Sun Life Financial Inc profit rose 56 percent in the first quarter, helped by stronger stock markets and rising bond yields, Canada's No. 3 life insurer said on Thursday.
Sun Life earned C$686 million ($683 million), or C$1.15 a share, compared with a year-before profit of C$438 million, or 73 Canadian cents a share.
Continue Reading Below
The company maintained its quarterly dividend of 36 Canadian cents per share.