IGM FINANCIAL REPORTS THIRD QUARTER EARNINGS

IGM Highlights

  • Net earnings of $209.8 million or 88 cents per share compared to $216.1 million or 91 cents per share in 2022.
  • Assets under management and advisement of $253.4 billion, down 3.0% from the prior quarter and up 6.4% from the third quarter of 2022. 
  • IGM Financial’s assets under management and advisement including Strategic Investments were $400.0 billion as at September 30, 2023, compared with $402.8 billion at June 30, 2023 and $302.1 billion at September 30, 2022. This is a new measure introduced in the second quarter and reflects the importance of these high growth investments and their contribution to IGM’s value.
  • Net outflows were $549 million compared to net outflows of $342 million in 2022.  

https://www.newswire.ca/news-releases/igm-financial-reports-third-quarter-earnings-816481127.html

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