智通财经网·2025-11-13 00:01Core Insights - Manulife Financial's core earnings reached a record high of CAD 2 billion for the third quarter ending September 30, 2025, representing a 10% increase compared to the same period in 2024 when adjusted for constant currency [1] - The core EPS increased by 16% to CAD 1.16, while the overall EPS rose by 2% to CAD 1.02 [1] - The company reported a core ROE of 18.1%, up from 16.0% in the previous year [1] Financial Performance - The net income attributable to shareholders was CAD 1.8 billion, remaining stable compared to the third quarter of 2024 [1] - The APE sales increased by 8% year-over-year, while the new business CSM grew by 25% and the new business value increased by 11% [1] - The LICAT ratio stood at 138%, indicating strong capital adequacy [1] Business Operations - Despite experiencing net outflows of CAD 6.2 billion in global wealth and asset management, the core EBITDA margin continued to expand, demonstrating effective operational leverage [2] - The company successfully acquired Comvest Credit Partners and reached an agreement to acquire Schroders' Indonesian business, enhancing service capabilities and client offerings [2] - The updated strategy aims to strengthen confidence in achieving the 2027 targets and solidify Manulife's position as a leading diversified financial services firm headquartered in Canada [2]