iA concludes 2024 on a solid note, achieving all its market guidance targets

FOURTH QUARTER HIGHLIGHTS â?? iA Financial Group

For the fourth quarter ended December 31, 2024, iA Financial Group (TSX: IAG) recorded core diluted earnings per common share (EPS)�� of $3.04, which is 30% higher than the same period in 2023. Core return on common shareholders' equity (ROE)�� for the trailing twelve months was 15.9%, meeting the Company's medium-term target of 15%+. Fourth quarter net income attributed to common shareholders was $220 million, diluted EPS was $2.33 and ROE for the trailing twelve months was 13.9%. The solvency ratio of 139%5 at December 31, 2024 was well above the Company's operating target of 120%.

The Company has been making steady progress with regard to its existing market guidance and, in continuity therewith, will present new market guidance at the Investor Event to be held on February 24, 2025.

The table below presents the market guidance disclosed at the beginning of 2024, as well as the corresponding 2024 results, which demonstrate the Company's achievement of its financial targets.

Reconciliation of Select Non-IFRS Financial Measures

 

 

 

The conference call will be recorded and the replay will be available on the iA Financial Group website at ia.ca, under About iA/Investor Relations/Financial Reports.

ia.ca

 Segmented Results

SOURCE iA Financial Group

SOURCE: iA Financial Group

SOURCE: Industrial Alliance Insurance and Financial Services Inc.

SOURCE: iA Financial Corporation

Investor Relations: Caroline Drouin, Office: 418-684-5000, ext. 103281, Email:
caroline.drouin@ia.ca; Public Affairs: Chantal Corbeil, Office: 514-247-0465, Email:
chantal.corbeil@ia.ca

COMTEX_462907594/2197/2025-02-18T17:23:00