C$ unless otherwise stated                    TSX/NYSE/PSE: MFC     SEHK: 945TORONTO, Dec. 5, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife") today announced that after having taken into account all election notices received by the December 4, 2024 deadline for conversion of its currently outstanding 14,000,000 Non-cumulative Rate Reset Class 1 Shares Series 17 (the "Series 17 Preferred Shares") (TSX: MFC.PR.M) into Non-cumulative Floating Rate Class 1 Shares Series 18 of Manulife (the "Seri ...

C$ unless otherwise stated                            TSX/NYSE/PSE: MFC     SEHK: 945TORONTO, Dec. 4, 2024 /PRNewswire/ - Roy Gori, President and Chief Executive Officer, Manulife, will participate in a fireside chat with TD Securities Analyst, Mario Mendonca on Tuesday, December 10, 2024. The event is scheduled to begin at 3:00 p.m. ET.A live and replay of the fireside chat will be available through Manulife's Investor Relations website. The replay will be available for three months. About ManulifeManulife ...

C$ unless otherwise stated                                               TSX/NYSE/PSE: MFC     SEHK: 945The prospectus supplement, the corresponding base shelf prospectus and any amendment thereto in connection with this offering will be accessible through SEDAR+ within two business days.TORONTO, Dec. 3, 2024 /PRNewswire/ - Manulife Financial Corporation ("MFC") announced today that it intends to issue $1 billion principal amount of 4.064% fixed/floating subordinated debentures due December 6, 2034 (the "De ...

Manulife Financial Corporation (MFC) shares have rallied 47.9% year to date, outperforming the industry’s growth of 31.5%, the Finance sector’s increase of 20.9% and the S&P 500 Composite’s gain of  24.4%. With a market capitalization of $57.4 billion, the average volume of shares traded in the last three months was 1.9 million.The strength of its Asia business, expanding Wealth and Asset Management business and solid capital position continue to drive this life insurer. Manulife is one of the three dominan ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

Manulife Financial Corporation (MFC) has inked a $5.4 billion reinsurance agreement with Reinsurance Group of America (RGA) . This strategic move is intended to optimize the portfolio and release capital to distribute wealth to its shareholders.  The deal is priced at 11.4 times the core earnings multiple and bears testimony to its prudent LTC reserves and assumptions.Per the transaction, Manulife has reinsured its $2.4 billion of long-term care (LTC) reserves by RGA on a full-risk transfer basis. This repr ...

C$ unless otherwise stated                                                                                   TSX/NYSE/PSE: MFC     SEHK: 945TORONTO, Nov. 20, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife") today announced the applicable dividend rates for its Non-cumulative Rate Reset Class 1 Shares Series 17 (the "Series 17 Preferred Shares") (TSX: MFC.PR.M) and Non-cumulative Floating Rate Class 1 Shares Series 18 (the "Series 18 Preferred Shares").With respect to any Series 17 Preferred S ...

C$ unless otherwise stated                                            TSX/NYSE/PSE: MFC     SEHK: 945Board names Phil Witherington, Manulife Asia CEO, as SuccessorTORONTO, Nov. 18, 2024 /PRNewswire/ - Manulife Financial Corporation's (MFC) Board today announced that President and Chief Executive Officer Roy Gori has informed them of his intention to retire, effective May 8, 2025, with Phil Witherington appointed as his successor and joining the Board of Directors at that time. To support this transition, fo ...

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use tried-and-true metrics and fundamental ...

Have you been paying attention to shares of Manulife Financial (MFC) ? Shares have been on the move with the stock up 7.3% over the past month. The stock hit a new 52-week high of $32.94 in the previous session. Manulife Financial has gained 46.1% since the start of the year compared to the 23.3% move for the Zacks Finance sector and the 30.4% return for the Zacks Insurance - Life Insurance industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't m ...