Olympia Financial Group Inc.
Gearing Up for Expansion Within Canada's Largest Market
Published: 5/14/2024
Author: FRC Analysts
Sector: Financial Services | Industry: Asset Management
Ticker Symbols:
OLY.TO - TSX 🔹
- OLY is up 19% since our initiating report in November 2023, and 5% since our previous update in March 2024.
- In Q1-2024, revenue was up 9% YoY amid higher interest rates, beating our estimate by 3%. EPS was up 10% YoY, but missed our estimate by 3% amid higher G&A expenses. Dividends remained flat QoQ, but increased 57% YoY to $1.80, aligning with our estimate.
