Manulife Financial's second quarter 2026 earnings beat estimates, fueled by strong growth in Asia insurance sales.

Manulife Financial reported second quarter 2026 results that surpassed analyst expectations, driven by significant growth in its high-margin Asia insurance business. The company posted core earnings per share of $0.85, exceeding consensus, while strong momentum in Asia Annualized Premium Equivalent (APE) sales highlighted successful execution of its strategic pivot to higher-growth markets.

Key Highlights

• Core earnings per share reached $0.85, beating the consensus estimate of $0.78.
• Asia APE sales grew to $1.85 billion, surpassing investor expectations of $1.75 billion and demonstrating strong demand in Hong Kong and other key markets.
• The Global Wealth and Asset Management segment attracted net inflows of $5.2 billion, indicating continued strength in its capital-light businesses.