MFC
Manulife Financial Corporation
Price Chart
Latest Quote
$39.70
-0.49 (-1.22%)
Current Price
| Previous Close | $40.19 |
| Open | $40.15 |
| Day High | $40.22 |
| Day Low | $39.48 |
| Volume | 1,569,651 |
Stock Information
Note: Financial values converted from CAD to USD
| Quarterly Dividend / Yield | $1.33 / 3.32% |
| Shares Outstanding | 1.67B |
| Quarterly Dividend Yield | 3.32% |
| Quarterly Dividend | $1.33 |
| Total Debt | $16.51B |
| Cash Equivalents | $21.28B |
| Revenue | $22.50B |
| Net Income | $4.15B |
| Sector | Financial Services |
| Industry | Insurance - Life |
| Market Cap | $66.13B |
| P/E Ratio | 16.20 |
| EPS (TTM) | $2.45 |
| Exchange | NYQ |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $63.52B |
| Sales | $22.50B |
| Income | $4.15B |
| Book/sh | $20.62 |
| Cash/sh | $18.18 |
| Employees | 37K |
Financial Ratios
| Quick Ratio | 8.90 |
| Current Ratio | 30.14 |
| Debt/Eq | 44.28 |
| EPS Growth TTM | 114.20% |
Returns & Margins
| ROA | 0.59% |
| ROE | 12.56% |
| Gross Margin | 50.32% |
| Operating Margin | 19.05% |
| Profit Margin | 20.04% |
Ownership
| Insider Ownership | 0.02% |
| Institutional Ownership | 54.32% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 11.43 |
| PEG | 0.78 |
| P/S | 2.06 |
| P/B | 1.92 |
Analyst Data
| Recommendation | buy |
| Target Price | $33.40 |
Technical Indicators
| SMA20 | $39.31 |
| SMA50 | $38.78 |
| SMA200 | $35.19 |
| RSI | 65.71 |
| ATR | 0.7854 |
| Shares Float | 1.67B |
| Short Ratio | 10.00 |
| Volatility | 0.78 |
| Rel Volume | 0.65 |
Performance History
| Week | -3.45% |
| Month | +3.99% |
| Quarter | +16.38% |
| 6 Months | +11.92% |
| YTD | +11.67% |
| Year | +29.25% |
| 3 Years | +133.94% |
| 5 Years | +146.36% |
| 10 Years | +384.48% |
Stock Score:
â Premium
Based on debt, profitability, growth, and cash flow metrics
â Premium Feature
Sign up for free to view detailed scoring breakdown â premium is free during our trial period!
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-24 | $39.70 | 1,569,651 |
| 2026-06-23 | $40.19 | 1,861,300 |
| 2026-06-22 | $40.34 | 2,745,400 |
| 2026-06-18 | $40.61 | 1,433,200 |
| 2026-06-17 | $40.39 | 2,502,400 |
| 2026-06-16 | $41.12 | 1,174,500 |
| 2026-06-15 | $40.74 | 982,800 |
| 2026-06-12 | $40.31 | 1,651,100 |
| 2026-06-11 | $39.79 | 1,956,500 |
| 2026-06-10 | $39.25 | 2,650,300 |
| 2026-06-09 | $38.86 | 2,415,000 |
| 2026-06-08 | $38.89 | 2,162,500 |
| 2026-06-05 | $38.71 | 2,346,400 |
| 2026-06-04 | $38.50 | 2,465,900 |
| 2026-06-03 | $38.17 | 2,364,500 |
| 2026-06-02 | $38.44 | 1,351,600 |
| 2026-06-01 | $37.68 | 1,843,000 |
| 2026-05-29 | $38.19 | 3,859,500 |
| 2026-05-28 | $37.94 | 9,115,100 |
| 2026-05-27 | $38.35 | 1,687,100 |
| 2026-05-26 | $38.23 | 1,446,800 |
About Manulife Financial Corporation
Manulife Financial Corporation, together with its subsidiaries, provides financial products and services in the United States, Canada, Asia, and internationally. It operates through Wealth and Asset Management Businesses; Insurance and Annuity Products; and Corporate and Other segments. The Wealth and Asset Management Businesses segment offers investment advice and solutions to retirement, retail, and institutional clients through multiple distribution channels, including agents and brokers affiliated with the company, independent securities brokerage firms and financial advisors pension plan consultants, and banks. The Insurance and Annuity Products segment provides deposit and credit products; and individual life insurance, individual and group long-term care insurance, and guaranteed and partially guaranteed annuity products through multiple distribution channels, including insurance agents, brokers, banks, financial planners, and direct marketing. The Corporate and Other segment is involved in the property and casualty reinsurance businesses; and run-off reinsurance operations, including variable annuities, and accident and health. The company also manages timberland and agricultural portfolios; and engages in the insurance agency, broker dealer, investment counseling, portfolio and mutual fund management, property and casualty insurance, and fund and investment management businesses. In addition, it provides integrated banking products and services, as well as offers asset management services. The company was incorporated in 1887 and is headquartered in Toronto, Canada.
