iA Financial Corporation Inc
iA Financial Corporation Inc., provides insurance and wealth management services for individual and group basis in Canada and the United States. It operates through Insurance, Canada; Wealth Management; Investment; and US Operations segments. The company offers life, health, auto, home, and creditor insurance products; replacement insurance products and warranties; extended warranties and other a… Read more
iA Financial Corporation Inc (IAFNF) - Net Assets
Latest net assets as of September 2025: $8.30 Billion USD
Based on the latest financial reports, iA Financial Corporation Inc (IAFNF) has net assets worth $8.30 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($119.89 Billion) and total liabilities ($111.59 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $8.30 Billion |
| % of Total Assets | 6.92% |
| Annual Growth Rate | 9.76% |
| 5-Year Change | 14.65% |
| 10-Year Change | 78.47% |
| Growth Volatility | 242.27 |
iA Financial Corporation Inc - Net Assets Trend (1999–2024)
This chart illustrates how iA Financial Corporation Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for iA Financial Corporation Inc (1999–2024)
The table below shows the annual net assets of iA Financial Corporation Inc from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $7.47 Billion | +6.10% |
| 2023-12-31 | $7.04 Billion | -1.43% |
| 2022-12-31 | $7.14 Billion | -1.45% |
| 2021-12-31 | $7.25 Billion | +11.24% |
| 2020-12-31 | $6.51 Billion | +6.25% |
| 2019-12-31 | $6.13 Billion | +7.21% |
| 2018-12-31 | $5.72 Billion | +11.33% |
| 2017-12-31 | $5.14 Billion | +7.79% |
| 2016-12-31 | $4.76 Billion | +13.89% |
| 2015-12-31 | $4.18 Billion | +6.33% |
| 2014-12-31 | $3.94 Billion | +7.28% |
| 2013-12-31 | $3.67 Billion | +11.29% |
| 2012-12-31 | $3.30 Billion | +18.77% |
| 2011-12-31 | $2.77 Billion | +8.31% |
| 2010-12-31 | $2.56 Billion | +18.72% |
| 2009-12-31 | $2.16 Billion | +16.15% |
| 2008-12-31 | $1.86 Billion | +3.28% |
| 2007-12-31 | $1.80 Billion | -85.92% |
| 2006-12-31 | $12.78 Billion | +10.18% |
| 2005-12-31 | $11.60 Billion | +6.42% |
| 2004-12-31 | $10.90 Billion | +818.40% |
| 2003-12-31 | $1.19 Billion | -86.96% |
| 2002-12-31 | $9.10 Billion | +952.75% |
| 2001-12-31 | $864.80 Million | +11.09% |
| 2000-12-31 | $778.50 Million | +6.95% |
| 1999-12-31 | $727.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to iA Financial Corporation Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 820.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $5.25 Billion | 70.35% |
| Common Stock | $1.52 Billion | 20.41% |
| Other Comprehensive Income | $74.00 Million | 0.99% |
| Other Components | $616.00 Million | 8.25% |
| Total Equity | $7.47 Billion | 100.00% |
iA Financial Corporation Inc Competitors by Market Cap
The table below lists competitors of iA Financial Corporation Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tetra Tech Inc
NASDAQ:TTEK
|
$8.24 Billion |
|
Federal Home Loan Mortgage Corp CP Pref
OTCQB:FMCCP
|
$8.24 Billion |
|
Molson Coors Beverage Company
NYSE:TAP-A
|
$8.24 Billion |
|
Equatorial Energia S.A
SA:EQTL3
|
$8.24 Billion |
|
Foshan Haitian Flavouring and Food Co Ltd
SHG:603288
|
$8.22 Billion |
|
Continental AG O.N.
LSE:0LQ1
|
$8.21 Billion |
|
Airports of Thailand Public Company Limited
PINK:AIPUF
|
$8.18 Billion |
|
Nongfu Spring Co. Ltd
PINK:NNFSF
|
$8.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in iA Financial Corporation Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,663,000,000 to 7,467,000,000, a change of 804,000,000 (12.1%).
- Net income of 962,000,000 contributed positively to equity growth.
- Dividend payments of 348,000,000 reduced retained earnings.
- Share repurchases of 609,000,000 reduced equity.
- New share issuances of 369,000,000 increased equity.
- Other comprehensive income increased equity by 91,000,000.
