Manulife Financial Corp

MFC.US
Financial Services · Insurance - Life
44.64
+0.58 (+1.32%)
USD · NYSE

Company Information

Company Name
Manulife Financial Corp
Sector
Financial Services
Industry
Insurance - Life
Exchange
NYSE
ISIN: CA56501R1064
CIK: 0001086888
CUSIP: 56501R106
Currency: USD
Full Time Employees: 37,000
Phone: 416-926-3000
Fiscal Year End: December
IPO Date: Sep 23, 1999
Description:

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.

Address:

200 Bloor Street East, Toronto, ON, Canada, M4W 1E5

People

Directors & Officers

Name Title Year Born
Mr. Philip James Witherington CPA President, CEO & Director 1977
Mr. Colin L. Simpson Chief Financial Officer NA
Mr. Paul Raymon Lorentz President and CEO of Global Wealth & Asset Management NA
Mr. Steven Andrew Finch President & CEO of Manulife Asia NA
Mr. Brooks Eric Tingle President & CEO of John Hancock NA
Mr. Shamus Edward Weiland Chief Technology & Operations Officer 1973
Mr. Trevor Kreel Chief Investment Officer NA
Ms. Lynda D. Sullivan Executive VP & Chief Accounting Officer NA
Mr. Hung Ko Global Head of Treasury & Investor Relations NA
Mr. Michael F. Coyne General Counsel NA

Shareholders

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
Royal Bank of Canada 110.98M Mar 31, 2026 6.68% $0.67 -16.40%
Vanguard Group Inc 78.32M Dec 31, 2025 4.71% $0.04 2.09%
Bank of Montreal 57.30M Mar 31, 2026 3.45% $0.74 0.82%
BMO Capital Markets Corp. 57.30M Mar 31, 2026 3.45% $0.74 0.82%
Vanguard Capital Management, LLC 48.06M Mar 31, 2026 2.89% $0.04 0.00%
TD Asset Management Inc 40.75M Mar 31, 2026 2.45% $1.14 6.72%
Mackenzie Investments 29.89M Mar 31, 2026 1.80% $1.24 4.70%
1832 Asset Management L.P 28.25M Mar 31, 2026 1.70% $0.89 -1.15%
NATIONAL BANK OF CANADA /FI/ 26.16M Mar 31, 2026 1.57% $0.81 19.38%
NORGES BANK 21.40M Dec 31, 2025 1.29% $0.08 8.31%
The Toronto-Dominion Bank 20.52M Mar 31, 2026 1.23% $1.01 -2.98%
Geode Capital Management, LLC 17.55M Mar 31, 2026 1.06% $0.04 4.38%
CIBC World Markets Inc. 16.81M Mar 31, 2026 1.01% $0.95 -33.40%
TD Waterhouse Canada Inc 16.68M Mar 31, 2026 1.00% $1.72 142.14%
Vanguard Fiduciary Trust Co 14.77M Mar 31, 2026 0.89% $0.13 0.00%
CIBC Global Asset Management Inc 14.11M Mar 31, 2026 0.85% $1.19 -16.41%
Canada Pension Plan Investment Board 12.99M Mar 31, 2026 0.78% $0.29 17.87%
Vanguard Global Advisers, LLC 11.92M Mar 31, 2026 0.72% $0.22 0.00%
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND 11.70M Mar 31, 2026 0.70% $0.65 183.72%
Legal & General Group PLC 11.38M Mar 31, 2026 0.68% $0.09 0.88%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Vanguard Total Intl Stock Index Inv 24.58M 1.48% ▼ 0.23% Jun 30, 2026
2 RBC Canadian Dividend Fund A 17.32M 1.04% ▲ 0.00% Jun 30, 2026
3 Vanguard Developed Markets Index Admiral 16.35M 0.98% ▼ 0.21% Jun 30, 2026
4 Vanguard Instl Ttl Intl Stk Mkt Idx TrII 12.39M 0.75% ▼ 0.19% Jun 30, 2026
5 Scotia Canadian Dividend A 10.25M 0.62% ▼ 3.47% Apr 30, 2026
6 iShares Core S&P/TSX Capped Compost ETF 10.18M 0.61% ▲ 0.07% Jun 30, 2026
7 iShares S&P/TSX 60 ETF 9.55M 0.57% ▲ 0.20% Jun 30, 2026
8 iShares Core MSCI Canadian Qual Div ETF 9.41M 0.57% ▲ 0.06% Jun 30, 2026
9 TD Dividend Growth - I 9.02M 0.54% ▲ 0.00% Dec 31, 2025
10 Harding Loevner International Eq Instl 8.91M 0.54% ▲ 39.66% Mar 31, 2026

Financial Highlights

Market Cap: $73.39B
EBITDA: $10.12B
P/E Ratio: $17.77
PEG Ratio: $0.78
Book Value: $20.90
Dividend/Share: $1.81
Dividend Yield: 4.13%
Earnings/Share: $2.48
Profit Margin: 20.04%
Operating Margin: 19.05%
ROA (TTM): 0.59%
ROE (TTM): 12.56%
Revenue (TTM): $32.03B
Revenue/Share (TTM): $18.94
Earnings Growth (YOY): 161.60%
Revenue Growth (YOY): 12.10%

Valuation Metrics

Enterprise Value: $69.16B
Trailing P/E: 17.77
Forward P/E: 13.70

Shares Statistics

Shares Outstanding: 1.67B
Shares Float: 1.67B
% Insiders: 1.70%
% Institutions: 5,453.60%
Short % Float: 0.52%

Stock Price History

1 Year Price History

2 Years Price History

5 Years Price History

10 Years Price History

Financial Charts

Revenue & Net Income (Yearly)

Revenue & Net Income (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$53.01B
Cost of Goods Sold
adjust
$-39.49B
Gross Profit
subtotal
$13.53B
SG&A
adjust
$-4.90B
Other Operating Expense
adjust
$-1.53B
Operating Income
subtotal
$7.09B
Other / Non-Operating Items
adjust
$-1.31B
Net Income
subtotal
$5.78B

Earnings Per Share (EPS) History

Financial Ratios

📦 Raw API Data (JSON Explorer)

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