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Manulife Financial Corp (MFC.TO)

MFC.TO on Toronto Stock Exchange

21.67CAD
23 Aug 2019
Change (% chg)

$-0.48 (-2.17%)
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$22.15
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$21.58
Volume
3,035,921
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$25.18
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$18.33

Latest Key Developments (Source: Significant Developments)

Manulife Q2 Sales Rose 7 Percent To C$1.4 Billion
Wednesday, 7 Aug 2019 05:00pm EDT 

Aug 7 (Reuters) - Manulife Financial Corp ::MANULIFE REPORTS 2Q19 NET INCOME AND CORE EARNINGS OF $1.5 BILLION.Q2 SALES ROSE 7 PERCENT TO C$1.4 BILLION.QTRLY DILUTED EARNINGS PER COMMON SHARE $0.73.QTRLY CORE ROE 12.7% VERSUS 14.0%.ACHIEVED NEW BUSINESS VALUE OF $479 MILLION IN 2Q19, AN INCREASE OF 14% COMPARED WITH 2Q18.QTRLY DILUTED CORE EARNINGS PER COMMON SHARE $0.72.REPORTED ANNUALIZED PREMIUM EQUIVALENT SALES OF $1.4 BILLION IN 2Q19, AN INCREASE OF 7% COMPARED WITH 2Q18.REPORTED NEUTRAL GLOBAL WEALTH AND ASSET MANAGEMENT NET FLOWS IN 2Q19 COMPARED WITH POSITIVE NET FLOWS OF $0.1 BILLION IN 2Q18.AT QUARTER-END, WEALTH AND ASSET MANAGEMENT ASSETS UNDER MANAGEMENT AND ADMINISTRATION WERE $653.1 BILLION VERSUS $639.9 BILLION.Q2 EARNINGS PER SHARE VIEW C$0.71 -- REFINITIV IBES DATA.  Full Article

Manulife Financial Corp Says Gregory Framke Resigned As Executive Vice President
Sunday, 2 Jun 2019 08:10pm EDT 

June 3 (Reuters) - Manulife Financial Corp ::GREGORY FRAMKE RESIGNED AS EXECUTIVE VICE PRESIDENT.GRETCHEN GARRIGUES RESIGNS AS EXECUTIVE VICE PRESIDENT.  Full Article

AMS Announces Solar And Storage Partnership With 38 Degrees North And John Hancock
Monday, 13 May 2019 12:00pm EDT 

May 13 (Reuters) - AMS::ENERGY MANAGEMENT SERVICES CO, AMS, SAYS ANNOUNCED ESTABLISHMENT OF SOLAR & STORAGE ENERGY PARTNERSHIP WITH 38 DEGREES NORTH, & JOHN HANCOCK, AFFILIATES.  Full Article

Manulife Financial Says Has Unified Institutional, Retail And Retirement Wealth And Asset Management Businesses Around World Under A Single Brand
Tuesday, 7 May 2019 07:45am EDT 

May 7 (Reuters) - Manulife Financial Corp ::INTRODUCING MANULIFE INVESTMENT MANAGEMENT.MANULIFE FINANCIAL - HAS UNIFIED ITS INSTITUTIONAL, RETAIL AND RETIREMENT WEALTH AND ASSET MANAGEMENT BUSINESSES AROUND WORLD UNDER A SINGLE, NEW BRAND.MANULIFE FINANCIAL - RETAIL BUSINESS WILL USE MANULIFE INVESTMENT MANAGEMENT BRAND.MANULIFE FINANCIAL - UNIFYING ITS GLOBAL INSTITUTIONAL, RETAIL AND RETIREMENT BUSINESSES UNDER A SINGLE, NEW BRAND: MANULIFE INVESTMENT MANAGEMENT.MANULIFE FINANCIAL - RETIREMENT BUSINESS WILL USE MANULIFE BRAND AROUND GLOBE EXCEPT IN UNITED STATES.  Full Article

Manulife QTRLY Diluted Earnings Per Common Share $1.08
Wednesday, 1 May 2019 05:01pm EDT 

