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Sun Life Financial
(TSX:SLF)
Sun Life Financial (SLF) vs. iShares MSCI Canada ETF (EWC)
Sun Life Financial Business Overview & Revenue Model
Sun Life Financial Earnings Call Summary
Sun Life Financial Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 46.35B | 36.80B | 30.85B | 23.21B | 35.69B | 43.34B |
| Gross Profit | 46.35B | 36.80B | 32.66B | 23.21B | 35.69B | 43.34B |
| EBITDA | 3.65B | 5.00B | 5.08B | 4.79B | 6.93B | 4.07B |
| Net Income | 3.23B | 3.17B | 3.17B | 3.02B | 4.37B | 2.78B |
Balance Sheet | ||||||
| Total Assets | 372.96B | 370.72B | 333.24B | 330.91B | 345.37B | 323.01B |
| Cash, Cash Equivalents and Short-Term Investments | 26.21B | 27.72B | 27.49B | 11.22B | 12.28B | 13.53B |
| Total Debt | 6.38B | 15.02B | 13.28B | 13.39B | 10.21B | 6.89B |
| Total Liabilities | 346.92B | 344.59B | 309.04B | 301.53B | 317.30B | 297.15B |
| Stockholders Equity | 25.96B | 26.05B | 23.58B | 27.45B | 26.31B | 24.47B |
Cash Flow | ||||||
| Free Cash Flow | 6.90B | 2.39B | 5.44B | 8.00B | -1.94B | 7.09B |
| Operating Cash Flow | 7.03B | 2.53B | 5.61B | 4.31B | -1.86B | 7.25B |
| Investing Cash Flow | -6.19B | -9.46B | -559.00M | -2.86B | -803.00M | -886.00M |
| Financing Cash Flow | -4.51B | -3.27B | -3.09B | -71.00M | -260.00M | -2.31B |
Sun Life Financial Technical Analysis
Sun Life Financial Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | $48.01B | 15.50 | 13.18% | 3.98% | 0.94% | 3.50% | |
67 Neutral | $17.03B | 11.50 | 9.79% | 3.95% | 10.63% | 1.98% | |
| ― | $53.58B | 13.88 | 11.57% | 4.00% | ― | ― | |
77 Outperform | C$51.28B | 22.04 | 13.23% | 1.79% | 5.25% | 15.06% | |
75 Outperform | C$13.17B | 13.16 | 13.43% | 2.47% | -4.55% | 42.41% | |
74 Outperform | C$50.09B | 13.53 | 14.19% | 4.30% | 15.27% | 4.72% | |
71 Outperform | C$36.29B | 13.48 | 11.92% | 5.24% | 7.63% | 8.84% |
Sun Life Financial Corporate Events
Sun Life has announced the appointment of David Healy as the new President of Sun Life U.S., effective September 1, 2025, succeeding Dan Fishbein, who will retire in March 2026. Healy’s extensive experience in technology, operations, and employee benefits aligns with Sun Life’s strategic goals for its U.S. business, and his leadership is expected to drive the next phase of growth and innovation in health-related benefits and services.
The most recent analyst rating on (TSE:SLF) stock is a Buy with a C$88.00 price target. To see the full list of analyst forecasts on Sun Life Financial stock, see the TSE:SLF Stock Forecast page.
Sun Life Financial Inc. announced the declaration of dividends on its common and preferred shares, maintaining the same dividend amount for common shares as the previous quarter. The dividends, payable on September 29, 2025, reflect the company’s stable financial performance and commitment to shareholder returns, reinforcing its strong position in the financial services industry.
The most recent analyst rating on (TSE:SLF) stock is a Buy with a C$88.00 price target. To see the full list of analyst forecasts on Sun Life Financial stock, see the TSE:SLF Stock Forecast page.
Sun Life Financial Inc. reported a 2% increase in underlying net income for Q2 2025, driven by strong performance in Asia, particularly in the protection business and bancassurance sales. The company also highlighted its strategic focus on digital initiatives and maintaining a strong capital position, with a LICAT ratio of 151%, which supports its growth and value creation for stakeholders.
The most recent analyst rating on (TSE:SLF) stock is a Buy with a C$88.00 price target. To see the full list of analyst forecasts on Sun Life Financial stock, see the TSE:SLF Stock Forecast page.
Sun Life Financial Inc. announced the conversion results of its Class A Non-cumulative Rate Reset Preferred Shares Series 8R and Class A Non-cumulative Floating Rate Preferred Shares Series 9QR. Following the conversion, Sun Life will have 8,880,847 Series 8R Shares and 2,319,153 Series 9QR Shares outstanding. The shares are listed on the Toronto Stock Exchange and may be redeemed by Sun Life under certain conditions. This conversion and redemption option provides flexibility in managing its capital structure, potentially impacting its financial strategy and shareholder value.
The most recent analyst rating on (TSE:SLF) stock is a Buy with a C$88.00 price target. To see the full list of analyst forecasts on Sun Life Financial stock, see the TSE:SLF Stock Forecast page.
Sun Life Financial Inc. announced the dividend rates for its Class A Non-Cumulative Rate Reset Preferred Shares Series 8R and Class A Non-Cumulative Floating Rate Preferred Shares Series 9QR. The Series 8R Shares will have a fixed dividend rate of 4.230% per annum for the next five years, while the Series 9QR Shares will have a floating rate starting at 4.054% per annum for the period ending September 30, 2025. This announcement impacts shareholders who need to decide on conversion options by June 16, 2025, and highlights Sun Life’s ongoing commitment to providing returns to its investors.
The most recent analyst rating on (TSE:SLF) stock is a Buy with a C$88.00 price target. To see the full list of analyst forecasts on Sun Life Financial stock, see the TSE:SLF Stock Forecast page.
Sun Life Financial Inc. announced that it will not redeem its outstanding Class A Non-Cumulative Rate Reset Preferred Shares Series 8R and Class A Non-Cumulative Floating Rate Preferred Shares Series 9QR on June 30, 2025. Shareholders have the option to convert these shares on a one-for-one basis, subject to certain conditions. This decision allows flexibility for shareholders and reflects Sun Life’s strategic management of its financial offerings, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (TSE:SLF) stock is a Buy with a C$88.00 price target. To see the full list of analyst forecasts on Sun Life Financial stock, see the TSE:SLF Stock Forecast page.
Sun Life Financial Inc. announced the election of 12 directors at its annual meeting of common shareholders. The nominees, listed in the management information circular, received overwhelming support, with most securing over 99% of votes in favor. This election reinforces Sun Life’s governance structure as it continues to strengthen its position in the financial services industry.
Sun Life Financial Inc. has announced its intention to renew its normal course issuer bid (NCIB), subject to regulatory approvals. The new 2025 NCIB will allow the company to repurchase up to 10 million additional common shares, providing flexibility in capital management and returning value to shareholders. This move reflects Sun Life’s strategic approach to managing its capital and enhancing shareholder value.
Sun Life Financial Inc. announced an increase in its common share dividend to $0.88 per share, payable on June 30, 2025, marking a 4 cent rise from the previous quarter. The company also declared dividends on its Class A Non-Cumulative Preferred Shares, with various series receiving specific amounts. These dividends are part of Sun Life’s broader strategy to provide consistent returns to its shareholders and reinforce its strong market position.
Sun Life Financial Inc. reported a strong first quarter in 2025, with an underlying net income of $1,045 million, marking a 19% increase from the previous year. The reported net income rose by 13% to $928 million, and assets under management increased by 6% to $1,551 billion. The company also announced a dividend increase and plans for continued share buybacks, highlighting its robust financial position and strategic advancements in digital tools and capital raising.