Ci Financial Corp. (TSE:CIX) has released an update.
CI Financial Corp. showcased a strong first quarter in 2024 with a new high in total assets at $474.2 billion, reflecting an 18.6% year-over-year growth. The company reported robust financials including a record adjusted diluted EPS of $0.86 and significant capital return to shareholders through dividends and a substantial issuer bid repurchasing 4.9 million shares. This financial momentum is attributed to growth across all segments, notably a 7.9% increase in adjusted EBITDA from the U.S. wealth management division.
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