Core Viewpoint - Sun Life Financial Inc. reported strong growth in both top and bottom lines for Q1 2025, driven by robust performance across all business segments and a focus on client needs through digital tools and strategic initiatives [4][6][61]. Financial Performance - Underlying net income for Q1 2025 was $1,045 million, an increase of $170 million or 19% from Q1 2024 [6][11]. - Reported net income for common shareholders was $928 million, up $110 million or 13% year-over-year [6][11]. - Underlying EPS rose to $1.82 from $1.50, while reported EPS increased to $1.62 from $1.40 [5][6]. Business Segment Highlights Asset Management - Underlying net income for Asset Management was $351 million, a 24% increase from the previous year [14]. - Total assets under management (AUM) reached $1,551 billion, up $81 billion or 6% from Q1 2024 [6][11]. - MFS and SLC Management contributed to strong performance, with MFS experiencing net outflows of $11.6 billion, while SLC Management saw inflows of $2.9 billion [18][19]. Canada - Underlying net income in Canada was $376 million, reflecting a 21% increase from the prior year [23]. - Reported net income for Canada was $351 million, also up 21% year-over-year [23]. - Sales in Canada showed growth, with Group - Health & Protection sales increasing by 10% and Individual - Protection sales up by 15% [10][24]. United States - U.S. underlying net income was US$151 million, a 7% increase, while reported net income surged by 82% to US$129 million [27][28]. - Group sales in the U.S. decreased by 13%, primarily due to lower Medicaid sales [28][29]. Asia - Underlying net income in Asia was $197 million, an 11% increase, while reported net income decreased by 29% due to prior year gains [33][34]. - New business Contractual Service Margin (CSM) rose to $273 million, up from $230 million in the prior year [34][35]. Capital Position and Dividends - The LICAT ratio stood at 149%, indicating a strong capital position [4][11]. - The company announced a 5% increase in its common share dividend, raising it from $0.84 to $0.88 per share [4][6]. Strategic Initiatives - Sun Life continues to enhance its Client Impact Strategy through digital tools and capabilities, aiming to improve client experiences and operational efficiency [4][29]. - The company is focused on expanding its distribution in fast-growing markets, particularly in Asia, through partnerships and innovative product offerings [35][36].

Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Sun Life, driven by higher revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - Sun Life is expected to report earnings of $1.22 per share, reflecting a +9.9% year-over-year change, and revenues are projected at $6.44 billion, up 26.2% from the previous year [3]. - The earnings report is scheduled for May 8, 2025, and could influence stock movement based on whether results exceed or fall short of expectations [2]. Estimate Revisions - The consensus EPS estimate has been revised 3.53% lower in the last 30 days, indicating a reassessment by analysts [4]. - The Most Accurate Estimate for Sun Life is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +0.27% [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive reading indicates a likely earnings beat, particularly when combined with a strong Zacks Rank [8]. - Sun Life currently holds a Zacks Rank of 4, which complicates predictions of an earnings beat despite a positive Earnings ESP [11]. Historical Performance - In the last reported quarter, Sun Life's expected earnings were $1.24 per share, but it delivered $1.20, resulting in a -3.23% surprise [12]. - Over the past four quarters, Sun Life has beaten consensus EPS estimates two times [13]. Industry Comparison - Jackson Financial, another player in the life insurance sector, is expected to report earnings of $4.93 per share, a +16.6% year-over-year change, with revenues projected at $1.78 billion, down 35.9% from the previous year [17]. - Jackson Financial's consensus EPS estimate has been revised 10.2% lower, and it also holds a Zacks Rank of 4, making predictions of an earnings beat challenging [18].

TORONTO, April 24, 2025 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) will release its first quarter financial results on Thursday, May 8, 2025 after markets close. A live webcast of the quarterly results will be available the following day – May 9, 2025 at 10:00 a.m. ET Date: Friday, May 9, 2025 Time: 10:00 a.m. ET Access the call and presentation via live webcast. Access the call via telephone. The webcast replay will be available after the event. About Sun Life Sun Life is a leading inter ...

Core Insights - Sun Life U.S. has renewed its support for the National Alliance on Mental Illness (NAMI) with a $50,000 donation to the Hearts + Minds (H+M) program, which focuses on educating individuals about managing both physical and mental wellness [1][2] - The H+M program has shown positive results, with a 2024 survey indicating that 80% of participants reported an increase in knowledge of healthy behaviors [2] - Sun Life emphasizes the importance of eliminating stigma around mental health and ensuring universal access to mental health support services [3] Company Initiatives - Sun Life U.S. supports various community organizations, including Hartford Behavioral Health, and advocates for mental health parity in long-term disability insurance [3] - The company employs over 8,500 people in the U.S. and provides a wide range of benefits and services to approximately 50 million Americans [7] Financial Overview - As of December 31, 2024, Sun Life had total assets under management of C$1.54 trillion [5]

