Broadridge Financial

Broadridge Financial Solutions, Inc. engages in the provision of investor communications and technology solutions to banks, broker-dealers, mutual funds, and corporate issuers. It operates through the following segments: Investor Communication Solutions and Global Technology and Operations. The Investor Communication Solutions segment offers services for broker-dealer investor communication, customer communication, corporate issuer, advisor solutions, and mutual fund and retirement solutions. The Global Technology and Operations segment includes middle and back-office securities processing solutions, automation services, and business process outsourcing services. The company was founded in 1962 and is headquartered in Lake Success, NY.

Earnings data Q2 2021

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Earnings data Q1 2025

Broadridge reports strong Q1 earnings, eyes organic growth opportunities

Broadridge's Q1 2023 earnings call showcased strong financial performance, with a focus on recurring revenue growth and margin expansion. The company is confident in its ability to deliver another strong year in fiscal '23, despite challenges in new bookings and closed sales expectations. Broadridge remains well-positioned to capitalize on opportunities in foundational technology and organic revenue growth.

Broadridge Financial reports strong Q2 earnings, eyes growth opportunities

Broadridge Financial's Q2 performance was robust, showcasing growth in key segments and reaffirming full-year guidance. Despite challenges like decelerating growth and potential macro headwinds, the company remains optimistic about sustaining growth targets and leveraging opportunities for further expansion.

Broadridge Financial excels in Q3, poised for sustained growth

Broadridge Financial delivered a strong Q3 performance with growth across key segments and expects steady top and bottom-line growth in the fourth quarter. The company is on track to meet or exceed its 3-year financial objectives, with a focus on enhancing free cash flow conversion and capital allocation strategies.

Broadridge Financial exceeds Q4 expectations, eyes growth opportunities in M&A

Broadridge Financial reported strong Q4 results, met or exceeded financial objectives, and announced plans for dividend increase, share repurchases, and potential M&A. The company expects mid- to high single-digit recurring revenue growth, margin expansion, and strong adjusted EPS growth in fiscal '24. Challenges include sales visibility uncertainties and managing sales timing.

Broadridge Financial reports strong Q1 performance and outlines growth strategies

Broadridge Financial's Q1 2024 showcased robust financial performance and strategic initiatives for growth and margin expansion.
The company's strengths in modernizing investing, disciplined financial management, and competitive positioning bode well for future prospects.
While facing challenges in earnings impact and market competition, Broadridge eyes opportunities in debt reduction, strategic investments, and shareholder value creation.

Broadridge Financial reports strong Q2 results, eyes growth opportunities

Broadridge Financial's Q2 performance reflects a solid foundation for future growth, supported by strong revenue growth and a clear strategic vision. While facing challenges in customization and integration, the company's focus on innovation and client engagement positions it well for success. With a robust pipeline and confidence in meeting financial objectives, Broadridge is poised for continued growth and market leadership.

Broadridge Financial reports strong Q3 performance and growth outlook

Broadridge Financial's Q3 performance reflects solid growth in recurring revenue and adjusted EPS.
Despite challenges in regulatory communications timing, the company remains focused on growth and shareholder engagement.
Management's strategic focus on addressing client needs and enhancing digital capabilities positions Broadridge for long-term success.
Anticipated revenue growth and strong performance outlook indicate a positive trajectory for Broadridge Financial.

Broadridge posts record sales and dividend increase, eyes growth opportunities

Broadridge Financial's Q4 2024 performance reflects strong sales growth, financial stability, and shareholder value creation through dividends and buybacks.
The company's strategic focus on digitization, governance, and market expansion positions it well for sustained growth and profitability.
While facing challenges in maintaining growth targets, Broadridge has opportunities to leverage its strengths in technology, acquisitions, and market trends.

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Dividend Champion, Contender, And Challenger Highlights: Week Of January 1

Increasing presence in EMEA and APAC through the Itiviti acquisition is likely to boost Broadridge's (BR) global technology and operations segment.

Here's Why Hold Strategy is Apt for Broadridge (BR) Stock

Capitalizing on digital marketing is the key to growth for RIAs and IBDs; survey shows NEW YORK , Dec. 14, 2022 /PRNewswire/ -- The fourth-annual financial advisor marketing survey by global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE: BR), reveals that 63% of advisors are actively seeking new clients but only 43% are experiencing increases in inbound prospect requests. Market volatility, increasing compliance and regulatory pressures, and a competitive landscape for wealth management service professionals continue to challenge Independent Broker-Dealers (IBDs) and Registered Investment Advisors (RIAs) and requires them to find innovative new solutions to generate business.

