Olympia Financial earns $5.42-million in Q2

Executive Summary

• Olympia Financial Group Inc. reported its operating and financial results for the three months ended June 30, 2025.
• Total net earnings and comprehensive income decreased by 8% to $5.42 million, down from $5.89 million in the same period of 2024.
• Total revenue declined by 3% to $25.56 million, driven by a decrease in trust, interest, and other income, partially offset by growth in service revenue.

Key Details

• Net Earnings: Total net earnings and comprehensive income were $5.42 million, an 8% decrease from $5.89 million in Q2 2024.
• Total Revenue: Decreased 3% to $25.56 million from $26.22 million in Q2 2024.
• Service Revenue: Increased 6% to $12.95 million from $12.16 million, primarily due to increased monthly and transaction fees from account growth in the IAS division.
• Trust, Interest, and Other Income: Decreased 10% to $12.61 million from $14.06 million, mainly attributed to lower interest rates on trust fund placements made over the previous 12 months.
• Total Expenses: Remained consistent at $18.42 million.
• Earnings Per Share (EPS): Basic and diluted EPS attributable to shareholders decreased 8% to $2.25 per share, compared to $2.45 per share in Q2 2024.
• Financial Statements: Unaudited condensed interim financial statements, notes, and management's discussion and analysis are available on SEDAR+.