Manulife Financial Corporation

Manulife Financial Corporation

Manulife Financial Corporation (MFC) is a Toronto-based multinational insurer and wealth manager operating in Canada, the United States (John Hancock) and across Asia. With a market capitalisation of approximately $53.85 billion, Manulife provides individual and group life and health insurance, retirement solutions, mutual funds and asset management. Its revenue mix includes insurance premiums, investment income and fee-based wealth-management revenue, so results are influenced by premiums, market returns, net flows and investment yields. Key considerations for investors are interest-rate sensitivity, equity-market exposure, currency movements and regulatory capital requirements tied to underwriting risks. The company has historically returned capital via dividends and buybacks, but distributions are subject to change. This summary is educational and not personalised investment advice; investors should assess suitability for their circumstances or consult a financial adviser.

Why It's Moving

Manulife Financial Corporation

Manulife prices $1B senior notes amid analyst upgrades and strong Asia growth outlook.

Manulife Financial bolstered its capital position by pricing a $1 billion U.S. public offering of 4.986% senior notes due 2035, earmarked for general corporate purposes including potential refinancing. This move coincides with positive analyst sentiment, a recent 52-week high, and robust projections for earnings growth driven by its expanding Asia business.

Sentiment:
🐃Bullish
  • Issued $1B in 4.986% senior notes due 2035 at par, providing flexible funding amid favorable market conditions and eliciting a mild 0.46% stock gain on announcement.
  • Stock hit 52-week high, outperforming industry peers with superior 16.1% ROE versus 15.4% average, fueled by Asia operations targeting half of core earnings.
  • Analysts forecast 9.4% EPS growth for 2026, with consensus ratings leaning buy and average targets signaling upside potential.

Stock Performance Snapshot

Hold

Analyst Rating

Analysts suggest holding Manulife's stock, with a target price indicating potential decline.

Above Average

Financial Health

Manulife Financial is performing well with strong revenue and cash flow, indicating solid financial stability.

Average

Dividend

Manulife Financial Corporation's average dividend yield of 3.56% offers a steady income opportunity for investors. If you invested $1000 you would be paid $35.60 a year in dividends (based on the last 12 months).

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

Baskets Featuring MFC

Financially Fit

Financially Fit

These carefully selected companies showcase exceptional financial discipline with fortress-like balance sheets. Our professional analysts have identified businesses with minimal debt and strong cash positions, giving them the resilience to thrive in any economic environment.

Published: June 18, 2025

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Why You’ll Want to Watch This Stock

📈

Income & Growth Blend

Manulife combines fee income and investment returns, which can support dividends and growth, though payouts and performance can vary with market conditions.

🌍

North America & Asia

A diversified geographic footprint gives exposure to growth in Asian markets and stability in North America, but also brings currency and regulatory complexity.

Rate Sensitivity

Interest-rate moves affect investment yields and the value of liabilities; rising rates can help margins but sudden moves and market stress are risks.

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