May 1 (Reuters) - Manulife Financial Corp ::MANULIFE REPORTS 1Q19 NET INCOME OF $2.2 BILLION AND CORE EARNINGS OF $1.5 BILLION WITH STRONG GROWTH IN ASIA.Q1 SALES ROSE 23 PERCENT TO C$1.7 BILLION.QTRLY DILUTED EARNINGS PER COMMON SHARE $1.08.QTRLY DILUTED CORE EARNINGS PER COMMON SHARE $0.76.QTRLY RETURN ON COMMON SHAREHOLDERS' EQUITY ("ROE") 20.1% VERSUS 14.1%.MANULIFE FINANCIAL - REPORTED NEGATIVE GLOBAL WEALTH AND ASSET MANAGEMENT NET FLOWS OF $1.3 BILLION IN 1Q19 COMPARED WITH POSITIVE NET FLOWS OF $10.0 BILLION IN 1Q18.REPORTED ANNUALIZED PREMIUM EQUIVALENT ("APE") SALES OF $1.7 BILLION IN 1Q19, AN INCREASE OF 23% COMPARED WITH 1Q18.QTRLY WEALTH AND ASSET MANAGEMENT ASSETS UNDER MANAGEMENT AND ADMINISTRATION $648.1 BILLION VERSUS $626.8 BILLION.  Full Article

Court reserves judgment on Manulife hedge fund court case
Thursday, 14 Feb 2019 02:57pm EST 

Feb 14 (Reuters) - Manulife Financial Corp ::COURT IN SASKATCHEWAN, CANADA RESERVES JUDGMENT ON OUTCOME OF MANULIFE HEDGE FUND COURT CASE.  Full Article

Manulife To Amend Normal Course Issuer Bid To Repurchase For Cancellation Up To Additional 59 Mln Of Common Shares
Wednesday, 13 Feb 2019 05:17pm EST 

Feb 13 (Reuters) - Manulife Financial Corp ::MANULIFE ANNOUNCES INTENTION TO AMEND NORMAL COURSE ISSUER BID TO REPURCHASE FOR CANCELLATION UP TO AN ADDITIONAL 59 MILLION OF ITS COMMON SHARES.MANULIFE - TO AMEND NORMAL COURSE ISSUER BID TO INCREASE NUMBER OF SHARES CO MAY REPURCHASE FROM 40 MILLION COMMON SHARES TO 99 MILLION COMMON SHARES.  Full Article

Rga Announces Longevity Transaction With Manulife
Wednesday, 13 Feb 2019 05:10pm EST 

Reinsurance Group of America Inc ::RGA ANNOUNCES LONGEVITY TRANSACTION WITH MANULIFE.RGA LIFE REINSURANCE COMPANY OF CANADA - ADDITIONAL TERMS OF TRANSACTION ARE NOT BEING DISCLOSED.RGA LIFE REINSURANCE CO OF CANADA - COMPLETION OF TRANSACTION WITH MANULIFE TO REINSURE LONGEVITY RISK FROM IN-FORCE BLOCK OF CANADIAN GROUP PAYOUT ANNUITIES.RGA LIFE REINSURANCE COMPANY OF CANADA - IN AGGREGATE, RGA CANADA WILL REINSURE LONGEVITY RISK IN RESPECT OF APPROXIMATELY 45,000 ANNUITANTS.  Full Article

Manulife Financial Sets Quarterly Dividend Of C$0.25Per Share
Wednesday, 13 Feb 2019 05:02pm EST 

Manulife Financial Corp ::SETS QUARTERLY DIVIDEND OF C$0.25PER SHARE.  Full Article

Manulife Financial Corp QTRLY Diluted Core Earnings Per Common Share $0.65
Wednesday, 13 Feb 2019 05:01pm EST 

Manulife Financial Corp ::MANULIFE REPORTS 2018 NET INCOME OF $4.8 BILLION, AND CORE EARNINGS OF $5.6 BILLION WITH DOUBLE-DIGIT GROWTH ACROSS ALL OPERATING SEGMENTS.REPORTED ANNUALIZED PREMIUM EQUIVALENT SALES OF $1.5 BILLION IN 4Q18, AN INCREASE OF 14% COMPARED WITH 4Q17.QTRLY DILUTED EARNINGS PER COMMON SHARE $0.28.QTRLY DILUTED CORE EARNINGS PER COMMON SHARE $0.65.QTRLY CORE RETURN ON COMMON SHAREHOLDERS' EQUITY OF 12.5 PERCENT.Q4 EARNINGS PER SHARE VIEW C$0.66 -- REFINITIV IBES DATA.NET FLOWS WERE NEGATIVELY IMPACTED BY SIGNIFICANT MARKET VOLATILITY IN Q4.GLOBAL WEALTH AND ASSET MANAGEMENT 4Q18 NET FLOWS WERE NEGATIVE $9.0 BILLION VERSUS POSITIVE NET FLOWS OF $3.6 BILLION IN 4Q17.  Full Article

Manulife profit beats on strength in Asia unit

Canada's largest insurer insurer Manulife Financial Corp on Wednesday edged past estimates for second-quarter profit, helped by strength in Asia unit, its biggest.