Manulife's reported results are heavily distorted by IFRS 17 accounting transitions, with revenue swings from -74.3% to +122.6% YoY and volatile loss ratios ranging from -84.3% to 92.1% over the past two years. Underlying underwriting appears stable, as eviden...
Price trend, volume and key moving averages
Start with the evidence for owning the stock and the risks that can break the thesis.
Revenue growth is highly volatile due to IFRS 17, with a -52.1% YoY decline in 2026Q2, yet underwriting profitability improved to a combined ratio of 85.9% from 96.4% in 2024Q1, indicating stronger core margins.
Manulife’s Asia segment, operating in 12 countries, has driven earnings growth with a 25% year‑over‑year increase in US dollar terms. The region now accounts for roughly 38% of the company’s total earnings, underscoring its expanding market share.
The insurer offers a 3.90% dividend yield and has raised its dividend for 12 straight years, most recently boosting payouts by 10%. This track record signals a strong commitment to returning value to shareholders.
Manulife reports a net margin of 10.91% and a payout ratio of 57.33%, comfortably below the 75% threshold that signals sustainable dividend payments. These figures reflect efficient revenue‑to‑profit conversion and solid cash flow generation.
Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q3 2026Latest Aug 5, 2026 | $0.79+1.3% vs $0.78 | $13.9B+90.4% vs $7.3B |
Q2 2026 May 13, 2026 | $0.77-2.5% vs $0.79 | $8.8B+281.3% vs $2.3B |
Q1 2026 Feb 11, 2026 | $0.80+5.3% vs $0.76 | $6.3B+268.7% vs $1.7B |
Q4 2025 Nov 12, 2025 | $0.84+13.5% vs $0.74 | $12.4B vs — |
Bank of America Corp DE purchased a new position in Manulife Financial Corp (NYSE: MFC) (TSE: MFC) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 3,583,735 shares of the financial services provider's stock, valued at approximately $145,177,000. Bank of
TORONTO, Sept. 10, 2026 /PRNewswire/ -- Manulife has appointed Sarah Chapman as Global Chief Marketing & Customer Experience Officer, effective January 1, 2027, reporting to Phil Witherington, President and Chief Executive Officer, and joining Manulife's Executive Leadership Team.
Manulife Financial Corporation (MFC:CA) Presents at Scotiabank's 27th Annual Financials Summit Transcript
Allianz Asset Management GmbH trimmed its position in Manulife Financial Corp (NYSE: MFC) (TSE: MFC) by 25.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 356,049 shares of the financial services provider's stock after selling 120,513 shares during the period. Allianz
Benchmark MFC against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Manulife Financial Corporation (MFC)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $44.17 | $73.71B | 20.18 | 827.41% | 10.91% | 10.97% | 3.12% | |
| $80.71 | $44.72B | 18.41 | 22.29% | 8.14% | 13.76% | — | |
| $95.92 | $61.72B | 19.98 | 10.22% | 4.61% | 12.75% | — | |
| $117.66 | $40.83B | 11.51 | -13.74% | 5.93% | 11.2% | — | |
| $41.01 | $7.84B | 7.02 | 1.24% | 12.18% | 21.99% | — | |
| $93.32 | $14.77B | 21.80 | 2.07% | 5.3% | 6.43% | — |
Manulife Financial Corporation (MFC) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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Manulife Financial Corporation (MFC) stock FAQ — growth, dividends, profitability & financials explained
Manulife Financial Corporation (MFC) grew revenue by 827.4% over the past year. This is strong growth.
Yes, Manulife Financial Corporation (MFC) is profitable, generating $6.73B in net income for fiscal year 2025 (10.9% net margin).
Yes, Manulife Financial Corporation (MFC) pays a dividend with a yield of 3.12%. This makes it attractive for income-focused investors.
Manulife Financial Corporation (MFC) has a return on equity (ROE) of 11.0%. This is reasonable for most industries.
Manulife Financial Corporation (MFC) has a combined ratio of 86.6%. A ratio below 100% indicates underwriting profitability.
