Brown & Brown (BRO) Declares $0.1025 Quarterly Dividend; 0.6% Yield
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Brown & Brown (BRO) Reports Q4 Revenue of $738.5M, Adjusted EPS of $0.42
January 24, 2022 5:04 PM ESTBrown & Brown, Inc. (NYSE: BRO) today announced its unaudited financial results for the fourth quarter and full year of 2021.
Revenues for the fourth quarter of 2021 under U.S. generally accepted accounting principles ("GAAP") were $738.5 million, increasing $96.4 million, or 15.0%, compared to the fourth quarter of the prior year, with commissions and fees increasing by 15.3% and Organic Revenue(1) increasing by 9.0%. Net income was $101.7 million, increasing $4.4 million, or 4.5%, and diluted net income per share increased to $0.36, or 5.9% as compared to the fourth quarter of the prior year. Diluted Net Income Per Share -... More
