Canaccord Genuity Group Inc. · TSX:CF
Canaccord Genuity — Q3 2026 Earnings Presentation
30 slides from Canaccord Genuity's earnings presentation, Feb 17, 2026
Slide 1: Canaccord Genuity Group Inc. Investor Presentation
Canaccord Genuity Group Inc. Investor Presentation February 2026
Slide 2: Forward looking statements and non-IFRS measures
Forward looking statements and non-IFRS measures This document may contain ‘‘forward-looking statements’’ (as defined under applicable securities laws). These statements relate to future events or future performance and reflect management’s expectations, beliefs, plans, estimates, intentions and sim
Slide 3: About Canaccord Genuity Group Inc.
About Canaccord Genuity Group Inc. Driven to deliver superior outcomes for mid-market companies and investors $1.6 bn $145 bn YTD REVENUE1 CLIENT ASSETS Comprehensive wealth management solutions Leading mid-market provider of investment helping individual investors, private clients and banking, advi
Slide 4: Financial highlights
Financial highlights Q3 fiscal 2026: Three and nine months ended December 31, 2025 Pre-tax Pre-tax Net Revenue1 Diluted EPS1 profit Q3 revenue growth Income1,2 reflects stronger margin1 corporate financing activity across all regions, Q3 Fiscal 2026 $616.1 M $80.5 M $0.36 13.1% led by an exceptional
Slide 5: Defensive revenue mix provides downside protection
Defensive revenue mix provides downside protection Increased contributions from Wealth Management and Advisory have helped to reduce our reliance on underwriting activity, which provides cyclical upside during strong markets for our core focus sectors $2,041 $2,055 $1,993 $1,768 Significantly invest
Slide 6: Investments targeted towards key markets
Investments targeted towards key markets Disciplined focus on growing contributions from global wealth management and capital markets advisory Steadily increasing revenue contributions from wealth management Targeted investments to increase capital markets M&A revenue contributions C$ millions, fisc
Slide 7: Focused on improving expense management to create capacity for investments in growth
Focused on improving expense management to create capacity for investments in growth Disciplined firm-wide cost management supported year-over-year pre-tax profit margin increase to 13.1% from 8.8% $5.0M or 3.2% Y/Y decrease C$ millions Fixed Expenses = $5.1 M Discretionary Expenses = ($1.5) M Reven
Slide 8: Increasing employee ownership supports our partnership culture
Increasing employee ownership supports our partnership culture Independently governed Limited Partnership owned by Excellent progress towards our objective employees • 43.4% of outstanding shares held by senior officers, • Acquired approximately 9.7% of outstanding CF employee LTIP, and the employee
Slide 9: Global Wealth Management
Global Wealth Management Q3/26 revenue growth largely driven by increased commissions & fees, higher investment banking activities in Canada and Australia Q3/26 CLIENT ASSETS 9M/26 REVENUE 9M/26 PRE-TAX NET INCOME1 9M/26 PRE-TAX PROFIT MARGIN1,2 $145 bn $817 M $150 M 18% Total Client Assets - C$ bil
Slide 10: CG Wealth Management: Advancing core growth momentum
CG Wealth Management: Advancing core growth momentum Solid top-line performance as we continue to advance our organic and inorganic growth priorities in all regions 9M/26 As at December 31, 2025 Pre-tax net Pre-tax profit Normalized Revenue Total client assets Fee-based assets Priority growth driver
Slide 11: Canada Wealth Management: Client assets increased 25% year-over-year
Canada Wealth Management: Client assets increased 25% year-over-year Market recovery and recruiting momentum driving continued AUA growth AUA Movement Steadily increasing proportion of fee-generating assets C$ millions, fiscal years ended March 31 C$ millions, fiscal years ended March 31 9M/26 ended
Slide 12: UK Wealth Management AUM Movement
UK Wealth Management AUM Movement Strong market values driving enhanced AUM growth with continued growth in fee-based assets. AUM Movement Fee-Based Assets £ millions, fiscal years ended March 31 C$ millions, fiscal years ended March 31 9M/26 ended December 31 9M/26 ended December 31 $74,616 $69,246
Slide 13: CG Global Wealth Management: Strengthening client assets and earnings contributions
CG Global Wealth Management: Strengthening client assets and earnings contributions On track to create substantial value in this segment INVESTING WITH DISCIPLINE TO ADVANCE OUR LONG-TERM EARNINGS POTENTIAL (Revenue in C$ thousands, F2021 F2022 F2023 F2024 F2025 9M/25 9M/26 AUA/AUM in C$ millions) P
Slide 14: HPS: A strategic and financial partner for our UK wealth management business
HPS: A strategic and financial partner for our UK wealth management business • HPS1 invested £125 million (July 2021) and £65.3 million (May 2022) by way of convertible preferred shares • Management and employees of CGWM UK purchased £7.5 million of preferred shares alongside HPS in July 20212 • As
Slide 15: CG Global Capital Markets: A powerful mid-market competitor
