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Manulife Financial Corporation (T:MFC)

Business Focus: Life & Health Insurance (NEC)

This company is also listed in the United States as MFC on the NYSE. Click here to get the live US quote and see if there are any SEC insider filings..
Sector:  Financials Industry:  Life & Health Insurance
 
See Regulatory Filings on SEDAR
Company Contact
Address: 1-200 Bloor St E, North Tower 10
TORONTO ON M4W 1E5
Tel: N/A
Website: https://www.manulife.com
IR: See website
Key People
Roy Gori
President, Chief Executive Officer, Director
Scott Sears Hartz
Chief Investment Officer
Philip James Witherington
Chief Financial Officer
Damien Allen Green
President and Chief Executive Officer - Manulife Asia
Marianne Harrison
President and Chief Executive Officer of John Hancock
Naveed Irshad
President and Chief Executive officer, Manulife canada
Paul Raymon Lorentz
President and Chief Executive Officer, Global Wealth and Asset Management
Brooks Tingle
President and Chief Executive Officer of John Hancoc
Rahul M. Joshi
Chief Operations Officer
Pamela O. Kimmet
Chief Human Resource Officer
   
Business Overview
Manulife Financial Corporation is a Canada-based international financial services company. The Company operates as Manulife across its offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States. It provides financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions. Its segments include Asia, Canada, U.S., Global Wealth and Asset Management (Global WAM), and Corporate and Other. The Asia segment provides insurance products and insurance-based wealth accumulation products. The Canada segment provides insurance products, insurance-based wealth accumulation products, and banking services and has an in-force variable annuity business. The U.S. segment provides life insurance products, insurance-based wealth accumulation products and has an in-force long-term care insurance business. Global WAM segment provides investment advice and solutions to its retail, retirement, and institutional clients.
Financial Overview
For the fiscal year ended 31 December 2022, Manulife Financial Corp revenues decreased 79% to C$11.69B. Net income applicable to common stockholders increased 2% to C$7.03B. Revenues reflect Asia Division segment decrease of 49% to C$14.96B, Canadian Division segment decrease of 68% to C$3.91B, Asia segment decrease of 49% to C$15.81B, Canada segment decrease of 65% to C$4.87B.
Employees: 40,000 as of Dec 31, 2022
Reporting Currency: Canadian Dollars
Enterprise value: $44,551M as of Dec 31, 2022
Annual revenue (TTM): $15,284M as of Dec 31, 2022
EBITDA (TTM): $10,635M as of Dec 31, 2022
Net annual income (TTM): $7,034M as of Dec 31, 2022
Free cash flow (TTM): $14,948M as of Dec 31, 2022
Net Debt Last Fiscal Year: N/A
Shares outstanding: 1,857,336,662 as of Feb 28, 2023
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization