iA Financial Corporation Inc.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|---|
| Total Revenue | 347.0M | 3.4B | 1.7B | 2.7B | -142.0M | 4.4B | -- |
| Operating Revenue | 347.0M | 3.4B | 1.7B | 2.7B | -142.0M | 4.4B | -- |
| Other Operating Expenses | 828.0M | 640.0M | 163.0M | 639.0M | 688.0M | 587.0M | -- |
| EBIT | 254.0M | 497.0M | 387.0M | 259.0M | 278.0M | 407.0M | -- |
| Interest Expense | 17.0M | 17.0M | 17.0M | 18.0M | 9.0M | 18.0M | -- |
| Interest Expense Non Operating | 17.0M | 17.0M | 17.0M | 18.0M | 9.0M | 18.0M | -- |
| Interest Income | -446.0M | 548.0M | 546.0M | 568.0M | -765.0M | 544.0M | -- |
| Net Interest Income | -17.0M | -17.0M | -17.0M | -18.0M | -15.0M | -18.0M | -- |
| Other Income Expense | 637.0M | 520.0M | 21.0M | 509.0M | 493.0M | 461.0M | -- |
| Pretax Income | 237.0M | 480.0M | 370.0M | 241.0M | 269.0M | 389.0M | -- |
| Tax Provision | 36.0M | 107.0M | 43.0M | 46.0M | 43.0M | 101.0M | -- |
| Tax Effect Of Unusual Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -- |
| Net Income From Continuing And Discontinued Operation | 201.0M | 373.0M | 327.0M | 195.0M | 226.0M | 288.0M | -- |
| Net Income From Continuing Operation Net Minority Interest | 201.0M | 373.0M | 327.0M | 195.0M | 226.0M | 288.0M | -- |
| Net Income Including Noncontrolling Interests | 201.0M | 373.0M | 327.0M | 195.0M | 226.0M | 288.0M | -- |
| Net Income Common Stockholders | 182.0M | 364.0M | 321.0M | 186.0M | 220.0M | 283.0M | -- |
| Net Income | 201.0M | 373.0M | 327.0M | 195.0M | 226.0M | 288.0M | -- |
| Reconciled Depreciation | 95.0M | 89.0M | 88.0M | 86.0M | 85.0M | 84.0M | -- |
| Basic EPS | -- | 3.93 | 3.45 | 1.99 | -- | 3.00 | 2.13 |
| Diluted EPS | -- | 3.91 | 3.43 | 1.98 | -- | 2.99 | 2.12 |
| Basic Average Shares | -- | 93.0M | 93.0M | 93.0M | -- | 94.0M | 97.0M |
| Diluted Average Shares | -- | 93.0M | 94.0M | 94.0M | -- | 95.0M | 97.0M |
| Tax Rate For Calcs | 0.15 | 0.22 | 0.12 | 0.19 | 0.16 | 0.26 | -- |
| Normalized Income | 201.0M | 373.0M | 327.0M | 195.0M | 226.0M | 288.0M | -- |
| Diluted NI Availto Com Stockholders | 182.0M | 364.0M | 321.0M | 186.0M | 220.0M | 283.0M | -- |
| Loss Adjustment Expense | -1.9B | 2.3B | 1.2B | 1.8B | -1.9B | 3.4B | -- |
| Net Income Continuous Operations | 201.0M | 373.0M | 327.0M | 195.0M | 226.0M | 288.0M | -- |
| Net Non Operating Interest Income Expense | -17.0M | -17.0M | -17.0M | -18.0M | -15.0M | -18.0M | -- |
| Net Policyholder Benefits And Claims | -1.9B | 2.3B | 1.2B | 1.8B | -1.9B | 3.4B | -- |
| Policyholder Benefits Ceded | 1.2B | 50.0M | 9.0M | 50.0M | 1.2B | 79.0M | -- |
| Policyholder Benefits Gross | -693.0M | 2.3B | 1.2B | 1.9B | -665.0M | 3.5B | -- |
