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Brown & Brown (BRO) Stock News

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Brown & Brown, Inc. reports developments from a diversified insurance agency, wholesale brokerage and insurance programs organization serving commercial, public-sector, professional and individual customers. Recurring updates cover Retail and Specialty Distribution activity, organic revenue trends, adjusted earnings measures, Organic Revenue with Contingents, dividends and share repurchase actions.

Company announcements also include acquisition activity within insurance distribution and dealer services, including asset purchases that expand product channels for vehicle, recreational vehicle, boat and motorcycle dealerships. Governance and operating updates address legal, compliance, enterprise risk management, technology, data and artificial intelligence initiatives across the organization.

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Brown & Brown (BRO) received Great Place to Work certification for its U.S. companies for the eighth consecutive year. Its U.K. and Canadian operations received certification for the second consecutive year.

The company also appeared on the 2026 Fortune Best Workplaces for Women and Best Workplaces in Financial Services & Insurance lists for the sixth year. In employee feedback, 86% said Brown & Brown is a great place to work, and 92% said new joiners are made to feel welcome. Earlier this year, the company received Mental Health America’s Platinum Level Bell Seal Award for the fourth consecutive year.

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Brown & Brown (NYSE:BRO) reported third-quarter 2026 revenue of $1.7 billion, with earnings growth accompanied by lower profit margins. Revenue rose 7.4% year over year; organic revenue, which excludes acquisition and other specified effects, grew 1.2%, or 1.5% including contingent commissions. Net income attributable to the company rose 5.7% to $240 million, but diluted earnings per share fell 1.5% to $0.67. Adjusted diluted earnings per share increased 1.9% to $1.07.

Pretax income rose 2.9% to $320 million, while its margin fell to 18.6% from 19.4%. Adjusted EBITDAC, a non-GAAP earnings measure, rose 1.7% to $597 million; its margin declined to 34.6% from 36.6%. Nine-month revenue increased 23.4% to $5.302 billion, and net income rose 20.8% to $954 million. Nine-month diluted earnings per share remained $2.57; adjusted diluted earnings per share increased 5.7% to $3.52.

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Brown & Brown (BRO) introduced COMPASS, an intelligence ecosystem designed to support insurance decisions by connecting data, analytics and AI-enabled capabilities. The platform combines proprietary information with insurance expertise to support risk assessment and insurance portfolio decisions across Property & Casualty, Employee Benefits and Personal Lines.

The company expects COMPASS-powered knowledge assistants and business intelligence tools to be available to thousands of teammates by the end of 2026, with an expanded suite of customer solutions planned for early 2027. COMPASS builds on its investment in data, analytics and AI, including collaborations with Anthropic, McKinsey and Accenture.

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Brown & Brown (BRO) declared a quarterly cash dividend of $0.18 per share, payable on November 11, 2026. Shareholders of record on November 4, 2026, are eligible. The rate is 9% higher than the previous quarterly dividend of $0.165 per share, marking the company’s 33rd consecutive annual dividend increase.

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Marcus & Millichap (MMI) has expanded its Preferred Partner relationship with Brown & Brown (BRO) into Canada for commercial real estate investors. Marcus & Millichap clients and investment professionals in Canada will gain streamlined access to Brown & Brown’s insurance and risk services, including insurance placement, specialty risk consulting, portfolio analysis and due diligence.

The expansion is part of Marcus & Millichap’s Preferred Partner Program, which connects clients and investment professionals with specialized service providers. Marcus & Millichap has operated in Canada since 2013; Brown & Brown’s Canadian operations support customers nationwide.

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Brown & Brown (BRO) was named one of the 2026 Healthiest 100 Workplaces in America, ranking No. 25 nationally. The Healthiest Employers program recognizes organizations for employee well-being programs across work environments and life stages.

Applicants were assessed on a 1–100 scale across six categories covering leadership, program foundations, planning, communications, interventions and reporting. The national award also considered essay responses and questions about chronic conditions and workplace health. Brown & Brown offers mental health resources and financial wellness support, with ongoing employee listening efforts to respond to changing needs.

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Brown & Brown (NYSE: BRO) plans to release its third-quarter 2026 earnings on October 26, 2026, after market close. President and chief executive officer J. Powell Brown and executive vice president and chief financial officer R. Andrew Watts will host an investor update conference call on October 27, 2026, at 8:00 a.m. EDT. The call will be webcast live on the company's website, with audio archived for 14 days afterward.

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Financial Executives International (FEI) and Brown & Brown (BRO) have entered a Strategic Partnership Program to support FEI Members on employee benefits and healthcare cost management.

Through the partnership, FEI Members gain access to Brown & Brown’s subject-matter expertise, market intelligence, and practical guidance on topics such as employee benefits strategy and funding, plan optimization, healthcare cost management, forecasting and financial analytics, pharmacy and other high-cost claims, and emerging healthcare cost drivers. The collaboration also covers workforce, talent and total rewards trends, plus regulatory and compliance developments affecting employer-sponsored benefits, with access to additional Brown & Brown specialists on related business and risk issues where relevant.

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Brown & Brown (BRO) has appointed Erik Templin as executive managing director, employee benefits, North America, within its Retail segment, effective with the announcement dated September 21, 2026.

Templin will lead the company’s employee benefits business across North America, overseeing strategy for growth, talent, operations, innovation and customer experience and reporting to Brown & Brown Retail president Steve Hearn. He joined the company in 2018 through an acquisition and has since held several leadership roles, helping expand the employee benefits platform and drive organic growth across multiple markets.

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Brown & Brown (NYSE:BRO) reported unaudited second quarter 2026 results with total revenues of $1.7 billion, up 30.4% year over year, including a 0.7% decline in Organic Revenue and 0.7% growth in Organic Revenue with Contingents. Income before income taxes rose 23.2% to $383 million, with margin at 22.9% versus 24.2%.

EBITDAC - Adjusted increased 27.0% to $598 million, with a 35.7% margin. Net income attributable to the company was $288 million, up 24.7%. Diluted EPS was $0.84 (+7.7%), and Diluted Net Income Per Share - Adjusted was $1.07 (+3.9%).

For the first six months of 2026, revenues reached $3.6 billion (+33.0%), income before income taxes was $915 million (+24.0%), and net income attributable to the company was $714 million (+26.8%). Diluted EPS for the period was $1.90 (-1.6%), while adjusted diluted EPS was $2.46 (+6.0%). Operating cash flow for the first half was $608 million, up from $538 million a year earlier.

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FAQ

What is the current stock price of Brown & Brown (BRO)?

Brown & Brown (BRO) last closed at $67.84.

What is the market cap of Brown & Brown (BRO)?

The market cap of Brown & Brown (BRO) is approximately $22.5B.