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 as well as offers reinsurance solutions, specializing in property and casualty retrocession.
TypePublic
Founded1887
HQToronto, CA
Websitemanulife.com
Employee Ratings4
Overall CultureD

Latest Updates

Employees (est.) (Dec 2019)35,000(+3%)
Job Openings1,035
Revenue (FY, 2020)C$78.9 B
Share Price (Jun 2021)C$25.3
Cybersecurity ratingAMore

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 110 other locations
Toronto, CA (HQ)
200 Bloor St E #6
Montréal, CA
900 Boulevard de Maisonneuve O
Oakville, CA
Lakeshore W
Toronto, CA
79 Wellington St W #2402
Vancouver, CA
1920-1095 W Pender St
Waterloo, CA
500 King St N
Show all (140)

Manulife Financials and Metrics

Manulife Revenue

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Manulife's revenue was reported to be C$78.91 b in FY, 2020
CAD

Revenue (FY, 2020)

78.9b

Gross profit (FY, 2020)

23.7b

Gross profit margin (FY, 2020), %

30%

Net income (FY, 2020)

5.6b

Market capitalization (4-Jun-2021)

49.0b

Closing stock price (4-Jun-2021)

25.3

Cash (31-Dec-2020)

26.2b

EV

29.0b
Manulife's current market capitalization is C$49 b.
Annual
CADFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

53.3b58.3b39.0b79.6b78.9b

Revenue growth, %

55%9%(33%)104%

Cost of goods sold

34.1b39.3b15.9b55.9b55.2b

Gross profit

19.2b19.0b23.0b23.7b23.7b
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, 2018FY, 2019FY, 2020

Cash

15.2b16.0b16.2b20.3b26.2b

PP&E

1.4b1.3b2.0b1.9b

Goodwill

5.9b5.7b5.9b5.7b9.9b

Total Assets

720.7b729.5b750.3b809.1b880.3b
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, 2018FY, 2019FY, 2020

Net Income

3.1b2.3b4.9b5.5b5.6b

Depreciation and Amortization

771.0m790.0m959.0m743.0m

Cash From Operating Activities

17.0b17.8b19.2b20.5b20.0b

Cash From Investing Activities

(22.7b)(16.3b)(19.0b)(13.8b)(14.1b)
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)
CADFY, 2016

Revenue/Employee

1.5m

Debt/Equity

0.3 x

Financial Leverage

16.8 x
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Manulife Operating Metrics

Manulife's Assets Under Management was reported to be $1t in FY, 2019. Manulife's Customers was reported to be 30 m in FY, 2019.
FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Customers

26 m26 m26 m28 m30 m

Assets Under Management and Administration

$935.18 b$977.06 b$1.04 t$1.08 t$1.19 t

Assets Under Management

$857.27 b$894.62 b$952.56 b$959.07 b$1.04 t

Assets Under Administration

$12.07 b$123.19 b$124.45 b$145.4 b
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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: 50.3% from Corporate and Other, 15.6% from U.S. Division, 12.4% from Canadian Division, 18.1% from Asia Division and 3.5% from Other

Manulife revenue breakdown by geographic segment: 35.0% from U.S., 26.6% from Canada, 37.6% from Asia and 0.8% from Other

Manulife Cybersecurity Score

Cybersecurity ratingPremium dataset

A

91/100

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

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Manulife Company Culture

  • Overall Culture

    D

    61/100

  • CEO Rating

    D+

    65/100

  • Compensation

    D+

    62/100

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Manulife News and Updates

Manulife Financial Corporation announces results of Conversion Privileges of Class 1 Preferred Shares, Series 3 and Series 4

C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO, June 7, 2021 /PRNewswire/ - Manulife Financial Corporation ("Manulife") today announced that after having taking into account all election notices received by the June 4, 2021 deadline for conversion, 812,380 of its currently...

Manulife Releases 2020 Sustainability Report and Public Accountability Statement

C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO, May 7, 2021 /PRNewswire/ - Manulife today released its 2020 Sustainability Report and Public Accountability Statement. The report highlights Manulife and John Hancock's environmental, social and governance (ESG) performance...

Manulife CEO Sees Lift From Rate Rise After Short-Term ‘Noise’

Manulife CEO Sees Lift From Rate Rise After Short-Term ‘Noise’

Manulife Investment Management issues inaugural stewardship report and emphasizes role of active asset managers to drive impact

TSX/NYSE/PSE: MFC SEHK: 945 TORONTO, April 22, 2021 /PRNewswire/ - Manulife Investment Management recently announced the release of its inaugural stewardship report. The report highlights the firm's commitment to stewardship codes across a variety of jurisdictions and developed in...

Manulife Investment Management appoints head of high-net-worth strategy for private markets

TSX/NYSE/PSE: MFC SEHK: 945 Commits to product innovation and offering to broader distribution and investor base BOSTON, April 16, 2021 /PRNewswire/ - Manulife Investment Management today announced that it has named Alex Catterick as Senior Managing Director, high-net-worth strategy,...

Manulife Investment Management completes acquisition of Brazilian timberlands

Acquires 12,874 hectares of highly productive eucalyptus plantations in Mato Grosso do Sul, Brazil TSX/NYSE/PSE: MFC SEHK: 945 BOSTON, March 23, 2021 /PRNewswire/ - Hancock Natural Resource Group (HNRG), a company of Manulife Investment Management, through its affiliate Sempre Verde...
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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 35,000 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$2.3 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 110 other locations.

  • How many offices does Manulife have?

    Manulife has 140 offices.