iA Financial: Exceeding ROE Target, Expect Accelerated EPS Growth Ahead
TGTTarget(TGT) Seeking Alpha·2024-08-10 16:18
Images By Tang Ming TungIntroduction I last covered iA Financial (TSX:IAG:CA) in January and since then shares have delivered a total return of 6.9% while the S&P500 has returned 8.0%. Despite some underperformance in the share price, I've become even more bullish on the company since then, especially after an impressive second quarter. During the quarter, the company blasted through its 15% ROE target and also had 40%+ growth in Seg funds. In this article, I'll unpack the latest results and explain why ...