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CA$2.35 (compared to CA$2.57 in 1Q 2023)

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iA Financeira (TSE:IAG) Results for the first quarter of 2024

Main financial results

  • Revenue: CA$2.13 billion (down 35% compared to 1Q 2023).

  • Net profit: CA$233.0 million (down 14% compared to 1Q 2023).

  • Profit margin: 11% (compared to 8.2% in 1Q 2023). The margin increase was driven by lower expenses.

  • EPS: CA$2.35 (down from CA$2.57 in 1Q 2023).

earnings and income history

All numbers shown in the chart above are for the period of the last 12 months (TTM)

iA Financial shares rose 6.6% from the previous week.

Balance Sheet Analysis

While it is very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphical representation of iA Financial’s balance sheet and an in-depth analysis of the company’s financial position.

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This Simply Wall St article is general in nature. We provide commentary based on historical data and analyst forecasts using only an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock and does not take into account your objectives or financial situation. Our goal is to bring you long-term focused analysis driven by fundamental data. Please note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Simply Wall St has no position in any of the stocks mentioned.

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