Key Points – Canaccord Genuity reported a record fiscal 2026 revenue of CAD 2.2 billion, with fourth-quarter revenue up 33% year-over-year to CAD 613 million.
Adjusted diluted EPS surged 300% in the quarter to CAD 0.48, reflecting sharply improved profitability. – Both major businesses posted strong growth: capital markets revenue rose 37% in Q4 and wealth management revenue rose 28%, with wealth management marking its tenth straight quarter of revenue growth
Client assets also hit a record CAD 148 billion, helped by market gains, organic inflows, and the Wilsons Advisory acquisition. – Management signaled a constructive outlook for fiscal 2027, expecting low-single-digit improvement in firm-wide pre-tax operating margin. The board also approved a 17.6% increase in the quarterly dividend to CAD 0.10 per share, underscoring confidence in the company’s momentum. – Apple Faces DOJ Scrutiny, but Not These 3 Under the Radar Names Canaccord Genuity Group (TSE:CF) reported a record fiscal 2026 revenue total and sharply higher adjusted profitability, as stronger capital markets activity and continued growth in wealth management helped offset uneven market conditions during the fourth quarter. Chairman and CEO Dan Daviau said the quarter began with constructive markets in January, supported by strong earnings and enthusiasm around artificial intelligence-driven productivity, before sentiment weakened amid geopolitical conflict, volatility in oil, bonds and currencies, and a rotation away from growth and technology stocks.
Gold prices also reached a record high in January before selling off by nearly 17% by quarter-end, he said. Against that backdrop, Daviau said Canaccord’s teams remained focused on “disciplined execution,” contributing to firm-wide fourth-quarter revenue of CAD 613 million, up 33% from a year earlier and the company’s third-highest quarterly revenue on record. For the full fiscal year, revenue reached a record CAD 2.2 billion.