Desjardins Group presents results that demonstrate its collective strength, benefiting members, clients and communities
Lévis, February 24, 2026 – The results announced today by Desjardins Group give it all the leverage it needs to continue its mission of driving community development and giving its members and clients the support they need to be financially empowered. For fiscal 2025, the provision for member dividends stood at $505 million, compared to $437 million in fiscal 2024, an increase of 15.6%. Amounts returned in the form of sponsorships, donations and scholarships totalled $133 million, of which $69 million came from the caisses' Community Development Fund.
Desjardins Group recorded surplus earnings before member dividends of $3,811 million for fiscal 2025, up $455 million, or 13.6%, from fiscal 2024. This increase was due in particular to the performance of the Personal and Business Services segment, which benefited from growth in net interest income mainly due to business growth, partly offset by an increase in the provision for credit losses. The Wealth Management and Life and Health Insurance segment recorded growth in other income and higher net insurance service income, due in particular to favourable developments in financial markets. The Property and Casualty Insurance segment also performed well, in line with fiscal 2024. The surplus earnings growth was offset by an increase in non-interest expense, which supported business growth and enhanced the services offered to members and clients. In addition, Desjardins continued to diversify its funding sources by issuing a record number of bonds in six different currencies.
For the fourth quarter ended December 31, 2025, Desjardins Group recorded surplus earnings before member dividends of $1,058 million, up $232 million from the corresponding period in 2024. This included higher net interest income related to business growth, an increase in other income, and a decrease in the provision for credit losses for the Personal and Business Services segment. In addition, a higher net insurance finance result, mainly due to favourable developments in the financial markets, helped drive performance in the Wealth Management and Life and Health Insurance segment. Finally, it should be noted that initiatives aimed at supporting business growth and enhancing the service offering to members and clients explain the increase in non‑interest expenses.
"The results we are announcing today are driven by the trust of more than 10 million members and clients across Canada," said Denis Dubois, President and Chief Executive Officer. "This year, we are raising our dividend by nearly 16%, to $505 million. This reflects the strength of the cooperative model and our resolve to grow while remaining true to our mission and values. The more Desjardins grows, the more we generate tangible benefits for people and communities. This performance gives us the means to continue investing where it counts, for economic and social development across the country."
Supporting health, entrepreneurship, and innovation across Quebec and Ontario
Through the GoodSpark Fund, which aims to stimulate social and economic activity in communities, Desjardins contributes to community development and economic vitality. Since 2017, nearly 1,000 projects have been supported, totalling $228 million in commitments across all the regions of Quebec and Ontario. By 2027, Desjardins will have supported projects with a direct impact on people's lives in various areas, such as the environment, health, education, entrepreneurship, housing, diversity, culture, sports, and innovation, bringing the total to $280 million.
In 2025, the GoodSpark Fund supported numerous initiatives, such as the expansion of Maison Stéphane Fallu (in French only) to provide a new pavilion for young women, the Michel-Sarrazin Foundation to improve palliative care, and a contribution to three health organizations in Ontario, including the Ottawa Hospital Foundation. Also noteworthy is the Fund's support for Technum Québec (in French only) and Cybereco to accelerate innovation in microelectronics and strengthen cybersecurity. The Fund also supported climate technology start-ups with Cycle Momentum, affirming the key role it plays in the economic and social development of communities.
10,000 housing units by 2028
In response to the housing crisis, Desjardins is stepping up its commitment and aims to create more than 10,000 housing units in response to the affordability crisis by 2028. This ambition marks a major development in the Desjardins's affordable housing initiative, launched in 2022, which targeted 3,000 housing units. This initiative, supported by public and private partnerships and an innovative financing model, will provide practical, real-world solutions to thousands of families, students and individuals while promoting a more inclusive and supportive society.
As at December 31, 2025, 1,861 housing units were already occupied, and an additional 2,722 units were under construction.
Last July, the Amplifier fund was launched to provide $50 million in financial support. Managed by Desjardins Capital, the fund will accelerate the development of affordable housing with a low environmental footprint.
The Banker names Desjardins Canadian Bank of the Year
Insurance to help SMEs deal with digital risks
In an environment of fast-changing cyberthreats, where small and medium-sized enterprises (SMEs) are increasingly being targeted, Desjardins has launched CyberSuite Plus, a comprehensive insurance solution designed for SMEs that combines several essential coverages, including new protections specifically designed to combat fraud.
Over 10 million members and clients: an indication of Desjardins's impact across the country
Desjardins now has more than 10 million members and clients, a number that reflects the reality of its business relationships and its pan-Canadian reach. This is evidence of the Group's sustained business growth across Canada, driven by an expanding range of services and an ever greater presence among members and clients. This number now includes certain product holders, in particular those insured through group insurance or participating in group retirement savings plans, with whom Desjardins has significant interactions. This number fully reflects Desjardins's true reach and impact across the country.