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Sun Life Financial is an international financial services organization providing insurance, wealth and asset management solutions to individuals, businesses, and institutions. The company offers life, health, wellness, disability, critical illness, stop-loss, and long-term care insurance. It also provides mutual funds, segregated funds, annuities, and guaranteed investment products, financial planning and retirement planning services and pooled funds, institutional portfolios and pension funds.

TypePublic
Founded1865
HQToronto, CA
Websitesunlife.com
Employee Ratings3.8

Latest Updates

Employees (est.) (Dec 2018)22,318(+4%)
Job Openings271
Revenue (FY, 2018)$27 B(-7%)
Share Price (Sep 2019)$44.5

Key People/Management at Sun Life Financial

Dean A. Connor

Dean A. Connor

President & Chief Executive Officer, Sun Life Financial
Claude A. Accum

Claude A. Accum

President, Sun Life Financial Asia
Kevin P. Dougherty

Kevin P. Dougherty

Executive Vice-President, Innovation and Partnerships
Linda Dougherty

Linda Dougherty

Executive Vice-President, Corporate Strategy and Global Marketing
Daniel R. Fishbein

Daniel R. Fishbein

President, Sun Life Financial U.S
Colm J. Freyne

Colm J. Freyne

Executive Vice-President & Chief Risk Officer
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Sun Life Financial Office Locations

Sun Life Financial has offices in Toronto, Montréal, Waterloo, Boston and in 13 other locations
Toronto, CA (HQ)
1 York St
Montréal, CA
1155 Rue Metcalfe
Waterloo, CA
227 King St S
Hamilton, BM
16, Church St
Tianjin, CN
Tianjin International Building, 37th Floor 75 Nanjing Road
Hong Kong, HK
10/F, Sun Life Tower The Gateway 15 Canton Road Kowloon
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Sun Life Financial Financials and Metrics

Sun Life Financial Revenue

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Sun Life Financial's revenue was reported to be $27 b in FY, 2018 which is a 8% decrease from the previous period.
CAD

Revenue (Q2, 2019)

10.1b

Gross profit (Q2, 2019)

5.8b

Gross profit margin (Q2, 2019), %

57.1%

Net income (Q2, 2019)

595.0m

Market capitalization (24-Sep-2019)

26.3b

Closing stock price (24-Sep-2019)

44.5

Cash (30-Jun-2019)

8.2b

EV

22.2b
Sun Life Financial's current market capitalization is $26.3 b.
Annual
CADFY, 2016FY, 2017FY, 2018

Revenue

28.6b29.3b27.0b

Revenue growth, %

48%3%(8%)

Cost of goods sold

15.2b15.4b16.0b

Gross profit

13.4b14.0b11.0b
Quarterly
CADQ1, 2016Q2, 2016Q3, 2016Q4, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019

Revenue

8.8b9.5b7.9b2.4b7.0b8.1b5.6b8.6b6.0b6.8b6.0b8.2b11.4b10.1b

Cost of goods sold

3.7b3.8b3.7b4.0b4.0b3.8b3.6b3.9b4.0b4.0b3.9b4.1b4.1b4.4b

Gross profit

5.1b5.7b4.2b(1.6b)3.0b4.3b1.9b4.8b2.0b2.9b2.1b4.1b7.3b5.8b

Gross profit Margin, %

58%60%54%(69%)42%53%35%55%33%42%35%50%64%57%
Annual
CADFY, 2016FY, 2017FY, 2018

Cash

8.6b8.9b9.5b

Goodwill

5.3b5.2b5.4b

Total Assets

258.2b269.1b271.8b

Total Debt

5.1b4.7b4.3b
Quarterly
Annual
CADFY, 2016FY, 2017FY, 2018

Net Income

2.8b2.5b

Cash From Operating Activities

3.7b2.0b3.8b

Purchases of PP&E

(131.0m)(182.0m)(85.0m)

Cash From Investing Activities

(1.9b)(339.0m)(280.0m)
Quarterly
CADQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019

Net Income

570.0m1.1b2.0b749.0m1.4b2.2b

Cash From Operating Activities

321.0m1.7b2.3b(618.0m)704.0m1.3b430.0m403.0m1.1b(1.2b)(1.9b)

Purchases of PP&E

(20.0m)(47.0m)(79.0m)(43.0m)(94.0m)(134.0m)23.0m(28.0m)(29.0m)(31.0m)(21.0m)

Cash From Investing Activities

(1.3b)(1.6b)(1.8b)18.0m(132.0m)(198.0m)(22.0m)(68.0m)(57.0m)(37.0m)(55.0m)
CADY, 2019

EV/CFO

-11.7 x

Debt/Equity

0.2 x

Financial Leverage

11.6 x
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Sun Life Financial Operating Metrics

