# Power Corporation Of Canada (POW.TO)

Canonical: https://gigainvestors.com/s/POW.TO

Analysis as of: 2026-10-16T07:34:03.655Z. Financial observations: FY2015–FY2026.

Listing currency: CAD. Reporting currency: CAD.

## Verdict

Not a wonderful business

Quality tests for Buy: not passed (profit record: pass; earnings resilience is evidence only). Published buy qualification: no.

Share price: CAD 93.54 per share; close as of 2026-10-15.

Estimated value: low CAD 15.66 per share, central CAD 19.57 per share, high CAD 26.09 per share. Buy at or below the central value CAD 19.57 per share. Valuation as of 2026-10-16T07:34:03.655Z; scenarios are not confidence intervals.

Expected annual return: 6.8% at the stated quote. About 6.8% a year at today's price (required return 10.0%). required return 10.0% a year (10% floor; CA 10-year bond 3.8% + 4 points).

## Checklist

### understandable: pass

- Financial history: 10 years

- Profitable years in the last ten: 10

- Required profitable years: 8

- Return on common equity variation (informational): 0.15×

Chart: Net income; fiscal year observations.

- FY2016: CAD 1.1B

- FY2017: CAD 1.3B

- FY2018: CAD 1.3B

- FY2019: CAD 1.1B

- FY2020: CAD 2.0B

- FY2021: CAD 2.9B

- FY2022: CAD 1.9B

- FY2023: CAD 2.2B

- FY2024: CAD 2.7B

- FY2025: CAD 2.6B

### moat: fail

- Common book per share

- Parent-total proxy for preferred equity

- median return on common equity below threshold

- Bank / P&C ROTE, median of available years: 8.9%

- Required median return: 10.0%

- Return uses tangible common equity: No

- Bank ROTE, second-lowest year: 7.8%

- Years with reported combined ratio: 0

Chart: Return on common equity; fiscal year observations.

- FY2016: 7.8%

- FY2017: 8.8%

- FY2018: 8.5%

- FY2019: 7.8%

- FY2020: 9.0%

- FY2021: 12.0%

- FY2022: 8.0%

- FY2023: 9.9%

- FY2024: 11.5%

- FY2025: 10.5%

### economics: pass

- Common book per share

- Parent-total proxy for preferred equity and common earnings

- Book value per share + reinvested dividends, annualized return: 8.6%

- Book return interval: 10 years

- Starting book value per share: CAD 29.80

- Ending book value per share: CAD 39.13

Chart: Annual book + dividend return; fiscal year observations.

- FY2017: 10.3%

- FY2018: 8.5%

- FY2019: -18.0%

- FY2020: 36.2%

- FY2021: 14.8%

- FY2022: 5.6%

- FY2023: -0.3%

- FY2024: 16.5%

- FY2025: 9.9%

- LTM to Jun 2026: 10.4%

### management: pass

- Common book per share

- Parent-total proxy for preferred equity

- Diluted shares, 10-year annual growth: 3.4%

- Diluted shares, 5-year annual growth: -1.0%

- Share growth excluding flagged crisis recapitalisations: 3.4%

- Five-year share growth excluding flagged crisis recapitalisations: -1.0%

- Flagged crisis recapitalisations: 0

- Book created / earnings retained after dividends and buybacks: 2.56×

- Book value created per share: CAD 7.57

- Earnings retained per share after dividends and buybacks: CAD 2.96

Chart: Shares (first year = 100); fiscal year observations.

- FY2015: 100

- FY2016: 100

- FY2017: 100

- FY2018: 100

- FY2019: 121

- FY2020: 146

- FY2021: 147

- FY2022: 145

- FY2023: 143

- FY2024: 140

- FY2025: 139

### accounting: pass

- Financial accounting warning count: 0

- Known restatement years: 0

## Holders

## Price story

The price is 1.6 times annual sales · net income +4.5%

Story as of 2026-10-16T09:59:58.919Z; price observation 2026-10-15.

The price is 1.6 times annual sales

### Net income · FY2026

net income +4.5%; source https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/; observed 2026-10-16.

