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iA Financial Corporation Inc

Financial Services CA IAG

133.72CAD
0.01(0.0075%)

Last update at 2024-12-03T15:36:00Z

Day Range

133.42135.13
LowHigh

52 Week Range

79.59134.29
LowHigh

Fundamentals

  • Previous Close 133.71
  • Market Cap12041.47M
  • Volume96917
  • P/E Ratio12.98
  • Dividend Yield2.81%
  • EBITDA1562.00M
  • Revenue TTM9044.00M
  • Revenue Per Share TTM92.76
  • Gross Profit TTM 3311.00M
  • Diluted EPS TTM9.88

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 956.00M 1118.00M 762.00M 887.00M 819.00M
Minority interest - - 525.00M 525.00M 525.00M
Net income 800.00M 859.00M 632.00M 699.00M 638.00M
Selling general administrative 1741.00M 1530.00M 1364.00M 1230.00M 1147.00M
Selling and marketing expenses - - - - -
Gross profit 6546.00M 15511.00M 17697.00M 15305.00M 9939.00M
Reconciled depreciation 503.00M 415.00M 287.00M 210.00M 173.00M
Ebit 1023.00M 1186.00M 831.00M 942.00M 874.00M
Ebitda 1526.00M 1601.00M 1118.00M 1152.00M 1047.00M
Depreciation and amortization 503.00M 415.00M 287.00M 210.00M 173.00M
Non operating income net other - - - - -
Operating income 1023.00M 1186.00M 831.00M 942.00M 1877.00M
Other operating expenses 5590.00M 14393.00M 16935.00M 14418.00M 9120.00M
Interest expense 67.00M 68.00M 69.00M 55.00M 55.00M
Tax provision 156.00M 259.00M 130.00M 188.00M 181.00M
Interest income 8843.00M 1495.00M 1219.00M 3219.00M 1058.00M
Net interest income -97.00000M -77.00000M -73.00000M -59.00000M -63.00000M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 156.00M 259.00M 130.00M 188.00M 181.00M
Total revenue 6546.00M 15511.00M 17697.00M 15305.00M 9939.00M
Total operating expenses 5590.00M 14396.00M 16935.00M 262.00M 244.00M
Cost of revenue - - - 12709.00M 7578.00M
Total other income expense net -67.00000M -68.00000M -69.00000M -55.00000M 1918.00M
Discontinued operations - - - - -
Net income from continuing ops 800.00M 859.00M 632.00M 699.00M 638.00M
Net income applicable to common shares 817.00M 830.00M 611.00M 687.00M 613.00M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 91534.00M 87425.00M 94659.00M 86466.00M 73148.00M
Intangible assets 1847.00M 1784.00M 1708.00M 1621.00M 1110.00M
Earning assets - - - - -
Other current assets 3486.00M 4317.00M 4054.00M 3938.00M 2033.00M
Total liab 84496.00M 80285.00M 87414.00M 79953.00M 67018.00M
Total stockholder equity 7038.00M 7140.00M 7245.00M 6513.00M 6130.00M
Deferred long term liab - 732.00M 598.00M 441.00M 160.00M
Other current liab -3493.00000M -1878.00000M -1962.00000M -1520.00000M -1151.00000M
Common stock 1603.00M 1675.00M 1706.00M 1674.00M 1666.00M
Capital stock 1978.00M 2200.00M 2231.00M 2199.00M 2191.00M
Retained earnings 5060.00M 5331.00M 4963.00M 4170.00M 3823.00M
Other liab - 68839.00M 77323.00M 70751.00M 59675.00M
Good will 1318.00M 1318.00M 1267.00M 1224.00M 606.00M
Other assets - 49401.00M 51164.00M 44253.00M 37703.00M
Cash 840.00M 1358.00M 1546.00M 1949.00M 801.00M
Cash and equivalents - - - - -
Total current liabilities -2112.00000M 1878.00M 1962.00M 1520.00M 1151.00M
Current deferred revenue - - - - -
Net debt 1038.00M 708.00M 100.00M -284.00000M 460.00M
Short term debt - 0.00000M 0.00000M 0.00000M 307.00M
Short long term debt - - - - 209.00M
Short long term debt total 1878.00M 2066.00M 1646.00M 1665.00M 1261.00M
Other stockholder equity 17.00M 23.00M 65.00M 122.00M 120.00M
Property plant equipment - 337.00M 369.00M 390.00M 394.00M
Total current assets 3486.00M 3265.00M 3352.00M 3593.00M 2496.00M
Long term investments 34009.00M 31320.00M 36799.00M 35948.00M 31268.00M
Net tangible assets - 3513.00M 3745.00M 3143.00M 3889.00M
Short term investments 539.00M 7307.00M 52957.00M 52980.00M 307.00M
Net receivables 1560.00M 1907.00M 1806.00M 1644.00M 1388.00M
Long term debt 1761.00M 1503.00M 1451.00M 1524.00M 652.00M
Inventory -2939.00000M - - - -
Accounts payable 1381.00M 1878.00M 1962.00M 1520.00M 1151.00M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income -17.00000M -414.00000M -14.00000M 83.00M 56.00M
Additional paid in capital - - - - -
Common stock total equity - - - 1674.00M 1666.00M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 82334.00M -34759.00000M -40143.00000M -38620.00000M -32949.00000M
Deferred long term asset charges - - - - -
Non current assets total 88048.00M 34759.00M 40143.00M 38620.00M 32949.00M
Capital lease obligations 107.00M 110.00M 123.00M 141.00M 137.00M
Long term debt total - 1593.00M 1553.00M 1665.00M 652.00M
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Investments -317.00000M -287.00000M -294.00000M -1140.00000M -156.00000M
Change to liabilities - 0.00000M 0.00000M 0.00000M 0.00000M
Total cashflows from investing activities - -287.00000M -294.00000M -1140.00000M -156.00000M
Net borrowings - 29.00M -22.00000M 379.00M 133.00M
Total cash from financing activities -953.00000M -525.00000M -294.00000M 111.00M -198.00000M
Change to operating activities - -6488.00000M -182.00000M 5007.00M 4712.00M
Net income 789.00M 956.00M 1118.00M 762.00M 887.00M
Change in cash 20.00M -188.00000M -403.00000M 841.00M 62.00M
Begin period cash flow 820.00M 1546.00M 1949.00M 1108.00M 1046.00M
End period cash flow 840.00M 1358.00M 1546.00M 1949.00M 1108.00M
Total cash from operating activities 4189.00M 613.00M 185.00M 1860.00M 418.00M
Issuance of capital stock 15.00M 262.00M 28.00M 7.00M 45.00M
Depreciation 470.00M 503.00M 415.00M 287.00M 210.00M
Other cashflows from investing activities - 0.00000M -46.00000M -963.00000M -6.00000M
Dividends paid 328.00M 304.00M 246.00M 230.00M 210.00M
Change to inventory - - - - -
Change to account receivables - - - - -
Sale purchase of stock -612.00000M -713.00000M -8.00000M -4.00000M -139.00000M
Other cashflows from financing activities -23.00000M 250.00M -46.00000M 357.00M 371.00M
Change to netincome - 5756.00M -900.00000M -4067.00000M -5213.00000M
Capital expenditures 279.00M 287.00M 248.00M 177.00M 150.00M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital 2394.00M -6488.00000M -182.00000M 5007.00M 4712.00M
Stock based compensation - - 24.00M 10.00M 21.00M
Other non cash items 536.00M 5642.00M -1166.00000M -4196.00000M -5391.00000M
Free cash flow 3910.00M 326.00M -63.00000M 1683.00M 268.00M

