iA Financial Group

iA Financial Group

Canadian insurer and wealth manager

Overview

iA Financial Group is a large insurer and wealth manager operating in Canada, with a presence in the United States. It offers a range of insurance products (such as life, health, and property and casualty) and wealth management services, including investments and financial planning, to individuals and businesses. The company serves customers through its insurance and asset management products, helping clients protect against risks and grow their savings and investments over time. iA Financial Group differentiates itself by its long history (founded in 1892), its scale as one of the largest players in Canada, and its status as a publicly traded company on the Toronto Stock Exchange (tickers IAG for common shares and IAF for preferred shares), with operations spanning Canada and the United States. Its goal is to provide reliable insurance protection and growth-focused wealth management solutions to a broad client base, aiming to be a leading financial services group in North America.

About iA Financial Group

Simplify's Rating
Why iA Financial Group is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Financial Services

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Quebec City, Canada

Founded

1892

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Simplify's Take

What believers are saying

  • Wealth Management core earnings rose 37% to C$155 million in Q2 2026.
  • iA generated C$1.1 billion deployable capital and maintained a 137% solvency ratio.
  • The board lifted the dividend 11% and expanded buybacks through 2026.

What critics are saying

  • U.S. Dealer Services core earnings fell to C$24 million in Q2 2026.
  • Management's repricing and sales restructuring targets 2027-2028, leaving near-term results exposed.
  • AMF CARLI and solo-ratio rules compress capital; a severe shock could force dividend restraint.

What makes iA Financial Group unique

  • iA Financial combines Canadian insurance, wealth, and U.S. dealer services across one capital engine.
  • RF Capital closed October 31, 2025, adding 189 advisers and C$43.6 billion AUA.
  • Q2 2026 core ROE hit 17.5%, proving disciplined pricing and capital allocation.

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Funding

Total Funding

$156.3M

Above

Industry Average

Funded Over

0 Rounds

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Stock Price

Company News

Dividend Channel
Aug 12th, 2026
IA Financial among Top 25 dividend stocks on dividend strength and valuation.

IA Financial among Top 25 dividend stocks on dividend strength and valuation. By Joel Kornblau, Editor, Dividend Channel, Wednesday, August 12, 2026, 9:48 AM ET IA Financial Corp Inc (IAG.CA) has been identified as a Top 25 dividend stock in the latest Canada Stock Channel "DividendRank" report. The ranking highlights a combination that typically matters in dividend analysis: established payout history, solid profitability metrics, and valuation measures that compare favorably within the report's coverage universe. For dividend-focused investors, that combination is notable because a high yield alone rarely tells the full story. A more durable income profile usually depends on the underlying business producing consistent earnings, maintaining capital flexibility, and supporting distributions through different operating environments. In that context, IA Financial's inclusion near the top of the screen draws attention not simply to its payout, but to the broader financial characteristics behind it. What drove the ranking. According to the report, IAG.CA scored well on both valuation and profitability measures, while also benefiting from a strong quarterly dividend record and favorable multi-year growth trends in key fundamental indicators. That framework is consistent with a value-oriented dividend approach, where the objective is not only to find companies that pay shareholders regularly, but also those with business performance that can sustain and potentially expand those payments over time. The report stated, "Dividend investors approaching investing from a value standpoint are generally most interested in researching the strongest most profitable companies, that also happen to be trading at an attractive valuation. That's what we aim to find using our proprietary DividendRank formula, which ranks the coverage universe based upon our various criteria for both profitability and valuation, to generate a list of the top most 'interesting' stocks, meant for investors as a source of ideas that merit further research." Dividend profile and why it matters. IA Financial Corp Inc currently pays an annualized dividend of $4.4 per share in quarterly installments. Its most recent ex-dividend date was 08/14/2026. In practical terms, the annualized dividend indicates the current run rate of cash distributions based on the latest declared quarterly payment pattern. Dividend history remains a central part of evaluating any income-oriented stock. A long and stable payment record can signal several things: * management's willingness to return capital consistently; * business models capable of generating recurring cash flow and earnings; * balance-sheet discipline during periods of market volatility; and * capacity for dividend growth when operating performance improves. That said, dividend history is most informative when viewed alongside profitability, earnings quality, capital requirements, and payout sustainability. For financial companies in particular, dividend strength is often tied to underwriting discipline, investment portfolio performance, regulatory capital management, and the resilience of core operating segments. Why dividend history deserves attention. The chart below illustrates the company's long-term dividend history, a factor the report emphasized as especially important. Reviewing a company's past dividend history can help frame whether the current dividend level appears well established or more vulnerable to shifts in earnings and capital conditions. A useful way to interpret dividend history is to look for three distinct patterns: * Consistency: whether payments have been maintained without interruption. * Growth: whether the dividend has trended higher over multi-year periods. * Pace of increases: whether growth has been gradual and sustainable rather than overly aggressive. Those patterns often provide more insight than yield alone. A stock with a moderate but steadily rising dividend can, over time, compare favorably with a higher-yielding stock whose payout proves less durable. Bottom line. IAG.CA's placement in the Top 25 reflects more than headline dividend appeal. The ranking points to a broader mix of supportive fundamentals: profitability, valuation discipline, and a dividend record that has built over time. For anyone screening Canadian dividend stocks, that combination is often where the most credible long-term candidates begin to stand out. Looking for more ideas like this? Open The DividendRank Canada Top 25 to compare dividend stocks by yield, value, ranking, or sector context.