Sun Life Financial's Assets Under Management was reported to be $1t in Q2, 2019. Sun Life Financial's Total Loans was reported to be $15.5b in FY, 2018.
Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018FY, 2018Q1, 2019Q2, 2019

Advisors

89 k99.87 k112.90 k112.80 k112.80 k

Assets Under Management

$812.56 b$808.08 b$846.16 b$891.33 b$860.52 b$864.60 b$908.10 b$903.28 b$927.28 b$943.82 b$933.60 b$974.79 b$978.93 b$986.12 b$983.52 b$951.14 b$951.14 b$1.01 t$1.02 t

Countries

26 26 26 26

Total Loans

$24.32 b$25.39 b$27.34 b$15.52 b
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Sun Life Financial Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Maxwell HealthJune 04, 2018
0936543 BC Ltd.
10458465 Canada Inc.
10458481 Canada Inc.
3060097 Nova Scotia Company
6324983 Canada Inc.
6425411 Canada Inc.
6965083 Canada Inc.
7037457 Canada Inc.
7647913 Canada Inc.
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Sun Life Financial Revenue Breakdown

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Sun Life Financial revenue breakdown by business segment: 9.3% from SLF Asia, 15.2% from SLF Asset Management, 19.1% from SLF U.S., 55.5% from SLF Canada and 0.9% from Other

Human Capital Metrics

Sun Life Financial's employees are reported to be approximately 63% female and 37% male.
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Sun Life Financial Online and Social Media Presence

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Sun Life Financial News and Updates

Sun Life Financial Inc. announces intention to redeem Series 2014-1 Subordinated Unsecured 2.77% Fixed/Floating Debentures

TORONTO, March 14, 2019 /PRNewswire/ - Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) today announced its intention to redeem all of the outstanding $250 million principal amount of Series 2014-1 Subordinated Unsecured 2.77% Fixed/Floating Debentures (the "Debentures") in accordance with...

Sun Life Financial declares dividends on Common and Preferred Shares payable in Q1 2019

TORONTO, Feb. 13, 2019 /PRNewswire/ - The Board of Directors (the "Board") of Sun Life Financial Inc. (the "Company") (TSX: SLF) (NYSE: SLF) today announced that a dividend of $0.50 per share on the common shares of the Company has been declared, payable March 29, 2019 to shareholders of...

Sun Life Financial Reports Fourth Quarter and Full Year 2018 Results

The information in this document is based on the unaudited interim financial results of Sun Life Financial Inc. for the period ended December 31, 2018. Sun Life Financial Inc., its subsidiaries and, where applicable, its joint ventures and associates are collectively referred to as "the...

Sun Life Financial hosts fourth quarter 2018 earnings conference call

TORONTO, Jan. 30, 2019 /PRNewswire/ - Sun Life Financial Inc. ("Sun Life Financial") (TSX: SLF) (NYSE: SLF) will release its fourth quarter 2018 financial results on Wednesday, February 13, 2019, after markets close. Sun Life Financial will hold its earnings conference call and audio...

Sun Life Financial to Acquire Majority Stake in Bentall GreenOak

TORONTO, Dec. 19, 2018 /PRNewswire/ - Sun Life Financial Inc. ("Sun Life Financial") (TSX: SLF) (NYSE: SLF) today announced that it intends to merge Bentall Kennedy, its leading North American real estate and property management firm which Sun Life Financial acquired in 2015, with...

Sun Life Financial Announces Automatic Repurchase Plan Pursuant to Its Normal Course Issuer Bid

TORONTO, Dec. 10, 2018 /PRNewswire/ - Sun Life Financial Inc. (the "Company") (TSX, NYSE: SLF) announced today that it has implemented an automatic repurchase plan with its designated broker in order to facilitate purchases of its common shares under its previously announced normal course ...
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Sun Life Financial Frequently Asked Questions

  • When was Sun Life Financial founded?

    Sun Life Financial was founded in 1865.

  • Who are Sun Life Financial key executives?

    Sun Life Financial's key executives are Dean A. Connor, Claude A. Accum and Kevin P. Dougherty.

  • How many employees does Sun Life Financial have?

    Sun Life Financial has 22,318 employees.

  • What is Sun Life Financial revenue?

    Latest Sun Life Financial annual revenue is $27 b.

  • What is Sun Life Financial revenue per employee?

    Latest Sun Life Financial revenue per employee is $1.2 m.

  • Who are Sun Life Financial competitors?

    Competitors of Sun Life Financial include The Hartford, Aviva and MetLife.

  • Where is Sun Life Financial headquarters?

    Sun Life Financial headquarters is located at 1 York St, Toronto.

  • Where are Sun Life Financial offices?

    Sun Life Financial has offices in Toronto, Montréal, Waterloo, Boston and in 13 other locations.

  • How many offices does Sun Life Financial have?

    Sun Life Financial has 19 offices.