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Fri 28 Feb 25, 09:09 AMIs It Smart To Buy Sagicor Financial Company Ltd. (TSE:SFC) Before It Goes Ex-Dividend?
Fri 17 Nov 23, 10:05 AMSagicor Financial Company Ltd. Reports Third Quarter 2023 Results
Mon 13 Nov 23, 12:00 PMSagicor Financial Company Ltd. Completes Acquisition of ivari
Tue 03 Oct 23, 08:51 PMSagicor Financial Company Ltd. Receives Regulatory Approvals to Acquire ivari
Tue 26 Sep 23, 11:00 AM| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 187.19M | 190.12M | 673.43M | 262.90M | 264.73M |
| Minority interest | -53.11800M | -30.87100M | -52.17200M | -53.87100M | -63.91900M |
| Net income | 68.11M | 97.47M | 532.06M | 169.60M | 196.48M |
| Selling general administrative | 331.80M | 298.43M | 295.81M | 392.91M | 349.79M |
| Selling and marketing expenses | - | - | - | - | - |
| Gross profit | 3064.65M | 742.59M | 1758.12M | 2546.37M | 2355.35M |
| Reconciled depreciation | 28.59M | 29.59M | 54.94M | 30.95M | 32.70M |
| Ebit | 398.64M | 332.02M | 618.62M | 309.37M | 84.45M |
| Ebitda | 427.73M | 361.61M | 673.55M | 340.32M | 117.15M |
| Depreciation and amortization | 29.09M | 29.59M | 54.94M | 30.95M | 32.70M |
| Non operating income net other | - | - | - | - | - |
| Operating income | 187.19M | 190.12M | 618.62M | 309.37M | 84.45M |
| Other operating expenses | 2877.46M | 281.93M | 1084.68M | 2283.46M | 2090.62M |
| Interest expense | 211.45M | 141.91M | 105.64M | 100.34M | 86.01M |
| Tax provision | 63.91M | 61.78M | 89.20M | 93.30M | 68.26M |
| Interest income | 336.60M | 393.26M | 122.48M | 432.74M | 337.41M |
| Net interest income | -207.81500M | -232.59200M | -155.16600M | -100.33700M | -86.00900M |
| Extraordinary items | - | - | - | - | - |
| Non recurring | - | - | - | - | - |
| Other items | - | - | - | - | - |
| Income tax expense | 65.03M | 61.78M | 89.20M | 93.30M | 68.26M |
| Total revenue | 3064.65M | 1499.01M | 1758.12M | 2546.37M | 2355.35M |
| Total operating expenses | 2877.46M | 281.93M | -1139.49800M | -2236.99600M | -2270.90200M |
| Cost of revenue | - | 756.41M | - | - | - |
| Total other income expense net | 2.09M | -1565.81100M | 2.65M | -46.46600M | 180.28M |
| Discontinued operations | - | - | - | - | - |
| Net income from continuing ops | 120.05M | 128.34M | 584.23M | 169.60M | 196.48M |
| Net income applicable to common shares | - | 97.47M | - | 115.56M | 133.18M |
| Preferred stock and other adjustments | - | - | - | - | - |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 25088.11M | 22767.94M | 22384.89M | 10765.87M | 10377.93M |
| Intangible assets | 38.23M | 43.31M | 48.13M | 30.34M | 32.10M |
| Earning assets | - | - | - | - | - |
| Other current assets | - | - | - | 625.09M | 710.79M |
| Total liab | 23655.63M | 21445.48M | 21055.87M | 9263.02M | 8711.72M |
| Total stockholder equity | 1034.70M | 959.69M | 970.93M | 1084.42M | 1134.55M |
| Deferred long term liab | - | - | - | - | - |
| Other current liab | -1012.41179M | - | -321.45900M | -319.92700M | -301.47600M |
| Common stock | 1.35M | - | 1.41M | 1.43M | 1.43M |
| Capital stock | 1.35M | 1.35M | 1.41M | 1.43M | 1.43M |
| Retained earnings | 436.93M | 418.44M | 317.91M | 537.88M | 455.90M |
| Other liab | - | - | - | 6879.97M | 6386.73M |
| Good will | 44.17M | 44.76M | 45.02M | 74.97M | 57.00M |
| Other assets | - | - | 21209.05M | 9910.46M | 9499.60M |
| Cash | 451.45M | 442.49M | 486.64M | 368.14M | 359.98M |
