Olympia Financial Group Inc. Announces Second Quarter 2026 Results
Calgary, Alberta--(Newsfile Corp. - August 12, 2026) - Olympia Financial Group Inc. (TSX: OLY) ("Olympia") today announces its operating and financial results for the period ended June 30, 2026.
Results from operations for the six months ended June 30, 2026, include the following (compared to operations for the six months ended June 30, 2025): * Total net earnings and comprehensive income from continuing operations decreased 37% to $7.06 million from $11.25 million.* Total revenue decreased 10% to $43.49 million from $48.07 million. * Service revenue increased 4% to $23.26 million from $22.36 million mainly due to an increase in monthly and transaction fees. * Trust, interest, and other income decreased 21% to $20.22 million from $25.71 million mainly due to a decrease in interest rates on funds held in trust. * Total expenses increased 1% to $33.71 million from $33.24 million. * Earnings before income tax decreased 35% to $9.70 million from $14.82 million. * Basic and diluted earnings per share attributable to the shareholders of Olympia decreased 37% to $2.93 per share from $4.67 per share. The unaudited condensed interim financial statements and notes, as well as management's discussion and analysis, are now available on SEDAR+ (www.sedarplus.ca). Both historical and current information on Olympia's stock, financials, press releases, governance, and more can now be found at ir.olympiafinancial.com.
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