Manulife Financial earns $1.6 billion in fourth quarter
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Hey there, time traveller!
This article was published 19/02/2025 (200 days ago), so information in it may no longer be current.
TORONTO – Manulife Financial Corp. says its earnings dipped slightly in the fourth quarter but rose overall in 2024.
The company’s net income attributable to shareholders was $1.6 billion in the fourth quarter, down three per cent from $1.7 billion a year earlier.
Core earnings were $1.9 billion, up six per cent from $1.8 billion.
Earnings per share were 88 cents, up from 86 cents during the same quarter last year.
Manulife announced a 10 per cent increase in its common share dividend as it released its results for the quarter and the year.
Net income for the full year came in at $5.4 billion, up five per cent from $5.1 billion in 2023.
This report by The Canadian Press was first published Feb. 19, 2025.
Companies in this story: (TSX:MFC)