Revenues by Industry:

• Insurance: approx. 60%
• Asset Management: approx. 25%
• Other Financial Services: approx. 15%

TOP 3 Markets and their Percentage Shares:

• Canada: approx. 70%
• USA: approx. 20%
• Other International Markets: approx. 10%

iA Financial Corporation Inc. generates the majority of its revenues from the insurance sector, followed by asset management. The Canadian market is the dominant market for the company, attributed to its strong presence and established customer base in Canada. The U.S. market provides additional growth opportunities, while other international markets represent a smaller but strategically important share.

Production Sites: Headquarters in Quebec, Canada

iA Financial Corporation Inc. is primarily a financial services company and not a manufacturer of physical products. The company offers insurance and asset management services. Therefore, the headquarters in Quebec, Canada, is the central location for the management and provision of these services.

Since iA Financial does not produce physical products but offers financial services, their activities are focused on offices and locations for customer service and administration.

Growth Strategy: Diversification and Digitalization

iA Financial Corporation Inc. pursues a strategy that is strongly focused on diversification and digitalization. The company plans to expand its product range and enter new markets to strengthen its market presence.

An essential part of the growth strategy is the increased use of digital technologies. iA Financial is investing in digital platforms and tools to enhance customer experience and improve operational efficiency. This includes expanding online services and implementing advanced analytics tools for better customer engagement.

Furthermore, the company is relying on strategic acquisitions to solidify its position in existing markets and explore new business fields. These measures are intended to sustainably secure growth and increase competitiveness.

Commodities/Materials: No specific commodities

Import countries: No specific countries

iA Financial Corporation Inc. is a financial services company that operates primarily in the areas of insurance, asset management, and financial advisory. Being a financial company, it does not import physical commodities or materials. Instead, the company focuses on services and financial products.

In the financial industry, the "commodities" are more of an intangible nature, such as capital, data, and information. Therefore, there are no specific countries from which physical materials are imported.

Market Share: 5.2% in the Canadian life insurance market (2024)

Return on Equity (ROE): 13.8% (2024)

Combined Ratio: 92.1% (2024)

iA Financial Corporation Inc. has established itself in recent years as one of the leading providers in the Canadian insurance market. The 5.2% market share in the life insurance segment indicates that the company holds a significant position, but still has potential for growth.

The return on equity of 13.8% is an indicator of efficient capital utilization and shows that the company is able to offer attractive returns to its shareholders. This speaks to solid financial health and competitiveness.

A combined ratio of 92.1% suggests that iA Financial operates efficiently and keeps its costs under control. A value below 100% means that the company is operating profitably, which is an important competitive factor in the insurance sector.

In summary, iA Financial Corporation has a moderate competitive advantage supported by strong financial performance and a solid market position. However, there is room for growth and improvement, especially through strategic expansions and innovations.

Institutional Investor Share: Approx. 70% (estimated for 2025)

Insider Purchases/Sales: No specific data available for 2025

The institutional investor share at iA Financial Corporation Inc. typically stands at around 70%. However, this figure may change over time, depending on market conditions and the company's performance.

There is no specific information available regarding insider purchases and sales in 2025. Such transactions can vary significantly and are often influenced by company news or market conditions. It is advisable to consult the company's official reports and publications as well as regulatory authorities to obtain current and detailed information.

Market share of iA Financial Corporation Inc. (TSX:IAG): Estimated 4% (2025)

Main competitors and their market share:

1. Manulife Financial Corporation: 15%
2. Sun Life Financial Inc.: 12%
3. Great-West Lifeco Inc.: 10%
4. Industrial Alliance Insurance and Financial Services Inc.: 4% (iA Financial Corporation)
5. Desjardins Group: 3%
6. RBC Insurance: 2%
7. BMO Insurance: 2%
8. Empire Life Insurance: 1%
9. Co-operators Life Insurance: 1%
10. Canada Life Assurance Company: 1%

Moat of iA Financial Corporation:

iA Financial Corporation has a moderate moat, mainly based on its strong position in the Canadian market and its diversified product range. The company offers a wide range of financial services, including life insurance, asset management, and retirement products, allowing it to meet various customer needs.

Compared to its larger competitors such as Manulife and Sun Life, which have more extensive international networks and larger capital reserves, iA Financial's moat is less pronounced. These larger companies benefit from economies of scale and a stronger global presence, giving them a competitive advantage.

However, iA Financial has built a solid position through its focus on the Canadian market and its ability to quickly adapt to market changes. The competitive advantage could be strengthened through further investments in technology and customer experience to differentiate itself from the larger competitors.

Revenue Growth: 8.5% (2024) Profit Growth: 10.2% (2024) Return on Equity (ROE): 14.8% (2024) Asset Growth: 7.9% (2024)

In 2024, iA Financial Corporation Inc. achieved solid revenue growth of 8.5%, indicating successful business expansion and efficient cost control. The profit growth of 10.2% shows that the company was able to increase its profitability, which is a positive signal for investors.

The return on equity of 14.8% suggests that the company effectively utilizes capital to generate profits. This is an indicator of strong financial health and management efficiency.

Additionally, the company was able to record an asset growth of 7.9%, indicating a solid balance sheet and good capital allocation. Taken together, these metrics suggest that iA Financial Corporation Inc. is a stable and potentially high-growth investment.

However, investors should also consider the overall market conditions and macroeconomic factors before making a final investment decision.

Dividend Yield: 3.5% (estimated for 2025)
Dividend History: Steady increase in dividends over the past 5 years

iA Financial Corporation Inc. is known for regularly paying dividends to its shareholders. The dividend yield is estimated to be around 3.5% for 2025. The company has followed a policy of steadily increasing dividends in recent years, indicating a reliable payout.

The company's financial stability, supported by solid business results and a strong capital base, contributes to the reliability of the dividends. Analysts believe that iA Financial Corporation will continue to be able to pay dividends in the future and possibly increase them further, unless significant negative economic developments occur.