
Manulife Financial Corp
TSX:MFC

Income Statement
Income Statement
Manulife Financial Corp
Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | Mar-2024 | Jun-2024 | Sep-2024 | Dec-2024 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Gross Premiums Earned |
26 552
|
28 122
|
29 866
|
23 755
|
26 027
|
27 755
|
29 187
|
38 581
|
38 813
|
38 899
|
39 245
|
38 914
|
38 956
|
40 140
|
42 012
|
39 997
|
34 440
|
34 489
|
34 096
|
38 429
|
45 977
|
47 436
|
46 709
|
43 359
|
35 791
|
43 418
|
44 994
|
49 216
|
42 577
|
45 281
|
40 026
|
33 956
|
28 681
|
28 674
|
28 825
|
29 909
|
30 105
|
30 841
|
31 929
|
32 598
|
33 411
|
|
Revenue |
53 069
N/A
|
54 639
+3%
|
42 507
-22%
|
38 501
-9%
|
32 815
-15%
|
38 716
+18%
|
58 198
+50%
|
65 562
+13%
|
53 337
-19%
|
43 516
-18%
|
39 485
-9%
|
36 963
-6%
|
58 323
+58%
|
51 831
-11%
|
48 889
-6%
|
44 989
-8%
|
37 264
-17%
|
52 070
+40%
|
60 622
+16%
|
75 219
+24%
|
77 822
+3%
|
74 343
-4%
|
79 628
+7%
|
70 368
-12%
|
71 910
+2%
|
55 377
-23%
|
53 570
-3%
|
56 123
+5%
|
55 929
0%
|
66 958
+20%
|
44 933
-33%
|
36 458
-19%
|
22 711
-38%
|
26 046
+15%
|
30 612
+18%
|
31 934
+4%
|
33 498
+5%
|
33 640
+0%
|
34 617
+3%
|
36 105
+4%
|
37 436
+4%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(47 674)
|
(49 315)
|
(37 737)
|
(34 137)
|
(29 096)
|
(34 603)
|
(53 781)
|
(60 813)
|
(48 995)
|
(38 732)
|
(34 009)
|
(31 514)
|
(54 683)
|
(48 187)
|
(45 289)
|
(40 741)
|
(30 470)
|
(44 424)
|
(52 755)
|
(68 512)
|
(70 283)
|
(67 583)
|
(73 844)
|
(63 196)
|
(65 713)
|
(48 376)
|
(44 116)
|
(47 378)
|
(46 808)
|
(60 435)
|
(44 384)
|
(36 858)
|
(24 647)
|
(24 556)
|
(24 882)
|
(25 407)
|
(25 492)
|
(26 044)
|
(27 028)
|
(27 354)
|
(28 665)
|
|
Selling, General & Administrative |
(5 523)
|
(5 875)
|
(6 400)
|
(6 662)
|
(7 327)
|
(7 493)
|
(7 605)
|
(8 030)
|
(9 752)
|
(8 231)
|
(8 306)
|
(8 201)
|
(9 991)
|
(8 472)
|
(9 301)
|
(9 480)
|
(9 766)
|
(9 732)
|
(9 098)
|
(9 200)
|
(9 131)
|
(9 140)
|
(9 106)
|
(9 018)
|
(8 921)
|
(9 049)
|
(9 014)
|
(9 053)
|
(9 083)
|
(7 753)
|
(6 458)
|
(5 082)
|
(3 731)
|
(3 886)
|
(4 024)
|
(4 152)
|
(4 330)
|
(4 346)
|
(4 549)
|
(4 711)
|
(4 859)
|
|
Benefits Claims Loss Adjustment |
(41 864)
|
(43 135)
|
(31 014)
|
(27 142)
|
(21 411)
|
(26 752)
|
(45 801)
|
(52 403)
|
(38 841)
|
(30 103)
|
(25 313)
|
(22 925)
|
(44 332)
|
(39 347)
|
(35 596)
|
(30 862)
|
(20 298)
|
(34 282)
|
(43 268)
|
(58 919)
|
(60 763)
|
(58 047)
|
(64 350)
|
(53 802)
|
(59 867)
|
(38 949)
|
(34 708)
|
(37 915)
|
(41 205)
|
(51 859)
|
(36 849)
|
(30 365)
|
(19 335)
|
(19 025)
|
(19 079)
|
(19 509)
|
(19 382)
|
(19 872)
|
(20 652)
|
(20 746)
|
(21 822)
|
|
Other Operating Expenses |
(287)
|
(305)
|
(323)
|
(333)
|
(358)
|
(358)
|
(375)
|
(380)
|
(402)
|
(398)
|
(390)
|
(388)
|
(360)
|
(368)
|
(392)
|
(399)
|
(406)
|
(410)
|
(389)
|
(393)
|
(389)
|
(396)
|
(388)
|
(376)
|
3 075
|
(378)
|
(394)
|
(410)
|
3 480
|
(823)
|
(1 077)
|
(1 411)
|
(1 581)
|
(1 645)
|
(1 779)
|
(1 746)
|
(1 780)
|
(1 826)
|
(1 827)
|
(1 897)
|
(1 984)
|
|
Operating Income |
5 395
N/A
|
5 324
-1%
|
4 770
-10%
|
4 364
-9%
|
3 719
-15%
|
4 113
+11%
|
4 417
+7%
|
4 749
+8%
|
4 342
-9%
|
4 784
+10%
|
5 476
+14%
|
5 449
0%
|
3 640
-33%
|
3 644
+0%
|
3 600
-1%
|
4 248
+18%
|
6 794
+60%
|
7 646
+13%
|
7 867
+3%
|
6 707
-15%
|
7 539
+12%
|
6 760
-10%
|
5 784
-14%
|
7 172
+24%
|
6 197
-14%
|
7 001
+13%
|
9 454
+35%
|
8 745
-7%
|
9 121
+4%
|
6 523
-28%
|
549
-92%
|
(400)
N/A
|
(1 936)
-384%
|
1 490
N/A
|
5 730
+285%
|
6 527
+14%
|
8 006
+23%
|
7 596
-5%
|
7 589
0%
|
8 751
+15%
|
8 771
+0%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(1 131)
|
(1 153)
|
(1 160)
|
(1 158)
|
(1 101)
|
(986)
|
(993)
|
(999)
|
(1 013)
|
(1 071)
|
(1 092)
|
(1 110)
|
(1 139)
|
(1 166)
|
(1 205)
|
(1 211)
|
(1 275)
|
(1 317)
|
(1 317)
|
(1 353)
|
(1 319)
|
(1 360)
|
(1 308)
|
(1 241)
|
1 277
|
(1 062)
|
(1 055)
|
(1 036)
|
(1 011)
|
(172)
|
(405)
|
(714)
|
(2 401)
|
(1 246)
|
(1 394)
|
(1 501)
|
(1 554)
|
(1 611)
|
(1 656)
|
(1 651)
|
(1 681)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(703)
|
0
|
0
|
0
|
15
|
0
|
0
|
0
|
(151)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(761)
|
(502)
|
(240)
|
1 350
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Pre-Tax Income |
4 264
N/A
|
4 171
-2%
|
3 610
-13%
|
3 206
-11%
|
2 618
-18%
|
3 127
+19%
|
3 424
+9%
|
3 750
+10%
|
3 329
-11%
|
3 713
+12%
|
4 384
+18%
|
4 339
-1%
|
2 501
-42%
|
2 478
-1%
|
2 395
-3%
|
3 037
+27%
|
5 519
+82%
|
6 329
+15%
|
6 550
+3%
|
5 354
-18%
|
6 220
+16%
|
5 400
-13%
|
4 476
-17%
|
5 931
+33%
|
6 771
+14%
|
5 939
-12%
|
8 399
+41%
|
7 709
-8%
|
