Financial results and reports

Financial performance

View the latest quarterly and annual financial information to keep up to date on Sun Life results.

Financial performance

View the latest quarterly and annual financial information to keep up to date on Sun Life results.

Quarterly results

Review financial results for the most recently ended quarter and past quarters.

Quarterly results

Quarterly reports archive

Annual reports

Read about our financial performance and achievements as well as our strategy for the future.

2020 annual report

IFRS 17 Information

Review or download Sun Life documents, presentations, and reference materials regarding the adoption of the IFRS 17 accounting standard.

IFRS 17 Information

Financial highlights

  Q4 2022 Q3 2022 Q4 2021 Full Year 2022 Full Year 2021
Reported net income ($ millions) 951 466 1,078 3,060 3,934
Underlying net income ($ millions)2 990 949 898 3,674 3,533
Diluted reported EPS ($) 1.62 0.80 1.83 5.21 6.69
Diluted underlying EPS ($)2 1.69 1.62 1.53 6.27 6.03
Reported ROE2 15.1% 7.6% 18.0% 12.5% 17.1%
Underlying ROE2 15.7% 15.5% 15.0% 15.1% 15.4%
SLF Inc. LICAT ratio3 130% 129% 145% 130% 145%
Assets under management ($ billions)2 1,326 1,275 1,445 1,326 1,445
Number of common shares outstanding (in millions) 586.4 586.1 586.0 586.4 586.0
Dividend per common share ($) 0.72 0.69 0.66 2.76 2.31

1 All numbers are: unaudited, impacted by rounding, and in Canadian dollars, unless otherwise noted.

2 Represents a non-IFRS financial measure. Refer to the Non-IFRS Financial Measures section in our MD&A for the period ended December 31, 2022.

3 Life Insurance Capital Adequacy Test (“LICAT”) ratio of SLF Inc.; our LICAT ratios are calculated in accordance with OSFI-mandated guideline, Life Insurance Capital Adequacy Test.