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MANULIFE(MFC) - 2024 Q1 - Earnings Call Transcript
2024-05-09 23:37
财务数据和关键指标变化 - 核心收益同比增长16%,每股核心收益增长20% [10] - 核心权益回报率提升至16.7%,超过15%的中期目标 [10][11][13] - 调整后每股账面价值增长11%,达到33.39美元 [12] 各条业务线数据和关键指标变化 - 亚洲新业务价值增长28%,占比约70% [14] - 全球财富管理净流入67亿美元,各业务线均有正贡献 [9][19] - 加拿大新业务价值增长71% [29] - 美国新业务价值和新业务CSM均有增长,反映高净值客户需求回升 [31] 各个市场数据和关键指标变化 - 中国内地新业务创历史新高,主要来自银行保险渠道 [82] - 新加坡和印尼业务表现强劲 [83] - 香港内地客户渠道销售有所下降,但本地客户业务保持强劲增长 [45][47][49] - 日本业务价值指标和收益均有增长 [133] 公司战略和发展方向及行业竞争 - 通过大宗再保险交易释放8亿美元资本,将用于股票回购 [11][12] - 完成收购CQS,拓展全球财富管理业务 [15] - 持续探索提升权益回报率的机会 [15][16] - 监管对内地客户渠道的调查可能会对该渠道销售产生一定影响,但对公司整体影响有限 [54][55][57] 管理层对经营环境和未来前景的评论 - 对亚洲和全球财富管理业务的未来前景保持乐观 [82][83][133] - 认为利率上升整体有利于公司,但短期内可能会对商业地产投资收益产生一定压力 [88][89][90][125][126] - 对公司实现15%以上核心权益回报率的目标保持信心 [107][108][109][110] 问答环节重要的提问和回答 问题1 **Meny Grauman 提问** 询问亚洲业务收益是否存在不可持续因素 [39] **Phil Witherington 回答** 亚洲业务收益主要由新业务CSM增长和去年四季度会计方法变更带来的影响,可持续性较强,短期可能会受到一些非经常性因素波动 [40][41][42][43] 问题2 **Gabriel Deschaine 提问** 询问内地客户渠道销售下滑是否与监管调查有关 [53] **Phil Witherington 和 Roy Gori 回答** 监管调查暂未对公司产生直接影响,销售下滑主要由于该渠道竞争加剧。公司认为监管趋严长期有利于该业务的健康发展 [54][55][56][59] 问题3 **Doug Young 提问** 询问信用减值准备大幅下降的原因,以及未来走势 [69][70][71] **Scott Hartz 回答** 本季度信用环境较为平稳,加上出售固定收益资产释放了部分减值准备,预计未来几个季度信用减值准备会在30-50百万美元区间波动 [72][73][74]
MANULIFE(MFC) - 2024 Q1 - Quarterly Report
2024-05-09 05:14
Table of Contents Exhibit 99.1 ...
Manulife declares preferred share dividends
Prnewswire· 2024-05-09 05:03
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO, May 8, 2024 /PRNewswire/ - Manulife's Board of Directors today announced quarterly shareholders' dividends on the following non-cumulative preferred shares of Manulife Financial Corporation, payable on or after June 19, 2024, to shareholders of record at the close of business on May 22, 2024: Class A Shares Series 2 - $0.29063 per share Class A Shares Series 3 - $0.28125 per share Class 1 Shares Series 3 - $0.14675 per share Class 1 Shares Seri ...
Manulife declares common share dividend
Prnewswire· 2024-05-09 05:02
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO, May 8, 2024 /PRNewswire/ - Manulife's Board of Directors today announced a quarterly common shareholders' dividend of $0.40 per share on the common shares of Manulife, payable on and after June 19, 2024, to shareholders of record at the close of business on May 22, 2024. In respect of the Company's Canadian Dividend Reinvestment and Share Purchase Plan and its U.S. Dividend Reinvestment and Share Purchase Plan, the Company will purchase common ...
