Manulife Financial (Manulife Financial) Retained Earnings

: $3,591.98 Mil (As of Dec. 2023)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Manulife Financial's retained earnings for the quarter that ended in Dec. 2023 was $3,591.98 Mil.

Manulife Financial's quarterly retained earnings declined from Jun. 2023 ($3,031.01 Mil) to Sep. 2023 ($3,027.86 Mil) but then increased from Sep. 2023 ($3,027.86 Mil) to Dec. 2023 ($3,591.98 Mil).

Manulife Financial's annual retained earnings declined from Dec. 2021 ($7,543.75 Mil) to Dec. 2022 ($2,905.41 Mil) but then increased from Dec. 2022 ($2,905.41 Mil) to Dec. 2023 ($3,591.98 Mil).

Manulife Financial Retained Earnings Historical Data

The historical data trend for Manulife Financial's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Manulife Financial Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

11,760.95

14,745.10

7,543.75

2,905.41

3,591.98

Manulife Financial Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings																2,905.41	2,929.91	3,031.01	3,027.86	3,591.98

Manulife Financial Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Manulife Financial (OTCPK:MNLCF.PFD) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Manulife Financial (Manulife Financial) Business Description

Industry

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Address

200 Bloor Street East, Toronto, ON, CAN, M4W 1E5

Website

https://www.manulife.com

Manulife Financial provides life insurance, annuities, and asset management products to individuals and group customers in Canada, the United States, and Asia. Its investment management business contributes approximately 20% of its earnings and has around CAD 1.35 trillion in assets under management and administration as of June 30, 2023. The U.S. business, which primarily operates under the John Hancock brand, contributes about 30% of earnings and is mainly focused on providing insurance products for estate, business, and income protection. The Asia segment provides insurance products and insurance-based wealth accumulation products in over 11 countries and contributes around 30% of earnings. The Canadian business segment contributes approximately 20% of earnings.