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iA Financial Corporation Inc. (IAG.TO)

CAD203.21 +0.00 (+0.00%)
CA TSX Financial Services Insurance - Diversified
Address 1080 Grande Allée West G1K 7M3
Québec, QC, CA
CEO Denis Ricard
Website ia.ca
IPO 2000-02-10
ISIN CA45075E1043

Explore sections of this company profile

Also trades on Other OTC · IAFNF (USD) Toronto Stock Exchange · IAF-PB.TO (CAD) Toronto Stock Exchange · IAF-PI.TO (CAD) Toronto Stock Exchange · IAG.TO (CAD)
Description

iA Financial Corporation Inc., provides insurance and wealth management services for individual and group basis in Canada and the United States. It operates through Insurance, Canada; Wealth Management; US Operations; and Investment segments. The company offers life, health, auto, home, and creditor insurance products; replacement insurance products and warranties; extended warranties and other ancillary products for dealer services; and specialized products for special markets; and life insurance products and extended warranties relating to dealer services. It also provides savings plans, retirement, and segregated funds, securities brokerage, trust operations, and mutual funds. In addition, the company offers car, RV, mortgage, disability, travel, medical and paramedical care, homecare, vision and dental care, accidental death and dismemberment, disability management, transit, and critical illness insurance products. Further, the company provides investment funds; registered retirement savings plan (RRSP), tax-free savings account, tax-free first home savings account, individual pension plan, locked-in retirement account, and non-registered savings plan; registered retirement income fund, life income fund, and annuities; registered education savings plans (RESP); and RRSP, RESP, and investment loans. Additionally, it owns and manages real estate portfolio of commercial space for lease for offices, businesses, etc.; manufactures and distributes automobile protection products; provides vehicle warranty and related software and services; digital property and casualty insurance distribution services; life insurance, mutual fund, securities, and cross border securities brokerage services; trust service; auto finance; ancillary automotive products; and automobile warranty services, as well as operates as an independent warranty providers and administrators in the used vehicle market. The company was founded in 1892 and is headquartered in Quebec City, Canada.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CAD203.21 +0.00 (+0.00%)
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Volume Profile
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Liquidity & share structure
Average Volume
334.5K
Beta
0.72
Float Shares
89.94M
Free Float %
99.8%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+1.27% +5.24% +1.31% +1.02% +0.65% -5.42% +23.01% +97.51% +142.19% +300.86% +1,833.33%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
203.21
DCF (Unlevered) 53.58 -73.6%
DCF (Levered) 8.54 -95.8%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 29% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 2 0
Hold 5 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.22
Distress
Piotroski F-Score
8 / 9
Strong
MOAT Score
4 / 10
Developing
Composite Rating
B-
Overall Score
3 / 5
Medium
DCF Score
2 / 5
Medium
ROE Score
4 / 5
High
ROA Score
3 / 5
Medium
D/E Score
3 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
1 / 5
Low
Operational MOAT
✗ Below peers
  • Revenue growth Insurance - Diversified: +15.2%
    +42.7% Q1'26: -8.7% (vs Q1'25)
  • EPS growth Insurance - Diversified: +25.3%
    +15.9% Q1'26: -24.7% (vs Q1'25)
  • FCF margin FCF growth · Insurance - Diversified: +30.2%
    +25.4% Q1'26: +13.1% (vs Q1'25)
  • EBIT margin Insurance - Diversified: +13.5%
    +12.4% Q1'26: +10.6% (vs Q1'25)
  • ROIC Insurance - Diversified: +4.2%
    +12.7% Q1'26: +9.6% (vs Q1'25)
  • Share dilution Insurance - Diversified: +0.0%
    -3.1% Q1'26: -2.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Insurance - Diversified: -0.05×
    1.58× Q1'26: 1.02× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.72) × ERP
WACC = 85% × Ke + 15% × Kd (4.0%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 53.24 Current price: 203.21
