Canaccord Genuity Group (CF) Investor Presentation summary

Business overview and strategy

• Focused on delivering superior outcomes for mid-market companies and investors through wealth management and capital markets services across 47 locations on 3 continents.

• Wealth management and advisory now contribute a larger share of revenue, reducing reliance on underwriting.

• Strategic investments target growth in global wealth management and capital markets advisory, with a disciplined approach to sector and geographic expansion.

• Employee ownership has increased, with 46.9% of shares held by senior officers, LTIP, and the employee-owned partnership, fostering alignment and long-term focus.

• ESG and community initiatives are integrated into business practices, supporting employees, clients, and local communities.

Financial performance and highlights

• Q1 fiscal 2026 revenue was $448.4M, up 4.5% year-over-year; pre-tax net income was $33.4M, down 4.1% year-over-year.

• Diluted EPS for Q1 fiscal 2026 was $0.13, unchanged year-over-year; pre-tax profit margin was 7.4%.

• Wealth management revenue reached $243M in Q1/26, with client assets at $125B and a pre-tax profit margin of 16.8%.

• Capital markets revenue for Q1/26 was $200M, with 93 transactions and $16B in proceeds raised.

• Strong balance sheet with $834.3M in working capital and $889M in shareholders' equity as of June 30, 2025.

Segment and regional performance

• Wealth management saw robust growth: Canada client assets up 16.9% y/y, UK & Crown Dependencies up 17.6% y/y, Australia up 34.3% y/y.

• Fee-based assets continue to rise in all regions, supporting stable earnings and higher margins.

• UK wealth management benefited from strategic acquisitions, expanding its footprint and financial planning capacity.

• HPS Investment Partners holds a 29% as-converted equity interest in UK wealth management, with structured rights and exit options.

• Capital markets advisory revenue increased as a share of total, with technology and metals & mining as leading sectors.