.45
40.65
45.22
42.71
30.99
25.38
17.52
23.76
Tangible Book Value per Share
52.9
54.39
48.88
47.65
45.42
46.28
45.84
44.98
50.18
51.47
41.1
40.12
33.24
34
Basic Weighted Avg Shares
41
44
46
48
50
51
47
45
43
39
37
35
33
37
Sales/Revenue/Turnover
463
501
536
549
516
513
522
459
419
373
336
300
240
261
Operating Margin (%)
61.97
60.45
59.91
58.78
57.61
56.52
56.63
56.02
53.7
54.31
52.71
40.88
-12.41
-12.82
Depreciation Expense
1
1
1
1
1
1
1
1
1
1
1
1
2
2
Net Income, GAAP
191
198
-176
116
234
159
123
22
389
-5
-332
-47
-156
-229
Effective Tax Rate (%)
- -
- -
- -
0.59
- -
0.33
1.46
3.29
0.33
158.43
- -
- -
- -
- -
Profit Margin (%)
41.25
39.53
-32.81
21.11
45.4
30.93
23.53
4.69
92.77
-1.42
-98.88
-15.79
-64.78
-87.98
Working Capital
-291
-415
-614
-815
-720
-270
-397
-704
-614
-945
-325
-324
-160
113
LT Debt
2,188
2,258
2,112
1,839
1,689
2,245
2,141
1,646
1,164
963
1,042
631
606
704
Total Equity
2,484
2,729
2,568
2,627
2,605
2,738
2,471
2,334
2,455
2,229
1,716
1,581
1,254
1,448
Return on Invested Capital (%)
6.2
5.85
- -
5.96
- -
5.39
5.38
4.99
4.9
-2.66
- -
- -
- -
- -
Return on Capital (%)
6.73
6.31
- -
4.33
- -
4.98
4.39
2.14
10.44
-1.35
- -
- -
- -
- -
Return on Common Equity (%)
10.06
9.16
-9.04
4.77
10.25
6.45
5.05
0.22
19.58
-1.16
-24.4
-5.93
-23.06
-27.59

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
445
378
401
LT Borrowings
661
606
681
LT Finance Leases
- -
- -
23
Preferred Equity and Hybrid Capital
173
171
- -
Shares Outstanding
32
32
47
Market Capitalization
225
287
875

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
394
292
836
Cash, Cash Equivalents & STI
27
26
211
Accounts Receivable, Net
4
4
12
Inventories
310
248
452
Total Current Liabilities
522
451
723
Payables & Accruals
58
43
134
ST Debt
445
378
401
Deferred Revenue
20
18
24

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-6.43%
-11.11%
-20.65%
Free Cash Flow
-9.43%
-15.15%
-16.18%
Net Income, GAAP
771.91%
1,584.05%
228.3%
Sales/Revenue/Turnover
-7.46%
-12.04%
-20%
Total Cash Common Dividend
0.03%
8.28%
-21.83%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
80
85
66
69
300
2025
62
59
60
59
240
2026
83
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.29
-0.07
-0.43
- -
-1.72
2025
0.25
-0.81
-1.14
- -
-5.17
2026
-1.36
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.55
0.72
0.54
- -
2.98
2025
0.55
0.55
0.55
- -
2.58
2026
0.25
- -
- -
- -
- -

Company Description

APIChatGPT
CEO
Benjamin Rodney
Full Time Employees
25
Sector
Financial Services
Industry
Financial - Credit Services
Address
Suite 600 - 220 Portage Avenue Toronto ON Canada R3C 0A5
IPO Date
Sep 17, 2007
Business
I will prepare a professional company description based on the latest publicly available information about RFA Financial Inc. (RFA.TO). I will synthesize core products, services, and recent corporate changes, with emphasis on accuracy and completeness. I will cite sources inline after sentences that rely on external data.RFA Financial Inc. operates as a Canadian diversified financial services company focused on mortgage origination, mortgage servicing, and related banking activities, with expanded capabilities in specialty lending and asset disposition and management. The company offers core products and services including residential mortgage lending (prime and alternative loan programs, originations, underwriting, and servicing), commercial real estate lending (financing for income-producing properties and construction projects), banking and deposit services (retail and corporate deposit products, cash management), securitization and structured finance funding channels, and related advisory and asset management services for borrowers, investors, and financial partners. RFA leverages its subsidiary network, notably RFA Mortgage Corporation and affiliated entities, to deliver mortgage origination, portfolio management, and securitization solutions across its Canadian market footprint, supported by institutional capital and deposit-based funding models. The organization maintains operations across multiple Canadian provinces, with headquarters in Canada and an emphasis on broad national market reach. Founding year and headquarters: founded in 2004; headquarters located in Ontario, Canada. The company’s geographic operations concentrate in Canada, with a national footprint that includes Ontario, British Columbia, Alberta, and Quebec, and ongoing interactions with Canadian institutional investors and capital markets for funding and liquidity. Latest major changes include notable management and branding updates in 2025–2026, including executive appointments and corporate name/ticker transitions to enhance visibility in U.S. markets; concurrent updates to governance and strategy reflecting an intensified asset disposition program and expansion of real estate and lending operations; and initiation of strategic partnerships and collaborations to broaden access to capital and diversify funding sources. In early 2026, RFA Financial announces management changes and leadership appointments, alongside discussions around strategic repositioning and enhanced market access through cross-border mechanisms. The company also discloses progress on asset sales and an active pipeline of development land and property transactions as part of its portfolio optimization plan. Industry and business segments: diversified financial services; mortgage finance and specialty lending; banking and deposits; asset management and securitization; real estate investment and development asset disposition. Target markets and customers include residential borrowers (including non-prime segments), commercial real estate clients, institutional investors, and depositors seeking diversified financial products. Subsidiaries and corporate relationships include RFA Mortgage Corporation and related affiliates that execute lending, servicing, and funding activities, with parent company oversight guiding strategy and capital allocation.