Earnings ·
Sun Life Financial Inc. reported second quarter 2026 results with underlying net income of $1,123 million, an 11%…
SUNFFSun Life Financial Inc
Sun Life Financial Inc. reported second quarter 2026 results with underlying net income of $1,123 million, an 11% increase from the prior year period. Reported net income rose 41% to $1,008 million, driven by favorable market impacts and a prior-year impairment charge in U.S. Dental. Underlying earnings per share increased 13% to $2.02, while underlying return on equity reached 19.1%. Assets under management grew 10% year-over-year to $1,696 billion. The company completed the acquisition of Bell Partners Inc., a U.S. multifamily real estate investment manager, and Crescent Capital Group LP closed its largest-ever direct lending fund at US$10.8 billion. Sun Life operates in the international financial services industry, providing asset management, wealth, insurance, and health solutions.