[ad_1]
President and chief govt 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 govt 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
|
|---|---|---|---|---|
|
Whole revenues
|
$1.1 billion
|
$927.6 million
|
$3.2 billion
|
$2.7 billion
|
|
Earnings earlier than earnings taxes
|
$242.3 million
|
$218 million
|
$791 million
|
$681.8 million
|
|
Internet earnings
|
$175.9 million
|
$161.1 million
|
$601.8 million
|
$526.6 million
|
Commenting on the numbers, the CEO mentioned: “We had one other excellent quarter and are profitable a considerable quantity of internet new enterprise that drove natural income progress of 9.6% for the quarter and over 11% yr to this point.”
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!
[ad_2]
