Financial Services -
Insurance - Life - NYSE - CA
$ 30.61
-0.714 %
$ 53.6 B
Market Cap
15.54
P/E
1. INTRINSIC VALUE
Balance Sheet
Manulife Financial Corporation
| Current Assets | 43.5 B |
| Cash & Short-Term Investments | 20.3 B |
| Receivables | 0 |
| Other Current Assets | 23.2 B |
| Non-Current Assets | 810 B |
| Long-Term Investments | 238 B |
| PP&E | 0 |
| Other Non-Current Assets | 572 B |
| Current Liabilities | 0 |
| Accounts Payable | 0 |
| Short-Term Debt | 594 M |
| Other Current Liabilities | -594 M |
| Non-Current Liabilities | 0 |
| Long-Term Debt | 12.1 B |
| Other Non-Current Liabilities | -12.1 B |
EFFICIENCY
Earnings Waterfall
Manulife Financial Corporation
| Revenue | 42.3 B |
| Cost Of Revenue | 5.87 B |
| Gross Profit | 36.4 B |
| Operating Expenses | 42.3 B |
| Operating Income | 9.45 B |
| Other Expenses | 4.34 B |
| Net Income | 5.1 B |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Manulife Financial Corporation
| Net Income | 5.1 B |
| Depreciation & Amortization | 581 M |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 2 M |
| Change in Working Capital | 18.7 B |
| Others | 7.63 B |
| Free Cash Flow | 20.4 B |
Wall Street Analysts Price Targets
Manulife Financial Corporation
MFC has no price targets from Wall Street.
4. DIVIDEND
ANALYSIS
1.08%
DIVIDEND YIELD
0.286 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Manulife Financial Corporation
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|
7. News
MFC Rallies 41.1% in a Year: A Signal for Investors to Hold Tight?
Manulife Financial stock rallies on the back of solid Asia business, expanding Wealth and Asset Management business and solid capital position.
zacks.com
- 2 weeks ago
Manulife Closes LTC Reinsurance Transaction with RGA
TSX/NYSE/PSE: MFC SEHK: 945 C$ unless otherwise stated TORONTO , Jan. 02, 2025 /PRNewswire/ - Manulife announced today that it has closed1 the previously announced transaction to reinsure two blocks of legacy business, including a younger block of long-term care (LTC), with Reinsurance Group of America ("RGA"). "With this second milestone LTC reinsurance transaction, we have now reinsured both mature and younger LTC blocks, further validating our prudent LTC reserves and assumptions," said Manulife President and Chief Executive Officer Roy Gori.
prnewswire.com
- 2 weeks ago
Manulife Financial Expected To Keep Rising On Insurance And Annuities Growth, Profitability
Manulife Financial gets upgraded to a buy, from my prior hold rating, as future revenue and earnings indicators remain strong. Q3 results saw YoY growth in new insurance policies, as well as client inflows to its wealth business. Its profit margin beats key peers, and AI-driven process improvements are expected to make some areas more cost-effective.
seekingalpha.com
- 1 month ago
Manulife announces results of external auditor tender process
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Dec. 10, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife" or the "Company") has announced that the Board of Directors of Manulife (the "Board") have endorsed the re-appointment of Ernst & Young LLP ("EY") as the Company's external auditor. The decision was made following a thorough and competitive external auditor tender process.
prnewswire.com
- 1 month ago
Manulife cautions investors regarding New York Stock and Bond LLC offer for shares
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Dec. 9, 2024 /PRNewswire/ - Manulife has been notified of an unsolicited mini-tender offer made by New York Stock and Bond LLC (New York Stock and Bond) to purchase up to 50,000 Manulife common shares, or less than 0.003% of the common shares outstanding, at a price of USD$12.50 per share. Manulife is in no way associated with New York Stock and Bond and does not recommend or endorse acceptance of this unsolicited offer.
prnewswire.com
- 1 month ago
Why Is Manulife (MFC) Up 0.8% Since Last Earnings Report?
