CI Financial (TSX:CIX) Retained Earnings : C$-1,114 Mil (As of Mar. 2025)

View and export this data going back to 1994. Start your Free Trial

What is CI Financial Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CI Financial's retained earnings for the quarter that ended in Mar. 2025 was C$-1,114 Mil.

CI Financial's quarterly retained earnings declined from Sep. 2024 (C$-628 Mil) to Dec. 2024 (C$-1,106 Mil) and declined from Dec. 2024 (C$-1,106 Mil) to Mar. 2025 (C$-1,114 Mil).

CI Financial's annual retained earnings declined from Dec. 2022 (C$-161 Mil) to Dec. 2023 (C$-454 Mil) and declined from Dec. 2023 (C$-454 Mil) to Dec. 2024 (C$-1,106 Mil).

CI Financial Retained Earnings Historical Data

The historical data trend for CI Financial's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CI Financial Retained Earnings Chart

CI Financial Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

Get a 7-Day Free Trial

-287.62

-226.72

-160.57

-454.44

-1,105.65

CI Financial Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Retained Earnings	Get a 7-Day Free Trial															-640.23	-532.62	-627.76	-1,105.65	-1,114.37

CI Financial Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

CI Financial (TSX:CIX) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

CI Financial Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » CI Financial Corp (TSX:CIX) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

CIXXF:USA CF7:Germany

Address

15 York Street, 2nd Floor, Legal Department, Toronto, ON, CAN, M5J 0A3

Website

https://www.cifinancial.com

CI Financial is a provider of asset- and wealth-management products and services. The company has a decent share in the Canadian fund market (fifth behind Royal Bank of Canada, Toronto-Dominion, IGM Financial, and Fidelity at the end of last year) and remains the second-largest non-bank-affiliated asset manager in the Canadian market, with CAD 135.4 billion in assets under management (including CAD 36.0 billion in AUM managed for its CI Assante Wealth Management, CI Private Counsel, and Aligned Capital Partners subsidiaries) at the end of September. The firm also had CAD 350.7 billion in assets under advisement (including CAD 250.6 billion from its US wealth-management operations and CAD 100.1 billion from its Canadian wealth-management partners) and CAD 31.9 billion in custody assets.

Executives

Brigette Elizabeth Chang	Director
Paul Perrow	Director
William Thomas Holland	Director
Yvette Zhang	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Hoi Sha Elsa Li	Director or Senior Officer of 10% Security Holder
Jennifer Francine Sinopoli	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Manisha Burman	Senior Officer
Darie Urbanky	Senior Officer
Amarjit Kaur Anderson	Senior Officer
Julie Lynn Silcox	Senior Officer
Kurt Macalpine	Director, Senior Officer
Christopher James Enright	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Sean Andrew Etherington	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Marc-andre Lewis	Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Amit Muni	Senior Officer