Manulife

OverviewSuggest Edit

Manulife is a financial services company. It operates in 3 business segments: Wealth and Asset Management, Insurance and Annuity Products, and Corporate and Other. The Wealth and Asset Management businesses include mutual funds and exchange-traded funds, group retirement and savings products, and institutional asset management services. The Insurance and Annuity Products segment offers financial protection and wealth management products and services, such as individual life insurance, group life and health insurance, long-term care services, pension products, annuities, mutual funds, and banking products. The Corporate and Other segment is dedicated to property and casualty insurance and reinsurance businesses.

TypePublic
Founded1887
HQToronto, CA
Websitemanulife.com
Employee Ratings4
Overall CultureB

Latest Updates

Employees (est.) (Dec 2021)38,000(+3%)
Job Openings1,470
Revenue (FY, 2020)C$78.9 B
Share Price (May 2022)C$22.5(+4%)
Cybersecurity ratingAMore
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Key People/Management at Manulife

Roy Gori

Roy Gori

President & CEO
Marianne Harrison

Marianne Harrison

President & CEO, John Hancock
Paul Lorentz

Paul Lorentz

President & CEO, Global Wealth and Asset Management
Anil Wadhwani

Anil Wadhwani

President and Chief Executive Officer, Manulife Asia
Michael Doughty

Michael Doughty

President & CEO, Manulife Canada
Philip Witherington

Philip Witherington

Chief Financial Officer
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Manulife Office Locations

Manulife has offices in Toronto, Montréal, Oakville, Vancouver and in 28 other locations
Toronto, CA (HQ)
200 Bloor St E #6
Montréal, CA
900 Boulevard de Maisonneuve O
Oakville, CA
1700 rpo Lakeshore W
Toronto, CA
79 Wellington St W #2402
Vancouver, CA
1095 W Pender St #1920
Waterloo, CA
500 King St N
Show all (36)

Manulife Financials and Metrics

Manulife Revenue

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Manulife's revenue was reported to be C$78.91 b in FY, 2020 which is a 0.8% decrease from the previous period.
USD

Revenue (Q3, 2021)

16.0b

Gross profit (Q3, 2021)

5.8b

Gross profit margin (Q3, 2021), %

36.5%

Net income (Q3, 2021)

1.3b

Market capitalization (13-May-2022)

43.7b

Closing stock price (13-May-2022)

22.5

Cash (30-Sept-2021)

22.1b

EV

26.5b
Manulife's current market capitalization is C$43.7 b.
Annual
CADFY, 2018FY, 2019FY, 2020

Revenue

39.0b79.6b78.9b

Revenue growth, %

(33%)104%(1%)

Cost of goods sold

15.9b55.9b55.2b

Gross profit

23.0b23.7b23.7b
Quarterly
CADQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

23.5b22.2b22.6b20.2b27.5b13.4b(1.6b)25.8b16.0b

Cost of goods sold

16.8b16.2b17.6b14.1b22.7b7.1b7.0b18.1b10.1b

Gross profit

6.7b6.0b5.1b6.1b4.8b6.3b(8.6b)7.7b5.8b

Gross profit Margin, %

28%27%22%30%17%47%539%30%37%
Annual
CADFY, 2018FY, 2019FY, 2020

Cash

16.2b20.3b26.2b

Accounts Receivable

92.4b95.6b2.0b

PP&E

2.0b1.9b1.9b

Goodwill

5.9b5.7b5.7b
Quarterly
Annual
CADFY, 2018FY, 2019FY, 2020

Net Income

4.9b5.5b5.6b

Depreciation and Amortization

959.0m743.0m810.0m

Accounts Payable

1.5b1.8b(579.0m)

Cash From Operating Activities

19.2b20.5b20.0b
Quarterly
CADQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

2.2b1.5b615.0m1.1b839.0m1.8b865.0m2.7b1.3b

Depreciation and Amortization

185.0m186.0m179.0m202.0m200.0m200.0m164.0m182.0m171.0m

Accounts Payable

308.0m1.2b576.0m(288.0m)210.0m(134.0m)(846.0m)523.0m589.0m

Cash From Operating Activities

3.9b5.4b5.6b4.8b4.1b5.0b3.9b5.7b6.8b
USDFY, 2018

EV/CFO

0.9 x

Revenue/Employee

1.1m

Debt/Equity

0.1 x

Financial Leverage

15.9 x

P/E Ratio

6.1
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Manulife Operating Metrics

Manulife's Assets Under Management was reported to be $1.2t in Q3, 2021. Manulife's Customers was reported to be 30 m in FY, 2020.
FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021

Customers

28 m30 m30 m

Assets Under Management and Administration

$1.08 t$1.13 t$1.15 t$1.17 t$1.19 t$1.16 t$1.24 t$1.26 t$1.3 t$1.29 t$1.35 t$1.38 t

Assets Under Management

$959.07 b$1 t$1.01 t$1.03 t$1.04 t$1.02 t$1.09 t$1.1 t$1.3 t$1.13 t$1.17 t$1.2 t

Assets Under Administration

$124.45 b$134.2 b$136.14 b$140.43 b$145.4 b$138.94 b$149.51 b$152.21 b$162.69 b$167.56 b$174.38 k$181.61 b

Manulife Acquisitions / Subsidiaries

Company NameDateDeal Size
Standard LifeFebruary 02, 2015
John Hancock FinancialSeptember 29, 2003$10.4 b
Zurich LifeMarch 25, 2002
8 Cross Street PADREF Investments Ltd.
Benesure Canada Inc.
John Hancock Canadian Corp.
John Hancock Group
John Hancock International Holdings, Inc.
John Hancock Reassurance Company Ltd.
John Hancock Wealth Management
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Manulife Revenue Breakdown

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Manulife revenue breakdown by business segment: 7.3% from Global Wealth and Asset Management, 23.6% from Canadian Division, 36.1% from Asia Division, 29.6% from U.S. Division and 3.4% from Other

Manulife revenue breakdown by geographic segment: 56.2% from Asia, 37.6% from Canada, 5.3% from U.S. and 0.9% from Other

Manulife Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

SecurityScorecard logo

Manulife Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Manulife Online and Social Media Presence

Embed Graph

Manulife Company Culture

  • Overall Culture

    B

    70/100

  • CEO Rating

    A

    77/100

  • Compensation

    B

    71/100

  • Diversity

    A-

    75/100

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Manulife News and Updates

Manulife reports 1Q22 net income of $3.0 billion, core earnings of $1.6 billion, APE sales of $1.6 billion, and Global Wealth and Asset Management net inflows of $6.9 billion

C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 This earnings news release for Manulife Financial Corporation ("Manulife" or the "Company") should be read in conjunction with the Company's First Quarter 2022 Report to Shareholders, including our unaudited interim Consolidated...

Manulife Investment Management releases second annual stewardship report emphasizing key aspects for sustainable investment outcomes

BOSTON and LONDON, April 28, 2022 /PRNewswire/ - Manulife Investment Management recently announced the release of its second annual stewardship report. The report details the firm's continued commitment to effective stewardship practices and provides enhanced disclosure regarding those...

Manulife Plans to Reopen Four Major Canadian Offices Next Week

Manulife Plans to Reopen Four Major Canadian Offices Next Week

Vanessa Kanu Appointed to Manulife's Board of Directors

C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO , Feb. 15, 2022 /PRNewswire/ - Manulife today announced that Vanessa Kanu has been appointed to its Board of Directors, effective February 28, 2022. Ms. Kanu is a seasoned finance professional with over 20 years of business...

Manulife Investment Management announces promotions and updates to fixed-income teams reflecting depth and strength of global franchise

TSX/NYSE/PSE: MFC SEHK: 945 BOSTON, Feb. 15, 2022 /PRNewswire/ - A hallmark of Manulife Investment Management's organization is the depth and strength of its global investment teams. This trait is evident in how talent is developed and nurtured through training and mentoring, advancement...

Silicon Ranch Raises $775 Million in Equity Funding Led by Manulife Investment Management

NASHVILLE, Tenn., Jan. 6, 2022 /PRNewswire/ -- Silicon Ranch Corporation, one of the largest independent power producers in the U.S., announced today that it has raised $775 million in new equity capital. Manulife Investment Management, on behalf of Manulife Infrastructure Fund II and...
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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, Marianne Harrison and Paul Lorentz.

  • How many employees does Manulife have?

    Manulife has 38,000 employees.

  • What is Manulife revenue?

    Latest Manulife annual revenue is C$78.9 b.

  • What is Manulife revenue per employee?

    Latest Manulife revenue per employee is C$2.1 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 #6, Toronto.

  • Where are Manulife offices?

    Manulife has offices in Toronto, Montréal, Oakville, Vancouver and in 28 other locations.

  • How many offices does Manulife have?

    Manulife has 36 offices.