Manulife Financial Corporation (MFC) Stock

About Manulife Financial Corporation

Manulife Financial Corporation, known by its ticker MFC, is a multinational financial services organization that provides a wide range of financial products and solutions. Its operations span across Asia, Canada, the United States, and other international markets. The company's activities are organized into three primary divisions: 1. Wealth and Asset Management: This segment focuses on investment solutions, including mutual funds, exchange-traded funds, group-based retirement and savings programs, and asset management services for institutional clients. These offerings are distributed through the company's network of agents and brokers, independent securities firms, financial advisors, pension consultants, and banks. 2. Insurance and Annuity Products: This division offers a diverse portfolio of financial protection products. This includes deposit and credit services, individual life insurance, and both individual and group long-term care insurance. It also provides various annuity options, both fully and partially guaranteed. These products are sold via insurance agents, brokers, banking partners, financial planners, and direct marketing channels. 3. Corporate and Other: This segment encompasses property and casualty insurance, as well as reinsurance activities, including the management of legacy reinsurance portfolios such as variable annuities and accident and health. Additionally, it oversees timberland and agricultural investment portfolios. The segment also handles insurance agency operations, portfolio and mutual fund management, mutual fund dealing, life, annuity, long-term care, and financial reinsurance services, alongside general fund management. Furthermore, it holds, manages, and provides investment management, advisory, and dealer services. Founded in 1887, Manulife Financial Corporation is headquartered in Toronto, Canada.

Manulife Financial Corporation is led by CEO Philip James Witherington, employs 37,000 people, headquartered in Toronto, CA, publicly traded since 1999.

Manulife Financial Corporation (MFC) stock trades at $43.92 with a market capitalization of $73.30B. The stock is valued at a price-to-earnings (P/E) ratio of 12.61, price-to-book of 1.27, price-to-sales of 1.67. Over the past 52 weeks the stock has ranged between $29.70 and $44.64, and currently trades 1.6% below its 52-week high. It pays a dividend yielding 3.37%.

On profitability, Manulife Financial Corporation generates a return on equity (ROE) of 11.35%, return on capital employed of 13.53%, an operating margin of 13.38%, a net profit margin of 11.97%.

In its most recent fiscal year, Manulife Financial Corporation reported annual revenue of $53.0B, net profit of $5.8B, revenue has compounded at -7.2% a year over the last five years, profit at 1.7% a year. Profit growing faster than revenue points to expanding margins.

The balance sheet shows a debt-to-equity ratio of 0.27 — a conservative balance sheet with little leverage risk, a current ratio of 0.00, total assets of $1.02T, $14.9B in cash and equivalents.

MFC has an average daily trading volume of 2,042,677 shares, a beta of 0.78 (less volatile than the overall market).

Official website: www.manulife.com