| Preferred Stock Dividends | 19.0M | 9.0M | 6.0M | 9.0M | 6.0M | 5.0M | -- |
| Total Expenses | 110.0M | 2.9B | 1.4B | 2.5B | -411.0M | 4.0B | -- |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|---|
| Cash And Cash Equivalents | 2.3B | 2.3B | 2.2B | 1.8B | 1.6B | 2.1B | -- |
| Cash Cash Equivalents And Short Term Investments | 2.3B | 2.3B | 2.2B | 1.8B | 1.6B | 2.1B | -- |
| Accounts Receivable | 2.3B | -- | -- | -- | 1.6B | -- | -- |
| Receivables | 3.0B | -- | -- | -- | 2.0B | -- | -- |
| Prepaid Assets | 141.0M | -- | -- | -- | 137.0M | -- | -- |
| Net PPE | 333.0M | 260.0M | 288.0M | 323.0M | 317.0M | 315.0M | -- |
| Goodwill | 1.8B | 1.5B | 1.5B | 1.5B | 1.5B | 1.4B | -- |
| Goodwill And Other Intangible Assets | 4.1B | 3.5B | 3.4B | 3.5B | 3.5B | 3.4B | -- |
| Other Intangible Assets | 2.3B | 2.0B | 1.9B | 2.0B | 2.0B | 1.9B | -- |
| Investments And Advances | 37.6B | 38.3B | 37.3B | 37.8B | 37.9B | 36.1B | -- |
| Total Assets | 122.8B | 119.9B | 114.5B | 111.7B | 109.9B | 105.7B | -- |
| Accounts Payable | 1.5B | -- | -- | -- | 1.4B | -- | -- |
| Payables | 1.9B | -- | -- | -- | 1.4B | -- | -- |
| Payables And Accrued Expenses | 1.9B | -- | -- | -- | 1.4B | -- | -- |
| Long Term Debt | 1.5B | 1.5B | 1.5B | 1.5B | 2.0B | 1.5B | -- |
| Long Term Debt And Capital Lease Obligation | 1.6B | 1.5B | 1.5B | 1.5B | 2.1B | 1.5B | -- |
| Long Term Capital Lease Obligation | 139.0M | -- | -- | -- | 101.0M | -- | -- |
| Total Liabilities Net Minority Interest | 114.5B | 111.6B | 106.4B | 104.1B | 102.4B | 98.4B | -- |
| Common Stock | 1.5B | 1.5B | 1.5B | 1.5B | 1.5B | 1.5B | -- |
| Capital Stock | 1.9B | 2.5B | 2.5B | 1.5B | 1.5B | 2.1B | -- |
| Additional Paid In Capital | 16.0M | 16.0M | 16.0M | 16.0M | 16.0M | 16.0M | -- |
| Retained Earnings | 5.7B | 5.8B | 5.5B | 5.3B | 5.3B | 5.2B | -- |
| Gains Losses Not Affecting Retained Earnings | 4.0M | 11.0M | -1.0M | 76.0M | 74.0M | 11.0M | -- |
| Other Equity Adjustments | -153.0M | -134.0M | -142.0M | -230.0M | -229.0M | -134.0M | -- |
| Common Stock Equity | 7.9B | 7.3B | 7.1B | 7.6B | 7.5B | 6.7B | -- |
| Stockholders Equity | 8.3B | 8.3B | 8.1B | 7.6B | 7.5B | 7.3B | -- |
| Total Equity Gross Minority Interest | 8.3B | 8.3B | 8.1B | 7.6B | 7.5B | 7.3B | -- |
| Total Capitalization | 9.8B | 9.8B | 9.6B | 9.1B | 9.5B | 8.8B | -- |
| Net Tangible Assets | 4.2B | 4.8B | 4.6B | 4.0B | 4.0B | 4.0B | -- |
| Tangible Book Value | 3.8B | 3.8B | 3.6B | 4.0B | 4.0B | 3.4B | -- |
| Invested Capital | 9.4B | 8.8B | 8.6B | 9.1B | 9.5B | 8.2B | -- |
| Total Debt | 1.6B | 1.5B | 1.5B | 1.5B | 2.1B | 1.5B | -- |
