CI Financial Corp (OTCPK:CIXXF)
$ 22.073 0.063 (0.29%) Market Cap: 3.17 Bil Enterprise Value: 5.94 Bil PE Ratio: 0 PB Ratio: 5.52 GF Score: 78/100
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Q3 2023 CI Financial Corp Earnings Call Transcript

Nov 09, 2023 / 02:00PM GMT
Release Date Price: $10.21 (+3.61%)
Operator

Good morning. Thank you for attending today's CI Financial Third Quarter 2023 Earnings Call. My name is Megan, and I'll be your moderator for today's call. (Operator Instructions) I would now like to pass the conference over to Kurt MacAlpine, CEO of CI Financial.

Kurt MacAlpine
CI Financial Corp. - CEO & Director

Good morning, everyone, and welcome to CI Financial's Third Quarter Earnings Call. Joining me is our CFO, Amit Muni. Together, we will cover the following: an overview of the highlights of the quarter, a review of our financial performance during the quarter, a discussion on some of the key fundamental drivers of our business, then we'll take your questions.

Our adjusted EPS of $0.81 is up 7% sequentially, reflecting the growth of our U.S. Wealth Business, growing contributions from our Canadian Wealth Management business and the benefits from the capital, we deployed following the sale of a minority stake in our U.S. business. This growth was partially offset by a higher noncontrolling interest.

Adjusted EBITDA per share

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