Home / MFC.TO : TSX

AI Analysis Fundamentals Valuation Video Analysis Similar

AI Analysis

How does MFC.TO make money? Does MFC.TO have pricing power? What's the Earnings Whisper? Will MFC.TO profit more as the business scales? What is MFC.TO's management track record? Is MFC.TO's current price justified?

Manulife Financial Corporation

CAD 60.28 +$10.48 (+21.04%)

TSX · 11 Sep 2026 20:00 UTC

Previous Close

CAD 60.14

Day Range

CAD 59.66CAD 61.03

Year Range

CAD 42.53CAD 63.58

Market Cap

100.6B

AVG Volume

6.11M

Trailing/Forward PE

16.25/11.91

PEG ratio

1.31

Dividend Yield

3.14%

Next Earnings Date

2026-11-04

Primary Exchange

Toronto Stock Exchange

Revenue (CAD)

MFC.TO Revenue (CAD) by quarter
Period	Revenue (CAD)
26 Q2	19.71B
26 Q1	12.28B
25 Q4	8.6B
25 Q3	17.31B
25 Q2	15.42B
25 Q1	11.68B
24 Q4	5.76B
24 Q3	14.61B
24 Q2	12.67B
24 Q1	12.55B

Net Income (CAD)

MFC.TO Net Income (CAD) by quarter
Period	Net Income (CAD)
26 Q2	2.18B
26 Q1	1.19B
25 Q4	1.56B
25 Q3	1.79B
25 Q2	1.87B
25 Q1	557M
24 Q4	1.69B
24 Q3	1.94B
24 Q2	1.09B
24 Q1	917M

Operating Income (CAD)

MFC.TO Operating Income (CAD) by quarter
Period	Operating Income (CAD)
26 Q2	2.77B
26 Q1	1.47B
25 Q4	1.91B
25 Q3	2.23B
25 Q2	2.62B
25 Q1	699M
24 Q4	2.11B
24 Q3	2.34B
24 Q2	1.38B
24 Q1	1.25B

EBITDA (CAD)

MFC.TO EBITDA (CAD) by quarter
Period	EBITDA (CAD)
26 Q2	2.56B
26 Q1	2.1B
25 Q4	1.8B
25 Q3	2.13B
25 Q2	2.21B
25 Q1	650M
24 Q4	2.34B
24 Q3	2.31B
24 Q2	1.39B
24 Q1	1.23B

Cash Flows (CAD)

MFC.TO Cash Flows (CAD) by quarter
Period	Cash Flows (CAD)
26 Q2	9.08B
26 Q1	3.54B
25 Q4	8.61B
25 Q3	9.54B
25 Q2	7.28B
25 Q1	6.69B
24 Q4	7.13B
24 Q3	7.52B
24 Q2	7.27B
24 Q1	4.58B

EPS (CAD)

MFC.TO EPS (CAD) by quarter
Period	EPS (CAD)
26 Q2	1.2
26 Q1	0.65
25 Q4	0.83
25 Q3	1.02
25 Q2	0.98
25 Q1	0.25
24 Q4	0.88
24 Q3	1
24 Q2	0.52
24 Q1	0.45

Expenses (CAD)

MFC.TO Expenses (CAD) by quarter
Period	Expenses (CAD)
26 Q2	1.25B
26 Q1	0
25 Q4	1.33B
25 Q3	1.23B
25 Q2	1.14B
25 Q1	1.2B
24 Q4	1.33B
24 Q3	1.2B
24 Q2	1.23B
24 Q1	1.1B

Cash & Debt (CAD)

MFC.TO Cash & Debt (CAD) by quarter
Period	Cash & Debt (CAD)
26 Q2	37.92B
26 Q1	14.53B
25 Q4	36.33B
25 Q3	25.83B
25 Q2	23.77B
25 Q1	25.36B
24 Q4	25.79B
24 Q3	22.88B
24 Q2	22.1B
24 Q1	21.48B

Debt ratios

MFC.TO Debt ratios by quarter
Period	Debt ratios
26 Q2	-2.77
26 Q1	-0.13
25 Q4	-3.19
25 Q3	-1.69
25 Q2	-1.4
25 Q1	-1.67
24 Q4	-1.6
24 Q3	-1.38
24 Q2	-1.36
24 Q1	-1.33

