Quarterly ResultMay 13, 2026, 05:12 PM
Manulife Q1 Core EPS $1.06, Net Income $1.1B; Dividend $0.485
AI Summary
Manulife Financial Corporation reported strong first-quarter 2026 results, with core EPS increasing 11% to $1.06 and net income attributed to shareholders rising 149% to $1.1 billion. The company also declared a quarterly common share dividend of $0.485 per share. Strategic initiatives included the acquisition of Schroders Indonesia, a partnership with L&G, and significant advancements in AI deployment across its global operations, though Global WAM saw substantial net outflows.
Key Highlights
- Core EPS increased 11% to $1.06 (CER basis) compared to Q1 2025.
- Net income attributed to shareholders rose 149% to $1.1 billion from $0.485 billion in Q1 2025.
- Core earnings grew 8% to $1.8 billion (CER basis) year-over-year.
- Board declared a quarterly common share dividend of $0.485 per share.
- APE sales increased 7%, and new business CSM grew 16% (CER basis) from Q1 2025.
- Asia core earnings increased 22% and new business value grew 15%.
- Global WAM experienced net outflows of $4.4 billion, compared to $0.5 billion net inflows in Q1 2025.
- Completed the acquisition of PT Schroder Investment Management Indonesia with $3.5 billion AUM.