Manulife (MFC) reported earnings 30 days ago. What's next for the stock?
zacks.com
- 1 month ago
Manulife Financial Corporation announces results of Conversion Privilege of Non-cumulative Rate Reset Class 1 Shares Series 17
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , 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 "Series 18 Preferred Shares"), the holders of Series 17 Preferred Shares are not entitled to convert their Series 17 Preferred Shares into Series 18 Preferred Shares. There were 6,650 Series 17 Preferred Shares elected for conversion, which is less than the minimum one million shares required to give effect to conversions into Series 18 Preferred Shares.
prnewswire.com
- 1 month ago
Conquest Planning Surpasses 1 Million Plans Created, Selected as Top Innovator in Manulife and World Economic Forum's Prospering in Longevity Challenge
WINNIPEG, Manitoba--(BUSINESS WIRE)-- #AI--Conquest Planning surpasses 1 million financial plans, earns top industry accolades and expands reach of its AI-driven financial planning software.
businesswire.com
- 1 month ago
Manulife President and Chief Executive Officer Roy Gori to participate in fireside chat with TD Securities
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , 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.
prnewswire.com
- 1 month ago
Manulife announces Subordinated Debenture issue
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 The 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 "Debentures").
prnewswire.com
- 1 month ago
Manulife Stock Rallies 48% YTD: Time to Buy for Better Return?
MFC appears well-poised for growth on its strengthening Asia business, expanding Wealth and Asset Management business, cost savings to improve profitability and solid capital position.
zacks.com
- 1 month ago
What Makes Manulife Financial (MFC) a Strong Momentum Stock: Buy Now?
Does Manulife Financial (MFC) have what it takes to be a top stock pick for momentum investors? Let's find out.
zacks.com
- 1 month ago
8. Profile
Summary
Manulife Financial Corporation MFC
COUNTRY
CA
INDUSTRY
Insurance - Life
MARKET CAP
$ 53.6 B
Dividend Yield
1.08%
Description
Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in Asia, Canada, the United States, and internationally. The company operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; And Corporate and Other segments. The Wealth and Asset Management Businesses segment provides mutual funds and exchange-traded funds, group retirement and savings products, and institutional asset management services through agents and brokers affiliated with the company, securities brokerage firms, and financial advisors pension plan consultants and banks. The Insurance and Annuity Products segment offers deposit and credit products; individual life, and individual and group long-term care insurance; and guaranteed and partially guaranteed annuity products through insurance agents, brokers, banks, financial planners, and direct marketing. The Corporate and Other segment is involved in property and casualty insurance and reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. It also manages timberland and agricultural portfolios; and engages in insurance agency, portfolio and mutual fund management, mutual fund dealer, life, annuity, long-term care, and financial reinsurance; and fund management businesses. Additionally, the company holds and manages provides investment management, counseling, advisory, and dealer services. Manulife Financial Corporation was incorporated in 1887 and is headquartered in Toronto, Canada.
Contact
200 Bloor Street East, Toronto, ON, M4W 1E5
https://www.manulife.com
IPO
Date
Sept. 24, 1999
Employees
38000
Officers
Mr. Roy Gori
President, Chief Executive Officer & Director
Mr. Paul Raymon Lorentz
President and Chief Executive Officer of Global Wealth & Asset Management
Mr. James David Gallagher J.D.
General Counsel
Mr. Philip James Witherington CPA
President & Chief Executive Officer of Manulife Asia
Mr. Colin L. Simpson
Chief Financial Officer
Ms. Lynda D. Sullivan
Executive Vice President & Chief Accounting Officer
Mr. Rahul Madhav Joshi
Chief Operations Officer
Mr. Marc M. Costantini
Global Head of Strategy and Inforce Management
Mr. Shamus Edward Weiland
Global Chief Information Officer
Mr. Trevor Kreel
Chief Investment Officer