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iA Financial Group Reports a Third Consecutive Quarter of Strong Results in 2018

Favourable policyholder experience continues to drive earnings growth

Quebec City,

News Release

Q3/2018 Highlights

  • Reported EPS of $1.50 (+11% YoY)
  • Core EPS1 of $1.46 (+8% YoY)
  • Favourable policyholder experience of $0.07 EPS ($0.38 EPS year to date)
  • Solvency ratio of 120% (target of 112-116%)
  • Announcement of share buyback program

For the third quarter ended September 30, 2018, iA Financial Group (TSX: IAG) reports net income attributed to common shareholders of $164.9 million, diluted earnings per common share (EPS) of $1.50 and return on shareholders’ equity (ROE)1 for the last twelve months of 12.2%. Earnings guidance for the third quarter was $1.40 to $1.50 per share.

See the whole press release