Manulife Financial Corporation (MNUFF)
Manulife Financial Corporation operates in the Insurance - Life industry of the Financial Services sector, headquartered in Toronto, ON, CA. The stock last traded at $14.50, up 0.00% on the session, giving a market capitalisation of $24.20B. On trailing twelve-month figures it carries a trailing P/E of 16.52, a net margin of 11.6%. Its beta of 0.78 implies it has historically moved less than the broad market.
Manulife Financial Corporation, along with its extensive network of subsidiaries, delivers a diverse array of financial products and services across key regions such as Asia, Canada, the United States, and various other international markets. The company's operations are strategically organized across three primary business segments: Wealth and Asset Management, Insurance and Annuity Products, and Corporate and Other. Its Wealth and Asset Management arm provides a variety of investment solutions, including diverse investment funds like mutual funds and exchange-traded funds (ETFs), collective retirement and savings programs, and tailored asset management services for institutional clients. These offerings are made available through a broad network of company-affiliated agents and brokers, independent securities brokerage firms, financial advisors, pension plan consultants, and banking partners. The Insurance and Annuity Products division furnishes a comprehensive suite of protection and retirement offerings. This includes banking and credit solutions, individual life insurance, both individual and group long-term care coverage, and annuity products that are either fully or partially guaranteed. These products reach customers via a robust distribution network encompassing insurance agents, brokers, banks, financial planners, and direct marketing channels. The Corporate and Other segment encompasses various specialized activities. This includes property and casualty insurance, along with various reinsurance operations, such as the administration of legacy variable annuity, accident, and health portfolios. It also oversees timberland and agricultural investments. Further functions within this division include operating as an insurance agency, comprehensive portfolio and mutual fund management, mutual fund dealing, and specialized reinsurance in areas like life, annuity, long-term care, and financial products. Additionally, it delivers general fund management, investment management, financial counseling, advisory, and dealer services. Established in 1887, Manulife Financial Corporation maintains its corporate headquarters in Toronto, Canada.
Manulife Financial Corporation is most often compared with the following Financial Services names: