Manulife Financial (TSE:MFC) has released an update.
Don't Miss our Black Friday Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Manulife Financial has reported a robust third quarter for 2024, with record core earnings of $1.8 billion and a 91% increase in earnings per share compared to the previous year. The company achieved a 40% rise in APE sales and a significant boost in Global Wealth and Asset Management net inflows, reflecting strong business performance and strategic capital management. With a core return on equity of 16.6%, Manulife continues to demonstrate its commitment to shareholder value.
For further insights into TSE:MFC stock, check out TipRanks’ Stock Analysis page.
