Brookfield Wealth Solutions (BNT) Restructuring Costs (2021 - 2023)
Brookfield Wealth Solutions (BNT) posted Restructuring Costs of $24.0 million for Q4 2023, up 380.0% sequentially from $5.0 million in Q2 2023, and up 380.0% YoY from $5.0 million in Q4 2022.
Brookfield Wealth Solutions (BNT) Restructuring Costs (2021 - 2023) Analysis & Trends
Brookfield Wealth Solutions has reported Restructuring Costs for 3 years, with the latest figure at $24.0 million in Q4 2023.
- Quarterly Restructuring Costs rose 380.0% year-over-year to $24.0 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was $38.0 million (up 15.15% YoY) and the FY2023 annual result came in at $40.0 million, up 29.03% from the prior year.
- Restructuring Costs improved to $24.0 million in Q4 2023 per BNT's latest filing, from $5.0 million in the prior quarter.
- Over five years, Restructuring Costs peaked at $24.0 million in Q2 2022 and troughed at $26.0 in Q3 2022.
- A 3-year average of $8.6 million and a median of $4.5 million in 2022 frame the typical range for Restructuring Costs.
- The widest YoY moves for Restructuring Costs: up 380.0% in 2023, down 79.17% in 2023.
- Over 3 years, Restructuring Costs stood at $3.0 million in 2021, then soared by 66.67% to $5.0 million in 2022, then soared by 380.0% to $24.0 million in 2023.
- According to Business Quant data, Restructuring Costs over the past three periods registered $24.0 million, $5.0 million, and $4.0 million for Q4 2023, Q2 2023, and Q1 2023 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Berkshire Hathaway | 1,070.84 Bn | 743.86 Bn | 55.86 Bn |
| 2 | Sun Life Financial | 43.38 Bn | 32.15 Bn | - |
| 3 | American International | 40.15 Bn | 2.33 Bn | 3.50 Bn |
| 4 | Hartford Insurance | 37.52 Bn | 21.20 Bn | 3.18 Bn |
| 5 | Arch Capital | 34.10 Bn | 32.99 Bn | 2.47 Bn |
| 6 | Aegon | 28.26 Bn | 28.26 Bn | - |
| 7 | Pelagos Insurance Capital | 2.02 Bn | 1.57 Bn | 357.40 Mn |
| 8 | Exzeo | 1.42 Bn | 1.29 Bn | 36.84 Mn |
| 9 | International General Insurance Holdings | 1.14 Bn | 901.84 Mn | -5.60 Mn |
| 10 | Brookfield Wealth Solutions | 101.19 Mn | -13.12 Bn | 1.92 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 24.00 Mn |
| Jun 30, 2023 | 5.00 Mn |
| Mar 31, 2023 | 4.00 Mn |
| Dec 31, 2022 | 5.00 Mn |
| Sep 30, 2022 | 26.00 |
| Jun 30, 2022 | 24.00 Mn |
| Mar 31, 2022 | 4.00 Mn |
| Dec 31, 2021 | 3.00 Mn |