đ° Latest News
SLF Stock Hits 52-Week High: Time to Hold Despite Expensive Valuation?
Zacks âĸ 2026-06-24T14:24:00Z
Manulife (TSX:MFC) Launches Protection VUL Through John Hancock With Vitality Rewards
Simply Wall St. âĸ 2026-06-23T23:11:42Z
Manulife Financial (TSX:MFC) Stock Draws Fresh Price Target Split After Analyst Fine Tuning
Simply Wall St. âĸ 2026-06-23T08:11:56Z
Manulife Pulls Leverage From $80 Million Policy After Regulatory Scrutiny
GuruFocus.com âĸ 2026-06-17T12:44:04ZWhy Is Manulife (MFC) Up 6% Since Last Earnings Report?
Zacks âĸ 2026-06-12T15:30:05Z
3 TSX Dividend Stocks Yielding Up To 6.9%
Simply Wall St. âĸ 2026-06-12T12:32:21Z
Will AI Partnerships and Digital Ecosystems Change Manulife Financial's (TSX:MFC) Narrative?
Simply Wall St. âĸ 2026-06-06T10:08:35Z
MFC Expands AI-Powered Insurance Capabilities With Alibaba Cloud Deal
Zacks âĸ 2026-06-04T14:08:00Z
Top TSX Dividend Stocks To Consider In May 2026
Simply Wall St. âĸ 2026-05-27T12:31:59Z
RGA Stock Trading at Discount to Industry at 1.05X: Time to Hold?
Zacks âĸ 2026-05-26T15:58:00Z
Period:
Loading...
Income Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Total Revenue | $37,460,429,295 | $-5,149,802,103 | $-4,972,442,014 | $17,071,085,210 |
| Operating Revenue | $37,460,429,295 | $-5,149,802,103 | $-4,972,442,014 | $17,071,085,210 |
| Expenses | ||||
| Interest Expense | $1,081,119,267 | $1,187,817,966 | $1,098,078,001 | $742,651,209 |
| Total Expenses | $32,447,710,288 | $-10,159,694,654 | $-9,531,514,897 | $19,288,439,628 |
| Other Income Expense | $139,909,552 | $208,451,100 | $91,153,193 | $-184,426,228 |
| Net Non Operating Interest Income Expense | $-1,081,119,267 | $-1,187,817,966 | $-1,098,078,001 | $-742,651,209 |
| Interest Expense Non Operating | $1,081,119,267 | $1,187,817,966 | $1,098,078,001 | $742,651,209 |
| General And Administrative Expense | $3,463,114,724 | $3,433,436,940 | $3,059,638,187 | $2,636,376,461 |
| Loss Adjustment Expense | $24,410,683,789 | $21,531,938,761 | $20,228,942,729 | $13,676,512,034 |
| Other Operating Expenses | - | - | - | $313,736,572 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $4,085,641,570 | $3,978,942,871 | $3,860,231,736 | $-1,483,889,190 |
| Net Interest Income | $-1,081,119,267 | $-1,187,817,966 | $-1,098,078,001 | $-742,651,209 |
| Interest Income | $13,482,193,212 | $12,351,610,972 | $11,390,616,068 | $11,279,677,686 |
| Normalized Income | $4,085,641,570 | $3,978,942,871 | $3,860,231,736 | $-1,483,889,190 |
| Net Income From Continuing And Discontinued Operation | $4,085,641,570 | $3,978,942,871 | $3,860,231,736 | $-1,483,889,190 |
| Net Income Common Stockholders | $3,710,429,589 | $3,585,358,929 | $3,391,746,720 | $-1,549,604,283 |
| Net Income | $4,085,641,570 | $3,978,942,871 | $3,860,231,736 | $-1,483,889,190 |
| Net Income Including Noncontrolling Interests | $4,282,080,234 | $4,153,476,504 | $3,961,984,137 | $-1,398,388,908 |
| Net Income Continuous Operations | $4,282,080,234 | $4,153,476,504 | $3,961,984,137 | $-1,398,388,908 |
| Pretax Income | $5,012,719,007 | $5,009,892,551 | $4,559,072,883 | $-2,217,354,418 |
| Per Share | ||||
| Diluted EPS | $2.17 | $2.01 | $1.84 | $2.60 |
| Basic EPS | $2.18 | $2.01 | $1.85 | $2.60 |
| Other | ||||
| Tax Effect Of Unusual Items | $0 | $0 | $0 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Reconciled Depreciation | $-1,292,396,823 | $-1,064,867,147 | $-1,001,271,896 | $-1,041,548,889 |
