Aug 5 (Reuters) - Manulife Financial Corp MFC.TO :
* MANULIFE REPORTS 2Q20 NET INCOME OF $0.7 BILLION, CORE EARNINGS OF $1.6 BILLION, A STRONG LICAT CAPITAL RATIO OF 155%, AND AN EXPENSE EFFICIENCY RATIO OF 48.9%
* Q2 SALES FELL 15 PERCENT TO C$1.2 BILLION
* CORE ROE OF 12.2% AND ROE OF 5.5% IN 2Q20
* QTRLY DILUTED CORE EARNINGS PER COMMON SHARE $0.78
* QUARTER-END WEALTH AND ASSET MANAGEMENT ASSETS UNDER MANAGEMENT AND ADMINISTRATION $696.9 BILLION
* REPORTED GLOBAL WEALTH AND ASSET MANAGEMENT NET INFLOWS OF $5.1 BILLION IN 2Q20, COMPARED WITH NEUTRAL NET FLOWS IN 2Q19
* ANNUALIZED PREMIUM EQUIVALENT ("APE") SALES OF $1.2 BILLION IN 2Q20, A DECREASE OF 15% COMPARED WITH 2Q19
* ESTIMATE A Q3 POST-TAX CHARGE OF ABOUT $200 MILLION FOR ANNUAL REVIEW OF ACTUARIAL METHODS AND ASSUMPTIONS
* QTRLY DILUTED EARNINGS PER COMMON SHARE $0.35
* Q2 EARNINGS PER SHARE VIEW C$0.62 -- REFINITIV IBES DATA