Manulife Financial (MNQFF) Interest Expenses (2009 - 2023)
Manulife Financial's (MNQFF) quarterly Interest Expenses came in at $2.0 billion in Q4 2023, up 2216.24% year-on-year from $86.2 million in Q4 2022, and up 743.38% quarter-over-quarter from -$310.3 million in Q3 2023.
Manulife Financial (MNQFF) Interest Expenses (2009 - 2023) Analysis & Trends
Manulife Financial has disclosed Interest Expenses across 15 years of filings, most recently posting $2.0 billion for Q4 2023.
- Interest Expenses for Q4 2023 came in at $2.0 billion, up 2216.24% year-over-year; the trailing twelve-month figure through Sep 2024 was $2.0 billion (up 356.21% YoY), and the FY2025 annual result was $1.1 billion, down 8.83% from the prior year.
- Interest Expenses came in at $2.0 billion for Q4 2023 at Manulife Financial, up from -$310.3 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $2.0 billion in Q4 2023 to a low of -$310.3 million in Q3 2023.
- The 5-year median for Interest Expenses is $209.4 million (2021), against an average of $231.3 million.
- Peak annual rise in Interest Expenses reached 2216.24% in 2023, while the deepest fall reached 241.51% in 2023.
- Manulife Financial's Interest Expenses stood at $246.2 million in 2019, then retreated by 17.43% to $203.3 million in 2020, then decreased by 6.33% to $190.4 million in 2021, then sank by 54.73% to $86.2 million in 2022, then jumped by 2216.24% to $2.0 billion in 2023.
- The last three Interest Expenses figures came in at $2.0 billion (Q4 2023), -$310.3 million (Q3 2023), and -$283.6 million (Q2 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Manulife Financial | 568.62 Bn | 568.62 Bn | - | - |
| 2 | Aflac | 59.20 Bn | 53.55 Bn | 1.48 Bn | 60.00 Mn |
| 3 | Metlife | 55.45 Bn | 39.51 Bn | 256.00 Mn | 1.67 Bn |
| 4 | Unum | 14.44 Bn | 4.48 Bn | 1.40 Bn | 53.10 Mn |
| 5 | Globe Life | 12.48 Bn | 11.80 Bn | 1.45 Bn | 34.00 Mn |
| 6 | Primerica | 8.62 Bn | 8.62 Bn | 770.81 Mn | 5.86 Mn |
| 7 | Jackson Financial | 7.51 Bn | 1.67 Bn | - | 25.00 Mn |
| 8 | Lincoln National | 6.79 Bn | -8.89 Bn | 3.25 Bn | 999.00 Mn |
| 9 | CNO Financial | 4.58 Bn | 4.24 Bn | 754.30 Mn | 50.90 Mn |
| 10 | Manulife Financial | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 2.00 Bn |
| Dec 31, 2023 | 2.00 Bn |
| Sep 30, 2023 | -310.31 Mn |
| Sep 30, 2023 | -310.31 Mn |
| Jun 30, 2023 | -283.64 Mn |
| Jun 30, 2023 | -283.64 Mn |
| Mar 31, 2023 | -271.47 Mn |
| Mar 31, 2023 | -271.47 Mn |
| Dec 31, 2022 | 86.19 Mn |
| Dec 31, 2022 | 86.19 Mn |
| Sep 30, 2022 | 286.00 Mn |
| Sep 30, 2022 | 286.00 Mn |
| Jun 30, 2022 | 249.42 Mn |
| Jun 30, 2022 | 249.42 Mn |
| Mar 31, 2022 | 191.84 Mn |
| Mar 31, 2022 | 191.84 Mn |
| Dec 31, 2021 | 190.40 Mn |
| Dec 31, 2021 | 190.40 Mn |
| Sep 30, 2021 | 208.14 Mn |
| Sep 30, 2021 | 208.14 Mn |