Manulife Financial Corporation (PSE:MFC)
2,100.00
+50.00 (2.44%)
Last updated: Mar 3, 2026, 1:00 PM PST
Manulife Financial Income Statement
Financials in millions CAD. Fiscal year is January - December.
Millions CAD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2016 |
|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | 2020 - 2016 |
| Premiums & Annuity Revenue | 20,437 | 18,883 | 17,542 | 17,094 | 39,065 | Upgrade
|
| Total Interest & Dividend Income | -3,209 | 1,706 | 559 | 7,753 | 13,632 | Upgrade
|
| Gain (Loss) on Sale of Investments | 5,767 | 3,921 | 3,149 | -2,381 | 996 | Upgrade
|
| Other Revenue | 8,009 | 6,074 | 7,285 | -4,977 | 5,452 | Upgrade
|
| Total Revenue | 30,975 | 29,992 | 27,246 | 16,911 | 59,841 | Upgrade
|
| Revenue Growth (YoY) | 3.28% | 10.08% | 61.11% | -71.74% | -22.41% | Upgrade
|
| Policy Benefits | 12,802 | 12,224 | 11,898 | 12,039 | 35,068 | Upgrade
|
| Policy Acquisition & Underwriting Costs | 2,903 | 2,148 | 1,654 | 1,285 | 6,638 | Upgrade
|
| Selling, General & Administrative | 4,856 | 4,710 | 4,276 | 3,705 | 7,678 | Upgrade
|
| Other Operating Expenses | 1,745 | 1,990 | 1,358 | 1,943 | 417 | Upgrade
|
| Reinsurance Income or Expense | - | - | - | - | -754 | Upgrade
|
| Total Operating Expenses | 22,306 | 21,072 | 19,186 | 18,972 | 50,555 | Upgrade
|
| Operating Income | 8,669 | 8,920 | 8,060 | -2,061 | 9,286 | Upgrade
|
| Interest Expense | -1,530 | -1,681 | -1,554 | -1,051 | -1,011 | Upgrade
|
| EBT Excluding Unusual Items | 7,139 | 7,239 | 6,506 | -3,112 | 8,275 | Upgrade
|
| Merger & Restructuring Charges | -45 | -149 | -54 | -26 | -150 | Upgrade
|
| Pretax Income | 7,094 | 7,090 | 6,452 | -3,138 | 8,125 | Upgrade
|
| Income Tax Expense | 1,034 | 1,212 | 845 | -1,159 | 1,213 | Upgrade
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| Earnings From Continuing Ops. | 6,060 | 5,878 | 5,607 | -1,979 | 6,912 | Upgrade
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| Minority Interest in Earnings | -278 | -247 | -144 | -121 | -255 | Upgrade
|
| Net Income | 5,782 | 5,631 | 5,463 | -2,100 | 6,657 | Upgrade
|
| Preferred Dividends & Other Adjustments | 531 | 557 | 663 | 93 | -233 | Upgrade
|
| Net Income to Common | 5,251 | 5,074 | 4,800 | -2,193 | 6,890 | Upgrade
|
| Net Income Growth | 2.68% | 3.08% | - | - | 24.99% | Upgrade
|
| Shares Outstanding (Basic) | 1,703 | 1,779 | 1,834 | 1,910 | 1,942 | Upgrade
|
| Shares Outstanding (Diluted) | 1,708 | 1,785 | 1,838 | 1,913 | 1,946 | Upgrade
|
| Shares Change (YoY) | -4.31% | -2.88% | -3.92% | -1.70% | 0.15% | Upgrade
|
| EPS (Basic) | 3.08 | 2.85 | 2.62 | -1.15 | 3.55 | Upgrade
|
| EPS (Diluted) | 3.07 | 2.84 | 2.61 | -1.15 | 3.54 | Upgrade
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| EPS Growth | 8.10% | 8.81% | - | - | 20.82% | Upgrade
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| Dividend Per Share | 1.760 | 1.600 | 1.460 | 1.320 | 1.120 | Upgrade
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| Dividend Growth | 10.00% | 9.59% | 10.61% | 17.86% | - | Upgrade
|
| Operating Margin | 27.99% | 29.74% | 29.58% | -12.19% | 15.52% | Upgrade
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| Profit Margin | 16.95% | 16.92% | 17.62% | -12.97% | 11.51% | Upgrade
|
| EBITDA | 9,292 | 9,532 | 8,424 | -1,777 | 9,667 | Upgrade
|
| EBITDA Margin | 30.00% | 31.78% | 30.92% | -10.51% | 16.15% | Upgrade
|
| D&A For EBITDA | 623 | 612 | 364 | 284 | 381 | Upgrade
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| EBIT | 8,669 | 8,920 | 8,060 | -2,061 | 9,286 | Upgrade
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| EBIT Margin | 27.99% | 29.74% | 29.58% | -12.19% | 15.52% | Upgrade
|
| Effective Tax Rate | 14.58% | 17.09% | 13.10% | - | 14.93% | Upgrade
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| Revenue as Reported | - | - | - | - | 61,821 | Upgrade
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Source: S&P Capital IQ. Insurance template. Financial Sources.