8 125
+5%
|
5 590
-31%
|
(358)
N/A
|
(1 354)
-278%
|
(3 138)
-132%
|
244
N/A
|
4 336
+1 677%
|
5 026
+16%
|
6 452
+28%
|
5 985
-7%
|
5 933
-1%
|
7 100
+20%
|
7 090
0%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(671)
|
(654)
|
(392)
|
(421)
|
(328)
|
(510)
|
(769)
|
(570)
|
(209)
|
(244)
|
(317)
|
(213)
|
233
|
242
|
300
|
183
|
(952)
|
(904)
|
(898)
|
(868)
|
(718)
|
(1 026)
|
(779)
|
(1 060)
|
(1 195)
|
(605)
|
(1 222)
|
(1 007)
|
(1 213)
|
(766)
|
397
|
503
|
1 159
|
410
|
(408)
|
(297)
|
(845)
|
(816)
|
(803)
|
(1 128)
|
(1 212)
|
|
Income from Continuing Operations |
3 593
|
3 517
|
3 218
|
2 785
|
2 290
|
2 617
|
2 655
|
3 180
|
3 120
|
3 469
|
4 067
|
4 126
|
2 734
|
2 720
|
2 695
|
3 220
|
4 567
|
5 425
|
5 652
|
4 486
|
5 502
|
4 374
|
3 697
|
4 871
|
5 576
|
5 334
|
7 177
|
6 702
|
6 912
|
4 824
|
39
|
(851)
|
(1 979)
|
654
|
3 928
|
4 729
|
5 607
|
5 169
|
5 130
|
5 972
|
5 878
|
|
Income to Minority Interest |
(71)
|
(82)
|
(68)
|
(83)
|
(69)
|
(72)
|
(70)
|
(113)
|
(143)
|
(171)
|
(205)
|
(171)
|
(194)
|
(194)
|
(200)
|
(250)
|
(214)
|
(233)
|
(244)
|
(174)
|
(233)
|
(117)
|
(158)
|
(262)
|
(250)
|
(384)
|
(349)
|
(280)
|
(255)
|
(166)
|
(134)
|
(120)
|
(121)
|
(173)
|
(147)
|
(138)
|
(144)
|
(145)
|
(158)
|
(264)
|
(247)
|
|
Net Income (Common) |
3 375
N/A
|
3 285
-3%
|
2 949
-10%
|
2 470
-16%
|
2 075
-16%
|
2 397
+16%
|
2 493
+4%
|
2 983
+20%
|
2 796
-6%
|
3 089
+10%
|
3 638
+18%
|
3 621
0%
|
1 945
-46%
|
1 969
+1%
|
1 971
+0%
|
2 436
+24%
|
4 632
+90%
|
5 432
+17%
|
5 646
+4%
|
4 795
-15%
|
5 430
+13%
|
4 550
-16%
|
3 802
-16%
|
5 148
+35%
|
5 700
+11%
|
5 187
-9%
|
7 085
+37%
|
6 614
-7%
|
6 890
+4%
|
4 878
-29%
|
117
-98%
|
(998)
N/A
|
(2 193)
-120%
|
433
N/A
|
3 539
+717%
|
4 058
+15%
|
4 800
+18%
|
4 257
-11%
|
4 273
+0%
|
5 097
+19%
|
5 074
0%
|
|
EPS (Diluted) |
1.79
N/A
|
1.67
-7%
|
1.48
-11%
|
1.26
-15%
|
1.05
-17%
|
1.21
+15%
|
1.26
+4%
|
1.51
+20%
|
1.41
-7%
|
1.56
+11%
|
1.83
+17%
|
1.82
-1%
|
0.97
-47%
|
0.98
+1%
|
0.99
+1%
|
1.22
+23%
|
2.32
+90%
|
2.75
+19%
|
2.86
+4%
|
2.44
-15%
|
2.77
+14%
|
2.33
-16%
|
1.95
-16%
|
2.64
+35%
|
2.93
+11%
|
2.66
-9%
|
3.64
+37%
|
3.4
-7%
|
3.54
+4%
|
2.5
-29%
|
0.06
-98%
|
-0.53
N/A
|
-1.15
-117%
|
0.23
N/A
|
1.9
+726%
|
2.21
+16%
|
2.61
+18%
|
2.35
-10%
|
2.37
+1%
|
2.86
+21%
|
2.84
-1%
|