← MANULIFE FINANCIAL CORP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $53.3b | $58.3b | $39.0b | $79.6b | $78.9b | $61.8b | $17.1b | $6.7b | $7.6b | $8.1b | |
| Additional Financial Items | |||||||||||
| Applicable Tax Rate | $0 | $0 | $0 | — | — | — | — | — | — | — | |
| Average Effective Tax Rate | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Impairment Loss Recognised In Profit Or Loss Goodwill | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Profit Loss Attributable To Noncontrolling Interests | $143.0m | $194.0m | $214.0m | $233.0m | $250.0m | $255.0m | ($1.0m) | $144.0m | $247.0m | $278.0m | |
| Profit Loss Attributable To Owners Of Parent | $2.9b | $2.1b | $4.8b | $5.6b | $5.9b | $7.1b | $7.3b | $5.1b | $5.4b | $5.6b | |
| Profit Loss Before Tax | $3.3b | $2.5b | $5.5b | $6.2b | $6.8b | $8.1b | $8.7b | $6.5b | $7.1b | $7.1b | |
| Insurance revenue (note 6) | — | — | — | — | — | — | $23.1b | $24.0b | $26.6b | $28.9b | |
| Investment income | $13.4b | $13.6b | $13.6b | $15.4b | $16.4b | $15.6b | $15.2b | $16.2b | $18.2b | $19.0b | |
| Realized and unrealized gains (losses) on assets supporting insurance and investment contract liabilities | $1.1b | $5.7b | ($9.0b) | $18.2b | $19.0b | ($4.0b) | ($45.1b) | $3.1b | $2.2b | $6.3b | |
| Net investment income (loss) | $14.5b | $19.4b | $4.5b | $33.6b | $35.4b | $11.6b | ($29.9b) | $18.0b | $19.1b | $23.9b | |
| Decrease (increase) in investment contract liabilities (note 6) | — | — | — | — | — | — | ($399.0m) | ($435.0m) | ($504.0m) | ($551.0m) | |
| Investment result excluding segregated investment funds | — | — | — | — | — | — | ($6.4b) | $3.0b | $3.5b | $2.4b | |
| Investment income related to segregated funds net assets | — | — | — | — | — | — | ($56.5b) | $49.3b | $52.9b | $57.9b | |
| Financial changes related to insurance and investment contract liabilities for account of segregated fund holders | — | — | — | — | — | — | $56.5b | ($49.3b) | ($52.9b) | ($57.9b) | |
| Net segregated funds investment result | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other revenue (note 13) | $11.2b | $10.7b | $10.4b | $10.4b | $10.6b | $11.1b | $9.2b | $6.7b | $7.6b | $8.1b | |
| Commissions related to non-insurance contracts | $5.8b | $6.1b | $6.2b | $6.3b | $6.0b | $6.6b | $6.3b | ($1.3b) | ($1.5b) | ($1.5b) | |
| Non-controlling interests | $143.0m | $194.0m | $214.0m | $233.0m | $250.0m | $255.0m | ($1.0m) | $144.0m | $247.0m | $278.0m | |
| Participating policyholders | $61.0m | ($36.0m) | ($127.0m) | ($333.0m) | ($545.0m) | ($448.0m) | ($111.0m) | $360.0m | $246.0m | $210.0m | |
| Shareholders and other equity holders | $2.9b | $2.1b | $4.8b | $5.6b | $5.9b | $7.1b | $7.3b | $5.1b | $5.4b | $5.6b | |
| Preferred share dividends and other equity distributions | — | — | — | — | ($171) | ($215) | ($260) | ($303) | ($311) | ($321) | |
| Total insurance service result | — | — | — | — | — | — | $3.2b | $4.0b | $4.0b | $4.5b | |
| Total investment result | — | — | — | — | — | — | ($6.4b) | $3.0b | $3.5b | $2.4b | |
| Net income (loss) before income taxes | $3.3b | $2.5b | $5.5b | $6.2b | $6.8b | $8.1b | $8.7b | $6.5b | $7.1b | $7.1b | |
| Net income (loss) | $2.8b | $1.9b | $4.6b | $5.4b | $5.7b | $6.9b | $7.0b | $4.8b | $5.1b | $5.3b | |
| Basic Earnings (Loss) Per Share | $1.42 | $0.98 | $2.34 | $2.77 | $2.94 | $3.55 | $3.68 | $2.62 | $2.85 | $3.08 | |
| Diluted Earnings (Loss) Per Share | $1.41 | $0.98 | $2.33 | $2.77 | $2.93 | $3.54 | $3.68 | $2.61 | $2.84 | $3.07 | |
| Selling, General and Administrative Expense | $7.0b | $7.2b | $8.0b | $7.7b | $7.5b | $7.8b | $7.8b | $4.3b | $4.9b | $4.9b | |
| Current Tax Expense (Income) | $659.0m | $608.0m | ($327.0m) | $1.2b | $998.0m | $1.4b | $1.1b | $568.0m | $655.0m | $773.0m | |
| Deferred Tax Expense (Income) Recognised In Profit Or Loss | $235.0m | $331.0m | ($930.0m) | ($454.0m) | $280.0m | ($127.0m) | $731.0m | $470.0m | $311.0m | ($6.0m) | |
| Expense From Share-Based Payment Transactions With Employees | $19.0m | $16.0m | $9.0m | $11.0m | $14.0m | $9.0m | $5.0m | $2.0m | — | — | |
| Insurance service expenses (note 6) | — | — | — | — | — | — | ($19.3b) | ($19.4b) | ($21.8b) | ($23.1b) | |
| Net expenses from reinsurance contracts held (note 6) | — | — | — | — | — | — | ($623.0m) | ($613.0m) | ($769.0m) | ($1.3b) | |
| Investment expenses | $1.6b | $1.7b | $1.7b | $1.7b | $1.8b | $2.0b | $1.9b | ($1.3b) | ($1.3b) | ($1.3b) | |
| Insurance finance income (expenses) and effect of movement in foreign exchange rates (note 6) | — | — | — | — | — | — | ($6.6b) | ($13.9b) | ($16.2b) | ($22.7b) | |
| Reinsurance finance income (expenses) and effect of movement in foreign exchange rates (note 6) | — | — | — | — | — | — | $309.0m | ($734.0m) | $1.1b | $1.7b | |
| General expenses | $7.0b | $7.2b | $8.0b | $7.7b | $7.5b | $7.8b | $7.8b | ($4.3b) | ($4.9b) | ($4.9b) | |
| Interest Expense | $1.0b | $1.1b | $1.3b | $1.3b | $1.2b | $1.0b | $1.4b | $1.6b | $1.7b | $1.5b | |
| Interest expenses | $1.0b | $1.1b | $1.3b | $1.3b | $1.2b | $1.0b | $1.4b | ($1.6b) | ($1.7b) | ($1.5b) | |
| Income Tax Expense Continuing Operations | $196.0m | $239.0m | $632.0m | $718.0m | $1.2b | $1.2b | $1.6b | $845.0m | $1.2b | $1.0b | |
| Income tax (expenses) recoveries | ($196.0m) | ($239.0m) | ($632.0m) | ($718.0m) | ($1.2b) | ($1.2b) | ($1.6b) | ($845.0m) | ($1.2b) | ($1.0b) |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.