Yahoo Finance
Aug 10th, 2026
iA Financial hits 17.5% ROE target as wealth management core earnings jump 37% to $113M

iA Financial reported stronger second-quarter results, with core earnings rising to CAD 330 million and core earnings per share increasing 5% to CAD 3.68. The company's trailing 12-month core return on equity reached 17.5%, meeting its 2026 target. Wealth management drove growth, with core earnings up 37% to CAD 155 million, supported by segregated-fund inflows, market gains and advisor recruitment. Net premiums, premium equivalents and deposits rose 25% year-over-year to CAD 6.3 billion. The company's US Dealer Services business remains a challenge, with core earnings falling to CAD 24 million. Management is implementing pricing and operational changes, expecting the division to contribute to growth in 2027–2028. iA Financial ended the quarter with a solvency ratio of 137% and CAD 1.1 billion available for deployment.

MarketBeat
Aug 7th, 2026
iA Financial (TSE:IAG) insider Renée Laflamme sells 12,500 shares.

iA Financial (TSE:IAG) insider Renée Laflamme sells 12,500 shares. August 7, 2026 Key points. * Insider sale: Renée Laflamme sold 12,500 iA Financial shares for approximately C$2.65 million at C$211.86 each, reducing her direct holdings by 51.77% to 11,645 shares. She has also sold shares in May and June. * Recent performance: iA Financial reported quarterly EPS of C$3.68 and revenue of C$3.05 billion. Its shares recently traded near C$210.54, close to the consensus analyst price target of C$213.61. * Analyst outlook: Several firms raised their price targets, with BMO reaching C$225, but the overall consensus remains "Hold", reflecting limited expected near-term upside. * Interested in iA Financial? Here are five stocks we like better. iA Financial Co. Inc. (TSE:IAG - Get Free Report) insider Renée Laflamme sold 12,500 shares of the firm's stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of C$211.86, for a total value of C$2,648,250.00. Following the transaction, the insider directly owned 11,645 shares in the company, valued at approximately C$2,467,109.70. The trade was a 51.77% decrease in their position. Renée Laflamme also recently made the following trade(s): * On Friday, June 26th, Renée Laflamme sold 12,500 shares of iA Financial stock. The stock was sold at an average price of C$192.81, for a total value of C$2,410,125.00. * On Friday, May 22nd, Renée Laflamme sold 10,000 shares of iA Financial stock. The stock was sold at an average price of C$174.04, for a total value of C$1,740,400.00. iA Financial price performance. Shares of IAG traded down C$2.20 during trading hours on Friday, reaching C$210.54. 132,038 shares of the company traded hands, compared to its average volume of 339,799. The stock has a fifty day simple moving average of C$195.21 and a 200 day simple moving average of C$174.75. The company has a quick ratio of 0.17, a current ratio of 0.60 and a debt-to-equity ratio of 18.46. The stock has a market capitalization of C$18.80 billion, a PE ratio of 19.49, a price-to-earnings-growth ratio of 1.26 and a beta of 0.92. iA Financial Co. Inc. has a fifty-two week low of C$140.34 and a fifty-two week high of C$223.72. iA Financial (TSE:IAG - Get Free Report) last posted its earnings results on Tuesday, August 4th. The company reported C$3.68 earnings per share (EPS) for the quarter. iA Financial had a net margin of 9.87% and a return on equity of 12.80%. The firm had revenue of C$3.05 billion during the quarter. As a group, research analysts predict that iA Financial Co. Inc. will post 11.6187564 EPS for