Sun Life Financial's underlying profit rose 3% in Q3 2025, driven by asset management growth, while it raised its dividend by 4.5%.

Sun Life Financial Inc. reported third-quarter 2025 underlying net income of $1.047 billion, a 3% increase from 2024, driven by growth in asset management and wealth, while Health & Protection income declined. Reported net income fell 18% to $1.106 billion. Assets under management reached $1.623 trillion, up 7%. The company raised its quarterly dividend by 4.5% to $0.92 per share, effective December 31, 2025. CEO Kevin Strain cited strong capital strength, a 154% LICAT ratio, and strategic integration of asset management under Tom Murphy as key factors. Results are based on unaudited interim financials prepared under IFRS.