• Manulife Financial Corp average return on tangible equity for 2024 was 11.71, a 6.09% increase from 2023.
• Manulife Financial Corp average return on tangible equity for 2023 was 12.47, a 24.24% decline from 2022.
• Manulife Financial Corp average return on tangible equity for 2022 was 16.46, a 12.59% decline from 2021.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.