Brookfield Corporation Reports Strong Third Quarter Results

Core Insights - Brookfield Corporation reported strong financial results for Q3 2025, with significant growth in distributable earnings and record deployable capital [2][5][13] - The company achieved distributable earnings before realizations of $5.4 billion ($2.27 per share) over the last twelve months, representing an 18% increase year-over-year [1][8] - The asset management business saw record fee-related earnings of $754 million, a 17% increase from the prior year [6][14] Financial Performance - Total consolidated net income for the quarter was $284 million, with net income attributable to Brookfield shareholders at $219 million [4][24] - Distributable earnings for the quarter were $1.5 billion ($0.63 per share), up from $1.3 billion in the same period last year [8][21] - The wealth solutions business reported a 15% year-over-year increase in distributable earnings, reaching $1.7 billion over the last twelve months [6][20] Capital Deployment - The company ended the quarter with a record $178 billion of deployable capital, including $74 billion in cash and financial assets [13][17] - Brookfield executed $140 billion of financings in 2025, highlighting strong investor demand and capital market support [17][30] Strategic Initiatives - Brookfield announced an agreement to acquire the remaining 26% interest in Oaktree, enhancing its global credit platform [14][30] - The company is expanding its wealth solutions business globally, marking significant milestones in its growth strategy [2][6] Operating Highlights - Operating businesses generated resilient cash flows, with total earnings from realizations of $642 million over the last twelve months [7][12] - The real estate portfolio maintained strong occupancy rates, with super core assets at 96% and core plus portfolio at 95% [14][30] Shareholder Returns - The Board declared a quarterly dividend of $0.06 per share, consistent with the previous quarter [15][28] - Year-to-date, the company returned $180 million to shareholders through dividends and share repurchases [17][30]