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Manulife Reports Second Quarter 2024 Results
Prnewswire· 2024-08-08 05:01
TSX/NYSE/PSE: MFC SEHK: 945                                                                              C$ unless otherwise statedTORONTO, Aug. 7, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife" or the "Company") reported its second quarter results for the period ended June 30, 2024, delivering positive momentum in core earnings, new business and book value growth.Key highlights for the second quarter of 2024 ("2Q24") include:Core earnings1 of $1.7 billion, up 6% on a constant exchange rate ...
Manulife Financial (MFC) Earnings Expected to Grow: Should You Buy?
ZACKS· 2024-07-31 23:06
Manulife Financial (MFC) is expected to deliver a year-over-year increase in earnings on lower revenues when it reports results for the quarter ended June 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on August ...
Manulife to Release Second Quarter 2024 Results
Prnewswire· 2024-07-24 20:00
C$ unless otherwise stated                                            TSX/NYSE/PSE: MFC     SEHK: 945TORONTO, July 24, 2024 /PRNewswire/ - Manulife Financial Corporation will release its second quarter 2024 financial results after markets close on Wednesday, August 7, 2024, which will be made available at manulife.com/en/investors/results-and-reports. A live webcast and conference call are scheduled for Thursday, August 8, 2024, at 8:00 a.m. (ET) where members of Manulife's executive leadership team will di ...
John Hancock Names Industry Veteran Hector Martinez Head of Insurance
Prnewswire· 2024-07-08 20:00
Martinez to Build on Insurer's Commitment to Helping Customers Live Longer, Healthier, Better LivesBOSTON, July 8, 2024 /PRNewswire/ - John Hancock, along with its Toronto-based parent company Manulife (NYSE: MFC), announced Hector Martinez joins the company today as its new Head of Insurance.Martinez joins John Hancock from Equitable where he led all aspects of the company's individual life insurance business, including new business development, underwriting, and life insurance product development and dist ...
Manulife Financial (MFC) Shares Gain on New Financial Goals
ZACKS· 2024-06-29 00:15
Shares of Manulife Financial Corporation (MFC) gained 1.2% in the last three trading sessions, reflecting investor optimism about the company’s new financial goals, banking on operational efficiency. This Zacks Rank #3 (Hold) company expects to generate a return on equity (ROE) of 18% by 2027, up from 15% expected earlier. Manulife is one of the three dominant life insurers within its domestic Canadian market and possesses rapidly growing operations in the United States and several Asian countries. Its Asia ...
Manulife Investment Management Announces Industrial Outdoor Storage Venture with Foundry Commercial
Prnewswire· 2024-06-28 04:01
BOSTON, June 27, 2024 /PRNewswire/ - Manulife Investment Management (Manulife IM) has announced a strategic partnership with Foundry Commercial to acquire, develop, and lease industrial outdoor storage (IOS) sites in key infill industrial markets throughout the Southeast. The portfolio consists of 10 sites located in Atlanta, Nashville, Dallas-Fort Worth, and Jacksonville. Three of the sites have completed construction and were acquired by Manulife IM directly; the remaining will be developed in partnership ...
Manulife hosts Investor Day 2024, raising the bar on new financial targets
Prnewswire· 2024-06-25 05:00
TSX/NYSE/PSE: MFC SEHK: 945 C$ unless otherwise stated TORONTO, June 24, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife" or the "Company") is hosting an Investor Day in Hong Kong and Jakarta, starting at 8:30 a.m. Hong Kong time on June 25 (8:30 p.m. June 24 eastern time). During this three-day event, senior management will showcase Manulife's record of successful execution of our strategy, highlight our transformation and speak to our right to win. Discussions will show how Manulife is uniqu ...
Manulife announces intention to redeem 3.049% Fixed/Floating Subordinated Debentures
Prnewswire· 2024-06-24 20:15
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO, June 24, 2024 /PRNewswire/ - Manulife Financial Corporation ("MFC") today announced its intention to redeem at par on August 20, 2024 all of its outstanding $750,000,000 principal amount of 3.049% Fixed/Floating Subordinated Debentures (the "Debentures") due August 20, 2029. The Debentures are redeemable at MFC's option on or after August 20, 2024 at a redemption price per Debenture equal to par, together with accrued and unpaid interest to but ...
Manulife Digital Transformation Strategy Analysis Report 2024: Accelerators, Incubators, Technology Centers and Other Innovation Programs
GlobeNewswire News Room· 2024-06-18 21:36
Dublin, June 18, 2024 (GLOBE NEWSWIRE) -- The "Manulife Financial Corp. (Manulife) - Digital Transformation Strategies" company profile has been added to ResearchAndMarkets.com's offering. Manulife offers insurance products and financial services. It operates under the Manulife brand across Canada, Europe, and Asia, and under the John Hancock brand in the US. The report provides comprehensive information and insights into Manulife's technology activities, focusing on its digital transformation strategies an ...
Manulife and World Economic Forum Launch the Prospering in Longevity Challenge to Drive Health and Financial Resiliency
Prnewswire· 2024-06-18 02:12
Multi-year partnership taking steps to help shape the future and funding of human longevity innovation TORONTO, June 17, 2024 /PRNewswire/ - Manulife and the World Economic Forum ("the Forum"), today announced the launch of the Prospering in Longevity Challenge, through UpLink, the Forum's open innovation platform. Earlier this year, a multi-year partnership between Manulife and Uplink was announced at the Forum's Annual Meeting in Davos and the Prospering in Longevity Challenge is the first of three innova ...