| Cash and equivalents | - | - | - | - | - |
| Total current liabilities | - | - | 321.46M | 319.93M | 301.48M |
| Current deferred revenue | - | - | - | - | - |
| Net debt | 1284.50M | 512.65M | 497.01M | 727.74M | 806.79M |
| Short term debt | 726.32M | - | 27.68M | 9.13M | 9.02M |
| Short long term debt | 72.33M | 41.56M | 18.26M | 1.74M | 0.76M |
| Short long term debt total | 1735.95M | - | 983.65M | 1095.88M | 1166.77M |
| Other stockholder equity | 699.06M | - | 725.03M | 735.10M | 737.70M |
| Property plant equipment | - | - | - | 178.85M | 266.78M |
| Total current assets | 3500.27M | - | 819.31M | 510.30M | 467.18M |
| Long term investments | 19329.85M | 17842.78M | 17092.93M | 60.94M | 55.26M |
| Net tangible assets | - | - | - | - | 1045.45M |
| Short term investments | - | 551.57M | 16422.73M | 8424.04M | 7965.71M |
| Net receivables | 3048.81M | - | 332.67M | 142.17M | 107.21M |
| Long term debt | 926.61M | 913.58M | 927.41M | 1060.85M | 683.39M |
| Inventory | - | - | - | - | - |
| Accounts payable | 286.09M | - | 293.78M | 310.80M | 292.45M |
| Total permanent equity | - | - | - | - | - |
| Noncontrolling interest in consolidated entity | - | - | - | - | - |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
| Accumulated other comprehensive income | -102.64087M | - | -73.41700M | -189.98200M | -60.47200M |
| Additional paid in capital | - | - | - | - | - |
| Common stock total equity | - | - | - | - | - |
| Preferred stock total equity | - | - | - | - | - |
| Retained earnings total equity | - | - | - | - | - |
| Treasury stock | - | - | - | - | - |
| Accumulated amortization | - | - | - | - | - |
| Non currrent assets other | 525.50M | - | -356.51800M | -345.10700M | -411.14300M |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 21587.84M | - | 356.52M | 345.11M | 411.14M |
| Capital lease obligations | 62.77M | 34.94M | 37.99M | 33.29M | 32.84M |
| Long term debt total | - | - | - | 665.83M | 634.83M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | - | -14.03700M | 6.52M | -26.62000M | 50.07M |
| Change to liabilities | - | - | - | 0.00000M | 0.00000M |
| Total cashflows from investing activities | -15.70011M | -14.03700M | - | -26.62000M | 36.16M |
| Net borrowings | 16.68M | -8.06800M | - | - | 213.68M |
| Total cash from financing activities | -46.14489M | -64.25000M | 239.53M | -65.26600M | 140.47M |
| Change to operating activities | - | - | - | - | -769.07000M |
| Net income | 68.11M | 190.12M | 532.06M | 262.90M | 264.73M |
| Change in cash | -116.89643M | 126.34M | 208.63M | -244.05400M | 289.58M |
| Begin period cash flow | 568.35M | 801.37M | 592.74M | 836.79M | 547.21M |
| End period cash flow | 451.45M | 927.71M | 801.37M | 592.74M | 836.79M |
| Total cash from operating activities | 1524.28M | 214.23M | -39.60700M | -154.50300M | 124.88M |
| Issuance of capital stock | 0.03M | 0.03M | - | - | 0.00100M |
| Depreciation | 29.09M | 29.59M | 54.94M | 30.95M | 32.70M |
| Other cashflows from investing activities | - | -0.86500M | - | -4.63300M | 1.06M |
| Dividends paid | 37.27M | -30.17500M | 31.99M | 32.15M | 32.55M |
| Change to inventory | - | - | - | - | - |
| Change to account receivables | - | - | 3.41M | -0.71900M | - |
| Sale purchase of stock | -3.81768M | -13.38300M | -9.20300M | -6.00700M | -19.97900M |
| Other cashflows from financing activities | -29.30823M | -12.65100M | -19.11200M | 52.24M | 531.62M |