Core Insights - Sun Life U.S. has been recognized as a 2025 USA Today Top Place to Work, achieving the Crystal Award for five consecutive years, based on employee survey results and company culture [1][2] - The company emphasizes a flexible culture and hybrid work model, supporting employee wellness and productivity through state-of-the-art offices [1][3] Employee Engagement and Benefits - Sun Life U.S. offers a comprehensive benefits portfolio, including one of the most generous paid family and medical leave programs in the country, supporting caregivers and new parents [2] - The company provides a sabbatical program for professional or personal development, allowing employees to take extended time off [2] Workplace Culture - The company promotes a flexible, hybrid work culture, allowing employees to choose between in-office and remote work, enhancing work/life balance [3] - Sun Life hosts events like the "Sunny Games," an online trivia tournament that fosters team bonding and employee engagement [4] Inclusion and Diversity - Sun Life is committed to creating an inclusive workplace, empowering employees to bring their authentic selves to work, and has established several Inclusion Networks [5] - The company has received multiple workplace recognitions, including from Forbes and TIME, and holds a 100% score from the Human Rights Campaign's Corporate Equality Index [6] Company Overview - Sun Life is a leading international financial services organization with operations in various global markets, including the U.S., Canada, and several Asian countries [7] - As of December 31, 2024, Sun Life had total assets under management of C$1.54 trillion [7] - Sun Life U.S. serves approximately 50 million Americans, providing a wide range of employee and government benefits [9]

TORONTO, March 25, 2025 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) (the "Company") today announced that its Annual Meeting of shareholders and the Annual Meeting of voting policyholders of Sun Life Assurance Company of Canada scheduled for Thursday, May 8, 2025 will be held both via live webcast and in person. The Company also announced that its 2024 Annual Report and its Notice of Annual Meeting and Management Information Circular for the 2025 annual meeting are now available.Annual Meet ...

The three-year agreement will help thousands of at-risk children connect to long-term dental services in their communityWELLESLEY, Mass., March 25, 2025 /PRNewswire/ -- Sun Life U.S. and DentaQuest, part of its Dental business, today announced a three-year agreement to continue supporting TeamSmile as it aims to help more underserved children get oral healthcare and education. With a funding total of $825,000 over three years, this partnership will help reach even more children served through TeamSmile's fl ...

Core Insights - Sun Life Financial Inc. appointed Natalie Brady as Senior Vice-President, Capital Management and Investor Relations, bringing 25 years of experience within the company [1][2] - Natalie will oversee engagement strategies with institutional investors, analysts, and rating agencies, and manage Treasury and Capital Management teams [2] - Sun Life operates in multiple global markets and had total assets under management of $1.54 trillion as of December 31, 2024 [3] Company Overview - Sun Life is a leading international financial services organization providing asset management, wealth, insurance, and health solutions [3] - The company has operations in various countries, including Canada, the United States, the United Kingdom, and several Asian markets [3] - Sun Life trades on the Toronto, New York, and Philippine stock exchanges under the ticker symbol SLF [4]

Core Viewpoint - Sun Life Financial Inc. (SLF) has shown a 3% increase in share price over the past year, underperforming compared to the industry growth of 13.1%, the Finance sector's return of 14.5%, and the S&P 500's appreciation of 7.6% [1]. Group 1: Financial Performance - SLF has a market capitalization of $32.40 billion, with an average trading volume of 0.7 million shares over the last three months [1]. - The Zacks Consensus Estimate projects a 6.3% year-over-year increase in SLF's earnings per share for 2025, with revenues expected to reach $25.73 billion, reflecting a 10.6% improvement [5]. - SLF's return on equity (ROE) for the trailing 12 months stands at 16.8%, surpassing the industry average of 15.5% [6]. Group 2: Strategic Focus - The company is concentrating on emerging economies in Asia, which are anticipated to yield higher returns compared to North American markets, with a notable presence in countries like China, the Philippines, and India [7]. - SLF aims to be among the top five players in the voluntary benefits sector and is shifting its growth focus towards capital-light products that provide more predictable earnings [8]. Group 3: Asset Management and Capital Position - SLF is enhancing its Asset Management division, which is expected to yield higher ROE and lower capital requirements, contributing to earnings growth [9]. - The company maintains a strong capital position, allowing it to distribute wealth to shareholders through increased dividends and share buybacks [10]. Group 4: Valuation and Investment Considerations - SLF's shares are currently trading at a price-to-book multiple of 10.78, which is higher than the industry average of 7.75, indicating an expensive valuation [11]. - The ongoing transition to fee-based, capital-light businesses is seen as favorable for growth, with operational efficiency supporting a robust capital position [12].

Core Insights - Sun Life's Executive Vice President & Chief Financial Officer, Tim Deacon, will participate in a fireside chat at the National Bank Financial Markets' 23rd Annual Financial Services Conference on March 26, 2025, at 11:30 a.m. ET [1] - Sun Life is a prominent international financial services organization that offers asset management, wealth, insurance, and health solutions to both individual and institutional clients [1] - As of December 31, 2024, Sun Life reported total assets under management amounting to $1.54 trillion [1] Company Overview - Sun Life operates in various global markets, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia, and Bermuda [1] - The company is publicly traded on the Toronto (TSX), New York (NYSE), and Philippine (PSE) stock exchanges under the ticker symbol SLF [2]