| Net Debt | -- | -- | -- | -- | 419.0M | -- | -- |
| Share Issued | 91.7M | 92.3M | 92.8M | 93.3M | 93.5M | 93.9M | -- |
| Ordinary Shares Number | 91.7M | 92.3M | 92.8M | 93.3M | 93.5M | 93.9M | -- |
| Capital Lease Obligations | 139.0M | -- | -- | -- | 101.0M | -- | -- |
| Defined Pension Benefit | 248.0M | -- | -- | -- | 229.0M | -- | -- |
| Derivative Product Liabilities | 734.0M | 904.0M | 798.0M | 1.0B | 1.1B | 906.0M | -- |
| Employee Benefits | 203.0M | -- | -- | -- | 203.0M | -- | -- |
| Fixed Assets Revaluation Reserve | 3.0M | 25.0M | 3.0M | 3.0M | 3.0M | 25.0M | -- |
| Foreign Currency Translation Adjustments | 154.0M | 120.0M | 138.0M | 303.0M | 300.0M | 120.0M | -- |
| Income Tax Payable | 415.0M | -- | -- | -- | 65.0M | -- | -- |
| Loans Receivable | 2.5B | 2.3B | 2.3B | 2.3B | 2.3B | 3.5B | -- |
| Non Current Deferred Liabilities | 392.0M | 352.0M | 339.0M | 340.0M | 327.0M | 312.0M | -- |
| Non Current Deferred Taxes Liabilities | 392.0M | 352.0M | 339.0M | 340.0M | 327.0M | 312.0M | -- |
| Non Current Pension And Other Postretirement Benefit Plans | 203.0M | -- | -- | -- | 203.0M | -- | -- |
| Other Equity Interest | 600.0M | -- | -- | 600.0M | 600.0M | -- | -- |
| Other Receivables | 277.0M | -- | -- | -- | 232.0M | -- | -- |
| Preferred Shares Number | -- | -- | -- | -- | -- | 600,000 | 5.6M |
| Preferred Stock | 400.0M | 1.0B | 1.0B | -- | 0.00 | 600.0M | 725.0M |
| Preferred Stock Equity | 400.0M | 1.0B | 1.0B | -- | -- | 600.0M | 725.0M |
| Taxes Receivable | 406.0M | -- | -- | -- | 129.0M | -- | -- |
| Total Tax Payable | 415.0M | -- | -- | -- | 65.0M | -- | -- |
| Line Item | Q4 2025Dec 31, 2025 | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 | Q2 2024Jun 30, 2024 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 831.0M | 365.0M | 272.0M | 871.0M | -700.0M | 547.0M | -- |
| Cash Flow From Continuing Operating Activities | 831.0M | 365.0M | 272.0M | 871.0M | -700.0M | 547.0M | -- |
| Depreciation And Amortization | 95.0M | 89.0M | 88.0M | 86.0M | 85.0M | 84.0M | -- |
| Change In Working Capital | 612.0M | 270.0M | 408.0M | 275.0M | 842.0M | 256.0M | -- |
| Change In Other Working Capital | 398.0M | 328.0M | 458.0M | 167.0M | 857.0M | 388.0M | -- |
| Other Non Cash Items | -693.0M | 247.0M | -1.3B | 341.0M | -2.2B | 1.6B | -- |
| Capital Expenditure | -70.0M | -61.0M | -52.0M | -50.0M | -70.0M | -88.0M | -- |
| Purchase Of PPE | -- | -- | -- | -50.0M | -- | -- | -- |
| Net PPE Purchase And Sale | -70.0M | -61.0M | -52.0M | -50.0M | -70.0M | -88.0M | -- |
| Purchase Of Business | -569.0M | 0.00 | 0.00 | -52.0M | 0.00 | 0.00 | -- |
| Investing Cash Flow | -639.0M | -61.0M | -52.0M | -102.0M | -70.0M | -88.0M | -- |
