Manulife Financial Corp
MFC: XTSE (CAN)
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Manulife Earnings: Growth Momentum in Asia Remains Solid as Profits Are Buoyed by Asset Valuations
Manulife reported a good set of numbers in the third quarter as core earnings came in at CAD 1.82 billion, or CAD 1.00 per share, up 7% compared with CAD 1.74 billion or CAD 0.92 per share in the third quarter of the previous year. The results equated to an annualized core return on equity of 16.6%.
