05:21 PM EST, 02/06/2025 (MT Newswires) -- IGM Financial ( IGIFF ) after trade Thursday said its fourth-quarter profit rose year-over-year.

The company's adjusted net earnings, excluding most one-time items, rose to $250 million, or $1.05 per share, up from $204.9 million, or $0.86, a year ago.

Net earnings for the quarter ended Dec. 31 fell to $254.7 million, or $1.07 per share, from $419.6 million, or $1.76 per share, a year prior.

Assets under management and advisement rose 12.6% to $270.4 billion from $240.2 billion.

The company's board maintained a dividend of 56.25 cents per share, payable on April 30 to shareholders of record on March 31.

The company's shares closed up $0.11 to $44.66 on the Toronto Stock Exchange.