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cg / Canaccord Genuity CANACCORD GENUITY GROUP INC . REPORTS SECOND QUARTER FISCAL 2022 RESULTS Excluding significant items , second quarter earnings per common share of $ 0.58 ( 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 , November 8 , 2021 -Canaccord Genuity Group Inc. ( Canaccord Genuity Group , the Company , TSX : CF ) today announced its financial results for the second fiscal quarter , ended September 30 , 2021 . " Enhanced profitability in our second quarter was driven by continued growth from our wealth management businesses and an all- time quarterly record for M & A , " said Dan Daviau , President & CEO of Canaccord Genuity Group Inc. " We continue to benefit from our diversification strategy , as we enter the second half of the fiscal year with a healthy pipeline of ECM and advisory activity , and a broad range of opportunities to support continued growth in our wealth management businesses . " " We are especially grateful for the trust that our clients and shareholders have placed in us , and we strive to always exceed their expectations as a leading independent midmarket investment banking and wealth management firm . " Second quarter and six - month fiscal year - to - date highlights : ( All dollar amounts are stated in thousands of Canadian dollars unless otherwise indicated ) • • • • • • • • Second quarter revenue excluding significant items ¹ of $ 475.2 million , a year - over - year improvement of 21.7 % Excluding significant items¹ , second quarter pre - tax net income of $ 95.7 million , a year - over - year improvement of 89.4 % ( $ 87.0 million on an IFRS basis ) Excluding significant items¹ , diluted earnings per common share for the second fiscal quarter of $ 0.58 per share ( $ 0.49 per share on an IFRS basis ) , an increase of 107.1 % compared to the second quarter of fiscal 2021 Excluding significant items¹ , diluted earnings per common share for the first six months of fiscal 2022 of $ 1.31 ( $ 1.12 on an IFRS basis ) , an increase of 147.2 % compared to the first half of fiscal 2021 Global capital markets revenue increased 26.2 % year - over - year to $ 304.9 million , reflecting a substantial growth in advisory activity Record quarterly advisory revenue of $ 139.4 million , reflecting substantially increased contributions from our US , Canadian and UK capital markets businesses Advisory revenue earned by our US capital markets business in the second fiscal quarter amounted to a record $ 103.6 million , exceeding all prior full fiscal year amounts , and a year - over - year improvement of 419.3 % Investment banking revenue in our capital markets business for the first six months of fiscal 2022 increased 16.6 % year - over- year to $ 240.7 million , although for Q2 / 22 with lower new issue activity , investment banking revenue decreased by 17.8 % to $ 89.5 million when compared to the second quarter of fiscal 2021 Global wealth management revenue for the second fiscal quarter increased 13.9 % year - over - year to $ 166.2 million although with reduced activity in Canadian new issue activity , this represented a decline of 14.8 % when compared to the first quarter of fiscal 2022 Total client assets in our global wealth management business grew to $ 98.1 billion , an increase of 33.6 % from Q2 / 21 reflecting year - over - year increases of 45.1 % in Canada , 26.7 % in the UK & Crown Dependencies , and 43.0 % in Australia • Purchased 2,181,216 common shares for cancellation under our normal course issuer bid ( NCIB ) during the six months ended September 30 , 2021 • Fiscal year - to - date capital deployment initiatives including dividends and share buybacks totalled $ 44.1 million or 28.6 % of adjusted net income • Second quarter common share dividend of $ 0.075 per common share 1 Figures excluding significant items are non - IFRS measures . See Non - IFRS measures on page 6 of the MD & A