Peer Comparison

Sector: Financial Services Industry: Insurance - Diversified

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x)
IAG
iA Financial Corporation Inc
0.01 0.0075% 133.72 12.98 10.64 1.33 1.79 0.70
SLF
Sun Life Financial Inc.
-0.44 0.51% 86.30 13.56 11.04 1.47 1.88 0.96
BNT
Brookfield Wealth Solutions Ltd.
-0.32 0.37% 86.07 - - - -

Reports Covered

Stock Research & News

Profile

iA Financial Corporation Inc., provides insurance and wealth management services in Canada and the United States. The company operates through Insurance, Canada; Wealth Management; Investment; and US Operations segments. The company provides health, auto, home, and creditor insurance products; replacement insurance products and warranties; extended warranties and other ancillary products for dealer services; specialized products for special markets; and life insurance products and extended warranties relating to dealer services. It also offers savings plans, retirement funds and segregated funds, securities brokerage services, trust operations, and mutual funds. In addition, the company provides car, life, RV, mortgage, disability, travel, medical and paramedical care, vision and dental care, accidental death and dismemberment, transit, and critical illness insurance products. Further, it offers investments; registered retirement income and life income funds, and annuities; registered education savings plans; investment funds; wealth management solutions; and registered retirement and education savings plan, auto, and investment loans. Additionally, the company owns and manages real estate portfolio of commercial space for lease for offices, businesses, etc.; and manufactures and distributes automobile protection products, as well as provides vehicle warranty and related software and services; digital property and casualty insurance distribution services; life insurance and mutual fund brokerage services; and automobile warranty services. iA Financial Corporation Inc. was founded in 1892 and is headquartered in Quebec City, Canada.

iA Financial Corporation Inc

1080 Grande AllEe West, Quebec City, QC, Canada, G1K 7M3

Key Executives

Name Title Year Born
Mr. Denis Yves Ricard B.Sc., F.S.A., FCIA, FSA CEO, Pres & Director 1962
Mr. Jacques Potvin B.Sc., F.S.A., FCIA, FSA Exec. VP, CFO & Chief Actuary NA
Mr. Alain Bergeron B.B.A., C.F.A., CFA, CMT, M.Sc. Exec. VP & Chief Investment Officer NA
Mr. Michael Lee Stickney B.S., C.F.A., F.S.A., FCIA, FSA, M.B.A., MBA Exec. VP & Chief Growth Officer NA
Mr. Pierre C. Miron Exec. VP & Chief Transformation Officer 1958
Lyne Pelchat C.A., CPA, CPA, CA Vice-Pres of Accounting & Taxation NA
Ms. Manon Gauthier CPA, CA, CFA Sr. Vice-Pres of Admin., Individual Savings & Retirement NA
Ms. Marie-Annick Bonneau Head of Investor Relations NA
Pierre Picard Mang. of PR NA
Ms. Lilia Sham B.Sc., F.S.A., M.Sc., MAAA Exec. VP of Corp. Strategy & Devel. NA

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