IGIFF IGM Financial Inc featured news, full reports, and detailed charts
IGM Financial Inc (IGIFF/IGIFF.PK) Wrap Up:
IGM Financial Inc., a personal financial services company, engages in the management and distribution of mutual funds and other managed asset products. It also provides brokerage and mortgage banking services, as well as distributes insurance products. The company was founded in 1894 and is based in Winnipeg, Canada. IGM Financial, Inc. is a subsidiary of Power Financial Corporation.IGM Financial Inc (IGIFF:OTC)
|
Market Cap
10.0B
|
Total Revenue
2.4B
|
|
|
EBITDA
962.0M
|
DILUTED EPS TTM
1.99
|
|
|
P/E
20.4x
|
P/S
4.6x
|
|
|
Return On Asset
6.65
|
Return On Equity
11.77
|
|
| K = Thousands M = Millions B = Billions | ||
IGIFF Top Compensated Officers
Executives, Board Directors
Key developments for IGM Financial Inc (IGIFF)
IGM Financial Inc. expected to Report Fiscal Year 2009 Results on February 8, 2010. This event was calculated by Capital IQ (Created on October 30, 2009).
IGM Financial Inc. reported cash flow results for third quarter and nine months ended September 30, 2009. For the quarter, the company reported cash from operations of CAD 187.7 million against cash from operations of CAD 258.5 million for same period a year ago. Net additions to capital assets for the period was CAD 2.1 million against CAD 7.8 million for same period a year ago. For nine months, the company reported cash from operations of CAD 530.9 million against cash from operations of CAD 526.7 million for same period a year ago. Net additions to capital assets for the period was CAD 5.6 million against CAD 24.9 million for same period a year ago.
IGM Financial Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. Net income was $167.4 million compared to $198.7 million a year ago and $144.5 million in the prior quarter. Diluted earnings per share were 63 cents compared to 75 cents a year ago and 55 cents in the prior quarter. Gross revenues for the three months were $622.6 million compared to $684.7 million a year ago and $587.8 million in the prior quarter. Total sales for the third quarter of 2009 were $2.4 billion compared to $2.7 billion in the prior year. Income before income taxes was $167.3 million against $198.6 million last year. Net income for the nine months was $445.4 million compared to adjusted net income of $626.0 million for the comparative period in 2008. Diluted earnings per share were $1.69 in 2009 compared to adjusted earnings per share of $2.36 in 2008. Gross revenues for the nine months ended September 30, 2009 were $1.77 billion compared to $2.12 billion a year ago. Return on average common equity was 14.2% and for the comparative period in 2008 adjusted return on equity was 19.7%. Total sales for the nine months ended September 30, 2009 were $8.7 billion compared to $9.2 billion in the prior year. Income before income taxes was $445.3 million against $650.9 million last year. The board of directors declared a quarterly dividend of $0.359375 per share on the company's 5.75% non-cumulative first preferred shares, series 'A' payable on December 31, 2009 to shareholders of record on November 27, 2009 and has declared a dividend of 51.25 cents per share on the company's common shares payable on January 29, 2010 to shareholders of record on December 28, 2009.
IGIFF Competitors
| Company | Last | Change | |
| No competitor information is available for IGIFF. | |||
| Market data is delayed at least 20 minutes. | |||
Industry Analysis
| Valuation | IGIFF | Industry Range |
| Price/Earnings | 20.4x |
|
| Price/Sales | 4.6x |
|
| Price/Book | 2.5x |
|
| Price/Cash Flow | 20.4x |
|
| TEV/Sales | 2.6x |
|
|
IGIFF |
||
IGIFF transactions
| Type Date |
Target | |
| No transactions in the last 6 months. | ||
