Manulife Shares Down as Softer Canada, U.S. Drag on 1Q Results

Dow Jones

May 15

Adriano Marchese

Manulife Financial's stock declined after the company said a challenging insurance environment in Canada and the U.S. led to lower-than-expected earnings in the first quarter.

Shares were off by 5.6% to 51.53 Canadian dollars, equivalent to $37.59 in midday trading Thursday, but are still up 3.4% on the year.

The diversified financial-services company and insurer late Wednesday reported core earnings per share of C$1.06, missing analyst expectations of C$1.10, according to FactSet.

In Canada, Manulife said an unfavorable insurance experience led to a 6% drop in core earnings, while in the U.S. lower investment spreads led to a 4% decline.

Those results offset growth in Asia, where the company saw a 22% increase in core earnings as business continued to grow in the region.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

May 14, 2026 12:17 ET (16:17 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2635421741"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2635421741\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2635421741?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-05-15 00:17","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2635421741","market":"hk","top_or_hot":-1,"title":"Manulife Shares Down as Softer Canada, U.S. Drag on 1Q Results","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Adriano Marchese \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Manulife Financial's stock declined after the company said a challenging insurance environment in Canada and the U.S. led to lower-than-expected earnings in the first quarter. \n</p>\n<p>\n  Shares were off by 5.6% to 51.53 Canadian dollars, equivalent to $37.59 in midday trading Thursday, but are still up 3.4% on the year. \n</p>\n<p>\n  The diversified financial-services company and insurer late Wednesday reported core earnings per share of C$1.06, missing analyst expectations of C$1.10, according to FactSet. \n</p>\n<p>\n  In Canada, Manulife said an unfavorable insurance experience led to a 6% drop in core earnings, while in the U.S. lower investment spreads led to a 4% decline. \n</p>\n<p>\n  Those results offset growth in Asia, where the company saw a 22% increase in core earnings as business continued to grow in the region. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 14, 2026 12:17 ET (16:17 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Manulife Shares Down as Softer Canada, U.S. Drag on 1Q Results</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nManulife Shares Down as Softer Canada, U.S. Drag on 1Q Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-05-15 00:17</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Adriano Marchese \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Manulife Financial's stock declined after the company said a challenging insurance environment in Canada and the U.S. led to lower-than-expected earnings in the first quarter. \n</p>\n<p>\n  Shares were off by 5.6% to 51.53 Canadian dollars, equivalent to $37.59 in midday trading Thursday, but are still up 3.4% on the year. \n</p>\n<p>\n  The diversified financial-services company and insurer late Wednesday reported core earnings per share of C$1.06, missing analyst expectations of C$1.10, according to FactSet. \n</p>\n<p>\n  In Canada, Manulife said an unfavorable insurance experience led to a 6% drop in core earnings, while in the U.S. lower investment spreads led to a 4% decline. \n</p>\n<p>\n  Those results offset growth in Asia, where the company saw a 22% increase in core earnings as business continued to grow in the region. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 14, 2026 12:17 ET (16:17 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1291159041.SGD","symbol_name":"CPR Invest - Global Silver Age A2 Acc SGD-H","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2635421741","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2635421741","pubTimestamp":1778775420,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Manulife Financial's stock declined after the company said a challenging insurance environment in Canada and the U.S. led to lower-than-expected earnings in the first quarter.Shares were off by 5.6% to 51.53 Canadian dollars, equivalent to $37.59 in midday trading Thursday, but are still up 3.4% on the year.The diversified financial-services company and insurer late Wednesday reported core earnings per share of C$1.06, missing analyst expectations of C$1.10, according to FactSet.In Canada, Manulife said an unfavorable insurance experience led to a 6% drop in core earnings, while in the U.S. lower investment spreads led to a 4% decline.Those results offset growth in Asia, where the company saw a 22% increase in core earnings as business continued to grow in the region.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1291159041.SGD":"CPR Invest - Global Silver Age A2 Acc SGD-H","BK1184":"人寿与健康保险","MFC":"宏利金融","00945":"宏利金融-S","LU1989771016.USD":"东方汇理环球老龄化投资基金 A2 Acc","BK4588":"碎股","BK4585":"ETF&股票定投概念","BK4162":"人寿与健康保险"},"translate_title":"加拿大和美国经济疲软拖累第一季度业绩，宏利股价下跌","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MFC":1.5,"00945":0.9},"content_text":"Adriano Marchese \n\n\n \n\n\n  Manulife Financial's stock declined after the company said a challenging insurance environment in Canada and the U.S. led to lower-than-expected earnings in the first quarter. \n\n\n  Shares were off by 5.6% to 51.53 Canadian dollars, equivalent to $37.59 in midday trading Thursday, but are still up 3.4% on the year. \n\n\n  The diversified financial-services company and insurer late Wednesday reported core earnings per share of C$1.06, missing analyst expectations of C$1.10, according to FactSet. \n\n\n  In Canada, Manulife said an unfavorable insurance experience led to a 6% drop in core earnings, while in the U.S. lower investment spreads led to a 4% decline. \n\n\n  Those results offset growth in Asia, where the company saw a 22% increase in core earnings as business continued to grow in the region. \n\n\n \n\n\n  Write to Adriano Marchese at adriano.marchese@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 14, 2026 12:17 ET (16:17 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}