Olympia Financial Group Announces New Development | TSX:OLY News
Calgary, Alberta—(Newsfile Corp. – March 23, 2026) – Olympia Financial Group Inc. (TSX: OLY) today announced the sale of Olympia Currency and Global Payments Inc. To Global Payments Inc., a transaction expected to allow Olympia to focus on its core asset and wealth management businesses.
The sale, terms of which were not disclosed, comes as Olympia Financial Group continues to refine its strategic direction, according to a statement released by the company. Olympia Currency and Global Payments provides foreign exchange services to corporations and private clients.
As of 3:47:53 p.m. EDT today, Olympia Financial Group Inc. Stock was trading at $119.23, up $1.25, a gain of 1.06%, according to Yahoo Finance Canada. The company’s market capitalization currently stands at approximately $286.907 million.
Olympia Financial Group Inc. Operates through six segments: Investment Account Services, Corporate and Shareholder Services, Currency and Global Payments, Private Health Services Plan and Exempt Edge divisions. The Investment Account Services division specializes in self-directed registered plans administration, while the Corporate and Shareholder Services division offers transfer agency and corporate trust services.
Recent financial reports indicate that Olympia Financial Group’s revenue for the year ended December 31, 2025, was $98.86 million, a decrease of 3.9% compared to the $102.92 million reported in the prior year. Net income for 2025 was $19.86 million, down 17.0% from the previous year. Earnings per share were $8.25, also reflecting a 17.0% decrease. The company’s fiscal year ends December 31.
The company’s quarterly results, released February 27, 2026, are available on SEDAR (www.sedarplus.ca). According to Google Finance, Olympia’s forward dividend yield is 6.10%, with an ex-dividend date of March 20, 2026. The dividend payout is $7.20.
Olympia Financial Group Inc., founded in 1994 and headquartered in Calgary, Canada, employs 205 people. The company’s PE Ratio (TTM) is 14.45, with an EPS (TTM) of $8.25. An earnings date of May 7, 2026, is currently estimated.
Global Payments Inc. Has not yet commented on the acquisition. Further details regarding the integration of Olympia Currency and Global Payments into Global Payments’ operations are expected to be released at a later date.
