Manulife's Earnings Surge Amid Global Expansion

Manulife Financial Corporation had a strong start to 2026, with first-quarter core earnings reaching $1.8 billion, up 8% from the previous year. The company's net income jumped to $1.1 billion, a significant increase from the same period in 2025. While they saw growth in new business across all insurance segments, Global Wealth and Asset Management faced $4.4 billion in net outflows. The company continued to expand its global footprint, enhancing its offerings through strategic partnerships and AI-driven initiatives. What does it mean for you? If you're a Manulife shareholder, this is good news for your investment, thanks to solid earnings growth and strategic expansions. However, if you're in the market for wealth management services, be aware of their current challenges in that sector.