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iA Financial Group Reports Fourth Quarter and 2018 Results
Strong delivery on objectives for the quarter and the full year
Quebec,
News Release
Q4/2018 Highlights
- Reported EPS of $1.36 (+10% YoY)
- Core EPS1 of $1.39 (+9% YoY)
- Solvency ratio of 126% (up from 119%2 in Q3)
- Year-end assumption review neutral to earnings
- Share buybacks initiated in November 2018
- Creation of holding company effective January 1, 2019
For the fourth quarter ended December 31, 2018, iA Financial Group (TSX: IAG) reports net income attributed to common shareholders of $149.5 million, diluted earnings per common share (EPS) of $1.36 and return on shareholders’ equity (ROE)1 for the last twelve months of 12.5%.