Investors with an interest in Financial - Miscellaneous Services stocks have likely encountered both Synchrony (SYF) and Brookfield Asset Management (BAM) . But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look.There are plenty of strategies for discovering value stocks, but we have found that pairing a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system produces the best returns. The Zacks Rank is a pro ...

Private equity companies are doing well, with some of them trading at a record high. Brookfield Asset Management (BAM) stock price was trading at $41 on Friday, a few points below its all-time high of $41.21. Similarly, Apollo Global Management shares surged to a record high, helped by the strong performance of its credit business. Carlyle and Blackstone are doing great too.Brookfield’s $100 billion dry powderCopy link to sectionBrookfield Asset Management is one of the biggest companies in the private equi ...

$100 U.S. banknotes being produced on a printing press. scanrail As an investor, there is arguably no news that is better to wake up to in the morning than dividend hikes. After all, it's so simple that all I had to do was live another day and hold onto my shares in great businesses to reap the rewards. I'm far from the most savvy or brilliant person in this community let alone the world, but this is something that even I can do! That's what I think is what makes the dividend growth investing strategy so ap ...

Brookfield Asset Management Ltd. (NYSE:BAM) Q4 2023 Earnings Conference Call February 7, 2024 11:00 AM ET Company Participants Jason Fooks - SVP, IR Bruce Flatt - CEO Connor Teskey - President Bahir Manios - CFO Conference Call Participants Brian Bedell - Deutsche Bank Cherilyn Radbourne - TD Cowen Alexander Blostein - Goldman Sachs Mike Brown - KBW Craig Siegenthaler - Bank of America Nik Priebe - CIBC Capital Markets Kenneth Worthington - J.P. Morgan Mario Saric - Scotiabank Operator Hello, and welcome to ...

Brookfield Asset Management INVESTOR PRESENTATION JANUARY 2024 Brookfield at a Glance We are one of the largest and fastest growing alternative asset managers in the world, distinguished by a 100+ year history of owning and operating real assets and businesses, operating in over 30 countries Renewable Power & Transition Infrastructure Private Equity Real Estate Credit and Insurance Solutions $54B Market Cap $865B Assets Under Management BAM NYSE / TSX Ticker All figures in this presentation are as of Septem ...

Capital Raising and Deployment - Brookfield Asset Management raised $93 billion of capital in 2023, with $37 billion raised in the fourth quarter[5] - The company has $107 billion of dry powder available to deploy as of December 31, 2023[8] - The company deployed $15 billion of capital in the fourth quarter, including $4.5 billion into renewable power and transition platforms[7] Fee-Related and Distributable Earnings - Fee-bearing capital increased to $457 billion at the end of the fourth quarter, up 4% from the prior quarter and 9% over the past year[6] - Distributable earnings for the quarter were $586 million, with fee-related earnings comprising 100% of distributable earnings[3] - Fee-Related Earnings (FRE) for the three months ended December 31, 2023, were $581 million, compared to $576 million in the same period last year[22] - Distributable Earnings (DE) for the three months ended December 31, 2023, were $586 million, compared to $569 million in the same period last year[22] Financial Performance - Brookfield Asset Management's net income for the quarter totaled $95 million[2] - The company's total assets as of December 31, 2023, were $14.29 billion, up from $14.09 billion in 2022[18] - Total revenues for the year ended December 31, 2023, were $4.06 billion, up from $3.63 billion in 2022[19] - Net income for the three months ended December 31, 2023, was $531 million, compared to $613 million in the same period last year[20] - Net income attributable to Brookfield Asset Management for the three months ended December 31, 2023, was $374 million, compared to $504 million in the same period last year[20] - Net income per diluted share for the three months ended December 31, 2023, was $0.23, compared to $0.31 in the same period last year[20] Expenses and Allocations - Total expenses for the three months ended December 31, 2023, were $419 million, compared to $226 million in the same period last year[20] - Carried interest allocations for the three months ended December 31, 2023, were $(203) million, compared to $(297) million in the same period last year[22] - Interest expense paid to related parties for the three months ended December 31, 2023, was $4 million, compared to $21 million in the same period last year[22] - Share of income from equity accounted investments for the three months ended December 31, 2023, was $73 million, compared to $(49) million in the same period last year[20] - Cash taxes for the three months ended December 31, 2023, were $(45) million, compared to $(35) million in the same period last year[22] Dividends and Shareholder Returns - Brookfield Asset Management declared a quarterly dividend of $0.38 per share, representing a 19% increase[13] Strategic Initiatives and Funds - The company launched a multi-billion dollar Catalytic Transition Fund at COP28, with UAE's ALTÉRRA committing up to $1 billion[9] Risk and Forward-Looking Statements - Past performance is not indicative of future results and no guarantee that target returns or growth objectives will be achieved[35][36] - Target returns and growth objectives are based on assumptions that may prove incorrect and actual performance could differ materially[36] - Industry experts may disagree with the assumptions used in presenting target returns and growth objectives[36] - No assurance or warranty is made that target returns or growth objectives will be achieved[36] - Information from third-party sources is believed to be accurate but no representation or warranty is made regarding its completeness or accuracy[37] - Forward-looking statements are based on information available as of the date of the news release and may be affected by new information or future events[34] - Risks, uncertainties, and factors beyond the company's control could adversely affect future results[34] - The company undertakes no obligation to update or revise forward-looking statements unless required by law[34] - Future investments may not be similar to historic investments discussed[35] - Economic conditions or availability of opportunities may impact the achievement of investment strategies or objectives[35]

$93 Billion of Capital Inflows, Prior to AEL Transaction $107 Billion of Dry Powder Available to Deploy BROOKFIELD, NEWS, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management Ltd. (NYSE:BAM, TSX:BAM) today announced financial results for the quarter ended December 31, 2023. Connor Teskey, President of Brookfield Asset Management stated, "We had strong performance in our first year following our listing. We raised $93 billion of capital which, combined with the approximately $50 billion anticipated ...

Investors are always looking for stocks that are poised to beat at earnings season and Brookfield Asset Management Ltd (BAM) may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.That is because Brookfield Asset Management is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. After all, analysts raising estimates right before earnings — with the most up-to-date informatio ...

World's largest private fund dedicated to investing in the net zero economy On track to exceed previous transition fund size BROOKFIELD, NEWS, Feb. 05, 2024 (GLOBE NEWSWIRE) -- Brookfield Asset Management (NYSE:BAM, TSX:BAM) ("Brookfield") announced today that it has raised $10 billion in the first closing of the second Brookfield Global Transition Fund ("BGTF II" or the "Fund"), inclusive of fund commitments and strategic capital from our investor base. The Fund continues to see significant support from b ...

Agreement expected to support 40 percent of AdventHealth's electricity needs BOULDER, Colo., Feb. 1, 2024 /PRNewswire/ -- Scout Clean Energy (Scout), a Colorado based renewable energy developer-owner-operator is pleased to announce they have signed a Virtual Power Purchase Agreement (VPPA) with AdventHealth for a 90-megawatt (MW) portion of Scout's Heart of Texas Wind Farm. This portion of the project is expected to generate 380,000 megawatt-hours (MWh) of renewable electricity annually -- matching approxim ...