Earnings summaries and quarterly performance for BROADRIDGE FINANCIAL SOLUTIONS.
Executive leadership at BROADRIDGE FINANCIAL SOLUTIONS.
Tim Gokey
Chief Executive Officer
Ashima Ghei
Chief Financial Officer
Christopher Perry
President
Douglas DeSchutter
Corporate Vice President, Investor Communication Solutions
Hope Jarkowski
Chief Legal Officer
Richard Stingi
Chief Human Resources Officer
Thomas Carey
Corporate Vice President, Global Technology and Operations
Board of directors at BROADRIDGE FINANCIAL SOLUTIONS.
Research analysts who have asked questions during BROADRIDGE FINANCIAL SOLUTIONS earnings calls.
Puneet Jain
JPMorgan Chase & Co.
6 questions for BR
Patrick O'Shaughnessy
Raymond James
5 questions for BR
Scott Wurtzel
Wolfe Research
5 questions for BR
Daniel Perlin
RBC Capital Markets
3 questions for BR
James Faucette
Morgan Stanley
3 questions for BR
Kyle Peterson
Needham & Company
3 questions for BR
Michael Infante
Morgan Stanley
3 questions for BR
Peter Heckmann
D.A. Davidson
2 questions for BR
Alex Kramm
UBS Group AG
1 question for BR
Recent press releases and 8-K filings for BR.
- Broadridge’s Distributed Ledger Repo (DLR) platform processed an average of $368 billion in daily repo transactions in November, totaling $7.4 trillion for the month, a 466% increase versus November 2024.
- The surge underscores broadening institutional adoption of tokenization, positioning DLR as a cornerstone in digital settlement infrastructure.
- Broadridge’s technology ecosystem supports over $15 trillion in daily trading and 7 billion annual investor communications, reflecting its operational scale and market reach.
- Societe Generale-FORGE completed its first U.S. digital bond issuance using Broadridge’s new tokenization capability on the Canton Network blockchain
- Broadridge’s tokenization capability allows firms to issue, trade, and manage securities in digital form with embedded privacy, credential management, and direct investor ownership
- The solution builds on Broadridge’s capital markets technology and uses IntellectEU’s Catalyst Blockchain Manager to operate nodes on the Canton Network
- It complements Broadridge’s Distributed Ledger Repo platform, which processed an average of $385 billion in daily repo transactions in October
- Broadridge recorded $4.5 B FY ’25 recurring revenue and targets 7–9% FY ’24–26 recurring revenue growth on a constant-currency basis.
- The company delivered a 19% annualized 10-year TSR through steady earnings growth and aims for 8–12% FY ’24–26 adjusted EPS growth.
- Broadridge’s network processes $15 T daily fixed-income and equity trade volume and 7 B regulatory/customer communications annually, addressing a $60 B vended TAM within a $225 B total addressable market.
- The board-approved dividend policy provides a $3.90 FY ’26 annual dividend, reflecting Broadridge’s commitment to capital return.
- At the virtual AGM, shareholders re-elected all eight director nominees with over 94% approval, ratified Deloitte & Touche as auditor with 98% support, and approved executive compensation with 91% votes in favor; Eileen Murray was appointed independent Chair following the retirements of Rich Daley and Pam Carter.
- FY 2025 recurring revenue grew 7% (constant currency) to $4.5 billion, total revenues increased 6% to $6.9 billion, adjusted EPS rose 11% to $8.55, and free cash flow conversion reached 104%.
- The board approved an 11% dividend increase to $3.90 per share, marking the 19th consecutive annual raise since IPO.
- Q1 FY 2026 results showed 8% recurring revenue growth, 51% adjusted EPS growth, and $33 million in closed sales; the company raised its recurring revenue outlook to the high end of 5%–7% growth and reaffirmed 8%–12% EPS guidance.
- Broadridge emphasized long-term strategic drivers—digitization, AI integration, and tokenization—noting it facilitated over $300 billion per day in tokenized trades, positioning for growth in digital assets.
