CI Financial Corp (CIXX) Reports Q4 EPS of $0.71

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Go back to CI Financial Corp (CIXX) Reports Q4 EPS of $0.71

CI Financial Reports Fourth Quarter and Annual Financial Results for 2020

February 11, 2021 7:00 AM EST

Adjusted EPS1 reaches record levels of $0.71 for Q4 and $2.45 for 2020 Repurchased 1.8 million shares in Q4 for $29.8 million, and 14.0 million shares in 2020 for $258 million Paid quarterly dividend of $0.18 a share, totalling $37.8 million in Q4 and $155.3 million in 2020 Continued expansion of North American wealth management platform through six acquisitions with $25 billion in assets in Q4; total of 14 acquisitions in 2020 almost doubles wealth assets to $96 billion Total assets increased 19% in Q4 and 27% in 2020 to $231.5 billion Acquisition announced after quarter-end expected to increase U.S. assets to $58 billion, total assets... More