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Great-West Lifeco Inc. (GWO:CA) Discusses Leadership Transition and Perspectives on M&A Strategy Transcript
Great-West Lifeco Inc. (GWO:CA) Q4 2025 Earnings Call Transcript
Great-West Lifeco delivered record Q3 results, with EPS up 30% year-over-year and robust base earnings growth. GWO's preferred stock dividends remain extremely well-covered, requiring less than 4% of attributable net profit, supported by a solid C$25.5B equity cushion. Preferred shares like GWO.PR.Q:CA offer a 5.5% yield and potential capital gains, with call risk considered benign and total return estimates near 8% annually if called.
Shares of Great-West Lifeco Inc. (OTCMKTS:GWLIF - Get Free Report) have received a consensus rating of "Moderate Buy" from the six research firms that are presently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. A number
Great-West Lifeco Inc. ( GWO:CA ) Q3 2025 Earnings Call November 6, 2025 8:30 AM EST Company Participants Shubha Khan - SVP & Head of Investor Relations David Harney - President, CEO & Director Jeff Poulin - Executive VP & CEO of Canada Life Reinsurance Jon Nielsen - EVP & CFO Edmund Murphy - President & CEO of Empower Linda Kerrigan - Senior VP & Appointed Actuary Conference Call Participants John Aiken - Jefferies LLC, Research Division Taylor Scott - Barclays Bank PLC, Research Division Paul Holden - CIBC Capital Markets, Research Division Doug Young - Desjardins Securities Inc., Research Division Tom MacKinnon - BMO Capital Markets Equity Research Mario Mendonca - TD Cowen, Research Division Gabriel Dechaine - National Bank Financial, Inc., Research Division Presentation Operator Thank you for standing by. Welcome to the Great-West Lifeco Third Quarter 2025 Results Conference Call.
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Great-West Lifeco Inc. (TSX:GWO:CA ) Barclays 23rd Annual Global Financial Services Conference September 8, 2025 3:30 PM EDT Company Participants Jon Nielsen - EVP, CFO & Interim Global Investment Officer Presentation Unknown Analyst All right. We will get the next session started here.
Great-West Lifeco Inc. (OTCPK:GWLIF) Q2 2025 Earnings Conference Call August 6, 2025 8:30 AM ET Company Participants David M. Harney - President, CEO & Director Edmund Francis Murphy - President & CEO of Empower Fabrice Morin - President & COO of Canada Jeff Poulin - Executive VP & CEO of Canada Life Reinsurance Jon P.
TSX:GWO WINNIPEG, MB , May 22, 2025 /PRNewswire/ - Today, Great-West Lifeco Inc. ("Lifeco" or "the company") announced Lindsey Rix-Broom, currently CEO of Canada Life U.K., has been appointed CEO, Europe, effective July 1, 2025. This follows the previously announced appointment of David Harney, currently President & COO, Europe and Capital & Risk Solutions, as President & CEO, Great-West Lifeco and Canada Life, effective July 1, 2025.
Great-West Lifeco, Inc. (OTCPK:GWLIF) Q1 2025 Earnings Conference Call May 8, 2025 9:30 AM ET Company Participants Shubha Khan - SVP & Head, IR Paul Mahon - President, CEO & Director David Harney - President, COO, Europe, Capital and Risk Solutions & Interim Global CIO Jon Nielsen - EVP & CFO Edmund Murphy - President & CEO, Empower Fabrice Morin - President & COO, Canada Jeff Poulin - EVP & CEO, Canada Life Reinsurance Conference Call Participants Meny Grauman - Scotiabank Gabriel Dechaine - National Bank Financial Doug Young - Desjardin Capital Markets Tom MacKinnon - BMO Paul Holden - CIBC Operator Thank you for standing by. This is the conference operator.
TSX:GWO Paul Mahon to retire as President & CEO, Board appoints David Harney President and CEO, Great-West Lifeco and The Canada Life Assurance Company effective July 1, 2025 WINNIPEG, MB , May 1, 2025 /PRNewswire/ - Today, Great-West Lifeco Inc. (TSX: GWO) ("Lifeco", "the company") announced that, effective July 1, Paul Mahon will retire as President & CEO, Great-West Lifeco and Canada Life, and will be succeeded by David Harney. Paul will act as a Senior Advisor until early 2026 to support the transition.