| Change to netincome | - | - | - | - | 728.08M |
| Capital expenditures | 10.61M | 17.43M | 27.43M | 21.80M | 14.95M |
| Change receivables | - | - | - | - | - |
| Cash flows other operating | - | - | - | - | - |
| Exchange rate changes | - | - | - | - | - |
| Cash and cash equivalents changes | - | - | - | - | - |
| Change in working capital | 618.56M | -496.53600M | -432.50800M | -1407.32700M | -769.07000M |
| Stock based compensation | - | - | 8.46M | 6.95M | 7.49M |
| Other non cash items | 808.53M | 491.06M | -10.19700M | 958.97M | 596.52M |
| Free cash flow | 1513.67M | 196.80M | -67.03700M | -176.30200M | 109.93M |
Sector: Financial Services Industry: Insurance - Life
| Company | Change (CAD) | Price (CAD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| SFC Sagicor Financial Company |
0.26 3.16% | 8.49 | 14.73 | 6.34 | 0.92 | 0.94 | 1.13 | -426.5651 |
| MFC Manulife Financial Corp |
-0.39 0.68% | 57.03 | 17.14 | 11.61 | 2.82 | 1.99 | 1.56 | |
| GWO Great-West Lifeco Inc. |
-1.52 1.69% | 88.18 | 16.63 | 13.07 | 1.81 | 2.37 | 1.84 | |
| MFC-PK Manulife Financial Corp Pref K |
- -% | 25.51 | 4.95 | - | 3.01 | - | ||
| MFC-PJ Manulife Fin Non Cum Cl 1 11 Prf |
0.09 0.35% | 25.54 | 4.84 | - | 2.81 | - |
Sagicor Financial Company Ltd., together with its subsidiaries, provides various financial services to individuals and corporations in Canada, the United States, Jamaica, and the rest of the Caribbean. It operates through Sagicor Canada, Sagicor Life USA, Sagicor Jamaica, Sagicor Life, and Head Office and Other segments. The company offers life, health, general, property, casualty, accident, and sickness insurance; annuities and pension administration; investment, asset, and pension fund management; insurance brokerage; captive insurance management; investment, retail, and commercial banking; and microfinance. It also provides real estate investment, development, and management; cambo and remittance services; loan and lease financing; deposit-taking; farming; mutual fund holding; reinsurance; corporate management; and retirement community services. The company distributes its products and services through insurance advisors, agents, and brokers. Sagicor Financial Company Ltd. was founded in 1840 and is headquartered in St Michael, Barbados.
Cecil F De Caires Building, St Michael, Barbados
| Name | Title | Year Born |
|---|---|---|
| Dr. Dodridge Denton Miller FCCA, Hon. LLD, L.L.M., LLM, M.B.A. | Group Pres, CEO & Director | 1958 |
| Mr. Andre Mousseau | Group COO & CFO | NA |
| Mr. Christopher W. Zacca B.Sc., CD, J.P., JP, M.B.A. | Pres & CEO of Sagicor Group Jamaica Limited | 1960 |
| Mr. Nari T. Persad B.Sc., F.S.A. | Group Chief Actuary | NA |
| Mr. Ronald B. Blitstein B.A., M.B.A., BA, MBA | Exec. VP & Group Chief Information Officer | 1956 |
| Ms. Althea C. Hazzard FCIS, L.L.B., L.L.M., LLM (Cantab), MICA | Exec. VP, Gen. Counsel & Corp. Sec. | 1964 |
| Ms. Ingrid Card B.Sc., B.Sc. (Hons), M.B.A., MBA | VP of Group Marketing, Corp. Communications & Brand Experience | NA |
| Mr. George Sipsis C.F.A. | Sr. VP of Corp. Devel. & Capital Markets | NA |
| Mr. J. Andrew Gallagher CERA, F.S.A., FCIA, FSA | CEO & Chief Risk Officer of Sagicor Reinsurance Bermuda Limited | 1962 |
| Mr. Roger Paul Inniss CRM, M.B.A. | Exec. VP & GM of Sagicor Life Inc, Barbados Operations | NA |
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