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Sun Life Financial Inc.

Financial Services CA SLF

84.78CAD
0.53(0.63%)

Last update at 2024-11-20T19:41:00Z

Day Range

83.8884.91
LowHigh

52 Week Range

63.3783.51
LowHigh

Fundamentals

  • Previous Close 84.25
  • Market Cap47825.69M
  • Volume2677291
  • P/E Ratio13.56
  • Dividend Yield4.07%
  • EBITDA5277.00M
  • Revenue TTM32559.00M
  • Revenue Per Share TTM55.99
  • Gross Profit TTM 14476.00M
  • Diluted EPS TTM6.12

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 3923.00M 5097.00M 3287.00M 3233.00M 3511.00M
Minority interest -56.00000M 0.00000M 25.00M 19.00M 19.00M
Net income 3246.00M 4370.00M 2781.00M 2943.00M 2914.00M
Selling general administrative 5107.00M 5102.00M 4445.00M 4090.00M 3707.00M
Selling and marketing expenses - - - - -
Gross profit 23207.00M 35690.00M 43337.00M 39679.00M 26997.00M
Reconciled depreciation 528.00M 438.00M 406.00M 378.00M 226.00M
Ebit 4312.00M 5424.00M 3631.00M 3562.00M 3816.00M
Ebitda 4840.00M 5862.00M 4037.00M 3940.00M 4042.00M
Depreciation and amortization 528.00M 438.00M 406.00M 378.00M 226.00M
Non operating income net other - - - - -
Operating income 4312.00M 5424.00M 3631.00M 3562.00M 3816.00M
Other operating expenses 19284.00M 30593.00M 40050.00M 36446.00M 23486.00M
Interest expense 445.00M 327.00M 355.00M 333.00M 305.00M
Tax provision 713.00M 727.00M 495.00M 284.00M 597.00M
Interest income 18204.00M 5308.00M 5407.00M 6785.00M 305.00M
Net interest income -445.00000M -327.00000M -355.00000M -333.00000M -305.00000M
Extraordinary items 92.00M -10.00000M -1.00000M -2.00000M 0.00000M
Non recurring - - - - -
Other items - - - - -
Income tax expense 621.00M 727.00M 495.00M 286.00M 597.00M
Total revenue 23207.00M 35690.00M 43337.00M 39679.00M 26997.00M
Total operating expenses 19285.00M 30658.00M 40050.00M 2037.00M 2004.00M
Cost of revenue - - - 31035.00M 18693.00M
Total other income expense net -389.00000M -327.00000M -344.00000M -329.00000M -305.00000M
Discontinued operations - - - - -
Net income from continuing ops 3302.00M 4370.00M 2792.00M 2947.00M 2914.00M
Net income applicable to common shares 3060.00M 3934.00M 2404.00M 2618.00M 2522.00M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 333241.00M 330906.00M 345370.00M 323011.00M 297202.00M
Intangible assets 5174.00M 4724.00M 3370.00M 2477.00M 2083.00M
Earning assets - - - - -
Other current assets 19718.00M 7507.00M 5428.00M 5721.00M 5496.00M
Total liab 309041.00M 301529.00M 317297.00M 297149.00M 272694.00M
Total stockholder equity 23582.00M 27450.00M 26314.00M 24469.00M 23398.00M
Deferred long term liab - - - - -
Other current liab -4823.00000M -4984.00000M -2440.00000M -2782.00000M -1933.00000M
Common stock 8327.00M 10640.00M 10615.00M 10591.00M 10619.00M
Capital stock 10566.00M 10550.00M 10544.00M 10519.00M 10546.00M
Retained earnings 12157.00M 16810.00M 15699.00M 13878.00M 12779.00M
Other liab - 275191.00M 296211.00M 279638.00M 256201.00M
Good will 8969.00M 8705.00M 6517.00M 6072.00M 5832.00M
Other assets 192752.00M 216332.00M 217337.00M 202009.00M 189963.00M
Cash 11170.00M 11219.00M 12278.00M 13527.00M 9575.00M
Cash and equivalents - 6310.00M 5529.00M 8156.00M 5059.00M
Total current liabilities 4823.00M 4984.00M 2440.00M 2782.00M 1933.00M
Current deferred revenue - - - - -
Net debt 2107.00M 2173.00M -2071.00000M -6637.00000M -5537.00000M
Short term debt 2330.00M 2345.00M 574.00M 344.00M 30.00M
Short long term debt 2330.00M 2345.00M 574.00M 344.00M 30.00M
Short long term debt total 13277.00M 13392.00M 10207.00M 6890.00M 4038.00M
Other stockholder equity 94.00M -2890.00000M -3225.00000M -7692.00000M -7436.00000M
Property plant equipment - 1360.00M 1307.00M 1394.00M 1400.00M
Total current assets 29900.00M 14894.00M 14547.00M 15339.00M 11531.00M
Long term investments 94995.00M 84891.00M 102292.00M 98593.00M 89253.00M
Net tangible assets - 13619.00M 15888.00M 15031.00M 14317.00M
Short term investments 16316.00M 1841.00M 4452.00M 2873.00M 2860.00M
Net receivables 2414.00M 3675.00M 2269.00M 1812.00M 1956.00M
Long term debt 9958.00M 11927.00M 8783.00M 5281.00M 8040.00M
Inventory -19718.00000M - - - -
Accounts payable 2493.00M 2639.00M 1866.00M 2438.00M 1903.00M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 765.00M 651.00M 986.00M 1589.00M 1461.00M
Additional paid in capital - - - - -
Common stock total equity - - - - 8289.00M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other -3878.00000M 1841.00M 4452.00M -105663.00000M -95708.00000M
Deferred long term asset charges - - - - -
Non current assets total 110589.00M 99680.00M 113486.00M 105663.00M 95708.00M
Capital lease obligations 989.00M 952.00M 850.00M 864.00M 902.00M
Long term debt total - 12879.00M 11317.00M 8687.00M 8942.00M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments -2863.00000M -29.00000M -886.00000M -430.00000M -280.00000M
Change to liabilities 0.00000M 0.00000M 0.00000M 0.00000M 0.00000M
Total cashflows from investing activities -2863.00000M -803.00000M -886.00000M -430.00000M -280.00000M
Net borrowings 1862.00M 1338.00M -560.00000M -223.00000M -440.00000M
Total cash from financing activities -71.00000M -260.00000M -2312.00000M -2436.00000M -2566.00000M
Change to operating activities -12165.00000M 2501.00M 15125.00M 11404.00M 378.00M
Net income 3923.00M 5097.00M 3287.00M 3233.00M 3511.00M
Change in cash 1679.00M -2955.00000M 3963.00M -509.00000M 1238.00M
Begin period cash flow 7693.00M 10648.00M 6685.00M 7194.00M 5956.00M
End period cash flow 9372.00M 7693.00M 10648.00M 6685.00M 7194.00M
Total cash from operating activities 4311.00M -1857.00000M 7253.00M 2547.00M 3834.00M
Issuance of capital stock 0.00000M 987.00M - - -
Depreciation 528.00M 438.00M 328.00M 378.00M 226.00M
Other cashflows from investing activities -2863.00000M -281.00000M -258.00000M -168.00000M -131.00000M
Dividends paid 1671.00M 1428.00M 1360.00M 1318.00M 1227.00M
Change to inventory - - - - -
Change to account receivables - - - - -
Sale purchase of stock 6.00M -1025.00000M -200.00000M -592.00000M -641.00000M
Other cashflows from financing activities 2170.00M 2986.00M -616.00000M -401.00000M -258.00000M
Change to netincome 12818.00M -8831.00000M -10776.00000M -12021.00000M 614.00M
Capital expenditures 0.00000M 81.00M 158.00M 114.00M 85.00M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -12165.00000M 2501.00M 15125.00M 11404.00M 378.00M
Stock based compensation - - - - -
Other non cash items 12025.00M -9893.00000M -11159.00000M -12090.00000M -55.00000M
Free cash flow 4311.00M -1938.00000M 7095.00M 2433.00M 3749.00M

