---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-26-003183"
form_type: "8-K"
ticker: "BAM"
cik: "0001937926"
company_name: "Brookfield Asset Management Ltd."
filed_at: "2026-05-08T23:59:59+00:00"
generated_at: "2026-05-14T21:12:50.563095+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BAM Q1 FRE up 11% to $772M; fundraised $21B in quarter, $67B YTD

## Summary
- Fee-related earnings (FRE) of $772M, up 11% YoY; distributable earnings $702M, up 7%.
- Net income $586M; declared quarterly dividend $0.5025/share, payable June 30.
- Raised $21B in Q1, $67B YTD including Just Group mandate ($40B fee-bearing capital).
- Repurchased $375M of shares in Q1; $575M YTD; issued $1B senior notes post-quarter.
- Fee-bearing capital grew 12% YoY to $614B; $137B uncalled commitments.

## SEC filing metadata
- accession: 0001171843-26-003183
- form_type: 8-K
- ticker: BAM
- cik: 0001937926
- company_name: Brookfield Asset Management Ltd.
- filed_at: 2026-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1937926/000117184326003183/0001171843-26-003183-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1937926/000117184326003183/f8k_050826.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-26-003183
- JSON: https://secwatch.observer/filing/0001171843-26-003183.json
- Plain text: https://secwatch.observer/filing/0001171843-26-003183.txt

## Source-grounded claims
- claim_id: 8445b975f82bdae2d0cabb346f62945322bb6044
  claim: Brookfield Asset Management Ltd. reported First Quarter 2026 results: revenue $772 million, net income $586 million, EPS $0.48.
  evidence_excerpt: Financial Results In the first quarter, we delivered strong results, driven by capital inflows and deployment of capital. Unaudited Three Months Ended Twelve Months Ended For the periods ended March 31 March 31 March 31 March 31 (US$ millions, except per share amounts) 2026 2025 2026 2025 Fee-related earnings 1 $ 772 $ 698 $ 3,069 $ 2,602 Fee-related earnings per share $ 0.48 $ 0.43 $ 1.89 $ 1.60 Distributable earnings 1 $ 702 $ 654 $ 2,743 $ 2,470 Distributable earnings per share $ 0.43 $ 0.40 $ 1.69 $ 1.51 Net income $ 586 $ 507 $ 2,477 $ 2,242 See endnotes Net income was $586 million in the quarter and $2.5 billion over the last twelve months. Fee-related earnings (“FRE”) increased 11% to $772 million or $0.48 per share for the quarter and 18% to $3.1 billion, or $1.89 per share over the last twelve months. Distributable earnings (“DE”) were $702 million, or $0.43 per share in the quarter and $2.7 billion, or $1.69 per share over the last twelve months, up 7% and 11%, respectively.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1937926/000117184326003183/0001171843-26-003183-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
