OverviewSuggest Edit

Manulife is a financial services company providing financial advice, insurance, and wealth and asset management solutions. It offers financial protection and wealth management products and services including individual life insurance, group life and health insurance, long-term care services, pension products, annuities, mutual funds, and banking products. The company also delivers asset management services to institutional customers and offers reinsurance solutions, specializing in property and casualty retrocession.
TypePublic
Founded1887
HQToronto, CA
Websitemanulife.com
Employee Ratings3.6

Latest Updates

Employees (est.) (Dec 2018)34,000
Job Openings1,020
Revenue (FY, 2018)$39 B(-33%)
Share Price (Sept 2019)$18.3

Key People/Management at Manulife

Roy Gori

Roy Gori

President & CEO
Michael Doughty

Michael Doughty

President & CEO, Manulife Canada
Steven Finch

Steven Finch

Chief Actuary
Cindy Forbes

Cindy Forbes

Chief Marketing Officer
James Gallagher

James Gallagher

General Counsel
Marianne Harrison

Marianne Harrison

President & CEO, John Hancock
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Manulife Office Locations

Manulife has offices in Toronto, Waterloo, Boston, Phnom Penh and in 11 other locations
Toronto, CA (HQ)
200 Bloor St E
Waterloo, CA
500 King St N
Phnom Penh, KH
SIRI Tower, Street 257
Kowloon, HK
Manulife Tower at One Bay East, 83 Hoi Bun Rd
Shibuya City, JP
Sasazuka Station, 1-chōme Sasazuka
Shinjuku City, JP
3-chōme-20-2 Nishishinjuku
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Manulife Financials and Metrics

Manulife Revenue

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View revenue for all periods
Manulife's revenue was reported to be $38.97 b in FY, 2018 which is a 33.2% decrease from the previous period.
CAD

Revenue (Q3, 2019)

22.6b

Gross profit (Q3, 2019)

5.1b

Gross profit margin (Q3, 2019), %

22.4%

Net income (Q3, 2019)

615.0m

Market capitalization (24-Sept-2019)

35.7b

Closing stock price (24-Sept-2019)

18.3

Cash (30-Sept-2019)

18.0b

EV

22.4b
Manulife's current market capitalization is $35.7 b.
Annual
CADFY, 2016FY, 2017FY, 2018

Revenue

53.3b58.3b39.0b

Revenue growth, %

55%9%(33%)

Cost of goods sold

34.1b39.3b15.9b

Gross profit

19.2b19.0b23.0b
Quarterly
CADQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

13.6b16.6b11.9b8.7b13.7b8.0b23.5b22.2b22.6b

Cost of goods sold

7.7b10.9b6.6b2.9b7.7b1.9b16.8b16.2b17.6b

Gross profit

5.8b5.7b5.3b5.9b5.9b6.2b6.7b6.0b5.1b

Gross profit Margin, %

43%34%45%67%43%77%28%27%22%
Annual
CADFY, 2016FY, 2017FY, 2018

Cash

15.2b16.0b16.2b

PP&E

1.4b1.3b2.0b

Goodwill

5.9b5.7b5.9b

Total Assets

720.7b729.5b750.3b
Quarterly
CADQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

16.0b15.9b15.3b17.0b17.2b15.6b16.1b16.8b18.0b

Total Assets

728.3b725.7b713.4b739.8b752.2b747.8b779.9b789.6b811.8b

Long-term debt

4.7b4.6b4.6b

Total Debt

13.8b13.2b13.3b13.2b13.5b13.4b4.7b4.6b4.6b
Annual
CADFY, 2016FY, 2017FY, 2018

Net Income

3.1b2.3b4.9b

Depreciation and Amortization

771.0m790.0m959.0m

Cash From Operating Activities

17.0b17.8b19.2b

Cash From Investing Activities

(22.7b)(16.3b)(19.0b)
Quarterly
CADQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Net Income

1.4b2.7b4.0b1.4b2.7b4.6b2.2b1.5b615.0m

Depreciation and Amortization

166.0m341.0m583.0m195.0m422.0m656.0m185.0m186.0m179.0m

Cash From Operating Activities

3.2b8.1b12.7b3.8b8.8b14.5b3.9b5.4b5.6b

Cash From Investing Activities

(3.5b)(7.2b)(12.3b)(3.7b)(8.4b)(15.4b)(3.2b)(5.1b)(4.1b)
CADY, 2019

EV/CFO

4 x

Debt/Equity

0.1 x

Financial Leverage

16 x
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Manulife Operating Metrics

