Manulife Financial Corp
MFC: XTSE (CAN)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| qD^ | LOCK|^? | LOCK|H^t^Z>B |
Manulife Earnings: Solid Growth in Asia and Investment Management, Acquiring Comvest Credit Partners
Manulife reported slightly disappointing numbers for the second quarter as adjusted earnings came in at CAD 1.73 billion or CAD 0.95 per share, up 2% from a year ago. The firm also announced its all-cash $1.28 billion acquisition of Comvest Credit Partners.
