Sun Life Financial (TSE:SLF)
NYSE:SLF
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Earnings Data
Report Date
Aug 06, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.93Last Year’s EPS
1.79Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized strong underlying operating performance, particularly in Asia, Canada wealth, and stop-loss in the U.S., along with meaningful progress on strategic M&A and scale in asset management and continued capital returns to shareholders. Offsetting items included one-time charges and market-related impacts that reduced reported net income, short-term underperformance at SLC driven by timing of catch-up and seed fees, MFS U.S. retail outflows, and near-term pressure in the U.S. Dental business due to deliberate repricing and exits. On balance, operational momentum and capital strength outweighed the transitory and timing-related challenges discussed.Company Guidance
Solid Underlying Earnings and EPS Growth
Underlying net income of $1.05 billion, underlying EPS growth of 4% year-over-year, and underlying ROE of 18.6% (on path to the medium-term objective of 20%).
Record and Strong Insurance Sales
Total insurance sales rose 17% YoY to $1.7 billion; individual insurance sales hit a record $1.2 billion, up 32% YoY; group insurance sales were $552 million.
Exceptional Asia Performance
Asia sales up 49% YoY, exceeding $1 billion in the quarter for the first time; Hong Kong individual insurance sales +75% with agent count +25%; Indonesia sales growth reported at ~40%; Asia underlying net income +23% YoY and Asia CSM reached $7 billion (+12% YoY).
Scale and M&A Progress in Asset Management
Sun Life Asset Management platform at $1.4 trillion AUM; SLC being integrated toward a ~$400 billion global platform after completion of BGO and Crescent acquisitions; launched management equity plan and announced intent to acquire Bell Partners to grow capabilities.
Capital Position and Shareholder Returns
LICAT ratio of 143% following acquisitions; book value per share +2% to $41.10; returned $0.5 billion to shareholders in the quarter; common dividend increased 4% to $0.96 per share and dividend yield ~4.2%; renewed NCIB to repurchase up to 10 million shares.
Canada Wealth and Fee Income Growth
Canada underlying net income of $370 million, +7% YoY; Canada's AUMA reached $261 billion, +12% YoY; other fee income increased from $55 million to $88 million (+60%), representing ~25% of earnings.
U.S. Stop-Loss Momentum
U.S. underlying net income up 6% YoY with medical stop-loss sales +43% YoY; improved morbidity in stop-loss with a favorable experience reported as CAD 8 million in the quarter, supporting pricing and risk-selection strategy.
Operational and Digital Efficiency Gains
Straight-through underwriting for eligible individual life applications increased to 40% (up >50% YoY) and average issuance time fell from 25 to 11 days; expanded AI/digital tools (AI-assisted Talkbot, data-driven underwriting in HK) and >90% of developers using AI to improve delivery speed.
Asset Management Fundraising and Product Flows
Gross and net fundraising activity remained solid: SLAM reported positive gross inflows (led by Crescent private credit and BGO European debt) and 12 new MFS institutional mandates >$100 million; ETFs, fixed income and SMA products had $2 billion net inflows in the quarter.
TSE:SLF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
TSE:SLF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2026 | C$99.53 | C$94.79 | -4.76% |
Feb 11, 2026 | C$87.16 | C$92.67 | +6.32% |
Nov 05, 2025 | C$85.19 | C$81.65 | -4.16% |
Aug 07, 2025 | C$81.88 | C$75.38 | -7.95% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Sun Life Financial (TSE:SLF) report earnings?
Sun Life Financial (TSE:SLF) is schdueled to report earning on Aug 06, 2026, After Close (Confirmed).
What is Sun Life Financial (TSE:SLF) earnings time?
Sun Life Financial (TSE:SLF) earnings time is at Aug 06, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is TSE:SLF EPS forecast?
TSE:SLF EPS forecast for the fiscal quarter 2026 (Q2) is 1.93.
