Manulife Financial Corporation (TSX: MFC)
Canada
· Delayed Price · Currency is CAD | Market Cap | 57.92B |
| Revenue (ttm) | 40.56B |
| Net Income (ttm) | 4.62B |
| Shares Out | 1.80B |
| EPS (ttm) | 2.15 |
| PE Ratio | 12.29 |
| Forward PE | 8.66 |
| Dividend | 1.10 (3.43%) |
| Ex-Dividend Date | Feb 27, 2024 |
| Volume | 3,632,703 |
| Open | 31.99 |
| Previous Close | 31.94 |
| Day's Range | 31.92 - 32.17 |
| 52-Week Range | 23.69 - 34.05 |
| Beta | 1.09 |
| Analysts | n/a |
| Price Target | 34.98 (+9.07%) |
| Earnings Date | May 8, 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]
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 StatementsNews
Manulife Investment Management Announces Forest Climate Fund's Second Close Bringing Total Commitments Up to $334.5 Million
BOSTON , April 26, 2024 /PRNewswire/ - Manulife Investment Management, the world's largest manager of natural capital with over $16 billion in assets under management in timberland and agriculture com...
Manulife Financial Corporation announces Conversion Privilege of Non-cumulative Rate Reset Class 1 Shares Series 15
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , April 25, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife") today announced t...
Manulife to Release First Quarter 2024 Results
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , April 24, 2024 /CNW/ - Manulife Financial Corporation will release its first quarter 2024 financial results after markets close on Wedn...
Manulife to Release First Quarter 2024 Results
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , April 24, 2024 /PRNewswire/ - Manulife Financial Corporation will release its first quar...
Manulife Financial: Company Firing On All Cylinders, But Valuation Too Rich (Rating Downgrade)
Manulife Investment Management Closes Manulife Strategic Secondaries Fund L.P. as GP-led Secondary Program Reaches More Than $600 Million
US$ unless otherwise stated BOSTON , April 4, 2024 /PRNewswire/ - Manulife Investment Management (Manulife IM) today announced the final closing of Manulife Strategic Secondaries Fund L.P. (the fund).
Manulife Investment Management Completes Acquisition of CQS
LONDON and TORONTO , April 3, 2024 /PRNewswire/ - Manulife Investment Management announced today it has closed on the previously announced agreement to acquire multi-sector alternative credit manager ...
Manulife Closes Largest Canadian Universal Life Reinsurance Transaction with RGA
TSX/NYSE/PSE: MFC SEHK: 945 C$ unless otherwise stated TORONTO , April 2, 2024 /PRNewswire/ - Manulife announced today...
Productivity is a problem, but is it an emergency?
‘Not the most urgent issue facing Canada in the next year,’ Manulife's Frances Donald tells panel
Manulife Financial Corporation (MFC) National Bank Financial 22nd Annual Financial Services Conference (Transcript)
Manulife Financial Corporation (NYSE:NYSE:MFC) National Bank Financial 22nd Annual Financial Services Conference March 27, 2024 11:05 AM ETCompany...
Manulife agrees to reinsure $4.3B of policies with RGA Canada
Manulife Strikes Reinsurance Deal for $4.3 Billion of Policies
Manulife Financial Corp. has struck another deal to offload some of its less-profitable assets, agreeing to reinsure C$5.8 billion ($4.3 billion) of Canadian policies with RGA Life Reinsurance Co. of ...
Manulife's Franklin: Investors should factor geopolitical risks, including India-China border
Manulife's Marc Franklin says that investors are “not comfortable with the status quo” and would likely lead to “coordinated pressure” in the markets. He discusses with Haslinda Amin on Bloomberg Mark...
Manulife's Management Information Circular and Annual Report Now Available
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , March 22, 2024 /PRNewswire/ - Manulife's Management Information Circular and 2023 Annual...
Manulife faces 40% decline in U.S. office investments from peak
North American market deeply impacted by shift to remote work
Canadian inflation is back to target, with one caveat
This is a great chart from Dominique Lapointe at Manulife. He highlights that Canadian February CPI excluding mortgage interest costs was at 2.06% y/y It's "clearly the kind of sustained progress the ...
Manulife Supports Women's Mental Health and Well-Being through CAMH
Manulife Pledges $1 Million Over Three Years to Support Research, Capacity Development and Advocacy TORONTO , March 19, 2024 /CNW/ - The Centre for Addiction and Mental Health (CAMH), through its init...
Manulife Chief Financial Officer, Colin Simpson to participate in fireside chat at National Bank of Canada's 22nd Annual Financial Services Conference
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , March 13, 2024 /CNW/ - Colin Simpson , Chief Financial Officer, Manulife, will participate in a fireside chat at National Bank of Canad...
Wealthy clients turn to HSBC, Manulife, Bank of China amid heightened interest in Hong Kong’s cash-for-residency scheme
Financial firms have been flooded with inquiries after the government started accepting applications under the revamped investment migration programme, under which clients need to invest at least US$3...
Manulife announces additions to its Board of Directors
TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , March 5, 2024 /PRNewswire/ - Manulife announced today that Mike Durland and Don Kanak have been appointed to its Board of Directors, effective March 5, 2024, ...
Manulife Investment Management Announces Close of $752 Million Manulife Capital Partners VII, L.P.
US$ unless otherwise stated BOSTON , March 5, 2024 /PRNewswire/ - Manulife Investment Management announced today the final close of Manulife Capital Partners VII, ...
Manulife to host Investor Day in Asia
TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Feb. 29, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife") is hosting an Investor Day event in Hong Kong and Jakarta from June 25 to 27, 2024. The e...
Global Atlantic Closes $10 Billion Block Reinsurance Transaction with Manulife across both US and Japan Business
NEW YORK--(BUSINESS WIRE)--Global Atlantic Financial Group (“Global Atlantic”), a leading insurance company meeting the retirement and life insurance needs of individuals and institutions, today annou...
Manulife Closes Milestone Reinsurance Transaction with Global Atlantic
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Feb. 22, 2024 /CNW/ - February 22, 2024 – Manulife announced today that it has successfully closed the previously announced transaction...
Manulife Closes Milestone Reinsurance Transaction with Global Atlantic
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Feb. 22, 2024 /PRNewswire/ - February 22, 2024 – Manulife announced...