MergerMay 15, 2026, 05:08 PM
Brookfield Corp to Combine with Wealth Solutions; Q1 Net Income $1.04B
AI Summary
Brookfield Corporation announced strong Q1 2026 results, with net income soaring to $1.04 billion and revenues growing to $18.58 billion. The company also revealed plans to combine Brookfield Corporation and its Wealth Solutions business to simplify the organizational structure and enhance its capital base for future growth. This strategic move follows significant capital raising of $67 billion and over $1 billion in share repurchases, positioning Brookfield with nearly $200 billion in deployable capital.
Key Highlights
- Brookfield Corp plans to combine with its Wealth Solutions business to simplify structure and enhance capital.
- Q1 2026 net income surged to $1,042 million from $215 million in Q1 2025, a 384.7% increase.
- Revenues for Q1 2026 increased to $18,580 million from $17,944 million in Q1 2025.
- Distributable earnings for Q1 2026 were $1,550 million, stable compared to $1,549 million in Q1 2025.
- Diluted net income per share rose to $0.03 in Q1 2026 from $0.01 in Q1 2025.
- Dividends per share increased to $0.07 in Q1 2026 from $0.06 in Q1 2025.
- Raised $67 billion since last quarter, including $44 billion in insurance capital.
- Repurchased over $1 billion in shares, including $470 million of BN shares.
Price Impact
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