Peer Comparison

Sector: Financial Services Industry: Insurance - Diversified

Company Change (CAD) Price (CAD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x)
SLF
Sun Life Financial Inc.
0.53 0.63% 84.78 13.56 11.04 1.47 1.88 0.96
IAG
iA Financial Corporation Inc
-0.2 0.15% 132.89 12.98 10.64 1.33 1.79 0.70
BNT
Brookfield Wealth Solutions Ltd.
-0.85 1.07% 78.59 - - - -

Reports Covered

Stock Research & News

Profile

Sun Life Financial Inc., a financial services company, provides savings, retirement, and pension products worldwide. The company operates in five segments: Asset Management, Canada, U.S., Asia, and Corporate. It offers various insurance products, such as term and permanent life; personal health, which includes prescription drugs, dental, and vision care; critical illness; long-term care; and disability, as well as reinsurance. The company also provides advice for financial planning and retirement planning services; investments products, such as mutual funds, segregated funds, and annuities; and asset and investment management products consisting of pooled funds, institutional portfolios, and pension funds. In addition, it offers real estate services; manages equity capital in various private and listed funds, as well as mezzanine debt, middle market direct lending, high-yield bonds, and syndicated loans; and operates as an investment grade fixed income investor, real estate investment management advisor, infrastructure investment manager, and alternative credit investment manager. The company was formerly known as Sun Life Financial Services of Canada Inc. and changed its name to Sun Life Financial Inc. in July 2003. Sun Life Financial Inc. was founded in 1871 and is headquartered in Toronto, Canada.

Sun Life Financial Inc.

1 York Street, Toronto, ON, Canada, M5J 0B6

Key Executives

Name Title Year Born
Mr. Kevin David Strain C.A., CPA Pres, CEO & Director 1966
Mr. Manjit Singh C.A., CPA Exec. VP & CFO NA
Mr. Stephen Clarkson Peacher CFA Pres of SLC Management 1964
Mr. Daniel Richard Fishbein Pres of Sun Life U.S. NA
Mr. Jacques Goulet Jr. Pres of Sun Life Canada 1966
Ms. Leigh Chalmers Sr. VP and Head of Corp. Fin. & Capital Management NA
Ms. Laura Ann Money Exec. VP, Chief Information & Technology Innovation Officer NA
Yaniv Bitton VP, Head of Investor Relations & Capital Markets NA
Ms. Melissa Jane Kennedy Exec. VP and Chief Legal Officer & Public Affairs 1963
Joe Hanlon Sr. MD & Chief Compliance Officer NA

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