Manulife Financial Corp
MFC: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| !jT | LOCK|Ch | LOCK|j?^fbLQ |
Manulife Earnings: Continued Strong Growth From Asia in Investment Management
Manulife reported solid third-quarter earnings, with adjusted net income coming in at CAD 2.04 billion or CAD 1.16 per share, up 16% year over year. The results translate into an adjusted return on equity of 18.1%, which is in line with management's target of over 18%.
