Manulife Fourth Quarter Earnings Call
17th January 2008 00:00 AM |
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| Net income increased 21% to $1.1 billion or 70 cents a share attributable to business growth, investment experience, and stronger equity markets. |
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| The Canadian-based financial services provider reported an 11% increase in Funds under Management to $414 billion driven by organic growth in segregated funds and mutual funds. The firm continued to focus on product innovation, distribution excellence and customer service. As a result, total capital was $31.5 billion, up $3.1 billion from $28.4 billion in 2005, as a result of growth in net income and new capital issued during the year. |
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Manulife Financial First Quarter Earnings Call
28th June 2007 00:00 AM |
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| Excluding the $69 million charge of repositioning assets, net income was $1,055 million, up 11% from $952 million in last year. |
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| The revenue of the leading Canadian financial services company reported revenue of C$8.62 billion compared to C$8.4 billion in prior year. During the quarter, premiums and deposits were $18.8 billion, up 5% from $17.9 billion a year earlier. Due to strong growth in the wealth management business, funds under management grew by 11% or $40.5 billion to $426.3 billion as at March 31, 2007. Manulife has declared a quarterly dividend of 22 cents per share, up 2 cents per share. |
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