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2007
actual
Dec 2009
actual
Dec 2010
actual
Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
4 EPS Ana.
Dec 2027
1 Rev. Ana.
6 EPS Ana.
Revenue
4.97B
est: 5.32B (-6.5%)
5.82B
est: 5.78B (+0.6%)
7.01B
est: 6.86B (+2.1%)
8.04B
est: 7.72B (+4.1%)
7.48B
est: 7.97B (-6.2%)
6.02B
est: 7.12B (-15.4%)
9.68B
est: 8.49B (+14.0%)
8.24B
est: 7.53B (+9.4%)
9.36B
est: 7.64B (+22.5%)
11.30B
est: 10.52B (+7.4%)
9.94B
est: 1.62B (+513.1%)
15.31B
est: 2.00B (+664.9%)
17.69B
est: 2.89B (+512.1%)
13.40B
est: 3.15B (+325.9%)
-3.50B
est: 3.07B (-214.1%)
8.71B
est: 3.37B (+158.8%)
7.93B
est: 16.75B (-52.7%)
11.31B
est: 2.99B (+278.6%)
1.84B
1.84B – 1.84B
-38.5% YoY
600.00M
600.00M – 600.00M
-67.3% YoY
EBITDA
390.00M
est: 292.63M (+33.3%)
459.00M
est: 318.88M (+43.9%)
436.00M
est: 260.03M (+67.7%)
223.00M
est: 349.82M (-36.3%)
548.00M
est: 552.30M (-0.8%)
585.00M
est: 412.55M (+41.8%)
535.00M
est: -467.70M (+214.4%)
566.00M
est: 2.47B (-77.1%)
861.00M
est: 552.98M (+55.7%)
860.00M
est: 1.02B (-15.5%)
1.05B
est: 114.56M (+813.9%)
1.15B
est: 141.42M (+714.6%)
1.12B
est: 238.76M (+368.3%)
1.60B
est: 222.34M (+620.1%)
656.00M
est: 158.72M (+313.3%)
1.35B
est: 237.82M (+467.7%)
1.61B
est: 1.49B (+7.9%)
1.76B
est: 266.10M (+559.5%)
163.60M
163.60M – 163.60M
-38.5% YoY
53.43M
53.43M – 53.43M
-67.3% YoY
EBIT
359.00M
est: 376.39M (-4.6%)
403.00M
est: 410.17M (-1.7%)
384.00M
est: 412.01M (-6.8%)
165.00M
est: 433.05M (-61.9%)
491.00M
est: 477.53M (+2.8%)
529.00M
est: 454.52M (+16.4%)
470.00M
est: 1.71B (-72.5%)
467.00M
est: -1.59B (+129.4%)
750.00M
est: 821.91M (-8.7%)
738.00M
est: 247.26M (+198.5%)
874.00M
est: 99.06M (+782.3%)
942.00M
est: 122.28M (+670.4%)
831.00M
est: 58.01M (+1,332.6%)
1.19B
est: 192.24M (+516.9%)
400.00M
est: 38.56M (+937.3%)
1.06B
est: 205.63M (+415.0%)
1.29B
est: 1.28B (+0.8%)
1.40B
est: 228.30M (+511.9%)
140.36M
140.36M – 140.36M
-38.5% YoY
45.84M
45.84M – 45.84M
-67.3% YoY
Net Income
248.00M
est: 258.00M (-3.9%)
220.00M
est: 281.15M (-21.8%)
276.00M
est: 260.03M (+6.1%)
141.00M
est: 309.32M (-54.4%)
337.00M
est: 285.67M (+18.0%)
388.00M
est: 308.07M (+25.9%)
435.00M
est: 462.92M (-6.0%)
382.00M
est: 411.22M (-7.1%)
548.00M
est: 577.15M (-5.1%)
533.00M
est: 462.45M (+15.3%)
638.00M
est: 529.28M (+20.5%)
699.00M
est: 601.34M (+16.2%)
632.00M
est: 108.49M (+482.5%)
859.00M
est: 807.04M (+6.4%)
334.00M
est: 1.16B (-71.1%)
789.00M
est: 906.24M (-12.9%)
962.00M
est: 1.01B (-5.2%)
1.10B
est: 1.22B (-10.5%)
1.28B
1.27B – 1.30B
+4.7% YoY
1.44B
1.41B – 1.47B
+12.3% YoY
SGA
911.00M
est: 413.25M (+120.4%)
991.00M
est: 450.33M (+120.1%)
1.49B
est: 549.75M (+170.1%)
567.00M
est: 583.78M (-2.9%)
643.00M
est: -478.42M (+234.4%)
714.00M
est: 701.87M (+1.7%)
782.00M
est: 1.04B (-24.9%)
840.00M
est: 896.17M (-6.3%)
882.00M
est: 1.56B (-43.6%)
968.00M
est: 880.18M (+10.0%)
1.15B
est: -99.24M (+1,255.8%)
1.23B