Manulife's Assets Under Management was reported to be $959.1b in FY, 2018. Manulife's Customers was reported to be 28 m in FY, 2018.
FY, 2015FY, 2016FY, 2017FY, 2018

Assets Under Management and Administration

$935.18 b$977.06 b$1.04 t$1.08 t

Assets Under Management

$857.27 b$894.62 b$952.56 b$959.07 b

Agents

63 k70 k73 k82 k

Customers

26 m26 m26 m28 m
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Manulife Acquisitions / Subsidiaries

Company NameDateDeal Size
8 Cross Street PADREF Investments Ltd.
Benesure Canada Inc.
John Hancock Canadian Corp.
John Hancock Financial
John Hancock Group
John Hancock International Holdings, Inc.
John Hancock Reassurance Company Ltd.
John Hancock Wealth Management
Manufacturers Life Capital Corp.
Manulife Asset Management
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Manulife Revenue Breakdown

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Manulife revenue breakdown by business segment: 13.9% from Global Wealth and Asset Management, 34.6% from Canadian Division, 49.9% from Asia Division and 1.6% from Other

Manulife Online and Social Media Presence

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Manulife News and Updates

Manulife Investment Management Announces Final 2019 Cash Distributions for Manulife Exchange Traded Funds

TORONTO - Manulife Investment Management today announced the final December 2019 cash distributions for Manulife Exchange Traded Funds (ETFs) that distribute semi-annually. Unitholders of record of the Manulife ETFs at the close of business on December 31, 2019 will receive cash distributions payabl…

Israel's Harel, Canada's Manulife to invest in U.S. real estate

Israel's Harel Insurance Investments and Financial Services said on Wednesday it would invest up to $1.2 billion together with Canada's Manulife Investment Management in U.S. real estate.

Scott Gordon Joins Manulife Investment Management as Senior Managing Director, Head of Real Estate Asset Management, Canada

TORONTO – Manulife Investment Management announced today the appointment of Scott Gordon to the position of Senior Managing Director, Head of Real Estate Asset Management, Canada. Based in Manulife’s Toronto office, Scott will report to Ted Willcocks, Global Head of Asset Management, Real Estate, ef…

Manulife Financial Corporation announces Conversion Privilege of Non-cumulative Rate Reset Class 1 Shares Series 17

C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO, Nov. 8, 2019 /PRNewswire/ - Manulife Financial Corporation ("Manulife") today announced that it does not intend to exercise its right to redeem all or any of its currently outstanding 14,000,000 Non-cumulative Rate Reset...

Manulife Financial Corporation announces results of Conversion Privilege of Non-cumulative Rate Reset Class 1 Shares Series 15

C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO, June 5, 2019 /PRNewswire/ - Manulife Financial Corporation ("Manulife") today announced that after having taken into account all election notices received by the June 4, 2019 deadline for conversion of its currently...

Manulife Financial Corporation announces Dividend Rates on Non-cumulative Rate Reset Class 1 Shares Series 15 and Non-cumulative Floating Rate Class 1 Shares Series 16

C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO, May 21, 2019 /PRNewswire/ - Manulife Financial Corporation ("Manulife") today announced the applicable dividend rates for its Non-cumulative Rate Reset Class 1 Shares Series 15 (the "Series 15 Preferred Shares") (TSX:...
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Manulife Frequently Asked Questions

  • When was Manulife founded?

    Manulife was founded in 1887.

  • Who are Manulife key executives?

    Manulife's key executives are Roy Gori, Michael Doughty and Steven Finch.

  • How many employees does Manulife have?

    Manulife has 34,000 employees.

  • What is Manulife revenue?

    Latest Manulife annual revenue is $39 b.

  • What is Manulife revenue per employee?

    Latest Manulife revenue per employee is $1.1 m.

  • Who are Manulife competitors?

    Competitors of Manulife include Swiss Re, The Great-West Life Assurance Company and Aflac.

  • Where is Manulife headquarters?

    Manulife headquarters is located at 200 Bloor St E, Toronto.

  • Where are Manulife offices?

    Manulife has offices in Toronto, Waterloo, Boston, Phnom Penh and in 11 other locations.

  • How many offices does Manulife have?

    Manulife has 25 offices.