Business
Great-West Lifeco reports record 2025 base earnings; announces dividend increase of 10% and continued share repurchases
Great-West Lifeco Inc. (Lifeco or the Company) today announced its Q4 2025 results.
About this update from Great-west Lifeco Inc.
[{"type":"text","content":"TSX:GWO","length":7,"tagName":"p","attribs":{}},{"type":"table","headerItems":[],"items":[{"val":[{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;FONT-SIZE:8PT;FONT-FAMILY:ARIAL;COLOR:BLACK;MARGIN:0em;","val":[{"type":"text","content":"","length":0,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;FONT-SIZE:8PT;FONT-FAMILY:ARIAL;COLOR:BLACK;MARGIN:0em;","val":[{"type":"text","content":"Great-West Lifeco Inc.'s Quarterly Report to Shareholders for the fourth quarter of 2025, including its Management's Discussion and Analysis (MD&A) and consolidated financial statements for the three and twelve months ended December 31, 2025, are available at greatwestlifeco.com/financial-reports and sedarplus.com. Readers are referred to the Basis of presentation, Cautionary note regarding Forward-Looking Information and Cautionary note regarding Non-GAAP Financial Measures and Ratios sections at the end of this release for additional information on disclosures.","length":591,"tagName":"p","attribs":{}}]}]},{"val":[{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;FONT-SIZE:8PT;FONT-FAMILY:ARIAL;COLOR:BLACK;MARGIN:0em;","val":[{"type":"text","content":"","length":0,"tagName":"p","attribs":{}}]},{"colspan":"1","rowspan":"1","style":"PADDING-RIGHT:0.17em;PADDING-LEFT:0.17em;FONT-SIZE:8PT;FONT-FAMILY:ARIAL;COLOR:BLACK;MARGIN:0em;","val":[{"type":"text","content":"All figures are expressed in millions of Canadian dollars, unless otherwise noted.","length":82,"tagName":"p","attribs":{}}]}]}],"length":674},{"type":"list","items":[{"val":[{"type":"text","content":"Base earnings of $1.2 billion, or $1.36 per share, up 12% from Q4 2024; full year base earnings of $4.6 billion, or $5.03 per share, up 11% and 12%, respectively from 2024","length":171,"tagName":"p"}]},{"val":[{"type":"text","content":"Net earnings of $1.0 billion, or $1.15 per share, decreased by 6% from Q4 2024; full year net earnings from continuing operations of $4.0 billion, or $4.29 per share, down 1% and largely flat, respectively versus 2024","length":217,"tagName":"p"}]},{"val":[{"type":"text","content":"Base ROE of 18.2% and ROE of 15.5%","length":34,"tagName":"p"}]},{"val":[{"type":"text","content":"LICAT ratio of 128% and Lifeco cash of $2.1 ...