Manulife Financial Increases Its Core ROE Target To 18% Plus By 2027
Portfolio Pulse from Benzinga Newsdesk
Manulife Financial has announced an increase in its core Return on Equity (ROE) target to 18% or more by 2027.
June 24, 2024 | 9:04 pm
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Manulife Financial has increased its core ROE target to 18% or more by 2027, indicating strong future financial performance and potential for higher shareholder returns.
The increase in the core ROE target suggests that Manulife Financial is confident in its ability to generate higher returns for shareholders. This is likely to be viewed positively by investors, potentially driving the stock price up in the short term.
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