Manulife Financial Corporation
TSX:MFC Stock Report
Manulife Financial Balance Sheet Health
Financial Health criteria checks 5/6 Manulife Financial has a total shareholder equity of CA$51.6B and total debt of CA$21.9B, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are CA$952.6B and CA$901.0B respectively. Manulife Financial's EBIT is CA$8.9B making its interest coverage ratio 5.4. It has cash and short-term investments of CA$28.8B.
Key information
42.5%
Debt to equity ratio
Interest coverage ratio 5.4x Cash CA$28.80b Equity CA$51.64b Total liabilities CA$900.99b Total assets CA$952.63b
Recent financial health updates
Show all updates
Consensus revenue estimates increase by 31% Nov 13
Third quarter dividend of CA$0.40 announced Nov 10
Price target increased by 8.0% to CA$45.07 Nov 09
Third quarter 2024 earnings released: EPS: CA$1.01 (vs CA$0.53 in 3Q 2023) Nov 07
Manulife Financial Corporation Announces Quarterly Dividend, Payable on and After December 19, 2024 Nov 07 Manulife Leads the Charge in Generative Ai Innovations: Enhancing Productivity and Elevating Customer Experience Oct 02
Second quarter 2024 earnings released: EPS: CA$0.53 (vs CA$0.50 in 2Q 2023) Aug 08
Manulife Financial Corporation Announces Second Quarter Dividend for the Financial Year End 31 December 2024, Payable on September 19, 2024 Aug 08 John Hancock Names Hector Martinez as Head of Insurance Jul 08
President & CEO of Manulife Asia exercised options and sold CA$2.7m worth of stock Jun 08
President exercised options to buy CA$2.4m worth of stock. May 19 Manulife Financial Corporation to Report Q3, 2024 Results on Nov 06, 2024 May 17
First quarter dividend of CA$0.40 announced May 12 Manulife Financial Corporation Announces Board Changes
First quarter 2024 earnings: EPS and revenues exceed analyst expectations May 09
Increases to Manulife Financial Corporation's (TSE:MFC) CEO Compensation Might Cool off for now May 03
Chairman of the Board - Manulife Asia recently sold CA$1.3m worth of stock Mar 01
Manulife Financial Corporation to Report Q2, 2024 Results on Aug 07, 2024 Feb 21
Upcoming dividend of CA$0.40 per share Feb 20
Fourth quarter dividend increased to CA$0.40 Feb 19
New minor risk - Profit margin trend Feb 16
Full year 2023 earnings released: EPS: CA$2.62 (vs CA$3.68 in FY 2022) Feb 16
Manulife Financial Corporation Declares Quarterly Dividend, Payable on and After March 19, 2024 Feb 16
Consensus revenue estimates decrease by 20% Feb 16
Manulife Financial Corporation, Annual General Meeting, May 09, 2024 Feb 07
Manulife Financial Corporation to Report Q1, 2024 Results on May 08, 2024 Nov 17
Consensus revenue estimates increase by 15%, EPS downgraded Nov 16
Upcoming dividend of CA$0.36 per share at 5.7% yield Nov 14 Manulife Financial Corporation Declares Common Share Ordinary Dividend for the Third Quarter Ended September 30, 2023, Payable on December 19, 2023 Nov 10
Third quarter 2023 earnings released: EPS: CA$0.53 (vs CA$0.69 in 3Q 2022) Nov 10
Consensus revenue estimates fall by 14% Oct 18
Manulife Financial Corporation Appoints Maryscott (Scotty) Greenwood as Global Head of Government Relations, Effective October 16, 2023 Sep 08
Manulife Financial Corporation (TSE:MFC) Analysts Just Trimmed Their Revenue Forecasts By 13% Sep 08
Consensus revenue estimates decrease by 13% Sep 08
Analysts' Revenue Estimates For Manulife Financial Corporation (TSE:MFC) Are Surging Higher Aug 18
Consensus revenue estimates increase by 49% Aug 18
Upcoming dividend of CA$0.36 per share at 5.6% yield Aug 15
Manulife Financial Corporation Announces Ordinary Cash Dividend for the Second Quarter of Financial Year Ending December 31, 2023, Payable on 19 September 2023 Aug 11
Second quarter 2023 earnings: Revenues miss analyst expectations Aug 10
