07:43 AM EDT, 09/24/2025 (MT Newswires) -- AGF Management (AGF-B.TO) Tuesday reported higher third-quarter adjusted net income which beat estimates.

Adjusted net income increased to $31.2 million, or $0.46 per adjusted diluted share, from $24.5 million, or $0.37 per adjusted diluted share, for the prior year period. The result beat the consensus analyst estimate of $0.45 per adjusted diluted share, according to FactSet.

Total adjusted net revenue rose to $107.5 million, from $99.8 million, over the same period.

The company said total assets under management and fee-earning assets also increased to $56.8 billion, from $49.7 billion last year.

AGF will pay a regular quarterly dividend of $0.125 per share on Oct. 16.

"We experienced a strong quarter, with net sales outpacing the industry, supported by solid investment performance," said Judy Goldring, chief executive officer.

"These results reflect the health of our business and the strength of our strategy, which emphasizes diversification across asset classes and client channels positioning us to successfully navigate evolving market conditions and investor preferences."