- FY2017: CAD 1.3B 

- FY2018: CAD 1.3B 

- FY2019: CAD 1.1B 

- FY2020: CAD 2.0B 

- FY2021: CAD 2.9B 

- FY2022: CAD 1.9B 

- FY2023: CAD 2.2B 

- FY2024: CAD 2.7B 

- FY2025: CAD 2.6B 

- FY2026: CAD 2.7B 

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in insurance life; annual sales are CAD 37.6 billion.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16T07:34:03.655Z); FY2025: revenue 37649000000.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); POW.TO: Power Corporation of Canada, an international management and holding company, provides financial services in North America, Europe, and Asia. The company operates through Lifeco, IGM Financial, and GBL segments. It offers life, health and dental, disability, critical illness, and creditor insurance, as well as reinsurance products; retirement and wealth management solutions, including annuities and segregated funds; and pension and investment products to individuals and small business owners. The company is also involved in wealth and asset management for supporting financial advisors; listed and private investments, and alternative assets and third-party asset management; and fintech investments. Power Corporation of Canada was incorporated in 1925 and is based in Montreal, Canada.

### Why customers stay

It earns 8.9% on shareholders’ money, excluding intangible assets.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16T07:34:03.655Z); 10-year return on tangible equity observations [[2016,0.07804385458742066],[2017,0.08799178925761204],[2018,0.08513030824183093],[2019,0.07817129956257937],[2020,0.08979150718241996],[2021,0.11984880233370311],[2022,0.0796386495150077],[2023,0.09912839272004696],[2024,0.11486599664991624],[2025,0.1052717747216765]]; median 0.088891648220016. ROIC follows the displayed moat series; financial companies use return on tangible equity.

### Where the cash goes

Paid dividends in 10 of 10 years; bought back CAD 1.9 billion of shares.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16T07:34:03.655Z); Dividend observations: [[2016,662000000],[2017,706000000],[2018,752000000],[2019,747000000],[2020,1133000000],[2021,1263000000],[2022,1383000000],[2023,1426000000],[2024,1489000000],[2025,1593000000]]. Zero only counted when supported by a complete cash-flow statement.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16T07:34:03.655Z); FY2025: cash repurchases 1890000000 CAD.

### Are managers owners

Insiders own 0.5% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); POW.TO SharesStats.PercentInsiders = 0.542 percentage points; cache date 2026-10-16.

### What the price says

The price is 1.6 times annual sales.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16T07:34:03.655Z); Closing price 93.54 CAD; reporting-to-trading FX 1; FY2025 annual sales per share 58.24412128712871; price multiple 1.6059989906770433. FY2025 cash earnings/share 3.6905391148766995. Closing-price date 2026-10-15.

