Manulife Financial Corporation (TSX: MFC)

Canada flag Canada · Delayed Price · Currency is CAD
36.15
-0.28 (-0.77%)
Jul 2, 2024, 4:00 PM EDT
44.60%
Market Cap 64.92B
Revenue (ttm) 39.13B
Net Income (ttm) 5.02B
Shares Out 1.79B
EPS (ttm) 2.33
PE Ratio 15.64
Forward PE 8.66
Dividend 1.12 (3.11%)
Ex-Dividend Date May 21, 2024
Volume 7,038,130
Open 36.10
Previous Close 36.43
Day's Range n/a
52-Week Range 23.69 - 36.62
Beta 1.09
Analysts n/a
Price Target 37.47 (+3.65%)
Earnings Date Aug 7, 2024

About Manulife Financial

Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, and internationally. The company operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; and Corporate and Other segments. The Wealth and Asset Management Businesses segment offers investment advice and solutions to retirement, retail, and institutional clients through multiple distribution channels, including agents and brokers affiliated with the company, independent secu... [Read more]

Sector Financials
Founded 1887
Employees 40,000
Stock Exchange Toronto Stock Exchange
Ticker Symbol MFC
Full Company Profile

Financial Performance

In 2023, MFC's revenue was 36.44 billion, an increase of 138.41% compared to the previous year's 15.28 billion. Earnings were 5.46 billion, a decrease of -23.95%.

Financial Statements

News

CI Select Canadian Equity Fund's Strategic Moves in Q1 2024: A Focus on Manulife Financial Corp

CI Select Canadian Equity Fund's Strategic Moves in Q1 2024: A Focus on Manulife Financial Corp

4 days ago - GuruFocus

Manulife Investment Management Announces Industrial Outdoor Storage Venture with Foundry Commercial

BOSTON , June 27, 2024 /PRNewswire/ - Manulife Investment Management (Manulife IM) has announced a strategic partnership with Foundry Commercial to acquire, develop, and lease industrial outdoor stora...

5 days ago - PRNewsWire

Manulife CFO discusses the insurer's business outlook and new financial targets

Colin Simpson, CFO of Manulife says the biggest improvement for the business is going to come from Asia, asset management and wealth business as he speaks to CNBC at the sidelines of their investor da...

5 days ago - CNBC International TV

Manulife CFO discusses the insurer's business outlook and new financial targets

Colin Simpson, CFO of Manulife says the biggest improvement for the business is going to come from Asia, asset management and wealth business as he speaks to CNBC at the sidelines of their investor da...

6 days ago - CNBC

Manulife hosts Investor Day 2024, raising the bar on new financial targets

TSX/NYSE/PSE: MFC SEHK: 945                                                                               C$ unless otherwise stated TORONTO, June 24, 2024 /PRNewswire/ - Manulife Financial Corporatio...

8 days ago - PRNewsWire

Manulife Financial to redeem 3.049% Fixed/Floating subordinated debentures

Manulife Financial plans to redeem C$750M in subordinated debentures on August 20, ceasing interest accrual on that date.

8 days ago - Seeking Alpha

Manulife announces intention to redeem 3.049% Fixed/Floating Subordinated Debentures

C$ unless otherwise stated                            TSX/NYSE/PSE: MFC     SEHK: 945 TORONTO , June 24, 2024 /PRNewswire/ - Manulife Financial Corporation ("MFC") today announced its intention to red...

8 days ago - PRNewsWire

Manulife Digital Transformation Strategy Analysis Report 2024: Accelerators, Incubators, Technology Centers and Other Innovation Programs

Dublin, June 18, 2024 (GLOBE NEWSWIRE) -- The "Manulife Financial Corp. (Manulife) - Digital Transformation Strategies" company profile has been added to ResearchAndMarkets.com's offering.

14 days ago - GlobeNewsWire

Manulife and World Economic Forum Launch the Prospering in Longevity Challenge to Drive Health and Financial Resiliency

Multi-year partnership taking steps to help shape the future and funding of human longevity innovation  TORONTO , June 17, 2024 /PRNewswire/ - Manulife and the World Economic Forum ("the Forum"), toda...