Margins

MFC.TO Margins by quarter
Period	Margins
26 Q2	22.37%
26 Q1	52.04%
25 Q4	76.01%
25 Q3	22.24%
25 Q2	29.06%
25 Q1	22.81%
24 Q4	73.85%
24 Q3	29.62%
24 Q2	26.83%
24 Q1	24.97%

Return on Capital

MFC.TO Return on Capital by quarter
Period	Return on Capital
26 Q2	3.97%
26 Q1	2.25%
25 Q4	2.98%
25 Q3	3.38%
25 Q2	3.66%
25 Q1	1.05%
24 Q4	3.18%
24 Q3	3.75%
24 Q2	2.15%
24 Q1	1.85%

Shares Outstanding

MFC.TO Shares Outstanding by quarter
Period	Shares Outstanding
26 Q2	1.67B
26 Q1	1.68B
25 Q4	1.68B
25 Q3	1.7B
25 Q2	1.71B
25 Q1	1.72B
24 Q4	1.75B
24 Q3	1.77B
24 Q2	1.79B
24 Q1	1.8B

Dividends (CAD)

MFC.TO Dividends (CAD) by quarter
Period	Dividends (CAD)
Aug 26	0.48
May 26	0.48
Feb 26	0.48
Nov 25	0.44
Aug 25	0.44
May 25	0.44
Mar 25	0.44
Nov 24	0.4
Aug 24	0.4
May 24	0.4

Book Value Per Share (CAD)

MFC.TO Book Value Per Share (CAD) by quarter
Period	Book Value Per Share (CAD)
26 Q2	32.95
26 Q1	31.66
25 Q4	31.17
25 Q3	31.24
25 Q2	29.97
25 Q1	30.86
24 Q4	30.25
24 Q3	29.11
24 Q2	28.31
24 Q1	27.47

Total Assets (CAD)

MFC.TO Total Assets (CAD) by quarter
Period	Total Assets (CAD)
26 Q2	1.09T
26 Q1	1.03T
25 Q4	1.03T
25 Q3	1.03T
25 Q2	977.47B
25 Q1	981.42B
24 Q4	978.82B
24 Q3	952.63B
24 Q2	915.27B
24 Q1	907.22B

PE Ratio

MFC.TO PE Ratio by quarter
Period	PE Ratio
Sep 26	15.74
Sep 26	16.02
Aug 26	15.55
Aug 26	15.31
Aug 26	16.12
Aug 26	16.13
Jul 26	16.26
Jul 26	16.08
Jul 26	15.86
Jul 26	15.28
Jul 26	15.36
Jun 26	16.66
Jun 26	16.61
Jun 26	16.4
Jun 26	15.73
May 26	15.36
May 26	15.51
May 26	15.06
May 26	15.94
May 26	15.49
Apr 26	15.41
Apr 26	15.49
Apr 26	14.73
Apr 26	14.15
Mar 26	13.42
Mar 26	13.34
Mar 26	13.18
Mar 26	13.13
Feb 26	13.95
Feb 26	14.41
Feb 26	14.38
Feb 26	14.93
Jan 26	14.9
Jan 26	14.55
Jan 26	14.95
Jan 26	14.94
Jan 26	14.3
Dec 25	14.4
Dec 25	14.34
Dec 25	14.03
Dec 25	14.02
Nov 25	14.21
Nov 25	13.98
Nov 25	13.86
Nov 25	13.24
Oct 25	12.82
Oct 25	12.9
Oct 25	12.53
Oct 25	12.55
Oct 25	12.59
Sep 25	14.02
Sep 25	14.24
Sep 25	14.43
Sep 25	13.89
Aug 25	13.81
Aug 25	13.89
Aug 25	13.73
Aug 25	13.54
Aug 25	13.74
Jul 25	14.02
Jul 25	13.82
Jul 25	13.63
Jul 25	13.99
Jun 25	13.63
Jun 25	13.1
Jun 25	13.17
Jun 25	13.81
May 25	13.59
May 25	13.32
May 25	13.92
May 25	13.33
May 25	13.55
Apr 25	13.04
Apr 25	12.33
Apr 25	12.11
Apr 25	12.28
Mar 25	13.69
Mar 25	13.58
Mar 25	13.16
Mar 25	13.08
Feb 25	14
Feb 25	13.41
Feb 25	13.08
Feb 25	13.38
Jan 25	13.51
Jan 25	13.62
Jan 25	13.76
Jan 25	13.36
Jan 25	13.77
Dec 24	15.97
Dec 24	15.7
Dec 24	15.89
Dec 24	16.52
Nov 24	16.25
Nov 24	16.36
Nov 24	16.61
Nov 24	15.95
Nov 24	14.83
Oct 24	14.93
Oct 24	15.18

Free Cash Flow Yield

MFC.TO Free Cash Flow Yield by quarter
Period	Free Cash Flow Yield
Sep 26	28.66%
Sep 26	28.16%
Aug 26	29%
Aug 26	29.47%
Aug 26	27.98%
Aug 26	27.96%
Jul 26	27.75%
Jul 26	28.06%
Jul 26	28.44%
Jul 26	29.52%
Jul 26	29.36%
Jun 26	33.34%
Jun 26	33.43%
Jun 26	33.85%
Jun 26	35.31%
May 26	36.16%
May 26	35.8%
May 26	36.86%
May 26	34.84%
May 26	35.84%
Apr 26	36.03%
Apr 26	35.84%
Apr 26	37.71%
Apr 26	39.25%
Mar 26	38.64%
Mar 26	38.88%
Mar 26	39.34%
Mar 26	39.49%
Feb 26	37.18%
Feb 26	36%
Feb 26	36.07%
Feb 26	34.75%
Jan 26	34.81%
Jan 26	35.65%
Jan 26	34.7%
Jan 26	34.73%
Jan 26	36.26%
Dec 25	36.03%
Dec 25	36.17%
Dec 25	36.97%
Dec 25	36.98%
Nov 25	36.5%
Nov 25	37.11%
Nov 25	37.42%
Nov 25	35.71%
Oct 25	36.86%
Oct 25	36.63%
Oct 25	37.73%
Oct 25	37.67%
Oct 25	37.54%
Sep 25	38.71%
Sep 25	38.11%
Sep 25	37.61%
Sep 25	39.08%
Aug 25	39.3%
Aug 25	39.07%
Aug 25	39.53%
Aug 25	40.09%
Aug 25	39.51%
Jul 25	38.7%
Jul 25	39.26%
Jul 25	39.8%
Jul 25	38.8%
Jun 25	34.52%
Jun 25	35.91%
Jun 25	35.74%
Jun 25	34.06%
May 25	34.62%
May 25	35.33%
May 25	33.8%
May 25	35.29%
May 25	34.73%
Apr 25	36.09%
Apr 25	38.16%
Apr 25	38.85%
Apr 25	38.31%
Mar 25	32.67%
Mar 25	32.95%
Mar 25	34%
Mar 25	34.2%
Feb 25	31.94%
Feb 25	33.35%
Feb 25	34.21%
Feb 25	33.43%
Jan 25	33.12%
Jan 25	32.85%
Jan 25	32.52%
Jan 25	33.48%
Jan 25	32.49%
Dec 24	29.62%
Dec 24	30.14%
Dec 24	29.77%
Dec 24	28.64%
Nov 24	29.11%
Nov 24	28.92%
Nov 24	28.49%
Nov 24	29.65%
Nov 24	31.9%
Oct 24	31.68%
Oct 24	31.16%

Price to Sales

MFC.TO Price to Sales by quarter
Period	Price to Sales
Sep 26	1.88
Sep 26	1.92
Aug 26	1.86
Aug 26	1.83
Aug 26	1.93
Aug 26	1.93
Jul 26	1.95
Jul 26	1.92
Jul 26	1.9
Jul 26	1.83
Jul 26	1.84
Jun 26	1.82
Jun 26	1.81
Jun 26	1.79
Jun 26	1.72
May 26	1.67
May 26	1.69
May 26	1.64
May 26	1.74
May 26	1.69
Apr 26	1.68
Apr 26	1.69
Apr 26	1.61
Apr 26	1.54
Mar 26	1.58
Mar 26	1.57
Mar 26	1.55
Mar 26	1.55
Feb 26	1.64
Feb 26	1.7
Feb 26	1.69
Feb 26	1.76
Jan 26	1.75
Jan 26	1.71
Jan 26	1.76
Jan 26	1.76
Jan 26	1.68
Dec 25	1.69
Dec 25	1.69
Dec 25	1.65
Dec 25	1.65
Nov 25	1.67
Nov 25	1.65
Nov 25	1.63
Nov 25	1.69
Oct 25	1.64
Oct 25	1.65
Oct 25	1.6
Oct 25	1.6
Oct 25	1.61
Sep 25	1.65
Sep 25	1.68
Sep 25	1.7
Sep 25	1.64
Aug 25	1.63
Aug 25	1.64
Aug 25	1.62
Aug 25	1.6
Aug 25	1.62
Jul 25	1.65
Jul 25	1.63
Jul 25	1.61
Jul 25	1.65
Jun 25	1.68
Jun 25	1.62
Jun 25	1.63
Jun 25	1.71
May 25	1.68
May 25	1.65
May 25	1.72
May 25	1.65
May 25	1.67
Apr 25	1.61
Apr 25	1.52
Apr 25	1.5
Apr 25	1.52
Mar 25	1.61
Mar 25	1.6
Mar 25	1.55
Mar 25	1.54
Feb 25	1.65
Feb 25	1.58
Feb 25	1.54
Feb 25	1.57
Jan 25	1.59
Jan 25	1.6
Jan 25	1.62
Jan 25	1.57
Jan 25	1.62
Dec 24	1.85
Dec 24	1.82
Dec 24	1.84
Dec 24	1.91
Nov 24	1.88
Nov 24	1.89
Nov 24	1.92
Nov 24	1.85
Nov 24	1.72
Oct 24	1.73
Oct 24	1.76

EV/EBITDA

MFC.TO EV/EBITDA by quarter
Period	EV/EBITDA
Sep 26	12.12
Sep 26	12.33
Aug 26	11.97
Aug 26	11.78
Aug 26	12.41
Aug 26	12.42
Jul 26	12.52
Jul 26	12.38
Jul 26	12.21
Jul 26	11.76
Jul 26	11.82
Jun 26	10.99
Jun 26	10.95
Jun 26	10.77
Jun 26	10.2
May 26	9.88
May 26	10.01
May 26	9.63
May 26	10.37
May 26	10
Apr 26	9.93
Apr 26	10
Apr 26	9.34
Apr 26	8.85
Mar 26	9.12
Mar 26	9.06
Mar 26	8.93
Mar 26	8.89
Feb 26	9.55
Feb 26	9.92
Feb 26	9.89
Feb 26	10.33
Jan 26	10.31
Jan 26	10.03
Jan 26	10.35
Jan 26	10.34
Jan 26	9.83
Dec 25	9.91
Dec 25	9.86
Dec 25	9.61
Dec 25	9.61
Nov 25	9.76
Nov 25	9.57
Nov 25	9.48
Nov 25	9.28
Oct 25	8.95
Oct 25	9.01
Oct 25	8.71
Oct 25	8.72
Oct 25	8.76
Sep 25	9.38
Sep 25	9.56
Sep 25	9.71
Sep 25	9.28
Aug 25	9.22
Aug 25	9.28
Aug 25	9.15
Aug 25	9
Aug 25	9.16
Jul 25	9.39
Jul 25	9.23
Jul 25	9.08
Jul 25	9.36
Jun 25	8.96
Jun 25	8.55
Jun 25	8.61
Jun 25	9.11
May 25	8.93
May 25	8.72
May 25	9.19
May 25	8.74
May 25	8.9
Apr 25	8.51
Apr 25	7.96
Apr 25	7.79
Apr 25	7.92
Mar 25	9.79
Mar 25	9.69
Mar 25	9.35
Mar 25	9.29
Feb 25	10.04
Feb 25	9.56
Feb 25	9.29
Feb 25	9.54
Jan 25	9.64
Jan 25	9.73
Jan 25	9.84
Jan 25	9.52
Jan 25	9.85
Dec 24	11.99
Dec 24	11.77
Dec 24	11.93
Dec 24	12.45
Nov 24	12.23
Nov 24	12.32
Nov 24	12.53
Nov 24	11.98
Nov 24	11.04
Oct 24	11.13
Oct 24	11.33

Price/Operating Cashflow

MFC.TO Price/Operating Cashflow by quarter
Period	Price/Operating Cashflow
Sep 26	3.49
Sep 26	3.55
Aug 26	3.45
Aug 26	3.39
Aug 26	3.57
Aug 26	3.58
Jul 26	3.6
Jul 26	3.56
Jul 26	3.52
Jul 26	3.39
Jul 26	3.41
Jun 26	3
Jun 26	2.99
Jun 26	2.95
Jun 26	2.83
May 26	2.77
May 26	2.79
May 26	2.71
May 26	2.87
May 26	2.79
Apr 26	2.78
Apr 26	2.79
Apr 26	2.65
Apr 26	2.55
Mar 26	2.59
Mar 26	2.57
Mar 26	2.54
Mar 26	2.53
Feb 26	2.69
Feb 26	2.78
Feb 26	2.77
Feb 26	2.88
Jan 26	2.87
Jan 26	2.8
Jan 26	2.88
Jan 26	2.88
Jan 26	2.76
Dec 25	2.78
Dec 25	2.76
Dec 25	2.71
Dec 25	2.7
Nov 25	2.74
Nov 25	2.69
Nov 25	2.67
Nov 25	2.8
Oct 25	2.71
Oct 25	2.73
Oct 25	2.65
Oct 25	2.65
Oct 25	2.66
Sep 25	2.58
Sep 25	2.62
Sep 25	2.66
Sep 25	2.56
Aug 25	2.54
Aug 25	2.56
Aug 25	2.53
Aug 25	2.49
Aug 25	2.53
Jul 25	2.58
Jul 25	2.55
Jul 25	2.51
Jul 25	2.58
Jun 25	2.9
Jun 25	2.78
Jun 25	2.8
Jun 25	2.94
May 25	2.89
May 25	2.83
May 25	2.96
May 25	2.83
May 25	2.88
Apr 25	2.77
Apr 25	2.62
Apr 25	2.57
Apr 25	2.61
Mar 25	3.06
Mar 25	3.03
Mar 25	2.94
Mar 25	2.92
Feb 25	3.13
Feb 25	3
Feb 25	2.92
Feb 25	2.99
Jan 25	3.02
Jan 25	3.04
Jan 25	3.08
Jan 25	2.99
Jan 25	3.08
Dec 24	3.38
Dec 24	3.32
Dec 24	3.36
Dec 24	3.49
Nov 24	3.44
Nov 24	3.46
Nov 24	3.51
Nov 24	3.37
Nov 24	3.14
Oct 24	3.16
Oct 24	3.21

Price to Book

MFC.TO Price to Book by quarter
Period	Price to Book
Sep 26	1.9
Sep 26	1.94
Aug 26	1.88
Aug 26	1.85
Aug 26	1.95
Aug 26	1.95
Jul 26	1.97
Jul 26	1.94
Jul 26	1.92
Jul 26	1.85
Jul 26	1.86
Jun 26	1.83
Jun 26	1.83
Jun 26	1.81
Jun 26	1.73
May 26	1.69
May 26	1.71
May 26	1.66
May 26	1.76
May 26	1.71
Apr 26	1.7
Apr 26	1.71
Apr 26	1.62
Apr 26	1.56
Mar 26	1.5
Mar 26	1.49
Mar 26	1.47
Mar 26	1.46
Feb 26	1.55
Feb 26	1.61
Feb 26	1.6
Feb 26	1.66
Jan 26	1.66
Jan 26	1.62
Jan 26	1.67
Jan 26	1.66
Jan 26	1.59
Dec 25	1.6
Dec 25	1.6
Dec 25	1.56
Dec 25	1.56
Nov 25	1.58
Nov 25	1.56
Nov 25	1.54
Nov 25	1.56
Oct 25	1.51
Oct 25	1.52
Oct 25	1.48
Oct 25	1.48
Oct 25	1.49
Sep 25	1.39
Sep 25	1.41
Sep 25	1.43
Sep 25	1.38
Aug 25	1.37
Aug 25	1.38
Aug 25	1.36
Aug 25	1.34
Aug 25	1.36
Jul 25	1.39
Jul 25	1.37
Jul 25	1.35
Jul 25	1.39
Jun 25	1.45
Jun 25	1.39
Jun 25	1.4
Jun 25	1.47
May 25	1.44
May 25	1.42
May 25	1.48
May 25	1.42
May 25	1.44
Apr 25	1.39
Apr 25	1.31
Apr 25	1.29
Apr 25	1.31
Mar 25	1.51
Mar 25	1.5
Mar 25	1.45
Mar 25	1.45
Feb 25	1.55
Feb 25	1.48
Feb 25	1.45
Feb 25	1.48
Jan 25	1.49
Jan 25	1.51
Jan 25	1.52
Jan 25	1.48
Jan 25	1.52
Dec 24	1.56
Dec 24	1.54
Dec 24	1.56
Dec 24	1.62
Nov 24	1.59
Nov 24	1.6
Nov 24	1.63
Nov 24	1.56
Nov 24	1.45
Oct 24	1.46
Oct 24	1.49

No video analysis for this stock yet. Request one from our team.

AI Analysis

Manulife Financial Corporation

Video analysis: MFC.TO

Similar companies