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 Ratings3.9
Overall CultureD

Latest Updates

Employees (est.) (Dec 2019)35,000(+3%)
Revenue (FY, 2019)C$79.6 B(+105%)
Share Price (Feb 2021)C$24.4 (+2%)
Cybersecurity ratingBMore

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 117 other locations
Toronto, CA (HQ)
200 Bloor St E
Montréal, CA
900 Boulevard de Maisonneuve O
Oakville, CA
Lakeshore W
Toronto, CA
TD South Tower, 2402-79 Wellington St W
Vancouver, CA
1920-1095 W Pender St
Waterloo, CA
500 King St N
Show all (143)

Manulife Financials and Metrics

Manulife Revenue

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Manulife's revenue was reported to be C$79.57 b in FY, 2019 which is a 104.2% increase from the previous period.
CAD

Revenue (FY, 2019)

79.6b

Revenue growth (FY, 2018 - FY, 2019), %

104.2%

Gross profit (FY, 2019)

23.7b

Gross profit margin (FY, 2019), %

29.7%

Net income (FY, 2019)

5.5b

Market capitalization (8-Feb-2021)

47.4b

Closing stock price (8-Feb-2021)

24.4

Cash (31-Dec-2019)

20.3b

EV

31.7b
Manulife's current market capitalization is C$47.4 b.
Annual
CADFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

53.3b58.3b39.0b79.6b

Revenue growth, %

55%9%(33%)104%

Cost of goods sold

34.1b39.3b15.9b55.9b

Gross profit

19.2b19.0b23.0b23.7b
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, 2019

Cash

15.2b16.0b16.2b20.3b

PP&E

1.4b1.3b2.0b1.9b

Goodwill

5.9b5.7b5.9b5.7b

Total Assets

720.7b729.5b750.3b809.1b
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, 2019

Net Income

3.1b2.3b4.9b5.5b

Depreciation and Amortization

771.0m790.0m959.0m743.0m

Cash From Operating Activities

17.0b17.8b19.2b20.5b

Cash From Investing Activities

(22.7b)(16.3b)(19.0b)(13.8b)
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$145.40 b
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Manulife Acquisitions / Subsidiaries

Company NameDateDeal Size
Standard LifeFebruary 02, 2015
John Hancock FinancialSeptember 29, 2003$10.40 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

B

88/100

SecurityScorecard 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

    C-

    62/100

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Manulife News and Updates

Ovo launches instant-redemption mutual fund offering through Manulife tie-up

Called Manulife Ovo Bareksa Likuid, the product is offered on Ovo's mobile app under its Ovo Invest section.

VietinBank and Manulife announce exclusive 16-year bancassurance partnership

HANOI, Vietnam, Dec. 14, 2020 /PRNewswire/ -- Vietnam Joint Stock Commercial Bank for Industry and Trade ("VietinBank") and Manulife Financial Corporation ("Manulife") are pleased to announce that an agreement has been signed between VietinBank and Manulife (Vietnam) Limited ("Manulife...

Manulife Tops Estimates as Asia Business Continues to Expand

Manulife Tops Estimates as Asia Business Continues to Expand

Manulife declares preferred share dividends

C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945 TORONTO, Nov. 11, 2020 /PRNewswire/ - Manulife's Board of Directors today announced quarterly shareholders' dividends on the following non-cumulative preferred shares of Manulife Financial Corporation, payable on or after December 19,...

Manulife reports 3Q20 net income of $2.1 billion, core earnings of $1.5 billion, APE sales of $1.4 billion, and a strong LICAT capital ratio of 155%

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 Third Quarter 2020 Report to Shareholders, including our unaudited Interim Consolidated...

Manulife Financial Stock Has A 40% Upside

We believe that Manulife Financial stock has an upside potential of 42% post-pandemic as the lower interest rate environment improves and GDP sees some recovery. MFC trades at $14 currently and it has lost 31% in value year-to-date. It traded at a pre-Covid high of $20 in February and is 29% below..
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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$79.6 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, Toronto.

  • Where are Manulife offices?

    Manulife has offices in Toronto, Montréal, Oakville, Vancouver and in 117 other locations.

  • How many offices does Manulife have?

    Manulife has 143 offices.