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More on Manulife results

  • Q2 core income of $701M or $0.36 per share vs. $609M and $0.31 one year ago. Core ROE of 9.6% vs. 10%.
  • Insurance sales growth (excluding group benefits) up 10% Y/Y.
  • Wealth sales of $13.3B down 7%. Net flows of more than $6B.
  • Dividend boosted 19% to $0.155 per share. Target dividend payout ratio is 35%.
  • Previously: Manulife Financial EPS of C$0.36
  • MFC +0.5%
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