DEFINITY FINANCIAL CORP. Aktie

Definity Financial reported Q1 2026 EPS of CAD 0.97 and revenue of CAD 1.41 billion, beating expectations. The integration of Travelers Canada contributed to strong premium and earnings growth, and the operating net result rose significantly. The stock gained 6.51% in after‑hours trading and the company raised its guidance for net investment income and its 2026 target for written gross premiums. » Más en de.investing.com

Definity Financial reported Q1 2026 earnings per share of CAD 0.97 (forecast CAD 0.875) and revenue of CAD 1.41 billion (forecast CAD 1.4 billion). Growth was driven largely by the acquisition of Travelers Canada and by organic growth; written gross premiums rose 35.4% to CAD 1.4 billion. The company reaffirmed its full-year guidance of CAD 6.5 billion in written gross premiums. Following the results, the stock rose about 3% and the integration of Travelers Canada is progressing faster than planned. » Más en de.investing.com

Definity reported operating earnings per share of 0.99 USD for Q4 2025 (expectation 0.92 USD), booked gross written premiums of 1.2 billion USD and a combined ratio of 89.9%. For 2025, GWP stood at 4.8 billion USD and book value per share rose 16% to 33.78 USD. The acquisition of Travelers adds around 1.5 billion USD of premiums and increases pro‑forma GWP to about 6.3 billion USD; the transaction was financed with 1.9 billion USD of surplus capital, 0.4 billion USD of equity and 1.4 billion USD of debt. Definity expects synergies of over 100 million USD within 36 months, is targeting GWP of >6.5 billion USD for 2026, a combined ratio <95%, and raised the quarterly dividend by 14.7% to 0.215 USD. » Más en de.investing.com