| EBIT | $6,093,838,274 | $6,197,710,517 | $5,657,150,883 | $-1,474,703,209 |
| Diluted Average Shares | $1,206,896,541 | $1,261,305,812 | $1,298,756,348 | $1,351,752,391 |
| Basic Average Shares | $1,203,363,472 | $1,257,066,128 | $1,295,929,893 | $1,349,632,549 |
| Diluted NI Availto Com Stockholders | $3,710,429,589 | $3,585,358,929 | $3,391,746,720 | $-1,549,604,283 |
| Preferred Stock Dividends | $226,823,062 | $219,756,923 | $214,104,012 | $183,719,614 |
| Minority Interests | $-196,438,664 | $-174,533,633 | $-101,752,402 | $-85,500,282 |
| Tax Provision | $730,638,773 | $856,416,047 | $597,088,746 | $-818,965,510 |
| Selling General And Administration | $3,463,114,724 | $3,433,436,940 | $3,059,638,187 | $2,636,376,461 |
| Net Policyholder Benefits And Claims | $24,410,683,789 | $21,531,938,761 | $20,228,942,729 | $13,676,512,034 |
| Policyholder Benefits Gross | $30,681,175,538 | $27,236,432,776 | $23,820,661,183 | $17,711,277,404 |
| Policyholder Benefits Ceded | $6,270,491,749 | $5,704,494,015 | $3,591,718,454 | $4,034,765,369 |
| Otherunder Preferred Stock Dividend | - | - | - | $-118,004,521 |
| Other Gand A | - | - | - | $2,636,376,461 |
Fetched: 2026-06-20
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $27,298,614,799 | $28,608,676,969 | $26,134,821,705 | $25,635,952,292 |
| Total Assets | $724,585,211,319 | $691,646,404,370 | $618,692,758,879 | $589,096,235,677 |
| Goodwill And Other Intangible Assets | $8,708,309,704 | $7,809,496,823 | $7,285,189,309 | $7,432,871,614 |
| Other Intangible Assets | $3,848,925,913 | $3,375,494,600 | $3,102,741,635 | $3,183,295,620 |
| Loans Receivable | $38,522,469,986 | $1,632,278,109 | $1,721,311,460 | $31,649,943,195 |
| Cash Cash Equivalents And Short Term Investments | $18,868,710,972 | $18,222,865,867 | $14,371,113,498 | $13,533,776,027 |
| Cash And Cash Equivalents | $18,868,710,972 | $18,222,865,867 | $14,371,113,498 | $13,533,776,027 |
| Fixed Assets Revaluation Reserve | - | - | - | $15,545,506 |
| Receivables | - | - | - | $1,023,176,927 |
| Accounts Receivable | - | - | - | $1,023,176,927 |
| Debt | ||||
| Total Debt | $10,369,558,982 | $10,006,359,438 | $9,000,847,858 | $8,730,921,348 |
| Long Term Debt And Capital Lease Obligation | $9,139,344,183 | $10,006,359,438 | $8,581,119,202 | $8,296,353,800 |
| Long Term Debt | $9,139,344,183 | $10,006,359,438 | $8,581,119,202 | $8,296,353,800 |
| Current Debt And Capital Lease Obligation | $1,230,214,800 | $0 | $419,728,657 | $434,567,548 |
| Current Debt | $1,230,214,800 | $0 | $419,728,657 | $434,567,548 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $687,496,460,936 | $654,224,132,226 | $584,261,583,373 | $555,019,073,736 |
| Derivative Product Liabilities | $10,140,616,079 | $10,070,661,303 | $8,288,581,047 | $10,096,806,017 |
| Non Current Deferred Liabilities | $1,425,946,850 | $1,335,500,271 | $1,199,123,788 | $1,085,358,950 |
| Non Current Deferred Taxes Liabilities | $1,425,946,850 | $1,335,500,271 | $1,199,123,788 | $1,085,358,950 |
| Current Notes Payable | $1,230,214,800 | $0 | $419,728,657 | $434,567,548 |
| Minimum Pension Liabilities | - | - | - | $-68,541,548 |
| Equity | ||||
| Common Stock Equity | $31,300,875,928 | $31,712,125,218 | $28,713,962,440 | $28,362,775,332 |
| Preferred Stock Equity | $4,706,048,574 | $4,706,048,574 | $4,706,048,574 | $4,706,048,574 |
