(RTTNews) - Manulife Financial Corporation (MFC) on Wednesday reported first-quarter results with profit rising sharply from last year.
Net income attributed to shareholders jumped to $1.15 billion in the first quarter of 2026 from $485 million in the same period last year. Earnings per share increased to $0.65 from $0.25.
Core earnings rose to $1.84 billion from $1.77 billion, while core earnings per share improved to $1.06 from $0.99.
Annual premium equivalent sales increased to $2.82 billion from $2.69 billion.
MFC is currently trading after hours at $38.87, down $0.98 or 2.46 percent on the New York Stock Exchange.
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