Latest news with #baseearnings
CTV News
5 days ago
- Business
- CTV News
Great-West Lifeco says Q2 net earnings down 11% but base earnings hit record high
Great-West Life world headquarters is pictured in Winnipeg on February 19, 2013. THE CANADIAN PRESS/John Woods WINNIPEG — Great-West Lifeco Inc. says its second-quarter net earnings dropped 11 per cent from a year ago but its base earnings reached a record high. The Winnipeg-based insurance company says its net earnings for the period ended June 30 amounted to $894 million while its base earnings totalled more than $1.1 billion. Its net earnings from continued operations linked to Canada reached $255 million compared with $373 million a year before. By comparison, the U.S. part of its business had net earnings from continued operations of $305 million compared with $281 million a year prior. The European portion totalled $126 million compared with $231 million a year before. The results came as Great-West Lifeco approved a quarterly dividend of 61 cents per share. --- This report by The Canadian Press was first published Aug. 6, 2025.
Yahoo
5 days ago
- Business
- Yahoo
Great-West Lifeco says Q2 net earnings down 11% but base earnings hit record high
WINNIPEG — Great-West Lifeco Inc. says its second-quarter net earnings dropped 11 per cent from a year ago but its base earnings reached a record high. The Winnipeg-based insurance company says its net earnings for the period ended June 30 amounted to $894 million while its base earnings totalled more than $1.1 billion. Its net earnings from continued operations linked to Canada reached $255 million compared with $373 million a year before. By comparison, the U.S. part of its business had net earnings from continued operations of $305 million compared with $281 million a year prior. The European portion totalled $126 million compared with $231 million a year before. The results came as Great-West Lifeco approved a quarterly dividend of 61 cents per share. This report by The Canadian Press was first published Aug. 6, 2025. Companies in this story: (TSX:GWO) The Canadian Press
