skynesher/E+ via Getty Images Please note all $ figures in $CAD, not $USD, unless otherwise noted. Introduction Shares of Manulife Financial Corporation (NYSE:MFC, TSX:MFC:CA) have been on a tear lately, up 23% year to date and 41% over the last year. With strong share price performance driven by increasing ROEs across the Canadian Lifeco space, I think shares are still attractively priced when we consider that the company's ROEs are sustainable. As such, I believe the company's valuation doesn't fully acco ...

Manulife Financial Corporation (MFC) delivered second-quarter 2024 core earnings of 66 cents per share, which beat the Zacks Consensus Estimate by 3.1%. The bottom line improved 6.4% year over year. Core earnings of $1.3 billion (C$1.7 billion) increased 8.3% year over year. The improvement was driven by continued business growth momentum and updates to actuarial methods and assumptions in the second half of 2023, higher fee income from favorable market impacts and positive net flows, a favorable tax true-u ...

Ta b l e o f C o n t e n t s E x hibit 9 9.1 S e c o n d Q u a r t e r R e p o r t t o S h a r e h o l d e r s T h r e e a n d s i x m o n t h s e n d e d J u n e 3 0, 2 0 2 4 M a n u l i fe F i n a n c i a l C o rp o r a t i o n Table of Contents Manulife Financial Corporation ("Manulife" or the "Company") reported its second quarter results for the period ended June 30, 2024, delivering positive momentum in core earnings, new business and book value growth. Key highlights for the second quarter of 2024 (" ...

C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO, Aug. 7, 2024 /PRNewswire/ - Manulife's Board of Directors today announced quarterly shareholders' dividends on the following non-cumulative preferred shares of Manulife Financial Corporation, payable on or after September 19, 2024, to shareholders of record at the close of business on August 21, 2024: Class A Shares Series 2 - $0.29063 per share Class A Shares Series 3 - $0.28125 per share Class 1 Shares Series 3 - $0.14675 per share Class 1 Sh ...

C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO, Aug. 7, 2024 /PRNewswire/ - Manulife's Board of Directors today announced a quarterly common shareholders' dividend of $0.40 per share on the common shares of Manulife, payable on and after September 19, 2024, to shareholders of record at the close of business on August 21, 2024. In respect of the Company's Canadian Dividend Reinvestment and Share Purchase Plan and its U.S. Dividend Reinvestment and Share Purchase Plan, the Company will purchas ...

TSX/NYSE/PSE: MFC SEHK: 945 C$ unless otherwise stated TORONTO, Aug. 7, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife" or the "Company") reported its second quarter results for the period ended June 30, 2024, delivering positive momentum in core earnings, new business and book value growth. Key highlights for the second quarter of 2024 ("2Q24") include: Core earnings1 of $1.7 billion, up 6% on a constant exchange rate basis2 from the second quarter of 2023 ("2Q23") Net income attributed to s ...

While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. Revenues are expected to be $8.95 billion, down 0.5% from the year-ago quarter. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. The Zacks Ea ...

A live webcast and conference call are scheduled for Thursday, August 8, 2024, at 8:00 a.m. (ET) where members of Manulife's executive leadership team will discuss the results, followed by a question and answer period with analysts. About Manulife SOURCE Manulife Financial Corporation C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 The archived webcast will be available at manulife.com/en/investors/results-and-reports following the call. A replay of the call will also be available until September 7, ...

BOSTON, July 8, 2024 /PRNewswire/ - John Hancock, along with its Toronto-based parent company Manulife (NYSE: MFC), announced Hector Martinez joins the company today as its new Head of Insurance. Martinez joins John Hancock from Equitable where he led all aspects of the company's individual life insurance business, including new business development, underwriting, and life insurance product development and distribution. Before Equitable, Martinez served for over a decade in leadership positions at Crump Lif ...

Manulife is scaling up its business across Asia by expanding its distribution network, securing and deepening strategically important distribution agreements with key partners in Japan, Indonesia and Cambodia, and enhancing the mainland Chinese visitor (MCV) capabilities to complement the prominent domestic franchise in Hong Kong, among others. Manulife Asset Management has identified Europe (and the wider EMEA market) as a significant growth area and is making long-term investments in the region. In tandem ...