Amid a Volatile Market, Financial Advisors Are Finding Ways to Generate New AUM

Strategic collaboration enhances proxy voting efficiency and supports higher levels of corporate governance NEW YORK and LONDON and JOHANNESBURG , Dec. 14, 2022 /PRNewswire/ -- To create a better proxy voting experience and further extend the proxy voting process in South Africa, global Fintech leader, Broadridge Financial Solutions Inc. (NYSE:BR), and Strate, South Africa's principal central securities depository and central collateral platform, have completed the integration of their respective end-to-end vote processing solutions. This collaboration represents a shared strategic commitment to drive greater levels of shareholder engagement by both institutional and retail investors – at both national and international levels.

Broadridge and Strate Connect to Streamline the Proxy Voting Lifecycle in South Africa

Strengths include full coverage of wealth value chain and front-to-back solutions on a single platform, enabling advisors to manage end-to-end client journeys NEW YORK , Dec. 12, 2022 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, has been recognized by industry analyst firm Everest Group as a Leader in its inaugural Wealth Management Products PEAK Matrix® Assessment 2023. The report assesses 16 leading providers of wealth management products using Everest Group's PEAK Matrix framework, which is based on the evaluation of two key dimensions: Market Impact and Vision and Capability.

Broadridge Named a Leader in Wealth Management Products by Everest Group

Partnership provides IntraFi's 3,000 network members access to Broadridge's best-in-class SBL technology and participation in its Wealth Lending Network NEW YORK , Dec. 8, 2022 /PRNewswire/ -- Amid an increased demand for wealth lending generally and securities-based lending (SBL) specifically, global Fintech leader, Broadridge Financial Solutions, Inc. (NYSE: BR) announced a partnership today with IntraFi to offer a streamlined securities-based lending service for banks, brokerage firms, and wealth management firms. Through this partnership, IntraFi will offer Broadridge's lending technology — already used today by some of the largest banks in the world — to its members to help support and grow their securities-based lending businesses.

Broadridge and IntraFi Partner to Offer Securities-Based Lending

NEW YORK , Dec. 5, 2022 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, is pleased to announce the appointment of Martin Koopman as Chief Product Officer, effective January 1, 2023. In this role, Martin will lead the Product Management team working across all business units to collectively drive Broadridge's delivery of world-class SaaS and other service offerings to leading financial services clients.

Broadridge Appoints Martin Koopman as Chief Product Officer

NEW YORK , Dec. 2, 2022 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) announced that Edmund Reese, Chief Financial Officer, will be hosting individual investor meetings at the D.A. Davidson FinTech & Payments Spotlight Conference in New York City on Thursday, December 8, 2022.

Broadridge to Participate in Investor Conference

Broadridge Financial (BR) reported earnings 30 days ago. What's next for the stock?

Broadridge Financial (BR) Up 11.9% Since Last Earnings Report: Can It Continue?

NEW YORK , Nov. 30, 2022 /PRNewswire/ -- LTX, Broadridge Financial Solutions, Inc.'s [BR: NYSE] artificial intelligence (AI)-driven digital trading business, today announced that Jim Kwiatkowski has been promoted to the role of CEO of LTX. Jim Toffey, co-founder of LTX, will succeed Art Certosimo as Chairman of the LTX Board of Directors.

Broadridge's LTX® Announces Leadership Transitions, Jim Kwiatkowski Named CEO of LTX

Joint collaboration increases voting efficiency and corporate governance for global investment in French market LONDON and PARIS , Nov. 29, 2022 /PRNewswire/ -- Extending their joint strategic commitment to modernise and enhance shareholder voting in the French market, Broadridge Financial Solutions, Inc. (NYSE: BR) and SLIB, a leading software editor for electronic voting and securities services based in France, today announced the go-live of their joint end-to-end global voting solution. "Broadridge remains firmly committed to enabling greater levels of shareholder engagement across markets globally," said Demi Derem, General Manager of Broadridge's International Investor Communication Solutions.

Broadridge Teams with SLIB to Deliver French Market Voting Solution for Global Investors

Broadridge's (BR) Global Technology and Operations business looks well poised to be driven by the Itiviti acquisition.

Here's Why You Should Retain Broadridge (BR) Stock for Now

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Allianz Life Ventures and Broadridge Financial Solutions join asset manager, rounding out global investment in modernized model BERNARDSVILLE, N.J. , Nov. 3, 2022 /PRNewswire/ -- FLX Networks, the technology platform modernizing the engagement between asset and wealth management firms, today announced a capital raise of $10 million.

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Broadridge's (BR) first-quarter fiscal 2023 revenues increase year over year.

Broadridge's (BR) Q1 Earnings Miss Estimates, Decline Y/Y

Broadridge Financial Solutions, Inc. (NYSE:BR ) Q1 2023 Earnings Conference Call November 2, 2022 8:30 AM ET Company Participants Edings Thibault - Head, Investor Relations Tim Gokey - Chief Executive Officer Edmund Reese - Chief Financial Officer Conference Call Participants David Togut - Evercore ISI Puneet Jain - JPMorgan Darrin Peller - Wolfe Research Patrick O'Shaughnessy - Raymond James Operator Good day and welcome to the Broadridge First Quarter 2023 Earnings Conference Call. [Operator Instructions] And please note that this event is being recorded.

