Welcome to our dedicated news page for Brown & Brown (Ticker: BRO), a resource for investors and traders seeking the latest updates and insights on Brown & Brown.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Brown & Brown's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Brown & Brown's position in the market.
Rhea-AI Summary
Brown & Brown, Inc. announced its first quarter 2024 results with total revenues of $1,258 million, a 12.7% increase, organic revenue growth of 8.6%, diluted net income per share of $1.02, and a quarterly dividend of $0.13 per share. The company reported increased income before income taxes, EBITDAC, and EBITDAC Margin - Adjusted, with net income reaching $293 million, a 24.2% increase compared to the prior year.
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End-of-Day
0.52%
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Brown & Brown, Inc. (NYSE: BRO) acquires CHAPP and Citrus Insurance assets, expanding risk management services in Florida and the U.S. The agencies, founded in 1976, offer insurance solutions for agricultural businesses. The acquisition aims to enhance capabilities and provide innovative risk solutions.
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-0.02%
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Brown & Brown, Inc. appoints David Putz and Niels Seebeck to the senior leadership team to drive business growth in the insurance solutions sector. Putz brings 25 years of experience from Zurich Insurance, while Seebeck has over 20 years of expertise in property insurance.
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-0.94%
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Brown & Brown, Inc. (BRO) will release its 2024 first-quarter earnings on April 22, 2024. The investor update conference call will be hosted by the company's CEO and CFO on April 23, 2024. The call will be broadcast live on the company's website.
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-1.39%
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Brown & Brown, Inc. (BRO) acquires DealerMax assets to enhance automotive F&I services. DealerMax, founded in 1982, joins BBDS team in Pennsylvania under Jim Maxim, Jr.'s leadership. The acquisition aims to boost F&I department success through tailored offerings and training.
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-0.45%
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Brown & Brown, Inc. (BRO) acquires Hillco Insurance assets in Dallas, expanding its insurance solutions. The acquisition aims to enhance services for personal and commercial insurance needs in the Texas market, led by founder Hunter Hill.
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1.2%
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Brown & Brown, Inc. (NYSE:BRO) reported impressive unaudited financial results for the fourth quarter and full year of 2023. Revenues for Q4 2023 were $1,026.2 million, a 13.8% increase from the prior year, with net income jumping 85.0%. For the full year, revenues were $4,257.1 million, marking a 19.1% increase from 2022. The Company also announced a new alignment of its businesses and a goal to reach $8 billion in revenue.
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4.81%
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Brown & Brown, Inc. (NYSE: BRO) appoints Kathleen A. Savio, former chief transformation officer of Zurich Insurance Group, to its board of directors. Savio's extensive experience and leadership abilities are expected to contribute to the company's growth and long-term value creation for shareholders.
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-0.43%
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Brown & Brown, Inc. (BRO) has declared a regular quarterly cash dividend of $0.13 per share, payable on February 14, 2024, to shareholders of record on February 2, 2024.
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Brown & Brown, Inc. (NYSE: BRO) will release its 2023 fourth-quarter earnings on Monday, January 22, 2024, after the close of the market. President and CEO J. Powell Brown and CFO R. Andrew Watts will host an investor update conference call on Tuesday, January 23, 2024, to discuss the financial results, which will be broadcast live on the company's website at 8:00 a.m. EST.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.84%
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Brown & Brown, Inc.
NYSE:BRO
BRO Rankings
BRO Stock Data
23.09B
222.15M
16.35%
74.14%
0.91%
Insurance Agencies and Brokerages
Finance and Insurance
US
Daytona Beach
About BRO
brown & brown is an independent insurance intermediary that, through its licensed subsidiaries, provides a variety of insurance products and services to corporate, public entity, institutional, trade, professional, association and individual clients. becoming a teammate at brown & brown insurance introduces you to a career with virtually unlimited possibilities. our unique corporate culture rewards self-starters and hard workers who adhere to our commitment to do what is best for our clients. with brown & brown you will get the training, the mentoring and the tools you need to succeed. headquartered in daytona beach, we are located all across the united states, with products and services offered through four major business divisions. we are listed on the nyse at bro. our corporate culture is built on vision, speed, agility and strength that allows us to thrive in the very competitive insurance environment. this unique culture has enabled us to quickly chase down new opportunities, adap