Sun Life Financial Reports Q3 2026 Results with Double-Digit Underlying EPS Growth
Sun Life Financial Inc. (SLF) reported strong third-quarter 2026 results, highlighted by a 10% increase in underlying earnings per share (EPS) to $2.05. The company saw robust growth across its core markets in Canada and Asia, as well as within its U.S. stop loss segment and GreenOak asset management business. Total assets under management grew by 3% year-over-year to $1.676 trillion. Despite the underlying growth, reported net income fell 29% to $785 million due to unfavorable interest rate impacts and acquisition/restructuring charges related to GreenOak. However, the company's diversified strategy remains intact, supported by a strong LICAT ratio of 142%. Following these results, Sun Life announced an increase in its common share dividend from $0.96 to $1.00 per share.
Tickers: $SLF
Topics: asset management dividend increase earnings report EPS net income
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