Brookfield Stock Earnings Reports

Brookfield reported a strong start to 2026 with robust distributable earnings (DE) of $1.6 billion for the quarter and $6.0 billion over the last 12 months. Asset Management saw strong fundraising momentum (fee-bearing capital $614B, $67B raised year-to-date including $21B in the quarter) and a notable technology investment monetization (~$120M DE gain). Operating businesses produced stable cash flows with improving real estate fundamentals (Super Core/Core Plus >95% occupied, meaningful rent re-leasing spreads and leasing pipelines), and $17B of asset sales executed in the quarter largely at or above carrying values. Wealth Solutions scaled further with the April acquisition of Just Group (~$40B of assets added), positioning the insurance business near $200B AUM and targeting mid-teens returns via an investment‑led annuity/pension strategy; BWS originated ~$5B of long-dated liabilities in the quarter and targets ~ $25B of new policies for 2026. Capital allocation: BN returned $598M to shareholders in the quarter via dividends and buybacks and has executed >$1B of repurchases year-to-date (BN + BAM). The company is pursuing corporate simplification by combining Brookfield Corporation and Wealth Solutions (BN and BNT boards to review; shareholder votes expected in July). Balance sheet/liquidity remain conservative with $45B financings year‑to‑date across the franchise. Management emphasized secular tailwinds (digitalization/AI infrastructure, decarbonization/energy addition, deglobalization/data sovereignty), the durability of real assets in the current macro environment, and confidence that 2026 will be a record fundraising year and an inflection point for carried interest realizations in H2.