Brookfield Asset Management (BAM) Tops Q1 FFO by 21c

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Go back to Brookfield Asset Management (BAM) Tops Q1 FFO by 21c

Brookfield Asset Management Reports First Quarter 2019 Net Income and FFO

May 9, 2019 6:55 AM EDT

Net Income of $1.3 billion or $0.58 per shareFFO of $1.1 billion or $1.04 per share

BROOKFIELD, News, May 09, 2019 (GLOBE NEWSWIRE) -- Brookfield Asset Management Inc. (NYSE: BAM, TSX: BAM.A, Euronext: BAMA) today announced financial results for the quarter ended March 31, 2019.

Bruce Flatt, CEO of Brookfield, stated, We have had a strong start to 2019. In addition to announcing our agreement to acquire 62% of Oaktree Capital Management, our other businesses were active in committing or closing on a number of new transactions and progressing those... More