CG Global Capital Markets: A powerful mid-market competitor Diverse revenue streams provide stability and profitability through market cycles 9M/26 REVENUE 9M/26 TRANSACTIONS 9M/26 PROCEEDS RAISED $754 M 348 $48 bn Total Capital Markets Revenue Revenue by Activity C$ millions, Fiscal years ended Mar
Slide 16: CG Global Capital Markets
CG Global Capital Markets Lean and focused platform, capable of driving value for clients in all market environments Excludes significant items1 F2022 F2023 F2024 F2025 9M/25 9M/26 DIFFERENTIATED GLOBAL PLATFORM Revenue $341,453 $148,356 $166,649 $182,966 $145,634 $166,747 Investments to increase M&
Slide 17: CG Global Capital Markets
CG Global Capital Markets Disciplined mid-market focus, differentiated by scale, global capability, and stability Integrated capabilities provide unparalleled Disciplined focus in key growth sectors of the Deep regional expertise, differentiated by aftermarket support and facilitate lasting global e
Slide 18: Disciplined sector focus
Disciplined sector focus Allows us to provide globally integrated services and expertise throughout market cycles COMBINED ADVISORY & UNDERWRITING REVENUE BY SECTOR ALL GEOGRAPHIES – 9M 2026 ALL CANADA U.S AUSTRALIA UK & EUROPE GEOGRAPHIES 22% of 9M/26 42% of 9M/26 24% of 9M/26 12% of 9M/26 Capital
Slide 19: Global Investment Banking
Global Investment Banking 9M/26 Global Investment Banking Revenue by Sector Unparalleled origination and placement capability Consumer 1% • Metals and mining remains most active sector for corporate financing activities, but diversification is improving as equity and IPO issuance in other core secto
Slide 20: Global Advisory
Global Advisory 9M/26 Advisory Revenue by Sector Increased advisory contributions support margin strength in global capital markets Other Life 19% Consumer Sciences • Q3 Firmwide advisory revenue declined by 8.7% YoY as growth in the US was partially offset by decreases in Canada and UK 5% 11% again
Slide 21: Global Distribution and Trading
Global Distribution and Trading Leading independent franchise for best-in-class execution capabilities • Q3 commissions & fees revenue improved by 42.0% y/y to $53.7M on higher client activity levels in all regions • Completed previously announced sale of U.S. wholesale market-making business on Nov
Slide 22: CG Principles of Corporate Social Responsibility and Sustainability
CG Principles of Corporate Social Responsibility and Sustainability ESG approaches to supporting the well-being of our employees, clients and communities Operate with Integrity Respect People and Communities Respect our Planet We are committed to conducting our business in We think locally and globa
Slide 23: CG in the Community
CG in the Community ‘The Greater Boston SEO FOOD) [ UPWITHWOMEN BANKUZ.. cone N A EXPONENTI’ELLES SHON TEST FOOD BANK OPPORTUNITY S) Y sete NN “NS Ronald McDonald ieloret SupReach & | ) eae RRCe Food Banks LL”, |S Schulich Mista Canada FOOD BANK School of Business Together We CAN End Hunger RAINBOW
Slide 24: An Excellent Investment Proposition
(TSX:CF): An Excellent Investment Proposition Driven to create enduring value for our employees, clients and shareholders Management and employees are in Solid balance sheet supports our complete alignment with capacity to invest in future growth shareholders Growing wealth management Increasing con
Slide 25: Analyst coverage
Analyst coverage Ventum Capital Cormark Securities Raymond James TD Securities Inc. Jeff Fenwick Markets Stephen Boland Graham Ryding Rob Goff Canaccord Genuity Group Inc. is followed by the analysts listed above. Please note that any opinions, estimates or forecasts regarding the Company’s performa
Slide 26: Financial highlights
Financial highlights Three and nine months ended December 31, 2025 Page 26
Slide 27: Consolidated results: Three and nine months ended December 31, 2025
Consolidated results: Three and nine months ended December 31, 2025 Improved business mix contributes to earnings stability through market cycles Q/Q Y/Y Y/Y C$ thousands (except per share data and ratios) 1 Q3/26 Q2/26 Q3/25 9M/26 9M/25 Change Change Change Revenue $616,133 $530,420 16.2% $451,335
Slide 28: Global Wealth Management
Global Wealth Management Three and nine months ended December 31, 2025 Wealth Management revenue by region 1 C$ millions, fiscal quarters $304.3 $269.4 $233.4 $238.9 $242.9 Q/Q Y/Y Y/Y $215.9 $216.5 C$ thousands (except percentages and client assets 2) $200.1 Q3/26 Q2/26 Change Q3/25 Change 9M/26 9M
Slide 29: Global Capital Markets
Global Capital Markets Three and nine months ended December 31, 2025 (C$ thousands except Q/Q Y/Y Y/Y percentages) Q3/26 Q2/26 Change Q3/25 Change 9M/26 9M/25 Change Commissions & Fees $53,729 $42,278 27.1% $37,825 42.0% $137,055 $110,412 24.1% Investment banking $154,266 $90,593 70.3% $57,131 170.0
Slide 30: Solid Capital Position
Solid Capital Position Well capitalized for continued investment in our strategic priorities Q3 2026 Q2 2026 C$ millions (except for per share amounts and numb er of shares) % Change (As at December 31, 2025) (As at September 30, 2025) ✓ Solid balance sheet protects our ability to Working Capital(1)
Canaccord Genuity Group — Q3 2026 Earnings Presentation on 6ix