Brookfield Asset Management (NYSE:BAM) Q4 2025 Earnings call February 04, 2026 10:00 AM ET Speaker4Welcome to the Brookfield Asset Management fourth quarter 2025 earnings call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. To ask a question during this session, you'll need to press star one one on your telephone. You will then hear an automated message advising your hand is raised. To withdraw your question, please pr ...

Brookfield Asset Management Overview BAM is a leading alternative asset manager with a more than 25-year track record of delivering strong, risk-adjusted returns by investing in high-quality assets, forming the backbone of the global economy | Fee-Bearing Capital | $603B | Our Businesses by Fee-Bearing Capital | | | | --- | --- | --- | --- | --- | | | | Infrastructure | | | | | | | $106B | | | Assets Under Management | $1.2T | Renewable Power & Transition | | | | | | $67B | | | | Operating Employees | ~250K ...

Financial Performance - Brookfield Asset Management reported record quarterly fee-related earnings of $867 million, up 28% year-over-year, and distributable earnings of $767 million, up 18% year-over-year[2][10]. - Net income for Q4 2025 was $615 million, with total net income for the year reaching $2.4 billion, marking a significant increase from the previous year[9][28]. - Brookfield's total revenues for 2025 reached $4.8 billion, up from $3.98 billion in 2024, driven by strong management and incentive fee revenues[28]. - Net income for Q4 2025 was $615 million, a decrease of 9.6% from $680 million in Q4 2024[29]. - Fee-related earnings (FRE) increased to $867 million in Q4 2025, up 28.1% from $677 million in Q4 2024[33]. - Distributable earnings (DE) rose to $767 million in Q4 2025, compared to $649 million in Q4 2024, reflecting an 18.2% increase[29]. - Base management and advisory fees reached $873 million in Q4 2025, a 9.9% increase from $794 million in Q4 2024[33]. - Incentive fees surged to $212 million in Q4 2025, doubling from $106 million in Q4 2024[33]. - Total fee revenues for the year ended December 31, 2025, were $5.487 billion, a 16.6% increase from $4.706 billion in 2024[33]. - The company reported a provision for taxes of $299 million in Q4 2025, significantly higher than $129 million in Q4 2024[29]. - Depreciation and amortization expenses increased to $24 million in Q4 2025 from $3 million in Q4 2024[29]. Dividends and Shareholder Returns - Brookfield announced a 15% increase in its quarterly dividend to $0.5025 per share, payable on March 31, 2026[5]. Fundraising and Investments - The company achieved a record fundraising of $35 billion in Q4 2025, totaling $112 billion for the year, with fee-bearing capital growing to over $600 billion, reflecting a 12% year-over-year increase[2][11]. - As of December 31, 2025, Brookfield had $134 billion in uncalled fund commitments, with $63 billion expected to generate approximately $630 million in annual fees once deployed[20]. - Corporate liquidity stood at $3.0 billion, including cash and undrawn capacity on revolving credit[21]. Strategic Initiatives - The company launched a $100 billion global AI infrastructure program, with $5 billion already secured in commitments for the Brookfield AI Infrastructure Fund[14][24]. - Brookfield completed the acquisition of a majority interest in Angel Oak, a leading asset manager with over $10 billion in fee-bearing capital[24]. - The company plans to acquire the remaining 26% of Oaktree for approximately $3.0 billion, expected to close in the first half of 2026[24]. Long-term Focus - The company emphasized its focus on long-term investments in real assets and essential service businesses, managing over $1 trillion in assets[41]. - Shareholders are encouraged to review the detailed financial results and strategy documents available on the company's website[36].

Brookfield Asset Management (BAM) came out with quarterly earnings of $0.47 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.4 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +8.80%. A quarter ago, it was expected that this investment manager would post earnings of $0.4 per share when it actually produced earnings of $0.41, delivering a surprise of +2.5%.Over the last four qua ...

