Canada's E-L Financial Q3 net income rises 15%

E-L Financial

10/11/2025 22:10

Overview

E-L Financial Q3 net income rises to C$570 mln from C$497 mln in 2024

E-L Corporate Q3 net income increases due to higher investment gains

Empire Life Q3 net income declines due to less favorable investment results

Outlook

Company did not provide specific guidance for future quarters or full-year

Result Drivers

INVESTMENT GAINS - E-L Corporate's Q3 net income rose due to a net gain on investments of $581 mln compared to $325 mln in 2024

INTEREST RATE IMPACT - Empire Life's Q3 net investment and finance result was positively impacted by interest rate movements

LESS FAVORABLE INVESTMENT RESULTS - Empire Life's Q3 net income declined due to less favorable net investment and insurance finance results compared to 2024

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Income
C$570 mln


Press Release: ID:nCNWQY8YYa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)