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Brookfield Corporation

09:41 AM EST - Brookfield Corporation : Announced financial results for the year ended December 31, 2022. President Nick Goodman stated, “Financial results were very strong for the year. We generated $5.2 billion of distributable earnings and $5.2 billion of net income. Our results were driven by growth in our asset management franchise, the continued ramp-up in earnings from our insurance solutions business, and the resilience of our inflation-protected and highly cash generative global portfolio of real assets. We ended the year with approximately $125 billion of deployable capital as we look for new investment opportunities to enhance returns and further diversify our business.” Brookfield Corporation shares T.BN are trading unchanged at $9.42.