BNT vs. MFC: Brookfield Wealth vs. Manulife Financial Stock Comparison
How do Brookfield Wealth (BNT) and Manulife Financial (MFC) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Brookfield Wealth (BNT) and Manulife Financial (MFC) are both classified in the Life & Health Insurance sub-industry within the broader Insurance industry, placing them in the closest GICS peer bucket.
Manulife Financial (MFC) has more than two decades of public-market history since September 24, 1999, whereas Brookfield Wealth (BNT) listed on June 28, 2021 and has a much shorter record to draw on.
| Profile Item | BNT | MFC |
|---|---|---|
| Name | Brookfield Wealth Solutions Ltd. | Manulife Financial Corporation |
| Country/Region | Bermuda | Canada |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Insurance | Insurance |
| GICS Industry | Insurance | Insurance |
| GICS Sub-Industry | Life & Health Insurance | Life & Health Insurance |
| Market Capitalization | 11.34 billion USD | 71.43 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | June 28, 2021 | September 24, 1999 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BNT | MFC |
|---|---|---|
| Total Return (1Y) | -6.19% | 36.28% |
| Total Return (3Y, Annualized) | 26.23% | 38.35% |
| Total Return (5Y, Annualized) | 0.99% | 22.50% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Manulife Financial (MFC) trades around 1.92M shares per day on average, while Brookfield Wealth (BNT) sees only 15.15K — a volume gap that can matter for position sizing, exit liquidity, and order execution.
| Metric | BNT | MFC |
|---|---|---|
| Volatility (1Y, Annualized) | 28.97% | 20.87% |
| Beta (5Y) | 1.57 | 0.85 |
| Max Drawdown (5Y) | -54.25% | -26.99% |
| Avg. Volume (3M) | 15.15K | 1.92M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BNT | MFC |
|---|---|---|
| Sharpe Ratio (1Y) | -0.36 | 1.53 |
| Sortino Ratio (1Y) | -0.51 | 2.19 |
Profitability
ROE (TTM)
Manulife Financial (MFC) at 12.24% is around its peer norm for ROE, while Brookfield Wealth (BNT) at 1.05% drops into the bottom quartile, signaling weaker returns on shareholders’ equity.
BNT
Insurance industry group
1.05%
- Max
- 41.68%
- Q3
- 22.04%
- Median
- 14.81%
- Q1
- 8.79%
- BNT
- 1.05%
- Min
- -10.66%
MFC
Insurance industry group
12.24%
- Max
- 41.68%
- Q3
- 22.04%
- Median
- 14.81%
- MFC
- 12.24%
- Q1
- 8.79%
- Min
- -10.66%
Net Margin (TTM)
Manulife Financial (MFC) at 18.97% keeps a top-quartile share of each sales dollar as profit, while Brookfield Wealth (BNT) at 1.06% keeps a bottom-quartile share.
BNT
Insurance industry group
1.06%
- Max
- 29.92%
- Q3
- 17.03%
- Median
- 10.97%
- Q1
- 6.21%
- BNT
- 1.06%
- Min
- -4.68%
MFC
Insurance industry group
18.97%
- Max
- 29.92%
- MFC
- 18.97%
- Q3
- 17.03%
- Median
- 10.97%
- Q1
- 6.21%
- Min
- -4.68%
Operating Margin (TTM)
Neither side reports a meaningful operating margin: for Brookfield Wealth (BNT) in Insurance and Manulife Financial (MFC) in Insurance, funding costs are part of the core business, so net margin and ROE are the cleaner profitability reads.
Profitability Metrics
| Metric | BNT | MFC |
|---|---|---|
| ROE (TTM) | 1.05% | 12.24% |
| ROA (TTM) | 0.44% | 0.59% |
| Net Margin (TTM) | 1.06% | 18.97% |
| Operating Margin (TTM) | -- | -- |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
Only one side can be read here: Brookfield Wealth (BNT) reports revenue growth of -20.37%, ranked against its industry; Manulife Financial (MFC) has no revenue growth figure this period.
