Brookfield Corp Q1 revenue rises, distributable earnings up 7%

Brookfield

14/05/2026 11:56

Overview

Canada investment firm's Q1 revenue rose yr/yr, net income attributable to shareholders increased

Distributable earnings before realizations grew 7% yr/yr, supported by asset management and wealth solutions

Company repurchased over $1 bln in BN and BAM shares year-to-date

Outlook

Brookfield expects to finalize first close of seventh flagship private equity strategy in coming months

Company advancing plans to combine Brookfield Corporation and insurance business, with board review in coming weeks

Shareholder votes on BN and BNT combination scheduled for July 16, 2026

Result Drivers

ASSET MANAGEMENT GROWTH - Asset management fee-related earnings rose 11% yr/yr, driven by strong institutional fundraising and a 12% increase in fee-bearing capital to $614 bln

WEALTH SOLUTIONS EXPANSION - Wealth solutions delivered strong results, benefiting from robust investment performance and continued expansion of the insurance asset base

OPERATING BUSINESS STABILITY - Operating businesses continued to deliver stable cash flows, supported by infrastructure, energy and private equity, and strong real estate fundamentals

Company press release: ID:nGNX7D3pfP

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$18.58 bln
Q1 EPS
$0.03


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the investment management & fund operators peer group is "buy"

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 16 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)