Manulife Reports Third Quarter 2026 Results
Manulife reported record 3Q26 core earnings of $2.1 billion, up 4% on a CER basis, with core EPS of $1.24 up 6% and a 17.8% core ROE, driven by 17% core earnings growth in Asia. GAAP net income attributed to shareholders fell 22% to $1.4 billion, hit by a $388 million net charge on market experience — mainly weak alternative-asset returns — and a net charge from Vietnam operations including a bancassurance impairment. New business was steady with APE sales of $2.6 billion roughly flat, while Global WAM posted $3.6 billion in net outflows, an improvement from $6.2 billion a year earlier. The balance sheet remains strong with a 136% LICAT ratio and $1.3 billion returned to shareholders.
Key figures
- Eps
- 0.82
- Nbv
- 907000000
- Roe
- 11.8%
- Eps yoy
- -21%
- Core eps
- 1.24
- Core roe
- 17.8%
- Ape sales
- 2626000000
- Licat ratio
- 136%
- Core eps yoy
- 6%
- Core earnings
- 2125000000
- Csm net of nci
- 27318000000
- Net income yoy
- -22%
- New business csm
- 957000000
- Core earnings yoy
- 4%
- Book value per share
- 28.06
- Global wam net outflows
- -$3.6B
- Financial leverage ratio
- 23.0%
- Adjusted book value per share
- 41.78
- Capital returned to shareholders
- 1300000000
- Net income attributed to shareholders
- 1424000000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.