Manulife Keeps The Bulls Coming For Canada's Insurance Giant, As Margins Impress

Manulife Financial (MFC) gets its buy rating reaffirmed, demonstrating resilience amid market volatility, supported by strong margins, robust capital, and a diversified insurance and wealth management model. Recent business acquisitions and organic insurance growth can drive upside, and there is a compelling dividend growth profile with a 10% dividend increase in February. MFC's profitability leads its peer group with a 9.6% net margin, while balance sheet risk remains muted with a D/E of 0.29 and A-level credit ratings.