{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Earnings Debate","title":"Brookfield Corporation (BN) Announced Q2 2026 Earnings on August 13, 2026, Reporting \"Distributable earnings before realizations increased 15% year-over-year to $1.4 billion in the quarter\"","html":"","width":"100%","height":180,"duration":1118,"description":"Brookfield Corporation reported that distributable earnings before realizations increased 15% year-over-year to $1.4 billion in the quarter and $5.7 billion for the last 12 months.\nTotal distributable earnings, including realizations, were $1.5 billion or $0.66 per share for the quarter and $6.2 billion or $2.61 per share over the last 12 months.\nThe asset management business generated distributable earnings of $740 million or $0.31 per share in the quarter, while the Wealth Solutions business generated distributable earnings of $480 million or $0.20 per share in the quarter, representing an increase of 23% compared to the prior year quarter.\nThe operating businesses delivered distributable earnings of $361 million or $0.15 per share in the quarter.\nFundraising in the quarter reached a record $77 billion, and fee-bearing capital ended the quarter at $672 billion.\nDuring the first half of the year, the company raised $98 billion of capital, deployed $100 billion into opportunities, monetized $40 billion of assets, and completed $130 billion of financings.\nManagement highlighted several strategic transactions, including the acquisition of Just Group in the United Kingdom, which increased total insurance assets to over $190 billion.\nShareholders approved a capital structure simplification transaction at the annual meeting on July 16, which is intended to bring the company's insurance and investment capabilities together.\nFurthermore, Brookfield completed the acquisition of Oaktree in July, which management stated makes their credit business \"one of the most comprehensive globally.\"In terms of new business partnerships and initiatives, management discussed a partnership with the United States Department of Energy to build an AI factory campus in Kentucky, where Brookfield was selected to repurpose a federally-owned industrial site.\nThe company also signed a memorandum of understanding with NVIDIA to launch a compute financing platform.\nFor the Wealth Solutions...","thumbnail_url":"https://img.transistorcdn.com/xJuh_6koFF8CKKFzV-oIB_PzOA86GyxN802qWUMHjC4/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS80ODli/Mjg2OGQ5YjVkMzU2/Yjg0NzMxNTJiZGRj/NzFjOC5qcGVn.webp","thumbnail_width":300,"thumbnail_height":300}