Canaccord Genuity Group Inc. · TSX:CF
Canaccord Genuity — Investor Presentation (June 2025)
30 slides from Canaccord Genuity's investor presentation, June 2025
Slide 1: Canaccord Genuity Group Inc. Investor Presentation
Canaccord Genuity Group Inc. Investor Presentation June 2025
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 $1.8 bn $120 bn REVENUE1 CLIENT ASSETS Comprehensive wealth management solutions Leading mid-market provider of investment $37 bn 355 helping individual investors, private clients and bankin
Slide 4: Financial highlights
Financial highlights Three and twelve months ended March 31, 2025 Pre-tax Pre-tax Net Revenue1 Diluted EPS1 profit Income1,2 margin1 Q4 Fiscal 2025 $460.0 M $32.2 M $0.12 7.0% 3 months ended +12.4% y/y -17.5 % y/y -20.0% y/y -2.5 p.p. y/y March 31 Fiscal 2025 ended $1.8 bn $149.1 M $0.61 8.4% March
Slide 5: Defensive revenue mix provides downside protection
Defensive revenue mix provides downside protection Increased contributions from Wealth Management and Advisory have helped to reduce our reliance on underwriting activity Significantly invested in growing our wealth management businesses in Canada, the UK and Australia; advancing organic and inorg
Slide 6: Investments targeted towards key markets
Investments targeted towards key markets Disciplined focus on growing contributions from global wealth management and capital markets advisory Steadily increasing revenue contributions from wealth management Targeted investments to increase capital markets M&A revenue contributions C$ 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 24% of year-over-year increase attributable to discretionary expenses $93M or 19% Y/Y increase C$ millions Fixed Expenses $35.1M Discretionary Expenses $22.5M Revenue/Investment Driven $35.3M $11.6 $10.0 $580.9 $13.
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 • 42.3% 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 An important source of earnings power and stability in difficult markets FY/25 CLIENT ASSETS FY/25 REVENUE FY/25 PRE-TAX NET INCOME1 FY/25 PRE-TAX PROFIT MARGIN1,2 $120 bn $905 M $149 M 17% Total Client Assets - C$ billions, Total Wealth Management Revenue Pre-tax net income
Slide 10: CG Wealth Management: Advancing core growth momentum
CG Wealth Management: Advancing core growth momentum Fiscal 2025 profitability was modestly impacted by increased interest and development costs in connection with our growth priorities Fiscal 2025 As at March 31, 2025 Pre-tax net Pre-tax profit Normalized Revenue Total client assets Fee-based asset
Slide 11: Canada Wealth Management: Client assets increased 11% year-over-year
Canada Wealth Management: Client assets increased 11% year-over-year Recruiting efforts complemented by stronger organic inflows AUA Movement Steadily increasing proportion of fee-generating assets C$ millions, fiscal years ended March 31 C$ millions, fiscal years ended March 31 Net inflows = 6.9% o
Slide 12: UK Wealth Management AUM Movement
UK Wealth Management AUM Movement AUM Movement Fee-Based Assets £37,249 £ millions, fiscal years ended March 31 C$ millions, fiscal years ended March 31 $69,246 Net inflows = 11.2 % of opening AUM $59,084 £2,062 £37,249 +10.3% -0.9% £35,187 1 $55,101 $52,298 $52,830 +0.9% £31,883 13% $39,879 5-year
Slide 13: CG Global Wealth Management: Strengthening client assets and earnings contributions
CG Global Wealth Management: Strengthening client assets and earnings contributions On track to create substantial value in this segment INVESTING WITH DISCIPLINE TO ADVANCE OUR LONG-TERM EARNINGS POTENTIAL (Revenue in C$ thousands, F2020 F2021 F2022 F2023 F2024 F2025 AUA/AUM in C$ millions) Pursuin
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 £125million (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 a
