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Industrial Alliance Reports Excellent First Quarter Results

Quebec City,

News Release

Year-over-year increase in EPS of 25% and favourable impact of new capital regime

Q1-2018 Highlights

  • Reported EPS of $1.29 (+25% YoY)
  • Core EPS1 of $1.32 (+26% YoY)
  • AUM/AUA of $169.7B (+30% YoY)
  • Three acquisitions since January 2018
  • Book value per share of $45.05 (+8% YoY)
  • Solvency ratio of 121% under new capital regime
  • Dividend to common shareholders of $0.38 per share

For the first quarter ended March 31, 2018, Industrial Alliance Insurance and Financial Services Inc. (TSX: IAG) reports net income attributed to common shareholders of $139.2 million, diluted earnings per common share (EPS) of $1.29 and return on shareholders’ equity (ROE) for the last twelve months of 11.6%. Earnings guidance for the first quarter was $1.15 to $1.25 per share.

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