Consensus revenue estimates decrease by 24% Jul 11 Manulife Announces Executive Changes Manulife Financial Corporation to Report Q4, 2023 Results on Feb 07, 2024 Jun 02
Do Manulife Financial's (TSE:MFC) Earnings Warrant Your Attention? May 30
Chief Investment Officer exercised options and sold CA$88k worth of stock May 22
Consensus revenue estimates increase by 27%, EPS downgraded May 17
Upcoming dividend of CA$0.36 per share at 5.6% yield May 16
Manulife Financial Corporation Announces Board Appointments May 13
Industry Analysts Just Made A Captivating Upgrade To Their Manulife Financial Corporation (TSE:MFC) Revenue Forecasts May 12
First quarter 2023 earnings released: EPS: CA$0.73 (vs CA$1.51 in 1Q 2022) May 12
Manulife Financial Corporation Declares Quarterly Common Share Dividend, Payable on and After June 19, 2023 May 11
Independent Chairman of the Board recently bought CA$2.7m worth of stock Mar 13
Upcoming dividend of CA$0.36 per share at 5.4% yield Feb 20
Manulife Financial's (TSE:MFC) Dividend Will Be Increased To CA$0.365 Feb 19
Full year 2022 earnings released: EPS: CA$3.68 (vs CA$3.55 in FY 2021) Feb 18 Manulife Financial Corporation Announces Executive Changes Feb 17
Manulife Increases Quarterly Dividend, Payable on and After March 20, 2023 Feb 16
Manulife Financial Corporation, Annual General Meeting, May 11, 2023 Feb 11
Here's Why We Think Manulife Financial (TSE:MFC) Might Deserve Your Attention Today Jan 24
Manulife Financial Corporation to Report Q2, 2023 Results on Aug 09, 2023 Jan 24
Manulife Financial Corp Appoints Anne-Maree Tassell as Chief Operations Officer for Asia Jan 12
Manulife Financial Corporation Appoints Patrick Graham as CEO for Hong Kong and Macau Jan 06
Insider recently sold CA$73k worth of stock Nov 19
Upcoming dividend of CA$0.33 per share Nov 16
Manulife Financial Corporation and the Manufacturers Life Insurance Company Appoints Don Lindsay as Vice Chair of the Board of Directors Nov 12
Third quarter 2022 earnings released: EPS: CA$0.68 (vs CA$0.80 in 3Q 2021) Nov 11
Manulife Financial Declares Common Share Dividend Payable on and After December 19, 2022 Nov 10
Manulife Financial Corporation to Report Q1, 2023 Results on May 10, 2023 Nov 04
Manulife Financial Corporation Appoints Patrick Graham as CEO for Hong Kong and Macau, Effective January 1, 2023 Oct 06
Manulife Financial Corporation Announces Quarterly Dividend, Payable on September 19, 2022 Aug 26
President & CEO of John Hancock exercised options and sold CA$324k worth of stock Aug 19
Upcoming dividend of CA$0.33 per share Aug 15
Second quarter 2022 earnings released: EPS: CA$0.53 (vs CA$1.33 in 2Q 2021) Aug 12
Manulife Financial Corporation Announces Quarterly Dividend, Payable on and After September 19, 2022 Aug 11
Should You Be Adding Manulife Financial (TSE:MFC) To Your Watchlist Today? Aug 03
Manulife Financial Corporation Launches New Learning Platform for Its Insurance Advisors Across Asia Jul 04 Manulife Financial Corporation Appoints Damien Allen Green as President of Manulife Asia
Independent Corporate Director recently bought CA$1.3m worth of stock May 29 Manulife Financial Corporation Announces Resignation of Mr. Anil Wadhwani as CEO
Financial Position Analysis
Short Term Liabilities: MFC's short term assets (CA$94.3B) exceed its short term liabilities (CA$2.8B).
Long Term Liabilities: MFC's short term assets (CA$94.3B) do not cover its long term liabilities (CA$898.2B).
Debt to Equity History and Analysis
Debt Level: MFC has more cash than its total debt.
Reducing Debt: MFC's debt to equity ratio has reduced from 46.4% to 42.5% over the past 5 years.
Debt Coverage: MFC's debt is well covered by operating cash flow (116.4%).
Interest Coverage: MFC's interest payments on its debt are well covered by EBIT (5.4x coverage).
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