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Research Alert: Brookfield Corporation Reports Distributable Earnings Beat In Q1 2026

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CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:

BN, one of the largest ALT firms, delivered Q1 2026 results with distributable earnings of $0.66 per share vs. consensus of $0.63, up from $0.65 a year ago. Asset Management showed robust performance with fee-bearing capital rising 12% to $614B and DE growing 12% to $765M, driven by $21B in Q1 fundraising. BN continues expanding technology investments with $2B in SpaceX shares and strategic energy partnerships, including $80B of nuclear plants through Westinghouse. Management expects to close its seventh vintage flagship private equity strategy soon, while the planned BN-BNT combination should enhance capital efficiency. BN maintains $188B of deployable capital, including $74B of cash and financial assets plus $114B of uncalled commitments. The company has $11.8B of accumulated unrealized carried interest positioned for realization. Just Group acquisition is expected to increase insurance assets to $180B, while BN returned $1.45B to shareholders through $878M in repurchases and $574M in dividends.

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Research Alert: Ccl Industries: Q1 Beats Estimates, Aluminum And Energy Costs Pressure Margins

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:CCL Industries posted Q1 2026 adjusted EPS of CAD1.20 vs. CAD1.17 consensus, though the beat was mechanical from buybacks rather than fundamental acceleration. Sales grew 2.8% to CAD1,939M vs. CAD1,925M consensus on 1.9% organic growth, while operating income was flat at CAD317.5M but beat the CAD299M estimate. The print removes downside risk but does not change the earnings trajectory, with limited catalyst for expansion absent margin recovery at Checkpoint and Innovia. Management expects the Pennsylvania aluminum facility to return to full operation in Q2 following equipment outages. The core CCL segment delivered 3.1% organic sales growth and 5.2% operating income increase to CAD210.8M despite capacity constraints. Geographically, mid-teens APAC growth and mid-single-digit Europe/Latin America growth offset single-digit North America declines from soft consumer markets. The balance sheet remains strong, with 0.85x leverage and CAD1B cash, supporting CAD130M in capital returns during the quarter.

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Research Alert: Strength In Asia Paced Manulife Financial's Q1 Results

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:MFC posted Q1 core EPS of CAD1.06 versus CAD0.99 prior year, missing our CAD1.10 estimate and CAD1.09 consensus view despite 11% Y/Y growth. Net income surged to CAD1.147B from CAD485M, due to lower market experience charges and underlying business growth. We are encouraged by these results, particularly Asia's standout performance, with core earnings up 22% to CAD820M, APE sales up 11%, and NBV up 15%, reinforcing the region as MFC's key growth engine. Management's call is scheduled for 8 a.m. EST tomorrow to provide additional color and outlook for 2026 amid macroeconomic uncertainty. Global WAM delivered core earnings of CAD448M, up 2% on constant currency, with EBITDA margin improving 60 bps to 29.0% despite eMPF transition headwinds. MFC maintained strong capital metrics with LICAT ratio of 136% and returned CAD1.2B to shareholders through dividends and buybacks, while book value per share reached an all-time high of CAD26.30.

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Research Alert: Strength In Asia Paced Manulife Financial's Q1 Results

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:MFC posted Q1 core EPS of CAD1.06 versus CAD0.99 prior year, missing our CAD1.10 estimate and CAD1.09 consensus view despite 11% Y/Y growth. Net income surged to CAD1.147B from CAD485M, due to lower market experience charges and underlying business growth. We are encouraged by these results, particularly Asia's standout performance, with core earnings up 22% to CAD820M, APE sales up 11%, and NBV up 15%, reinforcing the region as MFC's key growth engine. Management's call is scheduled for 8 a.m. EST tomorrow to provide additional color and outlook for 2026 amid macroeconomic uncertainty. Global WAM delivered core earnings of CAD448M, up 2% on constant currency, with EBITDA margin improving 60 bps to 29.0% despite eMPF transition headwinds. MFC maintained strong capital metrics with LICAT ratio of 136% and returned CAD1.2B to shareholders through dividends and buybacks, while book value per share reached an all-time high of CAD26.30.

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