Overview
Canada trust services firm's 2025 revenue fell 4% due to decreased trust income
Net earnings and comprehensive income for 2025 decreased 17% to C$19.86 mln
Service revenue rose 5% to C$50 mln due to account growth
Outlook
Olympia Financial Group did not provide specific guidance for future quarters or full year
Result Drivers
TRUST INCOME DECLINE - Revenue decreased due to lower trust income, impacted by reduced interest rates on trust fund placements
SERVICE REVENUE GROWTH - Service revenue increased due to account growth within the IAS division
EXPENSE INCREASES - Total expenses rose due to computer system upgrades and higher legal fees, partially offset by lower wage costs
Company press release: ID:nNFC60bP27
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
C$98.86 mln
FY Basic EPS
C$8.25
FY Service Revenue
C$50 mln
Analyst Coverage
The one available analyst rating on the shares is "buy"
Wall Street's median 12-month price target for Olympia Financial Group Inc is C$166.83, about 37.8% above its February 27 closing price of C$121.10
The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 14 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@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.)