Brown & Brown Inc. (BRO) has been showing a strong financial performance reflected in the company’s Q3 2024 earnings report, exhibiting total revenues of $1.2 billion, a rise of 11.0%. The insurance broker's consistent financial health has led to an extension in its Military Friendly® Employment Recognition due to its relentless support for veterans. A number of senior leadership appointments have been made, contributing to the strengthening of the leadership core. Being regarded as an attractive investment prospect, Brown & Brown has been upgraded to Buy. The company also continues to expand its asset portfolio, with significant acquisitions including the assets of The Canopy Group, CHAPP Inc., Citrus Insurance Services, and DealerMax.
Cylinders has partnered with Brown & Brown paving the way for access to Digestive Health Solutions. Brown & Brown has also entered into the acquisition agreements with Quintes Holding B.V. and Caton-Hosey Insurance. Looking at the five-year performance, investment in Brown & Brown has delivered a 176% gain. Notably, the company has a solid institutional shareholder base owning 73% of the company.
Brown Brown BRO News Analytics from Fri, 30 Nov 2018 20:20:08 GMT to Fri, 15 Nov 2024 12:56:36 GMT - Rating 8 - Innovation 6 - Information 8 - Rumor 2
