President and chief government cites “one other excellent quarter”
Insurance coverage brokerage Brown & Brown, Inc. has introduced its monetary outcomes for the third quarter of 2023 – a interval described by president and chief government J. Powell Brown as excellent.
Right here’s how Brown & Brown carried out within the three months and 9 months ended September 30:
|
Metric
|
Q3 2023
|
Q3 2022
|
9M 2023
|
9M 2022
|
|---|---|---|---|---|
|
Complete revenues
|
$1.1 billion
|
$927.6 million
|
$3.2 billion
|
$2.7 billion
|
|
Earnings earlier than revenue taxes
|
$242.3 million
|
$218 million
|
$791 million
|
$681.8 million
|
|
Internet revenue
|
$175.9 million
|
$161.1 million
|
$601.8 million
|
$526.6 million
|
Commenting on the numbers, the CEO stated: “We had one other excellent quarter and are successful a considerable quantity of internet new enterprise that drove natural income development of 9.6% for the quarter and over 11% yr so far.”
Earlier this month, the corporate introduced that its board of administrators declared a common quarterly money dividend of $0.13 per share, payable on November 15.
What do you consider this story? Share your ideas within the feedback beneath.
Associated Tales
Sustain with the newest information and occasions
Be part of our mailing checklist, it’s free!