| Total Equity Gross Minority Interest | $37,088,750,383 | $37,422,272,144 | $34,431,175,505 | $34,077,161,941 |
| Stockholders Equity | $36,006,924,502 | $36,418,173,792 | $33,420,011,014 | $33,068,823,906 |
| Other Equity Interest | $590,729,220 | $400,650,081 | $181,599,772 | $-54,409,270 |
| Gains Losses Not Affecting Retained Earnings | $12,814,443,076 | $13,187,535,216 | $9,759,044,573 | $9,788,722,357 |
| Other Equity Adjustments | $20,324,335,606 | $21,953,787,259 | $17,857,546,481 | $23,021,480,862 |
| Retained Earnings | $3,550,028,234 | $3,366,308,620 | $3,405,172,384 | $2,789,005,063 |
| Other | ||||
| Preferred Shares Number | $65,008,479 | $72,074,618 | $72,074,618 | $72,074,618 |
| Ordinary Shares Number | $1,185,119,181 | $1,221,547,903 | $1,276,172,275 | $1,317,762,655 |
| Share Issued | $1,185,119,181 | $1,221,547,903 | $1,276,172,275 | $1,317,762,655 |
| Tangible Book Value | $22,592,566,225 | $23,902,628,395 | $21,428,773,131 | $20,929,903,718 |
| Invested Capital | $41,670,434,911 | $41,718,484,656 | $37,714,810,299 | $37,093,696,680 |
| Total Capitalization | $45,146,268,685 | $46,424,533,230 | $42,001,130,216 | $41,365,177,706 |
| Minority Interest | $1,081,825,881 | $1,004,098,352 | $1,011,164,491 | $1,008,338,035 |
| Foreign Currency Translation Adjustments | $4,158,422,802 | $5,177,360,045 | $3,392,453,334 | $4,181,741,060 |
| Unrealized Gain Loss | $-11,668,315,331 | $-13,943,612,089 | $-11,490,955,242 | $-17,414,499,566 |
| Additional Paid In Capital | $140,616,166 | $144,149,236 | $156,868,286 | $168,174,108 |
| Capital Stock | $18,911,107,806 | $19,319,530,640 | $19,917,325,999 | $20,377,331,648 |
| Common Stock | $14,205,059,232 | $14,613,482,066 | $15,211,277,425 | $15,671,283,074 |
| Preferred Stock | $4,706,048,574 | $4,706,048,574 | $4,706,048,574 | $4,706,048,574 |
| Investments And Advances | $180,246,606,682 | $172,658,280,009 | $167,947,991,752 | $160,656,442,918 |
| Goodwill | $4,859,383,790 | $4,434,002,222 | $4,182,447,674 | $4,249,575,995 |
| Net PPE | $1,859,101,171 | $1,889,485,569 | $1,830,836,615 | $2,015,262,843 |
| Treasury Shares Number | - | - | $0 | - |
Fetched: 2026-06-20
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $22,685,839,260 | $18,721,028,667 | $14,431,175,680 | $11,749,575,929 |
| Operating Activities | ||||
| Operating Cash Flow | $22,685,839,260 | $18,721,028,667 | $14,431,175,680 | $11,749,575,929 |
| Cash Flow From Continuing Operating Activities | $22,685,839,260 | $18,721,028,667 | $14,431,175,680 | $11,749,575,929 |
| Operating Gains Losses | $-4,324,477,068 | $-607,687,954 | $-2,010,316,546 | $9,585,217,554 |
| Investing Activities | ||||
| Investing Cash Flow | $-20,043,103,274 | $-13,043,385,980 | $-9,694,742,708 | $-13,001,695,760 |
| Cash Flow From Continuing Investing Activities | $-20,043,103,274 | $-13,043,385,980 | $-9,694,742,708 | $-13,001,695,760 |
| Net Other Investing Changes | $76,584,227,710 | $79,819,812,758 | $49,676,370,398 | $65,955,341,426 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-1,717,778,391 | $-2,312,040,681 | $-1,127,049,170 | $-1,833,663,070 |
| Issuance Of Capital Stock | $51,582,815 | $101,752,402 | $66,421,707 | $715,799,881 |
| Financing Cash Flow | $-1,447,851,881 | $-2,949,406,419 | $-3,562,747,284 | $-1,489,542,101 |
