The latest announcement is out from Manulife Financial ( (TSE:MFC) ).
On May 7, 2025, Manulife Financial Corporation announced its first quarter results for the period ending March 31, 2025. The company reported record insurance new business results and steady growth in book value per common share, despite a 1% decrease in core earnings and a significant drop in net income attributed to shareholders compared to the previous year. The results highlighted strong performance in Asia, with a 43% increase in new business value, and a 24% growth in core earnings for Global Wealth and Asset Management. However, net inflows for Global WAM saw a sharp decline. The company also maintained a strong LICAT ratio and financial leverage ratio, positioning it well to navigate current economic conditions.
Spark’s Take on TSE:MFC Stock
According to Spark, TipRanks’ AI Analyst, TSE:MFC is a Outperform.
Manulife Financial’s overall score of 75 reflects strong financial performance and strategic growth initiatives, particularly in core earnings and digital transformation. While technical indicators suggest caution, the company’s stable balance sheet and attractive dividend yield provide a solid foundation for investors.
To see Spark’s full report on TSE:MFC stock, click here.
More about Manulife Financial
Manulife Financial Corporation is a leading international financial services group that operates primarily in the insurance and wealth management sectors. The company offers a wide range of financial protection and wealth management products and services to individual and institutional clients, with a significant market presence in Asia, Canada, and the United States.
Average Trading Volume: 7,984,216
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$74.25B
For detailed information about MFC stock, go to TipRanks’ Stock Analysis page.