Desjardins Group Reports Strong 2025 Results, Increases Member Dividends
LÉVIS, QC — February 24, 2026 — Leads & Copy — The Desjardins Group today announced results for fiscal year 2025, highlighting increased member dividends and strategic investments in community development and affordable housing.
The financial institution reported surplus earnings before member dividends of $3.811 billion for fiscal 2025, a 13.6% increase from fiscal 2024. The growth was driven by the Personal and Business Services segment, which benefited from net interest income growth due to business expansion. The Wealth Management and Life and Health Insurance segment also contributed with increased other income and higher net insurance service income, bolstered by favorable financial market developments. The Property and Casualty Insurance segment maintained a strong performance, consistent with the previous fiscal year.
Member dividends will increase by 15.6% to $505 million, compared to $437 million in fiscal 2024. Desjardins also allocated $133 million to sponsorships, donations, and scholarships, with $69 million sourced from the caisses’ Community Development Fund.
For the fourth quarter of 2025, Desjardins Group posted surplus earnings before member dividends of $1.058 billion, a rise of $232 million from the same period in 2024. This was supported by higher net interest income from business growth, increased other income, and a reduced provision for credit losses in the Personal and Business Services segment.
“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. He also noted the dividend increase reflects the cooperative model and Desjardins’ commitment to growth while adhering to its mission and values.
Desjardins is expanding its commitment to affordable housing, aiming to create over 10,000 housing units by 2028, building on its 2022 initiative targeting 3,000 units. As of December 31, 2025, 1,861 units were occupied, and 2,722 were under construction. The Amplifier fund, launched last July and managed by Desjardins Capital, will provide $50 million to accelerate affordable housing development with a low environmental footprint.
Through the GoodSpark Fund, Desjardins supports community development and economic vitality, contributing to projects in Quebec and Ontario. Since 2017, nearly 1,000 projects have received $228 million in funding. By 2027, the fund will have supported projects with a $280 million investment across various sectors, including environment, health, education, entrepreneurship, housing, diversity, culture, sports, and innovation.
Desjardins Group was named Canadian Bank of the Year for 2025 by The Banker magazine, recognizing its performance in digital innovation and sustainable finance.
The organization has launched CyberSuite Plus, an insurance solution for SMEs, that combines several essential coverages, including new protections specifically designed to combat fraud.
The group now serves over 10 million members and clients, demonstrating its expanding range of services and increasing presence across Canada.
Financial highlights for fiscal 2025 include:
- Surplus earnings before member dividends of $3.811 billion, up 13.6%.
- Total net revenue of $16.308 billion, up 11.2%.
- Net interest income of $8.279 billion, up 10.8%.
- $638 million returned to members and the community, up 14.5%.
Desjardins Group maintains a strong capitalization, compliant with Basel III requirements, with a Tier 1A capital ratio of 23.7% and a total capital ratio of 26.1%.
For the fourth quarter of 2025, surplus earnings before member dividends were $1.058 billion, up 28.1%.
Key financial figures for the fourth quarter include:
- Total net revenue of $4.413 billion, up 11.5%.
- Net interest income of $2.151 billion, up 9.6%.
- $211 million returned to members and the community, up 47.6%.
Total assets have grown 8.3 % since December 31, 2024, to $510.2 billion as at December 31, 2025.
More detailed financial information can be found in Desjardins Group’s annual Management’s Discussion and Analysis (MD&A) and its Annual Combined Financial Statements for 2025 on the Desjardins website or the SEDAR+ website, at www.sedarplus.com (under the Fédération des caisses Desjardins du Québec profile).
Desjardins Group is the largest financial cooperative in Canada and the eighth largest in the world, with assets of $510.2 billion as at December 31, 2025. The organization employs more than 57,500 skilled employees.
Source: Desjardins Group
Share this story:
