Manulife Financial Corporation

MFC.TO (TSX: MFC) TSX
Sector: Financial Services · Industry: — · Exchange: TSX
62.65 -0.73 (-1.2%) Market cap: $103.50B
52-week range low 45.34 · Mar 9, 2026high 64.17 · Nov 4, 2026

At a glance

Price chart

Split- and dividend-adjusted. All three lines are rebased to 100 at the start of the range, so the chart compares moves, not prices. L marks a LONG plan, S a SHORT plan — each links to that session's day page.

PriceComposite (XIU.TO, proxy)Sector fund (iShares S&P/TSX Capped Financials Index ETF (XFN.TO))
MFC.TO price, 1M +8% +0% -1% Oct 13, 2026 Nov 12, 2026 Volume
MFC.TO price, 6M +19% +0% -7% May 13, 2026 Nov 12, 2026 Volume
MFC.TO price, 1Y +39% +0% -6% Nov 11, 2025 Nov 12, 2026 Volume
MFC.TO price, 5Y +167% +0% -30% Nov 12, 2021 Nov 10, 2026 Volume
Monthly closes (table version, last 5 years)
Monthly closes, adjusted
MonthClose
2021-1224.11
2022-0126.47
2022-0225.68
2022-0326.66
2022-0425.12
2022-0523.43
2022-0622.32
2022-0723.44
2022-0822.72
2022-0921.68
2022-1022.58
2022-1124.23
2022-1224.15
2023-0126.33
2023-0226.98
2023-0324.80
2023-0426.75
2023-0525.15
2023-0625.04
2023-0726.36
2023-0824.98
2023-0924.82
2023-1024.14
2023-1126.58
2023-1229.28
2024-0129.72
2024-0232.21
2024-0333.83
2024-0432.11
2024-0535.40
2024-0636.43
2024-0736.78
2024-0837.21
2024-0939.97
2024-1040.67
2024-1145.07
2024-1244.16
2025-0143.46
2025-0245.06
2025-0344.84
2025-0442.25
2025-0543.70
2025-0643.54
2025-0742.87
2025-0842.25
2025-0943.36
2025-1045.39
2025-1149.47
2025-1249.84
2026-0151.87
2026-0248.57
2026-0347.92
2026-0453.41
2026-0552.73
2026-0657.52
2026-0762.26
2026-0858.79
2026-0960.64
2026-1062.37
2026-1162.65

The Composite is proxied by XIU.TO (iShares S&P/TSX 60 Index ETF); the database holds no Composite index series. The sector fund is a fund, never the index.

Performance

Over the past year the stock is up 33.3% against +20.0% for the Composite — 13.2 points ahead.

Returns by period; 3Y and 5Y are annualized
Metric1W1M3M6MYTD1Y3Y5Y
Stock+1.7%+3.5%+2.6%+14.7%+25.7%+33.3%+34.4%+20.2%
Sector fund (XFN.TO)+1.8%+6.9%-0.4%+15.1%+23.5%+32.6%+30.9%+13.9%
Composite (XIU.TO, proxy)+1.8%+2.8%-0.1%+9.4%+16.1%+20.0%+22.0%+10.5%
Difference vs Composite-0.1%+0.7%+2.7%+5.3%+9.6%+13.2%+12.5%+9.7%

3Y and 5Y are annualized from 3Y. The Composite is proxied by XIU.TO; the sector fund is iShares S&P/TSX Capped Financials Index ETF (XFN.TO).

Risk and trading

1-year volatility +20.3% (annualized); largest fall from a peak -13.6% (Feb 2, 2026 to Mar 9, 2026); beta 1.04 against the Composite (2Y weekly).

Risk and trading, prices to Nov 12, 2026
Volatility (1Y, annualized)+20.3%
Maximum drawdown (1Y)-13.6% (Feb 2, 2026 to Mar 9, 2026)
Beta (2Y weekly, vs Composite)1.04
Average daily volume (3M)5,032,490
Dollar volume (3M, average per day)$307.8M
LiquidityHigh (High: $1M or more a day; Moderate: $100K or more; Low: under $100K, by average daily dollar volume.)

Valuation

P/E 18.0 — lower than 23% of Financial Services peers (103 companies). The sector median P/E is 10.7.

Valuation multiples, snapshot Nov 12, 2026
MultipleValueAgainst sector peers
P/E (TTM)18.0 Lower than 23% of peers (103 companies; median 10.7)
Earnings yield5.57%—
P/B2.01 Lower than 30% of peers (101 companies; median 1.04)
P/SNot available: Not available — needs TTM revenue; see financials.—
EV/EBITDA9.7 Lower than 45% of peers (44 companies; median 9.2)
Dividend yield3.06%—
Payout ratioNot available: Not available — no stored dividend history yet.—

Each multiple is shown against the sector median of the pages' universe as a percentile: "lower than 25% of peers" means the value sits below 25% of them. Valuation multiples are from the Nov 12, 2026 snapshot, and are always printed with that date.

More: dividend rate and earnings yield

Dividend rate: 1.94. Earnings yield is earnings per share divided by price — the inverse of P/E.

Financials

Revenue $53.01B in 2025 (TTM $57.48B); net income $5.78B; free cash flow $32.10B. Reporting currency: CAD.

Annual figures, last 4 fiscal years, plus TTM
Metric2022202320242025TTM
Revenue$24.16B-$7.04B-$7.29B$53.01B$57.48B
Gross margin—————
Net income-$2.10B$5.46B$5.63B$5.78B$6.72B
Free cash flow$16.63B$20.42B$26.49B$32.10B$30.95B
Diluted shares1,864,897,7261,806,039,0201,728,734,6071,677,180,680—

Revenue by year

2022202320242025

Free cash flow by year

2022202320242025
Balance sheet, latest annual row
Cash$26.70B
Total debt$14.68B
Debt-to-equity0.29
Operating margin (latest snapshot, Nov 12, 2026)29.2%

Figures as reported in stored financials; reporting currency CAD. Operating margin is not stored per year, so the latest snapshot value is shown. TTM covers 2025-09-30, 2025-12-31, 2026-03-31, 2026-06-30.

Dividends and splits

Pays a 3.06% trailing dividend yield (as of Nov 12, 2026). No splits on record.

Dividend history, last 5 years
YearDividend per share
Not available: No stored dividend history yet.

Trailing yield 3.06% is the stored key-stats snapshot value (as of Nov 12, 2026) — the dividend history itself is not stored yet, so no history table is shown.

Split history (from the split inventory)
DateActionRatio
Not available: No splits on record for this ticker.

Next ex-dividend date: Not available: No stored ex-dividend dates for equities. Prices on the chart are split- and dividend-adjusted (no splits on record, so nothing to adjust).

Ownership and dilution

Insiders bought 0 times and sold 4 times in the 90 days to Nov 12, 2026. Shares outstanding fell 3.0% over 1 year.

Ownership, insider window 2026-08-14 to 2026-11-12
Insider buys (90 days)0
Insider sell (90 days)4
Shares outstanding change (1Y)-3.0%
Shares outstanding change (3Y)-10.1%
Held by insiders0.02%
Held by institutions55.07%

Counts are by filing date. Holdings are from the key-stats snapshot (as of Nov 12, 2026).

Recent insider trades (20)
Filing dateTypeNameSharesPriceValue
Sep 30, 2026OTHERMANULIFE FINANCIAL CORPORATION129,50042.84$5.5M
Sep 29, 2026OTHERMANULIFE FINANCIAL CORPORATION100,00043.22$4.3M
Sep 28, 2026OTHERMANULIFE FINANCIAL CORPORATION100,00043.54$4.4M
Sep 25, 2026OTHERMANULIFE FINANCIAL CORPORATION100,00043.70$4.4M
Sep 24, 2026OTHERMANULIFE FINANCIAL CORPORATION100,00043.51$4.4M
Sep 23, 2026OTHERMANULIFE FINANCIAL CORPORATION100,00044.07$4.4M
Sep 22, 2026OTHERMANULIFE FINANCIAL CORPORATION100,00044.28$4.4M
Sep 21, 2026OTHERMANULIFE FINANCIAL CORPORATION100,00044.50$4.4M
Sep 18, 2026OTHERMANULIFE FINANCIAL CORPORATION100,00044.11$4.4M
Sep 17, 2026OTHERMANULIFE FINANCIAL CORPORATION100,00044.11$4.4M
Sep 16, 2026OTHERMANULIFE FINANCIAL CORPORATION100,00043.85$4.4M
Sep 15, 2026OTHERMANULIFE FINANCIAL CORPORATION100,00043.58$4.4M
Sep 14, 2026OTHERMANULIFE FINANCIAL CORPORATION100,00043.44$4.3M
Sep 11, 2026OTHERMANULIFE FINANCIAL CORPORATION134,00043.35$5.8M
Sep 10, 2026OTHERMANULIFE FINANCIAL CORPORATION154,30043.42$6.7M
Sep 9, 2026OTHERMANULIFE FINANCIAL CORPORATION174,30043.02$7.5M
Sep 8, 2026OTHERMANULIFE FINANCIAL CORPORATION270,00043.69$11.8M
Sep 4, 2026OTHERMANULIFE FINANCIAL CORPORATION100,00044.37$4.4M
Sep 3, 2026OTHERMANULIFE FINANCIAL CORPORATION100,00044.36$4.4M
Sep 2, 2026OTHERMANULIFE FINANCIAL CORPORATION170,00042.95$7.3M

Peers

Peers in Financial Services, by market cap: BRK.TO, JPM.TO, VISA.TO, BOFA.TO, RY.TO, MS.TO, WFCS.TO, GS.TO.

Peers in Financial Services, by market cap (prices to Nov 12, 2026)
TickerPrice1Y %Market capP/EEV/EBITDADiv yield1Y vol
BRK.TO42.48+15.8%$1636.25B16.8-2.00.00%+14.8%
JPM.TO43.50—$1188.32B14.5——+22.1%
VISA.TO38.10—$1023.77B34.6——+23.0%
BOFA.TO25.08—$454.58B12.1——+24.1%
RY.TO289.39+39.9%$400.64B18.2—2.43%+15.9%
MS.TO37.91—$394.76B15.1——+31.4%
WFCS.TO23.62—$351.77B12.2——+29.0%
GS.TO43.30—$342.74B13.2——+34.3%

Each row links to its own page when one exists. Peer 1Y returns and volatility use raw closes; peer splits are unadjusted.

analiti.ca history

No published plans for this ticker.

Every published plan for this ticker (outcome under the full ladder; first exit shown second)
DateSideEntryStopFirst exitExitsOutcome (full ladder)First exitHold
Not available: No published plans for this ticker.

The full ladder is the headline method: 40/30/20% at the three exits, the last slice held to stop or end. First exit credits the whole position at the first exit level. Full history: the track record.

Superstock score

No Superstock score published for this ticker. The score is the published Superstock screen score — nothing else.

Sector condition: Financial Services — Leading (as of Nov 5, 2026). Superstock screen.

Key dates

Next earningsNot available: No company release or exchange notice in the stored data — stored dates are Yahoo-sourced, so none is shown.
Last earningsAug 5, 2026 · EPS 1.09
Next ex-dividendNot available: No stored ex-dividend dates for equities.

The next earnings date is shown only from the company's own release or an exchange notice, with a link. The stored last-earnings date is Yahoo-sourced.

Sources and data notes

BlockSourceAs of
prices, chart, performance, riskdaily_prices (Yahoo)Nov 12, 2026
valuation, market cap, ownershipyahoo_key_stats snapshotNov 12, 2026
financialsfinancials (Yahoo)Jun 30, 2026
plans, resolutionspublished entries-*.json + track-record.jsonNov 12, 2026
insidersinsider_trades (SEDI filings)Nov 12, 2026
splitsSplit inventory (interim table)Nov 5, 2026
sector conditionconditions-2026-11-05.jsonNov 5, 2026
Superstock scoresuperstock_checks + superstock.jsonNov 12, 2026

Not available rules. A field older than its freshness limit shows "not available", never a stale number: prices, 3 trading days; fundamentals, 120 days after the fiscal period end plus 45 days. Valuation multiples are always printed with their snapshot date.

Data file: /data/t/MFC.TO.json · Markdown twin: /t/MFC.TO.md

Facts and published history only. Plans are generated by a quant model.