Manulife (MFC) reported earnings 30 days ago. What's next for the stock?
Start Time: 13:30 January 1, 0000 2:00 PM ET Manulife Financial Corporation (NYSE:MFC ) 25th Scotiabank Financials Summit Conference September 05, 2024, 13:30 AM ET Company Participants Roy Gori - President and CEO Conference Call Participants Meny Grauman - Scotiabank Operator Meny Grauman Hello, again. It's my pleasure to close out the Lifeco portion of the day with Roy Gori, President and CEO of Manulife.
Manulife (MFC) appears well-poised for growth on its strengthening Asia business, expanding Wealth and Asset Management business, cost savings to improve profitability and solid capital position.
Manulife Financial Corporation is a global financial services powerhouse with a significant presence in Asia and wealth management, serving 35 million customers. Shares have increased 23% year to date and 41% over the last year. Q2 results were good for Manulife, with earnings up 9% year over year, driven by growth in Asia and wealth management, despite challenges in the U.S.
Manulife's (MFC) Q2 results reflect higher sales in Canada, continued business growth, higher sales volumes in Japan and Hong Kong and positive net flows.
Manulife Financial (NYSE:MFC ) Q2 2024 Earnings Conference Call August 8, 2024 8:00 AM ET Company Participants Roy Gori - President & CEO Colin Simpson - CFO Phil Witherington - President & CEO, Manulife Asia Marc Costantini - Global Head of Inforce Management Scott Hartz - CIO Steve Finch - Chief Actuary Brooks Tingle - President & CEO, John Hancock Paul Lorentz - President & CEO, Manulife Investment Management Hung Ko - VP, IR Conference Call Participants Meny Grauman - Scotiabank John Aiken - Jefferies Paul Holden - CIBC Gabriel Dechaine - National Bank Financial Tom MacKinnon - BMO Capital Markets Mario Mendonca - TD Securities Doug Young - Desjardins Capital Markets Lemar Persaud - Cormark Securities Nigel D'Souza - Veritas Investment Research Operator Good morning, ladies and gentlemen. Welcome to the Manulife Financial Second Quarter 2024 Financial Results Conference Call.
Manulife (MFC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Dividend stocks are reliable investments for the long term. It provides additional income in the form of typically quarterly distributions that will most likely grow as a business continues to scale, on top of share price appreciation from the underlying securities.
Manulife (MFC) appears well-poised for growth on its strengthening Asia business, expanding Wealth and Asset Management business, cost savings to improve profitability and solid capital position.
Manulife Financial (MFC) sets new financial goals banking on its operational efficiency.
The company, founded in 1887, has a strong presence in Asia and has been steadily increasing its earnings despite challenges in the past decade. Manulife Financial has seen a 45% increase in performance over the last year, driven by growth in Asia, higher interest rates, and a robust share buyback program. With projected 10-12% annual earnings growth, a low valuation, and a sustainable dividend yield of 4.5%, Manulife presents an attractive investment opportunity.
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