## Monthly share-price history (CAD per share)

- 2016-10: CAD 28.77 per share

- 2016-11: CAD 30.00 per share

- 2016-12: CAD 30.05 per share

- 2017-01: CAD 30.53 per share

- 2017-02: CAD 30.90 per share

- 2017-03: CAD 31.24 per share

- 2017-04: CAD 31.63 per share

- 2017-05: CAD 28.82 per share

- 2017-06: CAD 29.58 per share

- 2017-07: CAD 30.32 per share

- 2017-08: CAD 30.52 per share

- 2017-09: CAD 31.71 per share

- 2017-10: CAD 33.08 per share

- 2017-11: CAD 32.69 per share

- 2017-12: CAD 32.37 per share

- 2018-01: CAD 31.39 per share

- 2018-02: CAD 30.41 per share

- 2018-03: CAD 29.40 per share

- 2018-04: CAD 30.51 per share

- 2018-05: CAD 30.21 per share

- 2018-06: CAD 29.44 per share

- 2018-07: CAD 29.59 per share

- 2018-08: CAD 29.25 per share

- 2018-09: CAD 28.06 per share

- 2018-10: CAD 27.18 per share

- 2018-11: CAD 26.50 per share

- 2018-12: CAD 24.53 per share

- 2019-01: CAD 26.12 per share

- 2019-02: CAD 28.09 per share

- 2019-03: CAD 31.16 per share

- 2019-04: CAD 30.74 per share

- 2019-05: CAD 28.49 per share

- 2019-06: CAD 28.21 per share

- 2019-07: CAD 27.98 per share

- 2019-08: CAD 28.07 per share

- 2019-09: CAD 30.52 per share

- 2019-10: CAD 30.48 per share

- 2019-11: CAD 32.24 per share

- 2019-12: CAD 33.45 per share

- 2020-01: CAD 33.02 per share

- 2020-02: CAD 29.67 per share

- 2020-03: CAD 22.64 per share

- 2020-04: CAD 22.26 per share

- 2020-05: CAD 22.41 per share

- 2020-06: CAD 23.88 per share

- 2020-07: CAD 23.77 per share

- 2020-08: CAD 26.04 per share

- 2020-09: CAD 26.09 per share

- 2020-10: CAD 25.37 per share

- 2020-11: CAD 29.24 per share

- 2020-12: CAD 29.23 per share

- 2021-01: CAD 29.77 per share

- 2021-02: CAD 30.68 per share

- 2021-03: CAD 33.03 per share

- 2021-04: CAD 35.80 per share

- 2021-05: CAD 39.35 per share

- 2021-06: CAD 39.18 per share

- 2021-07: CAD 39.82 per share

- 2021-08: CAD 43.54 per share

- 2021-09: CAD 41.75 per share

- 2021-10: CAD 41.22 per share

- 2021-11: CAD 41.21 per share

- 2021-12: CAD 41.80 per share

- 2022-01: CAD 40.86 per share

- 2022-02: CAD 39.09 per share

- 2022-03: CAD 38.70 per share

- 2022-04: CAD 37.80 per share

- 2022-05: CAD 36.53 per share

- 2022-06: CAD 33.12 per share

- 2022-07: CAD 34.80 per share

- 2022-08: CAD 33.77 per share

- 2022-09: CAD 31.13 per share

- 2022-10: CAD 33.83 per share

- 2022-11: CAD 33.84 per share

- 2022-12: CAD 31.85 per share

- 2023-01: CAD 36.09 per share

- 2023-02: CAD 36.42 per share

- 2023-03: CAD 34.54 per share

- 2023-04: CAD 36.29 per share

- 2023-05: CAD 35.14 per share

- 2023-06: CAD 35.66 per share

- 2023-07: CAD 37.36 per share

- 2023-08: CAD 36.90 per share

- 2023-09: CAD 34.58 per share

- 2023-10: CAD 33.41 per share

- 2023-11: CAD 37.55 per share

- 2023-12: CAD 37.89 per share

- 2024-01: CAD 39.19 per share

- 2024-02: CAD 39.21 per share

- 2024-03: CAD 37.98 per share

- 2024-04: CAD 36.68 per share

- 2024-05: CAD 39.57 per share

- 2024-06: CAD 38.02 per share

- 2024-07: CAD 39.96 per share

- 2024-08: CAD 41.37 per share

- 2024-09: CAD 42.66 per share

- 2024-10: CAD 44.01 per share

- 2024-11: CAD 47.16 per share

- 2024-12: CAD 44.84 per share

- 2025-01: CAD 44.05 per share

- 2025-02: CAD 49.10 per share

- 2025-03: CAD 50.88 per share

- 2025-04: CAD 52.18 per share

- 2025-05: CAD 53.11 per share

- 2025-06: CAD 53.19 per share

- 2025-07: CAD 55.84 per share

- 2025-08: CAD 58.13 per share

- 2025-09: CAD 60.22 per share

- 2025-10: CAD 65.70 per share

- 2025-11: CAD 71.15 per share

- 2025-12: CAD 72.95 per share

- 2026-01: CAD 68.67 per share

- 2026-02: CAD 68.52 per share

- 2026-03: CAD 66.97 per share

- 2026-04: CAD 75.78 per share

- 2026-05: CAD 83.33 per share

- 2026-06: CAD 88.42 per share

- 2026-07: CAD 95.80 per share

- 2026-08: CAD 91.84 per share

- 2026-09: CAD 90.03 per share

- 2026-10: CAD 90.42 per share

## Annual estimated value (CAD per share)

- FY2020: low CAD 2.16 per share, central CAD 2.52 per share, high CAD 3.03 per share