| Cash Flow From Continuing Financing Activities | $-1,447,851,881 | $-2,949,406,419 | $-3,562,747,284 | $-1,489,542,101 |
| Net Other Financing Charges | $1,863,340,854 | $281,938,946 | $-642,312,035 | $1,167,326,163 |
| Cash Dividends Paid | $-2,335,358,940 | $-2,232,193,310 | $-2,100,056,511 | $-1,969,332,939 |
| Common Stock Dividend Paid | $-2,335,358,940 | $-2,232,193,310 | $-2,100,056,511 | $-1,969,332,939 |
| Net Common Stock Issuance | $-1,666,195,576 | $-2,210,288,279 | $-1,060,627,464 | $-1,315,008,468 |
| Common Stock Issuance | $51,582,815 | $101,752,402 | $66,421,707 | $16,252,120 |
| Net Preferred Stock Issuance | - | - | $0 | $197,145,278 |
| Preferred Stock Issuance | - | - | $0 | $699,547,761 |
| Other | ||||
| Repayment Of Debt | $-782,928,201 | $-1,416,054,256 | $-493,216,502 | $-791,407,568 |
| Issuance Of Debt | $1,807,518,356 | $2,302,148,086 | $1,223,148,661 | $977,247,024 |
| Interest Paid Supplemental Data | $1,070,520,058 | $1,112,210,279 | $1,093,838,317 | $674,816,274 |
| Income Tax Paid Supplemental Data | $534,200,108 | $533,493,494 | $308,083,660 | $874,788,008 |
| End Cash Position | $18,242,651,056 | $17,624,363,894 | $14,050,310,788 | $13,167,750,026 |
| Beginning Cash Position | $17,624,363,894 | $14,050,310,788 | $13,167,750,026 | $15,496,042,827 |
| Effect Of Exchange Rate Changes | $-576,596,942 | $845,816,838 | $-291,124,927 | $413,369,132 |
| Changes In Cash | $1,194,884,105 | $2,728,236,268 | $1,173,685,688 | $-2,741,661,932 |
| Common Stock Payments | $-1,717,778,391 | $-2,312,040,681 | $-1,127,049,170 | $-1,331,260,588 |
| Net Issuance Payments Of Debt | $1,024,590,155 | $886,093,831 | $729,932,159 | $185,839,456 |
| Net Long Term Debt Issuance | $1,024,590,155 | $886,093,831 | $729,932,159 | $185,839,456 |
| Long Term Debt Payments | $-782,928,201 | $-1,416,054,256 | $-493,216,502 | $-791,407,568 |
| Long Term Debt Issuance | $1,807,518,356 | $2,302,148,086 | $1,223,148,661 | $977,247,024 |
| Net Business Purchase And Sale | $-902,345,950 | $-209,864,328 | $-706,614 | $-128,603,730 |
| Purchase Of Business | $-902,345,950 | $-209,864,328 | $-706,614 | $-128,603,730 |
| Change In Working Capital | $24,274,307,307 | $16,175,098,785 | $13,246,890,783 | $7,831,401,854 |
| Change In Other Working Capital | $11,970,746,080 | $9,585,217,554 | $4,692,622,910 | $3,503,391,716 |
| Other Non Cash Items | $-6,359,525 | $50,169,587 | - | $-1,729,084,213 |
| Amortization Of Securities | $-243,075,182 | $-204,918,031 | $-99,632,560 | $-92,566,421 |
| Deferred Tax | $-4,239,683 | $219,756,923 | $332,108,533 | $-1,408,988,117 |
| Deferred Income Tax | $-4,239,683 | $219,756,923 | $332,108,533 | $-1,408,988,117 |
| Depreciation And Amortization | $-1,292,396,823 | $-1,064,867,147 | $-1,001,271,896 | $-1,041,548,889 |
| Amortization Cash Flow | $-1,292,396,823 | $-1,064,867,147 | $-1,001,271,896 | $-1,041,548,889 |
| Amortization Of Intangibles | $-1,292,396,823 | $-1,064,867,147 | $-1,001,271,896 | $-1,041,548,889 |
| Gain Loss On Investment Securities | $-4,324,477,068 | $-607,687,954 | $-2,010,316,546 | $9,652,345,874 |
| Net Income From Continuing Operations | $4,282,080,234 | $4,153,476,504 | $3,961,984,137 | $-1,398,388,908 |
| Stock Based Compensation | - | $0 | $1,413,228 | $3,533,070 |
| Preferred Stock Payments | - | - | $0 | $-502,402,483 |
| Gain Loss On Sale Of Business | - | - | $0 | $-67,128,320 |
Fetched: 2026-06-20