15 days ago - PRNewsWire

Manulife Financial Corporation to Issue S$500 million 4.275% Subordinated Notes Due 2034

TSX/NYSE/PSE: MFC     SEHK: 945 TORONTO , June 11, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife") announced today that it has priced an offering in Singapore of S$500 million principa...

21 days ago - PRNewsWire

India's robust economic growth will remain: Manulife Investment Management

Rana Gupta of Manulife Investment Management discusses the outlook for India's economy in light of its new coalition government.

21 days ago - CNBC International TV

Survey: Rising health costs worry Filipinos

Financial confidence among Filipinos is “low” amid concerns on inflation, particularly rising healthcare costs, according to a survey conducted by Manulife.

22 days ago - BusinessMirror

Manulife’s new Macau office will help insurer tap Greater Bay Area opportunities, CEO says

The Canadian insurer will in October move into a new office in Yoho Treasure Island, a mixed-use complex capable of accommodating 1,000 sales and general staff.

23 days ago - South China Morning Post

Manulife Financial: A Hidden Gem Insurance Company Deserving Of Your Attention

Manulife benefits from robust growth opportunities in Asia. Read why investors should consider capitalizing on MFC stock's recent weakness.

23 days ago - Seeking Alpha

Manulife Financial Corporation announces results of Conversion Privilege of Non-cumulative Rate Reset Class 1 Shares Series 15

C$ unless otherwise stated                                                                                             TSX/NYSE/PSE: MFC     SEHK: 945 TORONTO , June 5, 2024 /PRNewswire/ - Manulife Fi...

27 days ago - PRNewsWire

Manulife Employee Health Report Shows Drug Claims for Anti-Obesity Medications Increased More than 42% from 2022 to 2023; Findings also Highlight Growing Need for Substance Use Disorder Support

Analysis Reveals Current Health Trends of Canadian Workforce C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , May 31, 2024 /CNW/ - Manulife Canada today released its first ever Employe...

4 weeks ago - Benzinga

Manulife bets big on timber as it looks to harvest more than trees

The firm has amassed more than US$16 billion of timberland and agricultural assets under management

4 weeks ago - Financial Post

Manulife Looks to Harvest More Than Trees With Forestland Bet

At Manulife Financial Corp.’s asset-management business, a slow and steady investment with some novel revenue sources is proving lucrative for the Canadian insurer: timber.

4 weeks ago - Financial Post

Manulife CEO on Long-Term Care, Growth Strategy and Asia

Manulife President and CEO Roy Gori discusses the company's exposure to long-term care, growth strategy and Asian business with Katie Greifeld on Bloomberg Television. -------- More on Bloomberg Telev...

5 weeks ago - Bloomberg Markets and Finance

Manulife Financial Corporation announces Dividend Rates on Non-cumulative Rate Reset Class 1 Shares Series 15 and Non-cumulative Floating Rate Class 1 Shares Series 16

C$ unless otherwise stated                                                    TSX/NYSE/PSE: MFC     SEHK: 945 TORONTO , May 21, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife") today an...

6 weeks ago - PRNewsWire

CQS NATURAL RESOURCES GROWTH AND INCOME: Golden opportunities in sight

It is a new dawn for the asset manager, founded 25 years ago by Michael Hintze. It was recently acquired by Canadian financial behemoth Manulife.

6 weeks ago - This is Money

Manulife/John Hancock Enters Five-Year, Multimillion Dollar Research Collaboration with MIT AgeLab to Drive Longevity Innovation and Research

Announces longevity preparedness research; builds on insurer's commitment to help people live longer, healthier, better lives BOSTON , May 14, 2024 /PRNewswire/ - John Hancock, along with its Toronto-...

7 weeks ago - PRNewsWire

India: Manulife says base case is policy continuity

Rana Gupta of Manulife Asset Management discusses India's economic outlook in light of the elections.

7 weeks ago - CNBC

Manulife Announces Election of Directors

C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , May 9, 2024 /CNW/ - Manulife Financial Corporation (Manulife) announced today that each of the following 13 nominees proposed to be ele...

7 weeks ago - Benzinga