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Article: Sun Life Financial reports record quarterly earnings of $541 million.
- Article from:
- PR Newswire
- Article date:
- October 26, 2006
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Return on Equity increases to 14.4%
TORONTO, Oct. 26 /PRNewswire-FirstCall/ -- Sun Life Financial Inc. (TSX/NYSE: SLF) today announced record earnings of $541 million or $0.94 per share for the quarter ended September 30, 2006. Earnings per share (EPS) were up 14.6% (19.5% in constant currency) over operating EPS(1) in the third quarter of 2005. Return on equity (ROE) grew to 14.4% for the quarter, up from operating ROE(1) of 13.1% in the third quarter of 2005.
"Each of our geographic markets produced impressive earnings growth this quarter, once again demonstrating the strength of our diversified earnings platform," said Donald A. Stewart, Chief ...