Manulife Reports Second Quarter 2024 Results [Yahoo! Finance]

Manulife Financial Corporation (MFC)
Last manulife financial corporation earnings: 2/12 05:00 pm
Check Earnings Report
US:NYSE Investor Relations:
manulife.com/investor-relations
Company Research
Source: Yahoo! Finance
the "Company") reported its second quarter results for the period ended June 30, 2024 , delivering positive momentum in core earnings, new business and book value growth. Key highlights for the second quarter of 2024 ("2Q24") include: Core earnings of $1.7 billion , up 6% on a constant exchange rate basis from the second quarter of 2023 ("2Q23") Net income attributed to shareholders of $1.0 billion , in-line with 2Q23 Core EPS of , up 9% from 2Q23. EPS of , up 1% from 2Q23 Excluding the impact of Global Minimum Taxes ("GMT") , core EPS was , up 12% from 2Q23 Core ROE of 15.7% and ROE of 9.0% LICAT ratio of 139% APE sales up 17% , new business CSM up 6% and new business value ("NBV") up 23% from 2Q23 Global Wealth and Asset Management net inflows of $0.1 billion , down from $2.2 billion in 2Q23 Bought back 31 million, or $1.1 billion worth of common shares as of July 31, 2024 , and plan to buy back the maximum 90 million shares through the current NCIB, representing
Show less
Read more
Impact Snapshot
Event Time:
MFC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MFC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MFC alerts
High impacting Manulife Financial Corporation news events
Weekly update
A roundup of the hottest topics
MFC
News
- Generative AI adoption stymied by technology, talent woes [Yahoo! Finance]Yahoo! Finance
- Manulife Investment Management Launches ETF Series to Expand Access to Flagship Strategies [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- GenAI Capabilities rolled out to 100% of Manulife's Workforce with 75% Engagement Rate [Yahoo! Finance]Yahoo! Finance
- GenAI Capabilities rolled out to 100% of Manulife's Workforce with 75% Engagement Rate [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- GenAI Capabilities rolled out to 100% of Manulife's Workforce with 75% Engagement RatePR Newswire
MFC
Earnings
- 2/19/25 - Beat
MFC
Sec Filings
- 3/5/25 - Form 6-K
- 2/24/25 - Form 6-K
- 2/19/25 - Form 6-K
- MFC's page on the SEC website