- FY 25 recurring revenue grew 7% (constant currency) to $4.5 B, total revenue rose 6% to $6.9 B; adjusted EPS increased 11% to $8.55 and free cash flow conversion was 104%. The board approved an 11% dividend increase to $3.90/share.
- Q1 FY 26 saw 8% recurring revenue growth, 51% adjusted EPS growth, and $33 M in closed sales, driving guidance to the high end of 5–7% recurring revenue growth and reaffirming 8–12% adjusted EPS growth.
- Strategic priorities include digitization (communications ~90% digital), AI integration via a proprietary platform, and tokenization, where Broadridge facilitated over $300 B/day in tokenized trades.
- At the AGM, eight directors were re-elected with over 94% support, executive compensation approved by 91% of votes, and Deloitte & Touche was ratified as auditor with 98% approval.
- 71% of U.S. respondents are “very familiar” with the new Treasury central clearing rules and 25% are “somewhat familiar,” indicating high domestic readiness.
- In Europe, only 27% of respondents are “very familiar,” and 82% of European and 80% of Asian firms report not progressing beyond the scoping stage.
- 38% of firms expect central clearing to raise margins by over 25%, 55% anticipate higher regulatory capital costs, and 66% cite back-office changes as a key operational impact.
- 54% of firms are very confident they will meet the cash deadline, yet 29% of buy-side firms do not expect to complete preparations before end-2027 and 45% require regulatory clarity by end-2025 to stay on track.
- Broadridge’s Distributed Ledger Repo (DLR) platform processed an average of $385 billion in daily repo transactions during October, up 13% from September’s $339 billion and 492% year-over-year (2024 vs. 2025).
- DLR remains the largest institutional platform for the settlement of tokenized real assets, underscoring increased adoption of tokenized settlement.
- The 2025 Broadridge Tokenization Survey shows over 80% of early adopters view tokenization as a way to deepen client engagement and streamline operations.
- Broadridge is committed to supporting digital asset trading across its technology platforms to drive a digital-first financial ecosystem.
- Broadridge delivered 8% recurring revenue growth (constant currency) and 51% adjusted EPS growth to $1.51; total revenue rose 12% to $1.6 billion.
- Updated FY26 guidance to the high end of 5–7% recurring revenue growth, reaffirmed 8–12% adjusted EPS growth and $290 M–$330 M closed sales.
- Executed $150 M share repurchase and paid $103 M in dividends in Q1, following $250 M repurchases over the past year.
- Advanced tokenization initiatives, with digital asset revenues contributing ~1 pp to capital markets growth and a $46 M mark-to-market gain on digital holdings.
- Acquired Signal and iJoin to strengthen governance communications and retirement plan technology.
- Recurring revenue grew 8% constant currency and adjusted EPS rose 51% to $1.51, with adjusted operating margin up 280 bps.
- Guidance updated: recurring revenue growth raised to the higher end of 5–7%, reaffirmed 8–12% adjusted EPS growth and $290–$330 million in cash sales.
- Segment highlights: ICS/governance revenues up 5% to $518 million; capital markets revenues up 6%, including $4 million in digital asset revenue; wealth & investment management revenues up 22% aided by the SIS acquisition.
- Capital allocation: completed $56 million in tuck-in M&A, repurchased $150 million of shares, recorded $46 million unrealized gain on 1.7 billion Canton coins and committed $340 million of coins to a PIPE transaction.
- Recurring revenues grew 8% YoY (5% organic), adjusted EPS rose 51% to $1.51, with AOI margin at 15.8% and cash sales of $33 M.
- Raised FY 2026 recurring revenue guidance to the high end of 5–7%; reaffirmed 8–12% adjusted EPS growth and $290–330 M in closed sales.
- Deployed capital on tuck-in M&A ($56 M), $150 M share repurchase, $103 M dividends, and expect Akulin acquisition to close at year-end.
- Recognized $4 M digital asset revenue and a $46 M unrealized gain on 1.7 B Canton coins (excluded from adjusted EPS); anticipate ongoing quarterly mark-to-market volatility.
Quarterly earnings call transcripts for BROADRIDGE FINANCIAL SOLUTIONS.
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