Canaccord Genuity Group Inc (TSX:CF.PR.C.PFD)
C$ 22.78 (0%) Market Cap: - Enterprise Value: -1.27 Bil PE Ratio: 0 PB Ratio: 1.36 GF Score: 75/100
Back to the Transcripts List

Q3 2025 Canaccord Genuity Group Inc Earnings Call Transcript

Feb 5, 2025 / 01:00 PM GMT
Release Date Price: C$22.8 (+2.29%)

Key Points

Positve
  • Firm-wide revenue increased by 16% year over year, reaching $451 million for the quarter.
  • Wealth management businesses contributed significantly, accounting for 76% of adjusted earnings per share for the third quarter.
  • Client assets in the wealth management division reached a record $115 billion, a 16% increase year over year.
  • The UK wealth management business achieved record quarterly revenue of $116 million, up 14% year over year.
  • Australian wealth management business reported record quarterly revenue of $21 million, a 31% increase year over year.
Negative
  • Adjusted pre-tax net income decreased by 11% year over year, despite revenue growth.
  • Profitability was impacted by elevated non-compensation expenses, including new office costs and regulatory provisions.
  • The US business faced ongoing expenses related to an enforcement matter, affecting profitability.
  • Advisory revenue in the US declined by 28% year over year due to the timing of deal completions.
  • There was a notable increase in trading expenses, which rose in line with trading revenue.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

CF.TO - Canaccord Genuity Group Inc
Q3 2025 Canaccord Genuity Group Inc Earnings Call
Feb 05, 2025 / 01:00PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning. Ladies and gentlemen, thank you for standing by. I'd like to welcome everyone to the Canaccord Genuity Group Inc fiscal 2025 3rd quarter results conference call, all lines have been placed on mute to prevent any background noise. Following the speaker's remarks. There will be a question and answer session. If you would like to ask a question during this time, simply press star and the number one on your telephone keypad. If you would like to withdraw your question, please press star two.

If you have any difficulties hearing the conference, please press star then zero for the operator at any time. As a reminder, this conference call is being broadcast live online and recorded. I would now like to turn
Already have an account? Log in
Get the full story
Start 7-Day Free Trial
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot
Research Tools
All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Discussion Board
Product
Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App 中文
Education
Financial Glossary Tutorials FAQ Schedule Free Session Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation
Company
About GuruFocus Career Contact Us Advertise Site Map Term of Use Privacy Policy Referral Program Partner Program
Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey
Follow Us
download GuruFocus on Apple store download GuruFocus on Google Play
Disclaimers
GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.
© 2004-2025 GuruFocus.com, LLC. All Rights Reserved.