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Earnings

Sagen MI Canada Inc. Reports Fourth Quarter 2025 Results and Declares Preferred Share Dividend

By The Northwire Desk — AI Analysis Jan 29, 2026 · 17:01 MIC · 23.2 None
MIC · Price

Executive Summary

  • Sagen MI Canada Inc. reported Q4 2025 net income of $162 million, a marginal decline of $0.6 million year‑over‑year.
  • The Board declared a preferred share dividend of $0.3375 per Class A preferred share, Series 1, payable March 31 2026 to shareholders of record on March 13 2026.
  • Net income was impacted by lower investment income and higher insurance finance expense, partially offset by stronger insurance service results.

Key Details

  • Quarterly Net Income: $162 million for Q4 2025 (down $0.6 million vs. Q4 2024).
  • Drivers of Change:
  • Lower investment income.
  • Higher insurance finance expense.
  • Higher insurance service results offsetting the above impacts.
  • Preferred Dividend Declaration: $0.3375 per Class A preferred share, Series 1; payable March 31 2026; record date March 13 2026.
  • Dividend Designation: Declared as “eligible dividends” for Canadian tax purposes unless otherwise indicated for future payments.
  • Financial Position (as of Dec 31 2025): $6.9 billion total assets; $2.8 billion shareholders’ equity (provided in the boilerplate “About” section).

Notable Quotes

(No direct quotes were included in the release.)

Read the original news release →

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