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Earnings Data
Report Date
Aug 05, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.09Last Year’s EPS
0.95Same Quarter Last Year
Strong Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed solid operating momentum and clear strategic progress: strong new business CSM growth, robust Asia and U.S. sales, core EPS up 11%, improved ROE and healthy capital metrics. At the same time, headline headwinds persist in Global WAM net flows (-$4.4bn), a notable ALDA charge ($242m) and localized Canada group insurance experience. Management articulated constructive remediation plans, one-time items that should normalize, and optimistic run-rate outlooks (GWAM margin targets, remittances, and 18%+ ROE by 2027). On balance the positives around growth, capital strength, and execution materially outweigh the transitory and business-specific challenges.Company Guidance
Strong new business growth and CSM expansion
New business contractual service margin (CSM) grew 16% year-over-year, with each insurance segment achieving double-digit new business CSM growth; overall CSM balance increased 18%, strengthening future earnings potential.
Core EPS and profitability improvement
Core EPS increased 11% year-over-year, in line with the medium-term target; core ROE improved to 16.5%, up 90 basis points from the prior year.
Asia sales and earnings momentum
Asia APE sales rose 11% year-over-year with Hong Kong APE up 18% (record quarterly sales); Asia core earnings increased 22% year-over-year, driven by strong sales in Hong Kong, Japan and Singapore.
U.S. sales strength and product differentiation
U.S. APE sales grew 29% year-over-year driven by demand for accumulation products and expanded distribution (wholesaling team >50% larger year-over-year); product strategy emphasizes adjustable products with increasing CSM generation.
Adjusted book value and capital returns
Adjusted book value per share increased 6% year-over-year to $39.01; returned $1.2 billion of capital to shareholders during the quarter and $5.3 billion over the past year; new buyback program authorized to repurchase up to 2.5% of common shares outstanding.
Strong balance sheet metrics
LICAT ratio at 136%, $25 billion above supervisory target; financial leverage ratio of 22.5%, below the medium-term target of 25%, indicating ample capital flexibility.
Global WAM operating progress and margin expansion
Global WAM reported record gross flows of $56 billion (up 13% sequentially and 15% year-over-year) and expanded core EBITDA margin by 60 basis points year-over-year; Q2 core earnings run rate expected to increase by approximately $25 million.
M&A and strategic partnerships
Completed acquisition of Schroders Indonesia; integration of Comvest contributed to institutional inflows; entered strategic partnership with L&G to extend global asset management & distribution capabilities.
AI and digital productivity gains
Developer productivity improved ~30% this quarter; an AI-powered U.S. retail sales platform drove a 40% increase in meaningful advisor interactions; Quick Quote automation handled nearly half of preliminary assessments, reducing turnaround from days to minutes.
Health and customer partnerships
Launched partnership with Guardant Health to offer Shield Multi-Cancer Detection test in Asia (first insurer in Asia to offer it) and partnered with Osara Health in Canada to provide cancer support programs for eligible group benefits customers.
TSE:MFC 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:MFC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2026 | C$54.12 | C$51.03 | -5.71% |
Feb 11, 2026 | C$50.42 | C$47.77 | -5.25% |
Nov 12, 2025 | C$46.91 | C$46.96 | +0.13% |
Aug 06, 2025 | C$41.37 | C$39.78 | -3.86% |
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 Manulife Financial (TSE:MFC) report earnings?
Manulife Financial (TSE:MFC) is schdueled to report earning on Aug 05, 2026, After Close (Confirmed).
What is Manulife Financial (TSE:MFC) earnings time?
Manulife Financial (TSE:MFC) earnings time is at Aug 05, 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:MFC EPS forecast?
TSE:MFC EPS forecast for the fiscal quarter 2026 (Q2) is 1.09.