An update from Sun Life Financial ( (TSE:SLF) ) is now available.
Sun Life Financial Inc. reported a decline in underlying net income by 2% for the fourth quarter of 2024, although it saw a 3% increase for the full year, driven by strong performance in wealth and asset management. Despite a decrease in reported net income due to market conditions and impairment in their Vietnam operations, Sun Life experienced growth in assets under management and maintained a strong capital position, indicating a positive outlook for long-term growth.
More about Sun Life Financial
Sun Life Financial Inc. operates in the financial services industry, managing operations through five business segments: Asset Management, Canada, U.S., Asia, and Corporate. It offers a range of financial products and services, focusing on wealth and asset management, health and protection, and individual protection, across several major markets globally.
YTD Price Performance: -0.92%
Average Trading Volume: 626,347
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $33.94B
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