Report
Brett Horn, CFA
EUR 101.80 For Business Accounts Only

Sun Life Continues to Perform According to Our Long-Term Expectations

Sun Life Financial's third-quarter reported net income rose to $817 million, up 10.9% year over year. Year to date, reported net income rose to $1.94 billion, a 10.5% improvement year over year. That said, reported results overstated the strength of the quarter. Underlying net income, which nets out the impact of capital markets, rose to $643 million, essentially flat year over year but a sequential decline of 6.7%. Last quarter had a number of market-related headwinds, including interest rate c...
Underlying
Sun Life Financial Inc.

Sun Life Financial is a holding company. Through its subsidiaries, Co. is an international financial services organization providing a range of protection and wealth accumulation products and services to individuals and corporate customers in Canada, the U.S., the U.K., Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam and Bermuda. Co. manages its operations in four business segments: Sun Life Financial Canada, Sun Life Financial United States, MFS Investment Management and Sun Life Financial Asia.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Brett Horn, CFA

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