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cg / Canaccord Genuity CANACCORD GENUITY GROUP INC . REPORTS FIRST QUARTER FISCAL 2022 RESULTS Excluding significant items , first quarter earnings per common share of $ 0.73 ( 1 ) La version française du présent communiqué sera déposée sur SEDAR./A French - language version of this communication will be made available on SEDAR TORONTO , August 3 , 2021 -Canaccord Genuity Group Inc. ( Canaccord Genuity Group , the Company , TSX : CF ) today announced its financial results for the first fiscal quarter , ended June 30 , 2021 . " We are pleased to have had such a productive start to our fiscal year , with higher contributions from our global wealth management operations , a continuance of strong capital raising activity in our capital markets businesses , and substantial growth in advisory activity , " said Dan Daviau , President & CEO of Canaccord Genuity Group Inc. " Although we anticipate a more normalized environment for underwriting activities in our core focus sectors , we are increasingly delivering on a strong pipeline of higher - margin advisory activities and continuing to invest in the growth of our global wealth management operations . " " We begin the fiscal year with fewer common shares outstanding on a fully diluted basis , and we expect continued buyback activity over the coming year , which will support enhanced earnings per share in any market backdrop . " First fiscal quarter highlights : ( All dollar amounts are stated in thousands of Canadian dollars unless otherwise indicated ) • First quarter revenue excluding significant items¹ of $ 523.8 million , third highest quarterly revenue on record • . • • • • Excluding significant items¹ , first quarter pre - tax net income of $ 114.0 million , a year - over - year improvement of 172.9 % Excluding significant items¹ , diluted earnings per common share for the first fiscal quarter was $ 0.73 per share ( $ 0.63 per share on an IFRS basis ) , an increase of 192 % compared to the first quarter of fiscal 2021 Global capital markets revenue increased 38.1 % year - over - year to $ 324.2 million , reflecting a continuance of strong capital raising activity , and substantial growth in advisory activity Quarterly investment banking revenue in our capital markets business increased 55.0 % year - over - year to $ 151.1 million , driven by strong new - issue activity and continued strong activity levels in the life sciences , technology , and mining sectors Record quarterly advisory revenue of $ 76.0 million in our capital markets business , increased 269.3 % compared to the same period a year ago Advisory revenue earned by our US capital markets business in the first fiscal quarter amounted to $ 46.4 million , a year - over- year improvement of 652.7 % • Global wealth management revenue increased 41.4 % when compared to the first quarter of fiscal 2021 , to $ 195.0 million , of which $ 104.2 million was earned in our Canadian wealth management business • Total client assets in our global wealth management business increased to $ 94.9 billion , an increase of 6.9 % from Q4 / 21 • Client assets in our Canadian wealth management business grew 55.5 % year - over - year to $ 34.6 billion • • Purchased 934,516 common shares for cancellation under the normal course issuer bid ( NCIB ) during the three months ended June 30 , 2021 Capital deployment initiatives for the first quarter including dividends and NCIB buyback totalled $ 19.3 million or 26.4 % of net income for the quarter 1 • First quarter common share dividend of $ 0.075 per common share Three months Three months ended June 30 Year - over- year change ended March Quarter - over- quarter change Q1 / 21 31 Q4 / 21 Q1 / 22 First fiscal quarter highlights- adjusted¹ Revenue - excluding significant items¹ $ 523,831 $ 377,728 38.7 % $ 692,326 ( 24.3 ) % Figures excluding significant items are non - IFRS measures . See Non - IFRS measures on page 6 of the MD & A