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 FY/25 REVENUE FY/25 TRANSACTIONS FY/25 PROCEEDS RAISED $831 M 355 $37 bn Total Capital Markets Revenue Revenue by Activity C$ millions, Fiscal years ended Mar
Slide 16: CG Global Capital Markets: Increasing momentum
CG Global Capital Markets: Increasing momentum Lean and focused platform, capable of driving value for clients in all market environments Excludes significant items1 F2021 F2022 F2023 F2024 F2025 DIFFERENTIATED GLOBAL PLATFORM Revenue $443,444 $341,453 $148,356 $166,649 $182,966 Investments to incre
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 – FY/2025 ALL CANADA U.S AUSTRALIA UK & EUROPE GEOGRAPHIES 22% of FY/25 51% of FY/25 12% of FY/25 15% of FY/25 Capital
Slide 19: Global Investment Banking
Global Investment Banking FY/25 Global Investment Banking Revenue by Sector Unparalleled origination and placement capability Consumer 3% • FY/25 Investment Banking revenue improved by 43.9% y/y • Agility allows us to harness leadership in emerging and high-growth segments while maintaining Metals &
Slide 20: Global Advisory
Global Advisory FY/25 Advisory Revenue by Sector Increased contributions support margin strength Other 20% Life Consumer Sciences • FY/25 Advisory revenue increased 32.7% y/y reflecting improving environment for 10% 8% completions Metals & Mining • Debt Finance & Restructuring specialists provide st
Slide 21: Global Distribution and Trading
Global Distribution and Trading Leading independent franchise for best-in-class execution capabilities • Geographically broad and deep relationships covering 2,500+ institutions • Range of multi-asset capabilities (cash equities, fixed income, electronic trading, options, risk arbitrage) • Market ma
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 BANKIPA. LONDON [7] yewerawowsy,, eg FOOD BANK OPPORTUNITY Va SECOND N > upReach } ‘onald McDonald fA HARVEST + cL Sac ity louse Charities’ Food Banks wr SEEDENTS tral ‘. stalin ‘CENTRALOKANAGAN ‘OF METROLINA Schulich Canada School of Business FOOD BA
Slide 24: (TSX:CF): 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 Strong balance sheet supports our complete alignment with capacity to invest in future growth shareholders Growing wealth management Increasing co
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 twelve months ended March 31, 2025 Page 26
Slide 27: Consolidated results: Three and twelve months ended March 31, 2025
Consolidated results: Three and twelve months ended March 31, 2025 Improved business mix contributes to earnings stability through market cycles Y/Y Y/Y C$ thousands (except per share data)1 Q4/25 Q3/25 Q/Q Change Q4/24 F/25 F/24 Change Change Revenue $460,016 $451,335 1.9% $409,278 12.4% $1,767,931
Slide 28: Global Wealth Management
Global Wealth Management Three and twelve months ended March 31, 2025 Wealth Management revenue by region1 Q/Q Y/Y Y/Y 2 C$ thousands (except percentages and client assets ) C$ millions, fiscal quarters Q4/25 Q3/25 Change Q4/24 Change F/25 F/24 Change $233.4 $238.9 $215.9 $216.5 Revenue - Canada $10
Slide 29: Global Capital Markets
Global Capital Markets Three and twelve months ended March 31, 2025 (C$ thousands except Q/Q Y/Y Y/Y percentages) Q4/25 Q3/25 Change Q4/24 Change F/25 F/24 Change Commissions & Fees $41,989 $37,825 11.0% $43,182 -2.8% $152,401 $161,533 -5.7% Capital Markets Revenue by region C$ millions, fiscal quar
Slide 30: Solid Capital Position
Solid Capital Position Well capitalized for continued investment in our strategic priorities Fiscal 2025 Fiscal 2024 C$ millions (except for per share amounts and numb er of shares) % Change (As at March 31, 2025) (As at March 31, 2024) Working Capital(1) $838.8 $852.8 -1.6% Strong, liquid balance
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