Great-West Lifeco has shown strong performance with a 35.5% stock increase since June 2024, driven by strategic acquisitions, divestments, and improved ROEs. Q4'24 results were impressive, with a 15% rise in base earnings, 12% book value growth, and a 17.5% ROE, supported by favorable market conditions. Despite strong growth in retirement and wealth management, the stock's current valuation at 1.9x book value and forward P/E suggests limited upside potential.
Great-West Lifeco Inc. has delivered a 32% total return since June 2023, driven by strong Q4 and FY 2024 operational results and shareholder-friendly initiatives. The company has strategically shifted focus to retirement solutions, reducing UK and U.S. life insurance exposure, and boosting base earnings by 15% year-over-year. Announced a 10% dividend increase and a $500 million share repurchase, reflecting robust financial flexibility and capital generation.
Great-West Lifeco Inc. (GWLIF) Q4 2024 Earnings Call Transcript
Great-West Lifeco Inc. (OTCPK:GWLIF) Q3 2024 Earnings Conference Call November 7, 2024 10:00 AM ET Company Participants Shubha Khan - Senior Vice President & Head of Investor Relations, Great-West Lifeco Paul Mahon - President & Chief Executive Officer Ed Murphy - President & Chief Executive Officer, Empower Jon Nielsen - Group Chief Financial Officer David Harney - President & Chief Operating Officer, Europe & Capital and Risk Solution Jeff Poulin - Executive Vice President, Reinsurance Linda Kerrigan - Senior Vice President and Appointed Actuary Conference Call Participants Meny Grauman - Scotiabank Paul Holden - CIBC Alex Scott - Barclays Gabriel Dechaine - National Bank Financial Tom MacKinnon - BMO Capital Markets Doug Young - Desjardins Capital Markets Operator Thank you for standing by. This is the conference operator.
Great West Lifeco, Inc. (OTCPK:GWLIF) Q2 2024 Earnings Call August 7, 2024 8:30 AM ET Company Participants Shubha Khan - Senior Vice President and Head, Investor Relations Paul Mahon - President and Chief Executive Officer Jon Nielsen - Group Chief Financial Officer David Harney - President and Chief Operating Officer, Europe and Capital and Risk Solution Fabrice Morin - President and Chief Operating Officer, Canada Ed Murphy - President and Chief Executive Officer, Empower Linda Kerrigan - Senior Vice President and Appointed Actuary Jeff Poulin - Executive Vice President, Reinsurance Raman Srivastava - Executive Vice President and Chief Investment Officer Conference Call Participants John Aiken - Jefferies Mario Mendonca - TD Securities Doug Young - Desjardins Capital Markets Paul Holden - CIBC Meny Grauman - Scotiabank Tom MacKinnon - BMO Gabriel Dechaine - National Bank Financial Darko Mihelic - RBC Capital Markets Nigel D'Souza - Veritas Investment Research Operator Thank you for standing by. This is the conference operator.
Great-West Lifeco is a diversified financial services company with a global presence in Canada, North America, and Europe. The company has been making divestment and acquisitions to shake up its portfolio, including the sale of the Putnam Investments division and the purchase of Prudential Financial's retirement business. Great-West Lifeco has historically grown slightly above the long-term inflation rate, offering consistent and regular quarterly dividends.
MONTREAL and and WINNIPEG, MB , May 6, 2024 /PRNewswire/ -- Power Sustainable Manager Inc. (Power Sustainable), a climate-focused investment manager, and Great-West Lifeco Inc. (Lifeco) jointly announced today that they have entered into a new long-term strategic partnership. This ongoing relationship will enable Power Sustainable to accelerate its growth and market penetration in sustainable private equity and infrastructure, while supporting Lifeco's value creation strategy as part of a responsible transition.
P/F Great-West Lifeco Inc. (OTCPK:GWLIF) Q1 2024 Earnings Conference Call May 2, 2024 3:30 PM ET Company Participants Paul Mahon - President and Chief Executive Officer Ed Murphy - President and CEO, Empower Jon Nielsen - EVP and Chief Financial Officer Fabrice Morin - President and Chief Operating Officer, Canada Linda Kerrigan - SVP and Appointed Actuary Jeff Poulin - EVP, Reinsurance Conference Call Participants Meny Grauman - Scotiabank Paul Holden - CIBC World Markets Tom MacKinnon - BMO Capital Markets Doug Young - Desjardins Capital Markets Nigel D'Souza - Veritas Investment Research Operator Thank you for standing by, this is the conference operator. Welcome to the Great-West Lifeco's First Quarter 2024 Results Conference Call.