Manulife’s chief executive took home almost $15 million in 2019
Net earning reached $5.3 million, rebounding from a net loss in the previous quarter
The corporation earned $401 million during the quarter, down from $478 million a year earlier
Analysts had expected a higher adjusted profit per share
The bank’s rivals all beat analysts’ estimates
The bank’s wealth management division saw net income increase by 10% year over year
The financial institution released its Q4 results on Wednesday
The bank’s Q1 results included a $339-million restructuring charge related to employee severance
The bank recently opened private wealth offices in Dallas and Atlanta
The bank recently announced its exit, or intention to exit, 19 countries