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iA Financial Corporation Inc. (T:IAG)

Business Focus: Investment Management & Fund Operators

Sector:  Financials Industry:  Investment Management & Fund Operators
See Regulatory Filings on SEDAR
Company Contact
Address: 1080 Grande Allee W
Tel: N/A
Website: N/A
Key People
Business Overview
iA Financial Corporation Inc. is a Canada-based company, which offers a range of life and health insurance products, savings and retirement plans, mutual funds, securities, auto and home insurance, mortgage loans, and other financial products and services. The Company's segments include Individual Insurance, which includes life, health, disability and mortgage insurance products; Individual Wealth Management, which includes individual products and services for savings plans, retirement funds and segregated funds, as well as securities brokerage, trust operations and mutual funds; Group Insurance, which includes life, health, accidental death and dismemberment, creditor insurance, replacement warranties and extended warranties, and specialized products for special markets solutions; Group Savings and Retirement, which includes retirement funds and segregated funds; US Operations, and iA Auto and Home Insurance.
Financial Overview
For the three months ended 31 March 2020, iA Financial Corporation Inc revenues increased 17% to C$3.58B. Net income applicable to common stockholders decreased 73% to C$41M. Revenues reflect Individual Wealth Management segment increase of 62% to C$1.78B, Us Operation segment increase of 22% to C$224M. Net income was offset by Change in fair value of investments decrease from C$1.84B (income) to C$1.3B (expense).
Employees: 6,800 as of Dec 31, 2018
Reporting Currency: Canadian Dollars
Enterprise value: $4,527M as of Mar 31, 2020
Annual revenue (TTM): $12,360M as of Mar 31, 2020
EBITDA (TTM): $873.00M as of Mar 31, 2020
Net annual income (TTM): $577.00M as of Mar 31, 2020
Free cash flow (TTM): $1,427M as of Mar 31, 2020
Net Debt Last Fiscal Year: N/A
Shares outstanding: 107,008,827 as of Apr 22, 2020
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization