Brookfield Wealth Solutions Ltd Dossier
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SectorFinancials IndustryInsurance - Diversified Beta (adjusted)1.42 Intrinsic Value $19.27median of 2 methodsbased on filings through 31 Dec 2025 Market Price $36.35Price as of 1 Oct 2026 OvervaluedIntrinsic value is 47% below the market price −50% · IV below pricenear fair value ±15%IV above price · +50% Data confidence Sign in to view data confidence Market Cap $10B Shares Outstanding 274.4M diluted Next Earnings Date12 Nov 2026 Last ex-dividend15 Jun 2026 All prices and values are periodic snapshots, not live quotes. Source dates are shown for reference. ThesisStreet consensus, scenarios, merits, risks, and invalidation triggers Thesis Summary Brookfield Wealth Solutions entered the second half of 2026 with substantial scale and improving non-GAAP operating earnings: June 30 total assets were $205.704 billion and second-quarter distributable operating earnings were $488 million, compared with $398 million a year earlier. The completed Just Group acquisition broadened the international retirement platform, but reported GAAP results remained exposed to unrealized market movements. The principal security-specific catalyst is now the approved corporate simplification: BNT is expected to be delisted upon completion and shareholders will receive securities of the new BN parent. This section is the 12-month view: analyst targets and the probability-weighted scenarios built from them. The intrinsic value at the top of this page answers a different question: what the business is worth today. Our research · scenarios, merits, risks, and invalidation triggersResearch as of 2 Sep 2026 Scenarios · 12-month scenario targets Bear CaseDownside scenario Regulatory approvals delay the simplification beyond year-end, integration benefits from Just Group develop more slowly than expected, or market-value movements continue to obscure operating progress. A reversal of second-quarter distributable-operating-earnings improvement would weaken the fundamental case while shareholders remain exposed to transaction-timing uncertainty. Base CaseCentral scenario The corporate simplification closes by year-end, BNT holders transition into the new BN parent, and Wealth Solutions remains a growing contributor supported by Just Group and organic annuity activity. Operating earnings improve over time, while GAAP results continue to fluctuate with unrealized investment and insurance-related marks. Bull CaseUpside scenario The transaction closes by year-end as expected, Just Group integration continues without material disruption, and the enlarged platform sustains second-quarter operating momentum. Total assets above $200 billion, $5 billion of quarterly annuity sales and higher investment income provide a foundation for continued distributable-operating-earnings growth. Key Investment Merits
Key Investment Risks
All scenarios are estimates and subject to change. Past performance is not indicative of future results. Quality Pillars MembersThis section is available to registered members. Create a free account or sign in to unlock the full breakdown. Explore this dossierValuationIntrinsic value, the six-method breakdown, peer medians, and your assumptions sandbox.Financial SnapshotRevenue, profitability, returns, balance sheet, dividends, and the filing-level detail.Qualitative AnalysisBusiness overview, strategic initiatives, and mergers, acquisitions & partnerships.Outlook & Key DatesForward estimates, reporting calendar, and the monitoring framework. |