CI Financial Corp (CIXX) Reports Q1 EPS of CAD $0.85

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Go back to CI Financial Corp (CIXX) Reports Q1 EPS of CAD $0.85

CI Financial Reports Financial Results for the First Quarter of 2022

May 12, 2022 7:00 AM EDT

Diluted EPS of $0.70 or adjusted EPS1 of $0.85 Pre-tax income of $186 million, adjusted EBITDA1 of $273 million Operating cash flow of $207 million, record free cash flow1 of $201 million or $1.02 per share Total assets of $361 billion, a year-over-year increase of 54% Net flow positive as a company on the strength of U.S. and Canadian wealth management Reached agreements to acquire three RIAs with over $21 billion in combined assets Expanded Canadian ultra-high-net-worth wealth management with... More