Core Viewpoint - Brookfield Asset Management has appointed Connor Teskey as the new CEO, succeeding Bruce Flatt, who will continue to serve as chairman and CEO of the parent company Brookfield [1] Group 1 - Connor Teskey's appointment marks a significant leadership transition within Brookfield Asset Management [1] - Bruce Flatt, the long-serving CEO, will maintain his role as chairman, indicating a continuity in leadership at the parent company level [1]

Core Insights - Brookfield Asset Management Ltd. reported record financial results for Q4 2025, with $35 billion raised in the quarter and $112 billion for the year, marking the strongest results since its listing [1][5][9] - The company appointed Connor Teskey as CEO, succeeding Bruce Flatt, who will remain as Chair of the Board [2][3] - Fee-related earnings reached $867 million, up 28% year-over-year, while distributable earnings were $767 million, up 18% year-over-year [1][7][8] Financial Performance - Fee-related earnings for Q4 2025 were $867 million, or $0.53 per share, compared to $677 million, or $0.42 per share in Q4 2024 [6][7] - Distributable earnings for Q4 2025 were $767 million, or $0.47 per share, compared to $649 million, or $0.40 per share in Q4 2024 [8][27] - Net income for Q4 2025 was $615 million, down from $680 million in Q4 2024, while total revenues increased to $1.394 billion from $1.063 billion [6][26] Fundraising and Capital Deployment - The company achieved record fundraising of $35 billion in Q4 2025, contributing to a total of $112 billion for the year [1][9] - Fee-bearing capital grew to $603 billion, reflecting a 12% year-over-year increase [9] - Capital deployment reached $13 billion in Q4 2025, with total capital invested for the year at $66 billion, the strongest year ever for the company [9][10] Dividend Increase - The Board declared a quarterly dividend of $0.5025 per share, representing a 15% increase, payable on March 31, 2026 [4][29] Strategic Initiatives - Brookfield launched a $100 billion global AI infrastructure program, with a target of $10 billion in equity commitments, of which $5 billion has already been secured [13][14] - The company announced a strategic partnership with Qatar's national AI company to establish a $20 billion joint venture focused on AI infrastructure [21][14] - Brookfield completed the acquisition of a majority interest in Angel Oak, an asset manager focused on specialty mortgage and consumer credit solutions [21][14]

Investors interested in stocks from the Financial - Miscellaneous Services sector have probably already heard of Bread Financial Holdings (BFH) 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.The best way to find great value stocks is to pair a strong Zacks Rank with an impressive grade in the Value category of our Style Scores system. The Zacks Rank favors stocks with strong earnings estimate revi ...

Core Insights - Equinox Payments has launched the Luxe 6700x payment solution, emphasizing its commitment to providing comprehensive and seamless payment solutions supported by exceptional service and support [1] Group 1: Product Launch - The Luxe 6700x is designed for modern connected retail environments, showcasing Equinox's holistic approach to addressing payment challenges [1] - The new payment solution adheres to the highest security standards, reinforcing the company's focus on security in payment processing [1]

Group 1 - Brookfield Asset Management Ltd. will host its fourth quarter and full year 2025 conference call and webcast on February 4, 2026, at 10:00 a.m. ET [1] - Results for the fourth quarter and full year 2025 will be released on the same day prior to 7:00 a.m. ET and will be accessible on the company's website [1] - Brookfield Asset Management is a leading global alternative asset manager with over $1 trillion in assets under management across various sectors including infrastructure, renewable power, private equity, real estate, and credit [1] Group 2 - The company focuses on long-term investments in real assets and essential service businesses that are critical to the global economy [1] - Brookfield offers a range of alternative investment products to a diverse clientele, including public and private pension plans, endowments, sovereign wealth funds, and private wealth investors [1] - The firm leverages its heritage as an owner and operator to generate strong returns for clients across different economic cycles [1]

Group 1 - The author is an electromechanical engineer with experience in automotive, IT infrastructure, and medical device industries, aiming to provide technical breakdowns on company products and share industry experiences [1] - The focus is on delivering insights into current engineering trends and real-world product knowledge, which can benefit investors conducting research [1] - The author identifies as a long-term buy-and-hold investor, seeking investments with strong cash flows and a growing passive income stream or significant R&D investments [1]