iA Financial Corporation Inc. (IAFNF) Income Statement Analysis

See more : AECOM (0H9N.L) Income Statement Analysis – Financial Results

Complete financial analysis of iA Financial Corporation Inc. (IAFNF) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of iA Financial Corporation Inc., a leading company in the Insurance – Diversified industry within the Financial Services sector.

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iA Financial Corporation Inc. (IAFNF)

Industry: Insurance - Diversified

Sector: Financial Services

Website: https://www.ia.ca

About iA Financial Corporation Inc.

iA Financial Corporation Inc., through its subsidiary, Industrial Alliance Insurance and Financial Services Inc., provides various life and health insurance products in Canada and the United States. The company operates through Individual Insurance, Individual Wealth Management, Group Insurance, Group Savings and Retirement, US Operations, and Other segments. It offers life, health, disability, and mortgage insurance products, as well as individual products and services for savings plans, securities brokerage, trust operations, and mutual funds. The company also provides group insurance products and services, including accidental death and dismemberment, dental care, short and long-term disability insurance, products for employee plans; creditor and replacement insurance, replacement warranties, extended warranties, and other products for dealer services; and specialized products. In addition, the company offers group products and services for savings plans, retirement, and segregated funds. Further, the company provides auto and home insurance products, as well as offers asset management and financing services. The company was founded in 1892 and is headquartered in Québec, Canada.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998
Revenue	7.93B	6.55B	15.51B	17.70B	15.31B	9.94B	11.30B	9.36B	8.24B	9.68B	6.02B	7.48B	8.04B	6.77B	5.82B	4.47B	4.97B	4.94B	4.03B	3.70B	3.35B	2.88B	2.71B	2.93B	2.82B	598.50M
Cost of Revenue	4.70B	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Gross Profit	3.23B	6.55B	15.51B	17.70B	15.31B	9.94B	11.30B	9.36B	8.24B	9.68B	6.02B	7.48B	8.04B	6.77B	5.82B	4.47B	4.97B	4.94B	4.03B	3.70B	3.35B	2.88B	2.71B	2.93B	2.82B	598.50M
Gross Profit Ratio	40.75%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	0.00	1.74B	1.53B	1.36B	1.23B	1.15B	968.00M	882.00M	840.00M	782.00M	714.00M	632.00M	718.00M	519.00M	463.00M	420.00M	334.00M	314.00M	273.10M	257.80M	237.40M	226.60M	212.00M	205.40M	0.00	0.00
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	947.00M	661.00M	528.00M	545.00M	519.00M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	0.00	1.74B	1.53B	1.36B	1.23B	1.15B	968.00M	882.00M	840.00M	782.00M	714.00M	632.00M	1.67B	1.18B	991.00M	965.00M	334.00M	314.00M	273.10M	257.80M	237.40M	226.60M	212.00M	205.40M	189.90M	145.60M
Other Expenses	9.95B	-7.26B	-18.23B	-20.29B	-17.53B	-12.19B	-13.17B	-10.90B	-9.96B	-11.25B	-7.30B	-8.71B	-9.68B	-7.60B	-6.52B	-5.34B	-4.94B	-5.27B	-4.28B	-3.87B	-3.49B	-3.06B	-2.86B	-3.09B	-4.97B	-674.40M
Operating Expenses	9.95B	-5.52B	-16.70B	-18.92B	-16.30B	-11.04B	-12.21B	-10.02B	-9.12B	-10.47B	-6.59B	-8.07B	-8.01B	-6.42B	-5.53B	-4.38B	-4.60B	-4.95B	-4.00B	-3.61B	-3.25B	-2.83B	-2.64B	-2.88B	-4.78B	-528.80M
Cost & Expenses	14.65B	5.59B	14.39B	16.94B	14.42B	9.12B	10.62B	8.67B	7.82B	9.25B	5.53B	7.02B	7.90B	6.42B	5.53B	4.37B	4.66B	4.64B	3.84B	3.46B	3.14B	2.74B	2.55B	2.79B	2.70B	145.60M
Interest Income	0.00	1.68B	1.39B	1.22B	1.13B	1.13B	989.00M	915.00M	887.00M	774.00M	695.00M	622.00M	561.00M	0.00	0.00	4.00M	419.00M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	58.00M	67.00M	68.00M	69.00M	55.00M	55.00M	55.00M	56.00M	46.00M	35.00M	38.00M	42.00M	32.00M	103.00M	120.00M	62.00M	3.00M	17.80M	17.00M	16.30M	17.20M	14.10M	18.10M	23.10M	0.00	0.00
