Manulife Financial Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Debt Securities	325,416	323,015	314,736	310,176	297,617	318,995
Equity and Preferred Securities	40,660	40,971	33,725	25,531	23,519	28,067
Other Investments	70,750	69,239	68,247	61,165	59,853	57,442
Total Investments	461,814	459,928	442,497	417,210	400,142	427,098
Cash & Equivalents	24,988	26,703	25,789	20,338	19,153	22,594
Reinsurance Contract Assets	65,020	61,075	59,117	42,796	46,544	44,579
Other Receivables	3,512	3,198	2,969	2,678	2,635	3,935
Other Assets	496,167	501,232	474,235	412,890	384,368	442,031
Total Assets	1,026,510	1,025,430	978,818	875,574	833,689	917,643
Claims Reserves	433,728	425,669	409,899	379,812	364,928	395,392
Reinsurance Contract Liabilities	3,423	3,273	2,669	2,831	2,391	-
Accounts Payable	23,831	24,707	22,063	21,616	22,507	20,720
Total Debt	6,429	7,685	6,629	6,071	6,234	4,882
Other Liabilities	506,046	511,611	484,598	416,517	389,403	437,780
Total Liabilities	973,457	972,945	925,858	826,847	785,463	858,774
Preferred Stock	6,660	6,660	6,660	6,660	6,660	6,381
Common Stock	20,082	20,103	20,681	21,527	22,178	23,093
Additional Paid-in Capital	189	199	204	222	238	262
Accumulated Other Comprehensive Income	18,673	18,135	18,663	13,811	13,853	5,180
Retained Earnings	5,028	5,024	4,764	4,819	3,947	23,492
Total Common Shareholders' Equity	50,632	50,121	50,972	47,039	46,876	58,408
Minority Interest	2,424	2,367	1,988	1,688	1,350	461
Shareholders' Equity	53,056	52,488	52,960	48,727	48,226	58,869
Total Liabilities & Equity	1,026,510	1,025,430	978,818	875,574	833,689	917,643
Book Value	50,632	50,121	50,972	47,039	46,876	58,408
Book Value Per Share	29.89	29.34	28.56	25.59	24.50	30.01
Tangible Book Value	50,632	50,121	50,972	47,039	46,876	58,408
Tangible Book Value Per Share	29.89	29.34	28.56	25.59	24.50	30.01

Updated May 13, 2026. Data Source: Fiscal.ai. Insurance template. Financial Sources.