Financials Manulife Financial Corporation

Equities

Market Closed - Toronto S.E. Other stock markets 04:00:00 2024-12-06 pm EST			5-day change	1st Jan Change
45.81 ^CAD	+0.26%		+1.64%	+56.45%

Dec. 06	Manulife Financial Corporation Announces Retirement of Vanessa Kanu as Director	CI
Dec. 05	Manulife Brief: Announcing results of Conversion Privilege of Non-cumulative Rate Reset Class 1 Shares Series 17	MT

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	79,570	78,908	61,821	17,147	48,739	68,771	71,783	75,144
Change	-	-0.83%	-21.65%	-72.26%	184.24%	41.1%	4.38%	4.68%
EBITDA	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
EBIT ¹	5,541	6,056	9,553	10,541	8,006	6,743	7,229	-
Change	-	9.29%	57.74%	10.34%	-24.05%	-15.78%	7.21%	-100%
Interest Paid ¹	-1,319	-1,181	-1,011	-1,350	-1,554	-1,513	-1,684	-1,829
Earnings before Tax (EBT) ¹	6,408	6,771	8,125	8,747	6,452	7,488	8,788	9,438
Change	-	5.66%	20%	7.66%	-26.24%	16.06%	17.37%	7.39%
Net income ¹	5,430	5,700	6,890	7,294	5,103	5,149	6,881	7,369
Change	-	4.97%	20.88%	5.86%	-30.04%	0.9%	33.64%	7.1%
Announcement Date	2/12/20	2/10/21	2/9/22	2/15/23	2/14/24	-	-	-

¹CAD in Million

Estimates

Fiscal Period: December	2019 Q4	2020 Q1	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3
Net sales	-	-	-	-	-	38,112	-	-	-	-	-	-	-	-	1,722	1,783	14,917	12,798	-	-	-	6,701	6,642	7,196	7,183	7,284	7,243	7,833
Change	-	-	-	-	-	-	-100%	-	-	-	-	-	-	-	-	3.54%	736.62%	-14.21%	-100%	-	-	-	-0.88%	8.34%	-0.18%	1.41%	-0.56%	8.15%
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EBIT	1,111	-	508	2,154	1,720	1,224	3,656	1,849	2,824	-	1,680	-	2,671	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-100%	-	324.02%	-20.15%	-28.84%	198.69%	-49.43%	52.73%	-100%	-	-100%	-	-100%	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Charge d'intérêts ¹	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-424	-426	-411	-395	-389	-396	-402	-404	-398	-404	-411
Earnings before Tax (EBT)	1,327	1,890	832	2,170	2,065	872	3,292	1,480	2,481	3,711	1,257	1,637	2,142	1,719	1,436	1,174	2,123	2,244	1,384	-	-	1,417	1,565	1,704	1,833	1,674	1,756	1,883
Change	-	42.43%	-55.98%	160.82%	-4.84%	-57.77%	277.52%	-55.04%	67.64%	49.58%	-66.13%	30.23%	30.85%	-19.75%	-16.46%	-18.25%	80.83%	5.7%	-38.32%	-100%	-	-	10.44%	8.88%	7.57%	-8.67%	4.9%	7.23%
Net income ¹	1,185	1,253	684	2,026	1,780	740	2,582	1,555	2,013	2,918	1,026	1,347	1,891	1,406	1,025	1,013	1,659	866	1,042	1,839	1,682	1,056	1,172	1,274	1,369	1,251	1,313	1,408
Change	-	5.74%	-45.41%	196.2%	-12.14%	-58.43%	248.92%	-39.78%	29.45%	44.96%	-64.84%	31.29%	40.39%	-25.65%	-27.1%	-1.17%	63.77%	-47.8%	20.32%	76.49%	-8.56%	-37.2%	10.98%	8.7%	7.46%	-8.62%	4.96%	7.24%
Announcement Date	2/12/20	5/6/20	8/5/20	11/11/20	2/10/21	5/5/21	8/4/21	11/3/21	2/9/22	5/11/22	8/10/22	11/9/22	2/15/23	5/10/23	8/9/23	11/8/23	2/14/24	5/8/24	8/7/24	11/6/24	-	-	-	-	-	-	-	-

¹CAD in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-20,300	-12,174	-	-12,919	-7,600	-	-	-
Change	-	-159.97%	-	-	-158.83%	-	-	-
Announcement Date	2/12/20	2/10/21	2/9/22	2/15/23	2/14/24	-	-	-

Estimates

Fiscal Period: December	2018	2020	2022	2023
CAPEX ¹	-	-	-	-
Change	-	-	-	-
Free Cash Flow (FCF) ¹	8,394	8,945	27,917	23,944
Change	-	-	-	-14.23%
Announcement Date	2/13/19	2/10/21	2/16/23	2/14/24

¹CAD in Million

Estimates

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	-	-	-	-	-	-	-	-	-
EBIT Margin (%)	-	6.96%	7.67%	15.45%	61.47%	16.43%	9.81%	10.07%	-
EBT Margin (%)	-	8.05%	8.58%	13.14%	51.01%	13.24%	10.89%	12.24%	12.56%
Net margin (%)	-	6.82%	7.22%	11.15%	42.54%	10.47%	7.49%	9.59%	9.81%
FCF margin (%)	-	-	-	-	-	-	-	-	-
FCF / Net Income (%)	-	-	-	-	-	-	-	-	-
Profitability
ROA	-	0.75%	0.63%	0.7%	0.67%	0.78%	1%	0.95%	1.3%
ROE	-	13.1%	10.9%	13%	11.9%	15.9%	15.96%	15.82%	15.72%
Financial Health
Leverage (Debt/EBITDA)	0.42x	0.02x	0.1x	-	0.54x	0.23x	-	-	-
Debt / Free cash flow	0.37x	-	0.09x	-	0.2x	0.08x	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	-	-	-	-	-	-	-	-
CAPEX / EBITDA (%)	-	-	-	-	-	-	-	-	-
CAPEX / FCF (%)	-	-	-	-	-	-	-	-	-
Items per share
Cash flow per share ¹	-	-	10.32	-	9.509	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Dividend per Share ¹	-	1	1.12	1.12	1.32	1.46	1.616	1.736	1.833
Change	-	-	12%	0%	17.86%	10.61%	10.7%	7.41%	5.6%
Book Value Per Share ¹	-	23.25	25	26.78	26.49	22.36	24.83	26.9	29.09
Change	-	-	7.53%	7.12%	-1.08%	-15.59%	11.04%	8.35%	8.12%
EPS ¹	-	2.77	2.93	3.54	3.68	2.61	2.907	4.086	4.4
Change	-	-	5.78%	20.82%	3.95%	-29.08%	11.38%	40.56%	7.68%
Nbr of stocks (in thousands)	-	1,949,212	1,940,249	1,942,637	1,874,847	1,806,039	1,751,879	1,751,879	1,751,879
Announcement Date	-	2/12/20	2/10/21	2/9/22	2/15/23	2/14/24	-	-	-