the current fiscal year. Analyst ratings changes. A number of research firms recently commented on IAG. Canadian Imperial Bank of Commerce raised their price objective on shares of iA Financial from C$208.00 to C$220.00 in a research note on Thursday. Royal Bank Of Canada lifted their price objective on iA Financial from C$167.00 to C$213.00 and gave the company a "sector perform" rating in a research report on Thursday. TD Securities downgraded iA Financial from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, May 6th. BMO Capital Markets increased their target price on iA Financial from C$215.00 to C$225.00 and gave the company an "outperform" rating in a research note on Thursday. Finally, Scotia lifted their price objective on iA Financial from C$198.52 to C$223.00 and gave the stock a "sector perform" rating in a report on Thursday. One research analyst has rated the stock with a Buy rating and eight have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus price target of C$213.61. Discover more Market Cap Calculator Dividend Screener Tool iA Financial news roundup. Here are the key news stories impacting iA Financial this week: * Positive Sentiment: BMO Capital Markets raised its price target from C$215 to C$225 and maintained an "outperform" rating, representing approximately 5.8% upside. BayStreet.CA analyst ratings * Positive Sentiment: Scotiabank increased its target from C$198.52 to C$223, while Desjardins lifted its target from C$205 to C$220. Both firms see moderate upside from recent trading levels. Ticker Report analyst ratings * Positive Sentiment: CIBC raised its target from C$208 to C$220, and National Bank Financial increased its target from C$205 to C$216, adding to the generally supportive analyst revisions. BayStreet.CA analyst ratings * Neutral Sentiment: TD raised its target from C$214 to C$218 and retained a "hold" rating, indicating expectations for a gradual increase rather than a major revaluation. American Banking News analyst outlook * Neutral Sentiment: RBC lifted its target sharply from C$167 to C$213 but kept a "sector perform" rating. The target is effectively close to the current share price, suggesting limited near-term upside. BayStreet.CA analyst ratings * Negative Sentiment: The predominantly "hold" and "sector perform" recommendations, combined with relatively small target-price gains, may be tempering investor enthusiasm and weighing on IAG despite the upward revisions. About iA Financial. iA Financial Group is one of the largest insurance and wealth management groups in Canada, with operations in the United States. Founded in 1892, it is an important Canadian public company and is listed on the Toronto Stock Exchange under the ticker symbol IAG (common shares). To learn more about iA Financial Group, you can sign up for our newsletter on our website at ia.ca. iA Financial Group is a business name and trademark of iA Financial Corporation Inc This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Continue following MarketBeat Before you consider iA Financial, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and iA Financial wasn't on the list. While iA Financial currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. Robotics and automation are rapidly becoming essential infrastructure across healthcare, manufacturing, logistics, and many other industries. "Physical AI" is coming to the United States, and there are four ways that investors can gain exposure to this new robotics revolution. Plus, learn which seven companies are most positioned to benefit as intelligent robots enter the workforce.

