Sun Life Financial Inc. delivered second-quarter 2026 underlying earnings of $1.46 per share, beating the Zacks Consensus Estimate of $1.39 by 5% and rising 13% year over year. Revenues surged 51.9% to $10.09 billion, well above the $6.46 billion consensus, driven by a nearly fourfold jump in net investment income to C$5.52 billion and higher insurance and fee income. Underlying net income rose 11% to C$1.12 billion, with Canada up 23%, the U.S. up 15%, and Asia up 18%. Group insurance sales jumped 27%, individual insurance sales increased 16%, and assets under management rose 10% to C$1.70 trillion. The company maintained a 145% LICAT ratio and reported a 12% increase in total contractual service margin to C$15.3 billion.
Sun Life Financial Inc.Q2 earnings beat estimates on strong insurance growth
Lincoln National Corporation
Manulife Financial Corp
Voya Financial Inc