Manulife reports 1Q19 net income of $2.2 billion and core earnings of $1.5 billion with strong growth in Asia

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Manulife Financial (MFC) Tops Q1 EPS by 26c

May 1, 2019 5:10 PM EDT

Manulife Financial (NYSE: MFC) reported Q1 EPS of $0.76, $0.26 better than the analyst estimate of $0.50.

Today, Manulife announced its 1Q19 results. Key highlights include:

Net income attributed to shareholders of $2.2 billion in 1Q19, up $0.8 billion from 1Q18Core earnings1 of $1.5 billion in 1Q19, up 15%2 from 1Q18Core ROE1 of 14.2% in 1Q19 compared with 13.4% in 1Q182.1 percentage point improvement in our... More