Earnings Alerts

Igm Financial (IGM) Earnings: AUM Reaches C$257.12B with Positive Net Inflows in November 2024

By December 5, 2024 No Comments
  • IGM Financial has assets under management totaling C$257.12 billion.
  • Combined assets under management and advisement amounted to C$273.36 billion, marking a 3.2% increase month-over-month.
  • In November 2024, the company saw total consolidated net inflows of C$50 million.
  • Analyst recommendations for IGM Financial include 3 buy ratings, 4 hold ratings, and 0 sell ratings.

A look at Igm Financial Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience2
Momentum5
OVERALL SMART SCORE3.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

IGM Financial, Inc. offers a range of personal financial services to its clients in Canada. Based on the Smartkarma Smart Scores, the company shows strong momentum with a score of 5, indicating positive market momentum. Additionally, IGM Financial scores well in terms of value and dividend with scores of 4 for both factors, showcasing a solid financial standing and commitment to returning value to investors. While the growth score is slightly lower at 3, the company demonstrates resilience with a score of 2, which suggests a stable operational framework despite challenges.

Looking ahead, IGM Financial appears positioned for long-term success, especially considering its strong scores in value, dividend, and momentum. With a diversified portfolio of financial products including mutual funds, Guaranteed Investment Certificates, insurance products, and mortgage loans, the company seems well-equipped to navigate market dynamics and meet the evolving needs of its clients, sustaining its growth trajectory in the financial services sector.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using 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 account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars