Manulife Financial (TSE:MFC) has released an update.
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Manulife Financial Corporation reported a strong second quarter in 2024, highlighting a 6% increase in core earnings to $1.7 billion and a 9% rise in core EPS to $0.91, compared to the same period last year. The company also noted significant growth in new business value, up by 23%, and a robust core return on equity (ROE) at 15.7%. Manulife’s strategic initiatives continue to pay off, with substantial share buybacks and a firm commitment to buying back more shares, signaling confidence in delivering shareholder value.
For further insights into TSE:MFC stock, check out TipRanks’ Stock Analysis page.
