Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Intact Financial Corp T.IFC

Alternate Symbol(s):  T.IFC.P.A | INTAF | T.IFC.P.C | T.IFC.P.E | T.IFC.P.F | T.IFC.P.G | T.IFC.P.I | IFTPF | T.IFC.P.K | IFCZF | INFFF

Intact Financial Corporation is a Canada-based company, which provides property and casualty (P&C) insurance. The Company's segment includes Canada, US and UK & International. The Canada segment is engaged in the underwriting of automobile, home and business insurance contracts to individuals and businesses in Canada distributed through a network of brokers and directly consumers. The UK & International segment is engaged in underwriting of automobile, home, pet and business insurance contracts to individuals and businesses in the United Kingdom, Europe, Ireland and Middle East, as well as internationally. The Company distributes insurance through a network of affinity partners and brokers or directly to consumers. The US segment is engaged in the underwriting of specialty contracts mainly to small and midsize businesses in the United States. In Canada, the Company distributes insurance under the Intact Insurance brand through a network of brokers.


TSX:IFC - Post by User

Post by tbnorthstaron Feb 10, 2021 4:21pm
265 Views
Post# 32528986

Excellent quarter

Excellent quarterWhat can I say, Intact Financial knocked it out of the park with their latest results. Caught completely off guard by the lack of a dividend raise but from what I can gather, the present regulatory enviornment is frowning on any and all financial institutions raising dividends/share buybacks, in fact the banks have been told no, in no uncertain terms. Intact indicated they will look to bump up the dividend later on in the year, which to me means in the 3rd quarter at the latest. They have ample room based on their numbers to do a 7-10% raise. Stock is a buy on any real weakness in the upcoming months. The market will start to price in the merger fairly soon and IFC's numbers will only get better.
<< Previous
Bullboard Posts
Next >>