Train 2 Invest
Aug 6th, 2026
iA Financial Group reports second quarter results.

iA Financial Group reports second quarter results. For the second quarter ended June 30, 2026, iA Financial Group (TSX: IAG) recorded core earnings of $330 million and core diluted earnings per common share (EPS) of $3.68, which is 5% higher than the same period in 2025, when insurance experience was very favourable. Core return on common shareholders' equity (ROE) for the trailing 12 months was 17.5%, in line with the 2026 target of 17%+. [1] Second quarter net income attributed to common shareholders was $384 million, diluted EPS was $4.28 and ROE for the trailing 12 months was 15.1%. The solvency ratio was 137% as at June 30, 2026, highlighting a robust capital position. "Our diversified business model continued to demonstrate its strength in the second quarter, as broad-based performance across our businesses, led by Wealth Management, generated solid earnings and robust capital generation," commented Denis Ricard, President and CEO of iA Financial Group. "The 25% increase in premiums and deposits and the 37% growth in assets [5] over the past year reflect the strength of our distribution capabilities, our ability to attract and support high-quality advisors, and the continued execution of our growth strategy." "Wealth Management generated significant earnings growth in the second quarter, reflecting strong organic momentum, favourable markets and the contribution from RF Capital. This strong momentum continues to drive robust growth across our business units, supported by our leading distribution platform and sustained demand for segregated fund solutions," added Éric Jobin, Executive Vice-President, CFO and Chief Actuary. "Strong earnings, combined with a solid capital position and $1.1 billion in capital available for deployment, gives us continued flexibility to allocate capital in a disciplined manner and create long-term value for shareholders." iA Financial Corp Inc is an insurance and wealth management group based in Canada. It offers various life and health insurance products, savings and retirement plans, mutual funds, securities, loans, auto and home insurance, creditor insurance, replacement insurance, replacement warranties, extended warranties, and other ancillary products for dealer services and other financial products and services. The company's products and services are offered on both an individual and group basis and extend throughout Canada and the United States. Its operating segments are: Insurance, Canada; Wealth Management; U.S. Operations; Investment; and Corporate. Maximum revenue is generated from the Insurance, Canada segment. Post Views: 3

Benefits Canada
May 25th, 2026
2026 Vancouver Benefits Summit: Evolving benefits to support women's health and wealth.

2026 Vancouver Benefits Summit: Evolving benefits to support women's health and wealth. Workplace benefits plans can play a crucial role in improving women's health outcomes, but many haven't yet evolved to recognize the unique health needs and transitions women face over their life. "We have so much knowledge now of the transitions, the health situations that women face, but yet we haven't seen that evolution in our benefits plans," said Erika Hatherly, strategic leader of drug programs, group benefits and retirement solutions at iA Financial Group, during a session at Benefits Canada's 2026 Vancouver Benefits Summit. "We have seen this one-size-fits-all approach, this idea that men and women are going to interact with their plan equally, and that's just not true." A well-designed plan can ensure women get the care they need at the moment they need it, she noted, rather than facing friction and "having to fight at every moment to get that care." The menopause transition is a prime opportunity for benefits plans to make a difference, said Hatherly. Perimenopause and menopause typically occur at a time when women are reaching the height of their careers. Unmanaged symptoms often translate to lost productivity, days of work and earnings and even lead to women leaving the workplace. "This is where mid-career retention is won or lost." Setting up a plan navigation toolkit can help women find the benefits they might need, such as a health-care spending account or wellness account to cover alternative treatments for their symptoms. Benefits can also help women "connect the dots" earlier about emerging health issues, said Hatherly. She gave an example of a woman in her 30s who's experiencing exhaustion, slow weight gain and an irregular menstrual cycle. "Something like insulin resistance and the development of polycystic ovarian syndrome is often not caught early on. What we want to do is have a plan that has access to [paramedical] practitioners... that are able to make this route from symptom to solution shorter." A woman dealing with endometriosis, a reproductive health issue that isn't often well-recognized in the workplace but can cause significant pain and time away from work, could leverage physiotherapy, mental-health coverage and other paramedical practitioners to manage her pain and mental health, she said. Women's mental and financial health should be part of the broader well-being discussion, said Hatherly, particularly given that women tend to take more breaks from work for having children and caregiving, leading to lower retirement savings that need to stretch over longer lifespans. Surveys have found more women than men say financial stress is impacting their mental health. She recommended multiple approaches to financial education, including webinars, access to personalized advice, digital tools such as retirement simulators and learning modules.

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