Depreciation & Amortization	291.00M	417.00M	199.00M	163.00M	126.00M	92.00M	68.00M	53.00M	68.00M	65.00M	56.00M	57.00M	58.00M	57.00M	56.00M	51.00M	31.00M	-380.40M	-332.50M	-225.80M	-209.80M	-106.80M	0.00	0.00	0.00	0.00
EBITDA	-322.00M	817.00M	1.39B	994.00M	-1.80B	-1.80B	-1.53B	-1.29B	535.00M	535.00M	-1.04B	368.00M	223.00M	436.00M	340.00M	89.00M	399.00M	-62.40M	-121.50M	27.40M	19.10M	50.90M	68.30M	45.00M	-1.96B	69.70M
EBITDA Ratio	-4.06%	23.31%	-4.96%	-5.31%	-5.11%	-9.32%	-6.95%	-5.82%	-9.90%	-7.46%	-8.48%	-7.24%	1.03%	5.97%	5.85%	1.99%	8.03%	-8.01%	-7.59%	-3.69%	-3.28%	-2.03%	2.52%	1.54%	-69.37%	11.65%
Operating Income	7.93B	1.02B	-1.18B	-1.23B	-992.00M	-1.10B	-907.00M	-656.00M	-884.00M	-787.00M	-567.00M	-598.00M	25.00M	347.00M	284.00M	89.00M	368.00M	-15.30M	26.60M	89.40M	99.80M	48.30M	68.30M	45.00M	-1.96B	69.70M
Operating Income Ratio	100.00%	15.63%	-7.63%	-6.93%	-6.48%	-11.06%	-8.03%	-7.01%	-10.73%	-8.13%	-9.41%	-8.00%	0.31%	5.13%	4.88%	1.99%	7.40%	-0.31%	0.66%	2.42%	2.98%	1.68%	2.52%	1.54%	-69.37%	11.65%
Total Other Income/Expenses	-6.93B	-6.33B	-12.54B	-15.22B	3.76B	3.67B	3.07B	2.85B	1.31B	1.22B	2.12B	1.06B	134.00M	1.00M	-1.00M	3.00M	-56.00M	314.90M	167.40M	147.50M	107.70M	95.30M	93.60M	91.00M	2.08B	0.00
Income Before Tax	1.00B	956.00M	1.12B	762.00M	887.00M	819.00M	683.00M	694.00M	421.00M	435.00M	491.00M	457.00M	134.00M	348.00M	283.00M	92.00M	312.00M	299.60M	194.00M	236.90M	207.50M	143.60M	165.30M	136.00M	123.50M	0.00
Income Before Tax Ratio	12.63%	14.60%	7.21%	4.31%	5.80%	8.24%	6.05%	7.41%	5.11%	4.49%	8.15%	6.11%	1.67%	5.14%	4.87%	2.06%	6.28%	6.07%	4.81%	6.41%	6.19%	4.98%	6.09%	4.65%	4.38%	0.00%
Income Tax Expense	212.00M	156.00M	259.00M	130.00M	188.00M	181.00M	150.00M	146.00M	39.00M	35.00M	103.00M	112.00M	-7.00M	73.00M	64.00M	17.00M	63.00M	68.30M	59.40M	77.70M	67.20M	36.80M	55.30M	32.30M	37.30M	-69.70M
Net Income	789.00M	817.00M	859.00M	632.00M	687.00M	613.00M	515.00M	537.00M	364.00M	400.00M	350.00M	304.00M	103.00M	253.00M	206.00M	66.00M	241.00M	223.00M	132.20M	155.10M	136.90M	91.30M	101.20M	95.40M	83.40M	69.70M
Net Income Ratio	9.95%	12.48%	5.54%	3.57%	4.49%	6.17%	4.56%	5.73%	4.42%	4.13%	5.81%	4.07%	1.28%	3.74%	3.54%	1.48%	4.85%	4.52%	3.28%	4.20%	4.08%	3.17%	3.73%	3.26%	2.96%	11.65%
EPS	7.29	7.71	7.76	5.71	6.42	5.62	4.84	5.22	3.59	4.01	3.60	3.35	1.20	3.04	2.56	0.82	3.02	2.77	1.66	1.96	1.76	1.29	1.38	1.30	1.11	0.93
EPS Diluted	7.47	7.64	7.69	5.71	6.42	5.57	4.81	5.19	3.57	3.97	3.57	3.22	1.18	2.93	2.55	0.82	2.99	2.74	1.65	1.95	1.74	1.29	1.38	1.30	1.11	0.93
Weighted Avg Shares Out	105.48M	106.00M	107.00M	107.00M	107.00M	109.00M	106.00M	102.80M	101.40M	99.90M	97.20M	90.60M	85.90M	83.13M	80.33M	80.23M	80.12M	80.51M	79.64M	79.13M	77.78M	75.80M	75.56M	75.75M	75.14M	75.14M
Weighted Avg Shares Out (Dil)	103.00M	107.00M	108.00M	107.00M	107.00M	110.00M	107.00M	103.00M	102.00M	100.80M	97.90M	96.20M	92.50M	88.34M	80.71M	80.97M	81.11M	81.39M	80.12M	79.54M	78.90M	75.80M	75.56M	75.75M	75.14M	75.14M

RBC Capital Cuts iA Financial Price Target By ~10%

May 13, 2022benzinga.com

iA Financial Corporation Inc (TSX: IAG) (OTC: IAFNF) price target has been reduced to C$86 from C$96 by RBC Capital analyst Darko Mihelic to account for higher risk in the current environment. The analyst maintained the Outperform rating on the shares.

Mawer Canadian Equity Fund's Top 5 Trades in 2nd Half of 2021

March 23, 2022gurufocus.com

The Mawer Canadian Equity Fund (Trades, Portfolio), part of Canada-based Mawer Funds, disclosed this week that its top-five trades during the second half of 2021 included a new position in Converge Technology Solutions Corp. ( TSX:CTS , Financial), boosts to...