Brookfield Corporation Reports Record Distributable Earnings Before Realizations of $5.4 billion

Core Insights - Brookfield Corporation reported strong financial results for the year ended December 31, 2025, with significant inflows and growth across its asset management and wealth solutions businesses [2][5] - The company achieved record monetizations of $91 billion and deployed $126 billion of capital, while also repurchasing over $1 billion of shares [2][17] - A quarterly dividend was raised by 17% to $0.07 per share, reflecting the company's commitment to returning value to shareholders [7] Financial Performance - Total net income for the fourth quarter was $1.7 billion, with net income attributable to Brookfield shareholders at $743 million [4][21] - Distributable earnings before realizations increased by 11% year-over-year, reaching $1.5 billion for the quarter and $5.4 billion for the year [3][8] - Total distributable earnings for the quarter were $1.6 billion ($0.67/share) and $6.0 billion ($2.54/share) for the year [6][8] Asset Management - The asset management segment delivered record distributable earnings, with fee-bearing capital increasing to $603 billion and fee-related earnings rising by 22% to $3.0 billion [5][13] - Fundraising efforts totaled $112 billion for the year, driven by strong performance across various investment strategies [13] Wealth Solutions - Wealth solutions reported a 24% increase in distributable earnings compared to the previous year, supported by strong investment performance and growth in insurance assets [5][13] - Retail and institutional annuity sales reached $20 billion, increasing insurance assets to $143 billion [13] Operating Businesses - Operating businesses generated resilient cash flows, with earnings from realizations amounting to $88 million for the quarter and $622 million for the year [6][12] - The company maintained strong occupancy rates in its real estate portfolio, with super core assets at 96% occupancy [13] Capital Deployment - Brookfield ended the year with a record $188 billion of deployable capital, including $77 billion in cash and financial assets [14][17] - The company executed approximately $175 billion of financings, demonstrating strong access to capital markets [17]