Northwire Canada EditionFriday, July 17, 2026
Sign inSubscribe
Northwire
⌕
EAU 0.085 +0.0% MCM 0.310 +0.0% BAT 0.100 +5.3% SFR 0.370 +68.2% FFU 0.125 +4.2% TVI 0.045 −10.0% ZNX 0.080 +0.0% TSK 1.06 +0.9% OMM 0.050 +0.0% EMO 0.320 −7.2% GGA 5.95 +12.3% MDM 0.060 +0.0% WGX 4.29 −3.2% FL 0.410 +0.0% SSRM 35.84 −1.4% CD 0.240 +4.3% EAU 0.085 +0.0% MCM 0.310 +0.0% BAT 0.100 +5.3% SFR 0.370 +68.2% FFU 0.125 +4.2% TVI 0.045 −10.0% ZNX 0.080 +0.0% TSK 1.06 +0.9% OMM 0.050 +0.0% EMO 0.320 −7.2% GGA 5.95 +12.3% MDM 0.060 +0.0% WGX 4.29 −3.2% FL 0.410 +0.0% SSRM 35.84 −1.4% CD 0.240 +4.3%
Earnings

IGM FINANCIAL REPORTS THIRD QUARTER EARNINGS

By The Northwire Desk — AI Analysis Nov 06, 2025 · 17:02 IGM · 53.5 IGM FINANCIAL INC.
IGM · Price

Executive Summary

  • IGM Financial reported record Q3 2025 adjusted net earnings of $301.2 M (up 23.4% YoY) and net earnings of $298.1 M (up 24.6% YoY).
  • Adjusted EPS reached an all‑time high of $1.27, while basic/diluted EPS was $1.26.
  • Assets under management & advisement (AUM&A) hit a new peak of $302.6 B (up 14.2% YoY); including strategic investments, AUM&A rose to $562.4 B (up 21.8%).
  • Net client inflows were $2.4 B, reversing the prior‑year outflow of $272 M. The Board declared a dividend of $0.5625 per share payable Jan 30 2026.

Key Details

  • Financial Highlights (Three months ended Sep 30, 2025)
  • Net earnings: $298.1 M vs. $239.2 M in Q3 2024 (+24.6%).
  • Adjusted net earnings: $301.2 M vs. $244.1 M (+23.4%).
  • Adjusted EPS: $1.27 vs. $1.03 (+23.3%).

  • Net earnings per share (basic/diluted): $1.26 vs. $1.01 (+24.8%).

  • Assets & Flows

  • Consolidated AUM&A: $302.6 B (up 14.2% YoY).
  • AUM&A including strategic investments: $562.4 B (up 21.8%).

  • Net client inflows: $2.4 B (vs. outflows of $272 M in Q3 2024).

  • Wealth Management Segment

  • Adjusted net earnings to common shareholders: $158.2 M (+26.7% YoY), representing 52.5% of total adjusted earnings.
  • Assets under advisement (incl. strategic investments): $235.3 B (+8.5% QoQ, +22.6% YoY).

  • Gross client inflows: $3.8 B (+10.2% YoY).

  • Asset Management Segment

  • Adjusted net earnings to common shareholders: $110.6 M (+21.1% YoY), 36.7% of total adjusted earnings.
  • Total AUM (incl. strategic investments): $421.8 B (+7.2% QoQ, +18.9% YoY).

  • Mackenzie Investments AUM: $239.5 B (record high, +6.6% QoQ).

  • Strategic Investment Fair‑Value Gains

  • Wealthsimple fair‑value increase: $680 M to $2.2 B.

  • Rockefeller Capital Management fair‑value increase: $750 M to $1.58 B (equity‑method investment recorded at $872 M).

  • Dividends

  • Board declared a cash dividend of $0.5625 per share, payable Jan 30 2026 to shareholders of record Dec 30 2025.

  • Conference Call

  • Q3 results webcast scheduled for Nov 7, 2025 at 8:00 a.m. ET (details on igmfinancial.com).

Notable Quotes

“We posted best‑ever adjusted net earnings of $301.2 million, driven by strong performance at our core operating companies… The fair value increases in Wealthsimple and Rockefeller highlight the long‑term growth potential inherent in our portfolio.” – James O’Sullivan, President & CEO

Materiality Assessment: Material – Positive (record earnings, significant AUM growth, dividend declaration).

Read the original news release →

More from IGM FINANCIAL INC.

Jun 17, 2026 · 16:30

IGM's AI Pivot and Cost-Cut Plan Confirm Execution Discipline, But the $95M Charge Demands Close Q2 Scrutiny

Production / Operations Jun 09, 2026 · 12:00

Fund merger reversal halts shelf simplification; AUM momentum remains intact.

M&A / Property Jun 03, 2026 · 20:51

IGM Financial Inc.

Production / Operations Jun 02, 2026 · 08:37

IGM Financial Extends Debt Maturity with $400M Refinancing as Record Q1 Earnings and AUM Momentum Sustain Bullish Trajectory

Financings May 26, 2026 · 18:47

IGM Financial Refinances Debt as AUM Hits Record Highs

Financings May 20, 2026 · 09:00

IGM Financial's Strategic AI Bet Validates Long-Term Growth Narrative Amidst Record AUM Momentum

Other