Brookfield Asset Management (NYSE:BAM) Releases Quarterly Earnings Results, Beats Expectations By $0.06 EPS

Brookfield Asset Management (NYSE:BAM) (TSE:BAM.A) announced its quarterly earnings data on Wednesday. The financial services provider reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.06, reports. The business had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.40 billion. Brookfield Asset Management had a net margin of 51.59% and a return on equity of 29.67%.

Here are the key takeaways from Brookfield Asset Management’s conference call:

• Brookfield reported a strong 2025 operating year—$112 billion of capital raised, a record $66 billion invested, $50 billion of equity monetized, fee-bearing capital up 12% to >$600 billion, record fee-related earnings of $3 billion (+22% YoY) and distributable earnings of $2.7 billion (+14% YoY).
• Management expects robust 2026 growth driven by strategic moves—closing the remaining stake in Oaktree, the anticipated Just Group acquisition, and Q4 acquisitions that together add >$200 million of annualized FRE—supporting at‑or‑above long‑term mid‑to‑high‑teens FRE growth.
• Leadership transition formalized as Conor Teskey becomes CEO of Brookfield Asset Management while Bruce Flatt remains chair (and CEO of Brookfield Corporation); management says this is an incremental change with no operational disruption.
• Board increased the quarterly dividend by 15% to $0.50025 per share and the firm ended the year with $3 billion of corporate liquidity and recent bond issuance, though the full ownership of Oaktree will lower consolidated FRE margins even as it is described as accretive.
• Brookfield is aggressively positioning for AI-driven demand with a $100 billion global AI infrastructure program (inaugural $10 billion fund with $5 billion committed) and a $20 billion strategic JV in Qatar, leveraging integrated data‑center and power capabilities to capture large long‑duration offtake contracts.

Brookfield Asset Management Trading Up 1.0%

Shares of Brookfield Asset Management stock traded up $0.51 on Friday, hitting $49.17. 1,274,362 shares of the company’s stock traded hands, compared to its average volume of 2,871,234. The firm’s 50-day moving average price is $52.47 and its two-hundred day moving average price is $55.69. The stock has a market capitalization of $80.54 billion, a PE ratio of 32.33, a price-to-earnings-growth ratio of 2.10 and a beta of 1.40. Brookfield Asset Management has a one year low of $41.78 and a one year high of $64.10. The company has a debt-to-equity ratio of 0.05, a current ratio of 0.97 and a quick ratio of 0.97.

Brookfield Asset Management Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Friday, February 27th will be paid a $0.5025 dividend. The ex-dividend date of this dividend is Friday, February 27th. This is a boost from Brookfield Asset Management’s previous quarterly dividend of $0.44. This represents a $2.01 dividend on an annualized basis and a yield of 4.1%. Brookfield Asset Management’s payout ratio is 109.38%.

Institutional Investors Weigh In On Brookfield Asset Management

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. State Street Corp lifted its stake in Brookfield Asset Management by 11,172.2% in the second quarter. State Street Corp now owns 3,524,700 shares of the financial services provider’s stock valued at $194,845,000 after buying an additional 3,493,431 shares during the period. Bank of America Corp DE increased its stake in shares of Brookfield Asset Management by 6.9% in the 3rd quarter. Bank of America Corp DE now owns 3,173,231 shares of the financial services provider’s stock valued at $180,684,000 after acquiring an additional 204,575 shares during the last quarter. Legal & General Group Plc raised its position in shares of Brookfield Asset Management by 2,834.0% in the 3rd quarter. Legal & General Group Plc now owns 2,365,709 shares of the financial services provider’s stock valued at $134,659,000 after acquiring an additional 2,285,077 shares during the period. Invesco Ltd. boosted its stake in Brookfield Asset Management by 2.3% during the 3rd quarter. Invesco Ltd. now owns 1,909,647 shares of the financial services provider’s stock worth $108,735,000 after acquiring an additional 42,297 shares during the last quarter. Finally, Canada Pension Plan Investment Board grew its holdings in Brookfield Asset Management by 55.0% during the second quarter. Canada Pension Plan Investment Board now owns 1,699,374 shares of the financial services provider’s stock valued at $94,117,000 after purchasing an additional 602,962 shares during the period. Institutional investors own 68.41% of the company’s stock.

Analyst Ratings Changes

BAM has been the topic of several research analyst reports. Scotiabank set a $64.00 price target on shares of Brookfield Asset Management and gave the stock an “outperform” rating in a research report on Thursday. National Bankshares decreased their target price on Brookfield Asset Management from $71.00 to $69.00 and set an “outperform” rating on the stock in a research report on Monday, October 27th. Weiss Ratings restated a “buy (b-)” rating on shares of Brookfield Asset Management in a research note on Monday, December 22nd. BMO Capital Markets upgraded Brookfield Asset Management from a “hold” rating to a “strong-buy” rating in a research report on Thursday. Finally, Keefe, Bruyette & Woods decreased their price target on shares of Brookfield Asset Management from $62.00 to $59.00 and set an “underperform” rating on the stock in a research note on Monday, November 10th. Three investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $64.33.

Brookfield Asset Management Company Profile

Brookfield Asset Management is a global alternative asset manager headquartered in Toronto, Canada, that specializes in investments in real assets and related private equity and credit strategies. The firm acquires, manages and develops assets in sectors such as real estate, renewable power, infrastructure and private equity, seeking long-term value through active asset management and operational improvements. Brookfield structures and manages commingled funds, listed partnerships and separate accounts for institutional and retail investors.

The company’s products and services include fund management across equity and debt strategies, direct asset ownership and operations, property and facilities management, and capital markets solutions.