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iA Financial Group Presents New Market Guidance Ahead of Investor Event
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iA Financial Group Presents New Market Guidance Ahead of Investor Event
Feb 24, 2025 6:28 AM

08:59 AM EST, 02/24/2025 (MT Newswires) -- iA Financial Group (IAG.TO) on Monday presented "new ambitious" market guidance ahead of an investor event that will give an update on growth strategy, with a particular focus on U.S. business operations and key objectives for its Canadian units.

The new market guidance is: Core earnings per common share of 10%+ medium-term annual average growth; Core return on common shareholder's equity of 17%+ in 2027; Organic capital generation of $650+ million in 2025; and a Core dividend payout ratio of 25-35%.

Denis Ricard, president and CEO, in a statement said. "The event emphasizes our robust growth track record and highlights the vast potential for expansion across both Canada and the United States."

IAG fell $2.13, or 1.7%, at $127.12 on Friday.

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