- FY2021: low CAD 4.11 per share, central CAD 4.81 per share, high CAD 5.79 per share

- FY2022: low CAD 1.54 per share, central CAD 1.69 per share, high CAD 1.88 per share

- FY2023: low CAD 1.36 per share, central CAD 1.50 per share, high CAD 1.67 per share

- FY2024: low CAD 7.77 per share, central CAD 8.55 per share, high CAD 9.50 per share

- FY2025: low CAD 5.41 per share, central CAD 6.76 per share, high CAD 9.01 per share

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

Prior published observations retained from 2026-10-15T06:39:51.563Z where newer inputs omit a numeric field or fiscal period.

## Sources

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.

Power Corporation Of Canada

POW · TO

S&P/TSX 60

Not a wonderful business

1 quality test fails. A lower price would not fix the business.

Share price: CAD 93.54
Buy up to: CAD 19.57
Expected / yr: 6.8% at today's price (10.0% at central value)

The business

How it makes money
Why customers stay
Where the cash goes
Are managers owners
What the price says

1. Is this a good business?

Evidence only; not required for Buy

Profits were positive in 10 years (at least 8 needed).

Net income

10y median: CAD 2.0B
Worst year: CAD 1.1B
Latest · 2025: CAD 2.6B

Earned a median 8.9% on equity (minimum 10%).

Return on common equity

10y median: 8.9%
Worst year: 7.8%
Latest · 2025: 10.5%

Book value plus dividends grew 8.6% a year (minimum 7%).

Annual book + dividend return

10y median: 10.1%
Worst year: -18.0%
Latest · LTM: 10.4%

Ordinary share growth was 3.4% over the full period and -1% over five years (either must be at most 2% a year).

Shares (first year = 100)

11y median: 139
Worst year: 147
Latest · 2025: 139

0 accounting warnings were found (none allowed).

accounting warnings: 0
Passing bar: ≤ 0

Profit record · pass 0 loss years in 10 (at most 2), three-year average earnings per share 3.83 CAD.

