Brookfield Asset Management shares rise after Q4 earnings, CEO transition

BROOKFIELD ASSET MANAGEMENT

04/02/2026 15:34

** Shares of fund operator Brookfield Asset Management BAM.N rise 3.74% to $49.10

** Co posts Q4 distributable earnings of $767 million, up 18% year on year

** Reports Q4 fee related earnings of $867 million, up 28% year on year

** Connor Teskey to succeed Bruce Flatt as BAM CEO

** Nine of 18 analysts rate stock "strong buy" or "buy", 8 "hold" and 1 "strong sell"; their median PT is $62 - data compiled by LSEG

** Including session's move, BAM is down 16% in the last 12 months.

 (Reporting by Pragyan Kalita in Bengaluru)

 ((Pragyan.Kalita@thomsonreuters.com;))