View source for Manulife Net Income Slips In Q4 But Up For 2022 As A Whole - Victoria Times Colonist

Manulife net income slips in Q4 but up for 2022 as a whole.<br>TORONTO — Manulife Financial Corp. 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.<br>Canadian Press Feb 15, 2023 2:46 PM Feb 15, 2023 3:35 PM.<br>Share on Facebook.<br>Share on Twitter.<br>Share on LinkedIn.<br>Forward by Email.<br>Signage is seen on Manulife Financial Corp.'s office tower in Toronto,  interest NFT projects Tuesday, Feb. 11,  invest in nft 2020. THE CANADIAN PRESS/Cole Burston.<br>TORONTO — Manulife Financial Corp. says earnings slipped in the fourth quarter compared with a year earlier but rose for the full 2022 financial year.<br>Should you have just about any inquiries regarding where and the best way to use NFT, you are able to contact us from our own webpage. 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.<br>Net earnings attributable to shareholders for the year totalled $7.3 billion, up from $7.1 billion for a year earlier.<br>Analysts had expected a net income of $1.86 billion for the fourth quarter, according to financial markets data firm Refinitiv.<br>The company says the higher earnings for  crypto wallet may make money the year were related to annuity transactions in the U.S. and benefits from changes to the Canadian corporate tax rate.<br>It says investment-related gains in the year were driven in part by favourable fixed-income reinvestment as well as higher-than-expected returns from long-duration assets like private equity, infrastructure and timberland,  crypto wallet may make money partially offset by real estate.<br>This report by The Canadian Press was first published Feb. 15, 2023.<br>Companies in this story:  cryptocurrency (TSX:MFC)<br>The Canadian Press.<br>See a typo/mistake? Have a story/tip?