- Other factors increased equity by 339,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $962.00 Million | +12.88% |
| Dividends Paid | $348.00 Million | -4.66% |
| Share Repurchases | $609.00 Million | -8.16% |
| Share Issuances | $369.00 Million | +4.94% |
| Other Comprehensive Income | $91.00 Million | +1.22% |
| Other Changes | $339.00 Million | +4.54% |
| Total Change | $- | 12.07% |
Book Value vs Market Value Analysis
This analysis compares iA Financial Corporation Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.15x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 11.53x to 1.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $7.76 | $89.45 | x |
| 1999-12-31 | $9.69 | $89.45 | x |
| 2000-12-31 | $10.28 | $89.45 | x |
| 2001-12-31 | $11.44 | $89.45 | x |
| 2002-12-31 | $12.38 | $89.45 | x |
| 2003-12-31 | $13.14 | $89.45 | x |
| 2004-12-31 | $15.26 | $89.45 | x |
| 2005-12-31 | $16.99 | $89.45 | x |
| 2006-12-31 | $19.80 | $89.45 | x |
| 2007-12-31 | $22.18 | $89.45 | x |
| 2008-12-31 | $22.95 | $89.45 | x |
| 2009-12-31 | $26.74 | $89.45 | x |
| 2010-12-31 | $29.00 | $89.45 | x |
| 2011-12-31 | $30.00 | $89.45 | x |
| 2012-12-31 | $34.26 | $89.45 | x |
| 2013-12-31 | $37.47 | $89.45 | x |
| 2014-12-31 | $39.04 | $89.45 | x |
| 2015-12-31 | $41.02 | $89.45 | x |
| 2016-12-31 | $46.26 | $89.45 | x |
| 2017-12-31 | $48.00 | $89.45 | x |
| 2018-12-31 | $51.98 | $89.45 | x |
| 2019-12-31 | $57.29 | $89.45 | x |
| 2020-12-31 | $60.87 | $89.45 | x |
| 2021-12-31 | $67.08 | $89.45 | x |
| 2022-12-31 | $66.73 | $89.45 | x |
| 2023-12-31 | $64.69 | $89.45 | x |
| 2024-12-31 | $77.78 | $89.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently iA Financial Corporation Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.88%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.13%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 14.71x
- Recent ROE (12.88%) is above the historical average (10.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 11.95% | 11.65% | 0.00x | 0.00x | $11.38 Million |
| 1999 | 11.46% | 2.96% | 0.29x | 13.27x | $10.61 Million |
| 2000 | 12.95% | 3.44% | 0.34x | 11.03x | $22.95 Million |
| 2001 | 12.33% | 3.93% | 0.31x | 10.28x | $20.12 Million |
| 2002 | 11.03% | 3.59% | 0.31x | 9.90x | $9.70 Million |
| 2003 | 13.53% | 4.19% | 0.33x | 9.94x | $36.61 Million |
| 2004 | 13.12% | 4.33% | 0.33x | 9.11x | $37.85 Million |
| 2005 | 9.89% | 3.34% | 0.34x | 8.80x | $-1.52 Million |
| 2006 | 14.33% | 4.68% | 0.38x | 8.12x | $69.82 Million |
| 2007 | 13.79% | 4.99% | 0.33x | 8.40x | $68.10 Million |
| 2008 | 3.88% | 1.61% | 0.29x | 8.30x | $-113.80 Million |
| 2009 | 10.19% | 3.78% | 0.33x | 8.17x | $4.20 Million |
| 2010 | 10.77% | 3.94% | 0.35x | 7.85x | $19.80 Million |
| 2011 | 5.08% | 1.75% | 0.21x | 13.49x | $-136.50 Million |
| 2012 | 10.22% | 4.51% | 0.18x | 12.67x | $7.40 Million |
| 2013 | 10.58% | 6.44% | 0.14x | 12.00x | $21.20 Million |
| 2014 | 11.05% | 4.49% | 0.19x | 12.79x | $41.50 Million |
| 2015 | 9.13% | 4.64% | 0.16x | 12.65x | $-36.40 Million |
| 2016 | 11.50% | 5.85% | 0.16x | 11.97x | $71.50 Million |
| 2017 | 10.38% | 4.72% | 0.18x | 12.05x | $19.40 Million |
| 2018 | 11.16% | 6.42% | 0.16x | 11.11x | $66.20 Million |
| 2019 | 11.40% | 4.57% | 0.21x | 11.93x | $86.00 Million |
| 2020 | 9.70% | 3.57% | 0.20x | 13.28x | $-19.30 Million |
| 2021 | 11.86% | 6.41% | 0.14x | 13.07x | $134.50 Million |
| 2022 | 4.68% | 0.00% | -0.04x | 12.24x | $-380.00 Million |
| 2023 | 11.84% | 9.06% | 0.09x | 14.08x | $122.70 Million |
| 2024 | 12.88% | 12.13% | 0.07x | 14.71x | $215.30 Million |
Industry Comparison
This section compares iA Financial Corporation Inc's net assets metrics with peer companies in the Insurance - Diversified industry.
Industry Context
- Industry: Insurance - Diversified
- Average net assets among peers: $29,608,843,500
- Average return on equity (ROE) among peers: 13.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| iA Financial Corporation Inc (IAFNF) | $8.30 Billion | 11.95% | 13.45x | $8.23 Billion |
| Alm. Brand A/S (ABDBY) | $13.40 Billion | 5.80% | 1.64x | $2.98 Billion |
| Arch Capital Group Ltd (ACGL) | $2.48 Billion | 10.34% | 3.63x | $32.40 Billion |
| ageas SA/NV (AGESF) | $8.80 Billion | 12.71% | 10.19x | $10.79 Billion |
| American International Group Inc (AIG) | $109.64 Billion | 12.81% | 7.93x | $41.13 Billion |
| Aviva plc (AIVAF) | $11.16 Billion | 0.00% | 0.03x | $18.17 Billion |
| Allianz SE (ALIZF) | $63.58 Billion | 13.43% | 14.46x | $143.52 Billion |
| Assicurazioni Generali S.p.A (ARZGF) | $18.35 Billion | 18.39% | 19.85x | $30.45 Billion |
| AXA SA (AXAHF) | $52.40 Billion | 13.72% | 11.30x | $66.04 Billion |
| BB Seguridade Participacoes SA (BBSEY) | $11.40 Billion | 35.51% | 0.17x | $4.26 Billion |
| Bâloise Holding AG (BLHEF) | $4.87 Billion | 8.96% | 14.09x | $8.54 Billion |