EPS Growth
Manulife Financial (MFC) at 8.10% is around its peer norm for EPS growth, while Brookfield Wealth (BNT) at -53.90% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | BNT | MFC |
|---|---|---|
| Revenue Growth (YoY) | -20.37% | -- |
| Revenue Growth (3Y CAGR) | 37.72% | 29.95% |
| EPS Growth (YoY) | -53.90% | 8.10% |
| EPS Growth (3Y CAGR) | -39.12% | -5.86% |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Brookfield Wealth (BNT) in Insurance and Manulife Financial (MFC) in Insurance both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.
Debt / Equity (MRQ)
debt-to-equity ratio is set aside for both: Brookfield Wealth (BNT) in Insurance and Manulife Financial (MFC) in Insurance run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.
Financial Strength Metrics
| Metric | BNT | MFC |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
Manulife Financial (MFC) at 4.32% delivers top-quartile income for its industry, while Brookfield Wealth (BNT) at 0.62% pays a more typical yield — both are credible income propositions, MFC the richer one.
BNT
Insurance industry group
0.62%
- Max
- 5.12%
- Q3
- 2.15%
- Median
- 0.98%
- BNT
- 0.62%
- Q1
- 0.00%
- Min
- 0.00%
MFC
Insurance industry group
4.32%
- Max
- 5.12%
- MFC
- 4.32%
- Q3
- 2.15%
- Median
- 0.98%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Brookfield Wealth (BNT) at 30.95% pays out a band-typical share of earnings, while Manulife Financial (MFC) at 54.30% distributes more than its industry norm — less retained, thinner cover.
BNT
Insurance industry group
30.95%
- Max
- 76.67%
- Q3
- 35.18%
- BNT
- 30.95%
- Median
- 14.74%
- Q1
- 0.00%
- Min
- 0.00%
MFC
Insurance industry group
54.30%
- Max
- 76.67%
- MFC
- 54.30%
- Q3
- 35.18%
- Median
- 14.74%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BNT | MFC |
|---|---|---|
| Dividend Yield (TTM) | 0.62% | 4.32% |
| Dividend Payout Ratio (TTM) | 30.95% | 54.30% |
Valuation
P/E Ratio (TTM)
Manulife Financial (MFC) at 17.23 is near its industry’s usual P/E ratio, while Brookfield Wealth (BNT) at 49.19 sits above its peer range — an unusually expensive price for BNT’s trailing earnings.
BNT
Insurance industry group
49.19
- BNT
- 49.19
- Max
- 28.37
- Q3
- 18.75
- Median
- 12.23
- Q1
- 9.08
- Min
- 2.32
MFC
Insurance industry group
17.23
- Max
- 28.37
- Q3
- 18.75
- MFC
- 17.23
- Median
- 12.23
- Q1
- 9.08
- Min
- 2.32
P/S Ratio (TTM)
On P/S ratio, both Brookfield Wealth (BNT) at 0.96 and Manulife Financial (MFC) at 2.11 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
BNT
Insurance industry group
0.96
- Max
- 4.03
- Q3
- 2.25
- Median
- 1.23
- BNT
- 0.96
- Q1
- 0.85
- Min
- 0.07
MFC
Insurance industry group
2.11
- Max
- 4.03
- Q3
- 2.25
- MFC
- 2.11
- Median
- 1.23
- Q1
- 0.85
- Min
- 0.07
P/B Ratio (MRQ)
Brookfield Wealth (BNT) at 0.84 sits in the lower P/B ratio quartile against book while Manulife Financial (MFC) at 2.13 is valued near its industry’s middle — BNT is cheaper on assets, though weigh it against ROE and asset quality.
BNT
Insurance industry group
0.84
- Max
- 5.07
- Q3
- 2.79
- Median
- 1.76
- Q1
- 1.23
- BNT
- 0.84
- Min
- 0.30
MFC
Insurance industry group
2.13
- Max
- 5.07
- Q3
- 2.79
- MFC
- 2.13
- Median
- 1.76
- Q1
- 1.23
- Min
- 0.30
Valuation Metrics
| Metric | BNT | MFC |
|---|---|---|
| P/E Ratio (TTM) | 49.19 | 17.23 |
| P/S Ratio (TTM) | 0.96 | 2.11 |
| P/B Ratio (MRQ) | 0.84 | 2.13 |
| Free Cash Flow Yield (TTM) | -- | -- |