Manulife net income slips in Q4 but up for 2022 as a whole
BNN Bloomberg
Manulife says earnings slipped in the fourth quarter compared with a year earlier but rose for the full 2022 financial year.
The insurance giant says net income attributable to shareholders came in at $1.89 billion for the fourth quarter, compared with $2.08 billion for the same quarter a year earlier.
Net earnings attributable to shareholders for the year totalled $7.3 billion, up from $7.1 billion for a year earlier.
Analysts had expected a net income of $1.86 billion for the fourth quarter, according to financial markets data firm Refinitiv.
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