iA Financial Corporation Inc.

iA Financial Corporation Inc. Earnings Recaps

IAG.TO Financials 2 recaps
Next earnings: November 9, 2026 (estimated) · full calendar
Q2 2026 Aug 7, 2026

Shares rose modestly by 2.7% following the quarter, reflecting steady execution and diversification but no clear catalyst to drive a stronger market reaction.

Key takeaways
  • Core EPS came in at $3.68, up 5% year-over-year; reported EPS rose 25% to $4.28.
  • Net premiums, premium equivalents, and deposits increased 25% to $6.3 billion, supported by strong distribution platforms.
  • Wealth Management sustained growth with gross sales reaching $4.3 billion and net inflows of $934 million; individual segregated fund gross sales surged 52%.
  • Insurance Canada showed resilience with stable sales in individual insurance ($102 million) and 5% growth in direct written premium for auto and home insurance.
  • Capital position remained solid with solvency ratio at 137% and $1.1 billion of capital available; $347 million returned to shareholders via share buybacks.
Q3 2025 Nov 7, 2025

iA Financial Group reported strong Q3 2025 results with core EPS rising 18% year-over-year to $3.47, driven by robust sales and the successful acquisition of RF Capital Group.

Key takeaways
  • Core ROE reached 17.2%, surpassing the 2027 target of 17%.
  • Total premiums and deposits grew by 6% year-over-year, with assets under management up 15%.
  • The acquisition of RF Capital is expected to strategically enhance iA's market position despite a pro forma solvency ratio adjustment to 135%.
  • Individual insurance sales remained robust with net premiums increasing by 11%, and Dealer Services sales grew by 9%.
  • U.S. individual insurance sales saw a significant 15% rise, outperforming Canadian sales for the quarter.