Last C$85.16 CAD
Change Today +0.39 / 0.46%
Volume 276.5K
IFC On Other Exchanges
Symbol
Exchange
Toronto
OTC US
Berlin
As of 2:38 PM 01/27/15 All times are local (Market data is delayed by at least 15 minutes).

intact financial corp (IFC) Snapshot

Open
C$84.55
Previous Close
C$84.77
Day High
C$85.38
Day Low
C$84.53
52 Week High
01/23/15 - C$87.49
52 Week Low
02/27/14 - C$65.76
Market Cap
11.2B
Average Volume 10 Days
457.7K
EPS TTM
C$4.89
Shares Outstanding
131.5M
EX-Date
12/11/14
P/E TM
17.4x
Dividend
C$1.92
Dividend Yield
2.26%
Current Stock Chart for INTACT FINANCIAL CORP (IFC)

Related News

No related news articles were found.

intact financial corp (IFC) Related Businessweek News

No Related Businessweek News Found

intact financial corp (IFC) Details

Intact Financial Corporation, through its subsidiaries, provides property and casualty insurance products for individuals, and small and medium sized businesses primarily in Canada. It principally underwrites automobile, home, commercial property, and liability insurance products. The company distributes its products under the Intact Insurance brand through a network of insurance brokers, as well as directly to consumers under the belairdirect, Grey Power, and Jevco brand names. The company was formerly known as ING Canada Inc. and changed its name to Intact Financial Corporation in 2009. Intact Financial Corporation was founded in 1809 and is based in Toronto, Canada.

11,074 Employees
Last Reported Date: 03/28/14
Founded in 1809

intact financial corp (IFC) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: C$849.8K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: C$262.5K
President of Intact Insurance
Total Annual Compensation: C$580.1K
President of Service & Distribution
Total Annual Compensation: C$536.2K
Executive Vice President of Governance & Capi...
Total Annual Compensation: C$504.8K
Compensation as of Fiscal Year 2013.

intact financial corp (IFC) Key Developments

Intact Financial Mulls Acquisitions

Intact Financial Corporation (TSX:IFC) is looking for acquisitions. Intact Financial is continuing to seek large-scale acquisitions of CAD 500 million or more in annual direct premiums written in business lines where it has expertise.

Intact Financial Corporation Declares Dividend on Common Shares and Preferred Shares, Payable on December 31, 2014; Reports Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014

Intact Financial Corporation announced that the board of directors declared a quarterly dividend of 48 cents per share on the company's outstanding common shares. The board of directors also declared a quarterly dividend of 26.25 cents per share on the company's Class A Series 1 and Class A Series 3 preferred shares. The dividends are payable on December 31, 2014 to shareholders of record on December 15, 2014. The company reported consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company reported net operating income of $185 million against $59 million a year ago, up $126 million as a result of a significant improvement in underwriting income despite the continued high cost of catastrophe losses during the quarter. Net income was $202 million against $47 million a year ago. Earnings per share basic and diluted were $1.49 against $0.32 a year ago. Adjusted earnings per share basic and diluted were was $1.55 against $0.39 a year ago. Net operating income per share was $1.37 against $0.41 a year ago. Net investment income of $106 million during the quarter was up 2% from a year ago. For the nine months, the company reported net operating income of $520 million against $357 million a year ago. Net income was $577 million against $324 million a year ago. Earnings per share basic and diluted were $4.27 against $2.33 a year ago. Adjusted earnings per share basic and diluted were was $4.44 against $2.56 a year ago. Net operating income per share was $3.84 against $2.57 a year ago. Book value per share was $36.44 as on September 30, 2014 against $33.25 as on September 30, 2013. The operating ROE for the last twelve months was 14.3% despite incurring $289 million in pre-tax net catastrophe losses during that period. Total net investment income increased 5% to $316 million as a result of the growth in investments and an unusually high level of dividend income in the first quarter, which more than offset declining yields.

Intact Financial Will Continue To Expand In Canada

Chief Executive Officer of Intact Financial Corporation (TSX:IFC), Charles Brindamour said the company will continue to look for organic growth. In Canada, they will look for opportunities in both manufacturing as well as in distribution. Beyond Canada, they will continue to build organic pipeline with meaningful impact in 36 months.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
IFC:CN C$85.05 CAD +0.28

IFC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Admiral Group PLC 1,443 GBp +10.00
Baloise Holding AG SFr.118.70 CHF -0.60
Gjensidige Forsikring ASA 129.80 NOK +0.40
RSA Insurance Group PLC 463.60 GBp -0.90
Tryg A/S kr755.00 DKK -7.00
View Industry Companies
 

Industry Analysis

IFC

Industry Average

Valuation IFC Industry Range
Price/Earnings 15.2x
Price/Sales 1.3x
Price/Book 2.1x
Price/Cash Flow 14.7x
TEV/Sales 1.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact INTACT FINANCIAL CORP, please visit www.intactfc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.