2. Is the price low enough?

PriceEstimated rangeBuy price

2016-10 · Price CAD 28.77; 2016-11 · Price CAD 30.00; 2016-12 · Price CAD 30.05; 2017-01 · Price CAD 30.53; 2017-02 · Price CAD 30.90; 2017-03 · Price CAD 31.24; 2017-04 · Price CAD 31.63; 2017-05 · Price CAD 28.82; 2017-06 · Price CAD 29.58; 2017-07 · Price CAD 30.32; 2017-08 · Price CAD 30.52; 2017-09 · Price CAD 31.71; 2017-10 · Price CAD 33.08; 2017-11 · Price CAD 32.69; 2017-12 · Price CAD 32.37; 2018-01 · Price CAD 31.39; 2018-02 · Price CAD 30.41; 2018-03 · Price CAD 29.40; 2018-04 · Price CAD 30.51; 2018-05 · Price CAD 30.21; 2018-06 · Price CAD 29.44; 2018-07 · Price CAD 29.59; 2018-08 · Price CAD 29.25; 2018-09 · Price CAD 28.06; 2018-10 · Price CAD 27.18; 2018-11 · Price CAD 26.50; 2018-12 · Price CAD 24.53; 2019-01 · Price CAD 26.12; 2019-02 · Price CAD 28.09; 2019-03 · Price CAD 31.16; 2019-04 · Price CAD 30.74; 2019-05 · Price CAD 28.49; 2019-06 · Price CAD 28.21; 2019-07 · Price CAD 27.98; 2019-08 · Price CAD 28.07; 2019-09 · Price CAD 30.52; 2019-10 · Price CAD 30.48; 2019-11 · Price CAD 32.24; 2019-12 · Price CAD 33.45; 2020-01 · Price CAD 33.02 · Value 2.52 · Buy at or below 2.52; 2020-02 · Price CAD 29.67 · Value 2.52 · Buy at or below 2.52; 2020-03 · Price CAD 22.64 · Value 2.52 · Buy at or below 2.52; 2020-04 · Price CAD 22.26 · Value 2.52 · Buy at or below 2.52; 2020-05 · Price CAD 22.41 · Value 2.52 · Buy at or below 2.52; 2020-06 · Price CAD 23.88 · Value 2.52 · Buy at or below 2.52; 2020-07 · Price CAD 23.77 · Value 2.52 · Buy at or below 2.52; 2020-08 · Price CAD 26.04 · Value 2.52 · Buy at or below 2.52; 2020-09 · Price CAD 26.09 · Value 2.52 · Buy at or below 2.52; 2020-10 · Price CAD 25.37 · Value 2.52 · Buy at or below 2.52; 2020-11 · Price CAD 29.24 · Value 2.52 · Buy at or below 2.52; 2020-12 · Price CAD 29.23 · Value 2.52 · Buy at or below 2.52; 2021-01 · Price CAD 29.77 · Value 2.52 · Buy at or below 2.52; 2021-02 · Price CAD 30.68 · Value 4.81 · Buy at or below 4.81; 2021-03 · Price CAD 33.03 · Value 4.81 · Buy at or below 4.81; 2021-04 · Price CAD 35.80 · Value 4.81 · Buy at or below 4.81; 2021-05 · Price CAD 39.35 · Value 4.81 · Buy at or below 4.81; 2021-06 · Price CAD 39.18 · Value 4.81 · Buy at or below 4.81; 2021-07 · Price CAD 39.82 · Value 4.81 · Buy at or below 4.81; 2021-08 · Price CAD 43.54 · Value 4.81 · Buy at or below 4.81; 2021-09 · Price CAD 41.75 · Value 4.81 · Buy at or below 4.81; 2021-10 · Price CAD 41.22 · Value 4.81 · Buy at or below 4.81; 2021-11 · Price CAD 41.21 · Value 4.81 · Buy at or below 4.81; 2021-12 · Price CAD 41.80 · Value 4.81 · Buy at or below 4.81; 2022-01 · Price CAD 40.86 · Value 4.81 · Buy at or below 4.81; 2022-02 · Price CAD 39.09 · Value 1.69 · Buy at or below 1.69; 2022-03 · Price CAD 38.70 · Value 1.69 · Buy at or below 1.69; 2022-04 · Price CAD 37.80 · Value 1.69 · Buy at or below 1.69; 2022-05 · Price CAD 36.53 · Value 1.69 · Buy at or below 1.69; 2022-06 · Price CAD 33.12 · Value 1.69 · Buy at or below 1.69; 2022-07 · Price CAD 34.80 · Value 1.69 · Buy at or below 1.69; 2022-08 · Price CAD 33.77 · Value 1.69 · Buy at or below 1.69; 2022-09 · Price CAD 31.13 · Value 1.69 · Buy at or below 1.69; 2022-10 · Price CAD 33.83 · Value 1.69 · Buy at or below 1.69; 2022-11 · Price CAD 33.84 · Value 1.69 · Buy at or below 1.69; 2022-12 · Price CAD 31.85 · Value 1.69 · Buy at or below 1.69; 2023-01 · Price CAD 36.09 · Value 1.69 · Buy at or below 1.69; 2023-02 · Price CAD 36.42 · Value 1.50 · Buy at or below 1.50; 2023-03 · Price CAD 34.54 · Value 1.50 · Buy at or below 1.50; 2023-04 · Price CAD 36.29 · Value 1.50 · Buy at or below 1.50; 2023-05 · Price CAD 35.14 · Value 1.50 · Buy at or below 1.50; 2023-06 · Price CAD 35.66 · Value 1.50 · Buy at or below 1.50; 2023-07 · Price CAD 37.36 · Value 1.50 · Buy at or below 1.50; 2023-08 · Price CAD 36.90 · Value 1.50 · Buy at or below 1.50; 2023-09 · Price CAD 34.58 · Value 1.50 · Buy at or below 1.50; 2023-10 · Price CAD 33.41 · Value 1.50 · Buy at or below 1.50; 2023-11 · Price CAD 37.55 · Value 1.50 · Buy at or below 1.50; 2023-12 · Price CAD 37.89 · Value 1.50 · Buy at or below 1.50; 2024-01 · Price CAD 39.19 · Value 1.50 · Buy at or below 1.50; 2024-02 · Price CAD 39.21 · Value 8.55 · Buy at or below 8.55; 2024-03 · Price CAD 37.98 · Value 8.55 · Buy at or below 8.55; 2024-04 · Price CAD 36.68 · Value 8.55 · Buy at or below 8.55; 2024-05 · Price CAD 39.57 · Value 8.55 · Buy at or below 8.55; 2024-06 · Price CAD 38.02 · Value 8.55 · Buy at or below 8.55; 2024-07 · Price CAD 39.96 · Value 8.55 · Buy at or below 8.55; 2024-08 · Price CAD 41.37 · Value 8.55 · Buy at or below 8.55; 2024-09 · Price CAD 42.66 · Value 8.55 · Buy at or below 8.55; 2024-10 · Price CAD 44.01 · Value 8.55 · Buy at or below 8.55; 2024-11 · Price CAD 47.16 · Value 8.55 · Buy at or below 8.55; 2024-12 · Price CAD 44.84 · Value 8.55 · Buy at or below 8.55; 2025-01 · Price CAD 44.05 · Value 8.55 · Buy at or below 8.55; 2025-02 · Price CAD 49.10 · Value 6.76 · Buy at or below 6.76; 2025-03 · Price CAD 50.88 · Value 6.76 · Buy at or below 6.76; 2025-04 · Price CAD 52.18 · Value 6.76 · Buy at or below 6.76; 2025-05 · Price CAD 53.11 · Value 6.76 · Buy at or below 6.76; 2025-06 · Price CAD 53.19 · Value 6.76 · Buy at or below 6.76; 2025-07 · Price CAD 55.84 · Value 6.76 · Buy at or below 6.76; 2025-08 · Price CAD 58.13 · Value 6.76 · Buy at or below 6.76; 2025-09 · Price CAD 60.22 · Value 6.76 · Buy at or below 6.76; 2025-10 · Price CAD 65.70 · Value 6.76 · Buy at or below 6.76; 2025-11 · Price CAD 71.15 · Value 6.76 · Buy at or below 6.76; 2025-12 · Price CAD 72.95 · Value 6.76 · Buy at or below 6.76; 2026-01 · Price CAD 68.67 · Value 6.76 · Buy at or below 6.76; 2026-02 · Price CAD 68.52 · Value 19.57 · Buy at or below 19.57; 2026-03 · Price CAD 66.97 · Value 19.57 · Buy at or below 19.57; 2026-04 · Price CAD 75.78 · Value 19.57 · Buy at or below 19.57; 2026-05 · Price CAD 83.33 · Value 19.57 · Buy at or below 19.57; 2026-06 · Price CAD 88.42 · Value 19.57 · Buy at or below 19.57; 2026-07 · Price CAD 95.80 · Value 19.57 · Buy at or below 19.57; 2026-08 · Price CAD 91.84 · Value 19.57 · Buy at or below 19.57; 2026-09 · Price CAD 90.03 · Value 19.57 · Buy at or below 19.57; 2026-10 · Price CAD 90.42 · Value 19.57 · Buy at or below 19.57; 2026-10 · Price CAD 93.54 · Value 19.57 · Buy at or below 19.57

CAD per share · annual estimates

Price & return math
Value range	CAD 15.66 – CAD 26.09
Buy at or below	Central value CAD 19.57
Discount to value	1 − 93.54 / 19.57 = -378.0%
Return / year	About 6.8% a year at today's price (required return 10.0%)
Cash-flow inputs	Book CAD 4.89/share; ROE 25.0%; first payout CAD 0.78/share, growing 6.0% perpetually (4× book payout cap applied).
Required return	10.0% / year, earned by construction at the central value

Net incomeCAD 2.7B

Net income

Book / shareCAD 39.13

Book / share

Dividend / shareCAD 2.59

Dividend / share

Return on equity10.5%

Return on equity

Diluted shares642M

Diluted shares

Prices 15 Oct 2026 · FY2025