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IGM Financial (IGM) investor relations material
IGM Financial Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Adjusted EPS rose 18.9% to a record $1.51; adjusted net earnings increased 16.6% to $351.1 million.
AUM and advisement reached $381.7 billion, up 26.1% YoY, with $3.4 billion in net inflows.
Consolidated AUM & A including strategic investments reached $645.6 billion, up 14.8% YoY.
Momentum spanned wealth management, strategic investments and Mackenzie retail and institutional sales; priorities included capital returns, simplification and AI.
Financial highlights
Reported net earnings rose 63.5% to $487.5 million; reported diluted EPS was $2.10, including a $144.0 million after-tax Northleaf step-acquisition gain.
IG Wealth adjusted net earnings rose 27.4% to $197.9 million; Mackenzie adjusted net earnings increased 8.4% to $73.9 million.
Wealth Management adjusted earnings increased 30.1% to $205.8 million, while Asset Management adjusted earnings declined 1.8% to $108.6 million.
Adjusted EBIT increased 17.7% to $495.6 million; revenue was $1,144.0 million, up 17.3% YoY.
Outlook and guidance
FY2026 combined operations, support and business development expense growth guidance remains 4%, excluding restructuring and Northleaf consolidation.
Simplification actions are expected to generate ~$15 million in 2026 savings for reinvestment in capabilities; milestones remain on track.
IG Wealth expects a slight Q4 advisory fee-rate decline as cash moves into long-term solutions, with reversal expected in Q1 2027; Q4 asset-based compensation rate is expected to rise modestly.
Mackenzie reported an awarded institutional mandate pipeline of ~$5 billion, expected to fund in coming months, and a strong, high-probability pipeline entering 2027.
- IPC sale lifted reported earnings as assets grew and Q4 adjusted EPS fell to $0.84.IGM
Q4 2023 - Growth, AI-driven simplification, and strategic investments drive future value and competitiveness.IGM
Scotiabank’s 27th Annual Financials Summit - AUM & A hit $622.1B, fueling robust earnings growth and strategic value creation.IGM
Investor presentation - Record AUM & A, robust earnings growth, and strong capital returns drive long-term value.IGM
Investor presentation - Record adjusted EPS and AUM&A growth, with strong inflows and capital returns in Q2.IGM
Q2 2026 - Record earnings, double-digit asset growth, and strong capital returns in Q2 2025.IGM
Q2 2025 - Adjusted EPS up 4.5% and AUM&A up 14.8% as capital returns and asset growth remain strong.IGM
Q2 2024 - Record Q1 adjusted EPS and AUM growth, with strong inflows and capital returns.IGM
Q1 2025 - Record AUM&A and double-digit adjusted EPS growth, with strong capital returns in 2024.IGM
Q4 2024
Next IGM Financial earnings date
Next IGM Financial earnings date
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