| Cash Flow From Continuing Investing Activities | -639.0M | -61.0M | -52.0M | -102.0M | -70.0M | -88.0M | -- |
| Issuance Of Debt | -- | -- | -- | -- | 398.0M | -345.0M | -- |
| Repayment Of Debt | -7.0M | -5.0M | -5.0M | -405.0M | -5.0M | -5.0M | -- |
| Net Issuance Payments Of Debt | -7.0M | -5.0M | -5.0M | -405.0M | 393.0M | -350.0M | -- |
| Issuance Of Capital Stock | 6.0M | 4.0M | 398.0M | 5.0M | 8.0M | 353.0M | -- |
| Repurchase Of Capital Stock | -115.0M | -77.0M | -73.0M | -29.0M | -84.0M | -248.0M | -- |
| Net Common Stock Issuance | -109.0M | -73.0M | -70.0M | -24.0M | -76.0M | 230.0M | -- |
| Common Stock Dividend Paid | -91.0M | -91.0M | -84.0M | -84.0M | -85.0M | -77.0M | -- |
| Common Stock Payments | -115.0M | -77.0M | -73.0M | -29.0M | -84.0M | -123.0M | -- |
| Financing Cash Flow | -251.0M | -193.0M | 208.0M | -542.0M | 212.0M | -346.0M | -- |
| Cash Flow From Continuing Financing Activities | -251.0M | -193.0M | 208.0M | -542.0M | 212.0M | -346.0M | -- |
| Effect Of Exchange Rate Changes | -3.0M | 6.0M | -15.0M | 1.0M | 27.0M | -6.0M | -- |
| Changes In Cash | -59.0M | 111.0M | 428.0M | 227.0M | -558.0M | 113.0M | -- |
| Beginning Cash Position | 2.3B | 2.2B | 1.8B | 1.6B | 2.1B | 2.0B | -- |
| End Cash Position | 2.3B | 2.3B | 2.2B | 1.8B | 1.6B | 2.1B | -- |
| Free Cash Flow | 761.0M | 304.0M | 220.0M | 821.0M | -770.0M | 459.0M | -- |
| Cash Dividends Paid | -113.0M | -103.0M | -92.0M | -96.0M | -93.0M | -84.0M | -- |
| Common Stock Issuance | 6.0M | 4.0M | 3.0M | 5.0M | 8.0M | 353.0M | -- |
| Depreciation | 95.0M | -- | -- | 86.0M | 85.0M | -- | -- |
| Interest Paid Cff | -22.0M | -12.0M | -20.0M | -17.0M | -12.0M | -17.0M | -- |
| Long Term Debt Issuance | -- | -- | -- | -- | 398.0M | -345.0M | -- |
| Long Term Debt Payments | -7.0M | -5.0M | -5.0M | -405.0M | -5.0M | -5.0M | -- |
| Net Business Purchase And Sale | -569.0M | 0.00 | 0.00 | -52.0M | 0.00 | 0.00 | -- |
| Net Income From Continuing Operations | 237.0M | 480.0M | 370.0M | 241.0M | 269.0M | 389.0M | -- |
| Net Long Term Debt Issuance | -7.0M | -5.0M | -5.0M | -405.0M | 393.0M | -350.0M | -- |
| Net Preferred Stock Issuance | 0.00 | 0.00 | -- | -- | 0.00 | -125.0M | 0.00 |
| Preferred Stock Dividend Paid | -22.0M | -12.0M | -8.0M | -12.0M | -8.0M | -7.0M | -- |
| Preferred Stock Issuance | 0.00 | 0.00 | -- | -- | -- | 0.00 | -- |
| Preferred Stock Payments | 0.00 | -- | -- | -- | 0.00 | -125.0M | 0.00 |
| Taxes Refund Paid | -102.0M | -227.0M | 28.0M | -170.0M | -94.0M | -137.0M | -- |
| Unrealized Gain Loss On Investment Securities | 665.0M | -511.0M | 623.0M | 80.0M | 389.0M | -1.6B | -- |