Broadridge Financial Solutions, Inc. (BR) Q1 2023 Earnings Call Transcript

Broadridge Financial (BR) delivered earnings and revenue surprises of -3.45% and 1.74%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Broadridge Financial Solutions (BR) Lags Q1 Earnings Estimates

Recurring revenues grew 7%; up 9% constant currency Diluted EPS was $0.42 and Adjusted EPS was $0.84 Reaffirming Fiscal Year 2023 Guidance including 6 - 9% Recurring revenue growth constant currency and 7 - 11% Adjusted EPS growth NEW YORK , Nov. 2, 2022 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) today reported financial results for the first quarter ended September 30, 2022 of its fiscal year 2023. Results compared with the same period last year were as follows:   Summary Financial Results First Quarter Dollars in millions, except per share data 2023 2022 Change Recurring revenues $806 $750 7 %      Constant currency growth - Non-GAAP 9 % Total revenues $1,283 $1,193 8 % Operating income $88 $103 (15 %)      Margin 6.8 % 8.7 % Adjusted Operating income - Non-GAAP $150 $177 (15 %)      Margin - Non-GAAP 11.7 % 14.8 % Diluted EPS $0.42 $0.57 (26 %) Adjusted EPS - Non-GAAP $0.84 $1.07 (21 %) Closed sales $29 $30 (2 %) "Broadridge reported another strong quarter, highlighting the resilience of our business model and the positive long-term trends driving our growth," said Tim Gokey, Broadridge's CEO.

Broadridge Reports First Quarter Fiscal 2023 Results

Solution helps funds streamline ESG reporting and meet SFDR requirements NEW YORK and LONDON , Oct. 31, 2022 /PRNewswire/ -- To better support European asset managers in meeting their compliance obligations for the upcoming Sustainable Finance Disclosure Regulation (SFDR), global Fintech leader Broadridge Financial Solutions  (NYSE:BR) today announced the launch of its new end-to-end managed service solution. Starting January 1, 2023, SFDR requires asset managers to consider and disclose in a consistent manner how ESG factors are adopted in their decision-making processes.

Broadridge Launches New End-to-End Solution for SFDR Reporting

NEW YORK , Oct. 25, 2022 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR), a global Fintech leader, announced today that it will enable clients to better automate the processing of Corporate Action and Dividends events managed through the Euroclear CREST platform. The new solution capabilities further enable financial institutions to simplify and automate their corporate actions processing while reducing the risk and complexity across their business.

Broadridge Fully Automates Corporate Action and Dividend Events, Managed Through Euroclear CREST

NEW YORK , Oct. 20, 2022 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) is scheduled to release its financial results for the first quarter of fiscal year 2023 on Wednesday, November 2, 2022. Broadridge will host a webcast and conference call to discuss those results at 8:30 a.m.

Broadridge Schedules Webcast and Conference Call to Review First Quarter Fiscal Year 2023 Results on November 2, 2022

Use of alternative investments grows from 59% to 67% between Q1 2022 and Q3 2022 NEW YORK , Oct. 19, 2022 /PRNewswire/ -- A bi-annual survey of 400 financial advisors released today by Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, finds that advisors are increasingly leaning on private funds and alternative investments amid volatile equity and bond markets. Despite this surge, the surveyed advisors claim to lack sufficient options and the right resources from asset managers needed to implement these products in their portfolios.

Alternative Investment and Private Fund Use Surges as Financial Advisors Demand Diversification, New Broadridge Survey Finds

Expands Scope 1, 2 and 3 emissions data disclosure, including TCFD-aligned climate risk analysis Commits to develop net zero greenhouse gas emissions plan Provides results of inaugural ESG materiality assessment Profiles strength and increasing diversity of Broadridge Board Highlights strong associate engagement with Great Place to Work® certification in nine countries NEW YORK , Oct. 18, 2022 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, today released its 2022 Sustainability Report. The report highlights a year of strong progress in its ESG initiatives.

Broadridge 2022 Sustainability Report Highlights Long-term Value

Since spinning out of ADP in 2007, BR has been a very good business that outperformed the market. They have a balanced approach of capital allocation: serial acquisitions, increasing dividends, and smaller amount of repurchases.

Broadridge Financial: Very Good Company, Not Cheap Enough Yet

WESTLAKE, Texas--(BUSINESS WIRE)--Schwab Asset Management, the asset management arm of The Charles Schwab Corporation, today announced that it is the first large asset manager to pilot a new proxy polling solution from global fintech firm, Broadridge Financial Solutions, Inc. (NYSE:BR).

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