Manulife Financial Corporation (MLU.F)
| Previous Close | 22.50 |
| Open | 22.35 |
| Bid | 22.55 x 42900 |
| Ask | 23.00 x 42100 |
| Day's Range | 22.35 - 22.37 |
| 52 Week Range | 16.07 - 23.12 |
| Volume | |
| Avg. Volume | 41 |
| Market Cap | 40.473B |
| Beta (5Y Monthly) | 1.09 |
| PE Ratio (TTM) | 12.64 |
| EPS (TTM) | 1.77 |
| Earnings Date | May 08, 2024 |
| Forward Dividend & Yield | 1.09 (4.83%) |
| Ex-Dividend Date | Feb 27, 2024 |
| 1y Target Est | N/A |
The Canadian PressManulife reports first-quarter net income of $866 million
TORONTO — Manulife Financial Corp. says first quarter earnings were down from last year because of the effects of a major reinsurance deal. The insurance giant says its net income attributed to shareholders for the quarter ending March 31 was $866 million, down from $1.4 billion in the same quarter last year. It says the results include the $800 million impact from a $13-billion reinsurance deal with Global Atlantic that it says included the largest long-term care reinsurance deal in history. Ma
- Reuters
UPDATE 2-Manulife beats first-quarter profit estimates on Asia unit strength
Canada's Manulife Financial Corp on Wednesday reported better than expected quarterly profit boosted by a robust performance in its Asia business and wealth management unit. The country's largest insurer has counted on its Asia business to boost growth amid uncertainty in other parts of the world despite challenges amid China's slowing economy and a bumpy pandemic recovery. Chief Financial Officer Colin Simpson noted that China, Japan and Singapore were among strong performers while sales in Hong Kong, a region that benefited after the reopening of the border with mainland China last year, slowed.
- Reuters
Manulife beats first-quarter profit estimates on Asia unit strength
The country's largest insurer has counted on its Asia business to boost growth amid uncertainty in other parts of the world despite challenges amid China's slowing economy and a bumpy pandemic recovery. Chief Financial Officer Colin Simpson noted that China, Japan and Singapore were among strong performers while sales in Hong Kong, a region that benefited after the reopening of the border with mainland China last year, slowed.