est: -122.50M (+1,104.1%)
1.36B
est: 206.49M (+560.6%)
1.53B
est: -192.60M (+894.4%)
1.74B
est: 137.27M (+1,168.3%)
est: -206.01M (+100.0%)
est: -1.28B (+100.0%)
est: -229.02M (+100.0%)
-140.80M
-140.80M – -140.80M
+38.5% YoY
-45.99M
-45.99M – -45.99M
+67.3% YoY
EPS
3.02
est: 3.06 (-1.3%)
2.56
est: 2.43 (+5.4%)
3.04
est: 2.99 (+1.8%)
1.20
est: 1.20 (+0.3%)
3.35
est: 2.96 (+13.1%)
3.60
est: 3.53 (+2.0%)
4.01
est: 3.79 (+5.7%)
3.59
est: 4.25 (-15.6%)
5.22
est: 4.76 (+9.7%)
4.84
est: 4.86 (-0.5%)
5.85
est: 5.51 (+6.1%)
6.42
est: 6.26 (+2.5%)
5.71
est: 6.48 (-11.9%)
7.76
est: 8.41 (-7.7%)
7.55
est: 8.72 (-13.4%)
7.54
est: 9.44 (-20.1%)
9.81
est: 10.91 (-10.1%)
11.32
est: 13.17 (-14.0%)
13.82
13.60 – 13.97
+4.9% YoY
15.40
15.13 – 15.86
+11.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-07 B- 3/5 2/5 4/5 3/5 3/5 2/5 1/5
2026-05-06 B- 3/5 2/5 4/5 3/5 3/5 2/5 1/5
2026-05-05 B- 3/5 2/5 4/5 3/5 3/5 2/5 1/5
2026-05-04 B- 3/5 2/5 4/5 3/5 3/5 2/5 1/5
2026-05-01 B- 2/5 2/5 4/5 3/5 2/5 2/5 1/5
2026-04-30 B- 2/5 2/5 4/5 3/5 2/5 2/5 1/5
2026-04-29 B 3/5 3/5 4/5 4/5 2/5 2/5 2/5
2026-04-28 B 3/5 3/5 4/5 4/5 2/5 2/5 2/5
2026-04-27 B 3/5 3/5 4/5 4/5 2/5 2/5 2/5
2026-04-24 B 3/5 3/5 4/5 4/5 2/5 2/5 2/5
2026-04-23 B 3/5 3/5 4/5 4/5 2/5 2/5 2/5
2026-04-22 B 3/5 3/5 4/5 4/5 2/5 2/5 2/5
2026-04-21 B 3/5 3/5 4/5 4/5 2/5 2/5 2/5
2026-04-20 B 3/5 3/5 4/5 4/5 2/5 2/5 2/5
2026-04-17 B 3/5 3/5 4/5 4/5 2/5 2/5 2/5
2026-04-16 B 3/5 3/5 4/5 4/5 2/5 2/5 2/5
2026-04-15 B+ 3/5 3/5 4/5 4/5 2/5 3/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
2.82B
OE per share TTM
30.38
Owner's Yield
19.01%
Maintenance CapEx ratio
56.98%
Maint CapEx / Avg PPE
3.5%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
139.3K
Shares Outstanding
90.12M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Denis Yves Ricard FCIA Chief Executive Officer, President & Director 3M male
Alain Bergeron Executive Vice President & Chief Investment Officer 2M male
Pierre C. Miron Executive Vice President & Chief Growth Officer Canadian Operations 2M male
Denis Berthiaume FCIA Executive Vice-President of Strategy, Performance, Mergers & Acquisitions 2M male
Eric Jobin FCIA Executive Vice President, Chief Financial Officer, & Chief Actuary 1M male
Renee Laflamme FCPA Executive Vice President of Individual Insurance, Savings & Retirement 837.6K female
David Chapman FLMI Chief Operating Officer of Investia Financial Services Inc male
Gary J. Coles Senior Vice President of Administration & Group Insurance male
Gerald Bouwers President of Western Canada Ops and President of Industrial Alliance Pacific General Insurance Corp male
Joe Wilburn Dunlap ChFC FLMI President of iA American & American-Amicable Group of Companies male
Louis H. DeConinck President of Investia Financial Services Inc male
Luc Samson Senior Vice-President of Dealer Services
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits