IGM Financial Q3 adjusted EPS beats estimates driven by wealth management strength

Igm Financial

06/11/2025 22:35

Overview

IGM Q3 adjusted EPS beats analyst expectations, driven by strong core business performance

Record high assets under management at C$302.6 bln, up 14.2% yr/yr

Fair value of investments in Wealthsimple and Rockefeller increased by C$680 mln and C$750 mln

Outlook

Company did not provide specific guidance for future revenue or EPS in the statement

Result Drivers

STRONG CORE PERFORMANCE - Record high adjusted net earnings driven by strong performance at IG Wealth Management and Mackenzie Investments, per CEO James O'Sullivan

RECORD NET INFLOWS - Net inflows of C$2.4 bln compared to net outflows of C$272 mln in Q3 2024

INVESTMENT VALUE INCREASE - Fair value of investments in Wealthsimple and Rockefeller increased by C$680 mln and C$750 mln, respectively

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Adjusted EPS
Beat
C$1.27
C$1.12 (5 Analysts)
Q3 EPS
C$1.26
Q3 Net Income
C$298.10 mln
Q3 Assets Under Management
C$302.60 bln
Q3 Dividend
C$0.56


Press Release: ID:nCNWbl2qCa

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(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.)