Fiera Capital A (TSE:FSZ) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Fiera Capital Corporation reported growth in assets under management (AUM) to $165.2 billion in Q1 2024, marking a $3.5 billion increase from the previous quarter, driven by strong equity market performance and an uptick in base management fees. The firm’s adjusted EBITDA margin improved to 27%, reflecting a disciplined cost management and revenue growth. Moreover, Fiera Capital is set to distribute a dividend of 21.5 cents per share in June, emphasizing their stable financial standing amidst economic uncertainties.
For further insights into TSE:FSZ stock, check out TipRanks’ Stock Analysis page.