Manulife Reports First Quarter 2024 Results
Prnewswire· 2024-05-09 05:01
TSX/NYSE/PSE: MFC SEHK: 945 C$ unless otherwise stated TORONTO, May 8, 2024 /PRNewswire/ - Manulife Financial Corporation ("Manulife" or the "Company") reported its first quarter results for the period ended March 31, 2024, delivering strong core ROE and topline growth, and closing the largest long-term care ("LTC") reinsurance transaction in the industry. Key highlights for the first quarter of 2024 ("1Q24") include: Core earnings1 of $1.8 billion, up 16% on a constant exchange rate basis2 from the first q ...
Front Street Re Appoints Edison Fong as Chief Executive Officer
Prnewswire· 2024-05-08 21:22
GEORGETOWN, Cayman Islands, May 8, 2024 /PRNewswire/ -- Front Street Re ("FSR" or the "Company"), an international Insurtech and reinsurance company that focuses on annuity, life, health, and general reinsurance solutions and is an operating subsidiary of Lexasure Financial Group Limited ("Lexasure"), today announced the appointment of Edison Fong as Chief Executive Officer following a thorough search process. Edison Fong, CEO of Front Street Re Mr. Ian Lim, Chief Executive Officer of Lexasure Financial Gro ...
Manulife Financial (MFC) Reports Next Week: Wall Street Expects Earnings Growth
Zacks Investment Research· 2024-05-01 23:05
Wall Street expects a year-over-year increase in earnings on lower revenues when Manulife Financial (MFC) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 8. ...
Manulife Financial Corporation announces Conversion Privilege of Non-cumulative Rate Reset Class 1 Shares Series 15
Prnewswire· 2024-04-26 04:01
分组1 - Manulife今日宣布不打算在2024年6月19日行使其对800万股非累积利率重设第1类股份第15系列(“第15系列优先股”)的全部或部分赎回权[1] - 持有人可以选择在2024年6月19日将其第15系列优先股按一对一的比例转换为Manulife的非累积浮动利率第1类股份第16系列(“第16系列优先股”)[1] 分组2 - Manulife将于2024年5月21日通过新闻发布公布第15系列优先股的5年期间股息率和第16系列优先股的3个月期间股息率[4]
Manulife to Release First Quarter 2024 Results
Prnewswire· 2024-04-24 20:00
公司业绩发布 - 曼努利财务公司将于2024年5月8日发布2024年第一季度财务业绩[1] - 2024年5月9日将举行现场网络直播和电话会议,公司高管团队将讨论业绩,并与分析师进行问答环节[2] - 可通过拨打电话号码1-800-806-5484或1-416-340-2217(密码:5223647)参与电话会议[3] - 电话会议结束后,可在manulife.com/en/investors/results-and-reports上查看存档的网络直播[4] 公司背景介绍 - 曼努利财务公司是一家领先的国际金融服务提供商,总部位于加拿大多伦多,业务遍布加拿大、亚洲和欧洲,主要在美国以约翰汉考克(John Hancock)品牌运营[5]
Manulife Financial Corporation (MFC) National Bank Financial 22nd Annual Financial Services Conference (Transcript)
2024-03-28 01:13
交易和业务发展 - Manulife与一家私募股权支持的保险公司进行了交易,对长期护理业务产生了积极影响[6] - 交易涉及两个日本的全寿险业务和一个美国的结构化解决方案[10] - 长期护理业务与其他业务打包交易被视为完美机会[12] - 第三方再保险商对风险的看法与Manulife一致,交易验证了假设和储备[14] 市场策略和展望 - Manulife在亚洲市场追求更多大陆中国游客销售,主要是销售储蓄产品[18] - 日本市场存在增长机会,尽管面临挑战,但仍看好[23] - 亚洲市场现金流占主导地位,达17亿美元[29] - 公司认为在亚洲市场有许多增长机会,特别是在大陆中国游客销售方面[27] 财务和投资 - 高利率使公司能够提供更有吸引力的保证,投资长期获得更好的利润[33] - ALDA资产销售会影响预期收益,但通过回购股票可以抵消[35] - 公司有大量资本可供使用,M&A是最后考虑的选项[39]