Headquartered in Lake Success, NY Fiscal year ends June NYSE: BR broadridge.com
Broadridge Financial Solutions is a financial technology and operations provider to banks, broker-dealers, asset and wealth managers, and public companies. It is an S&P 500 member with approximately 16,000 associates in 28 countries. It reports two segments.
Investor Communication Solutions (ICS) covers four Recurring revenue product lines:
- Regulatory: proxy and interim communications driven by equity and mutual fund/ETF positions.
- Data-driven fund solutions: expanded through the Acolin and iJoin acquisitions.
- Issuer: disclosure solutions.
- Customer communications: digital and print, including the Signal Agency acquisition.
ICS also earns Event-driven revenues, mainly mutual fund and equity proxy contests, and pass-through Distribution revenues such as postage.
Global Technology and Operations (GTO) provides trading, post-trade and operations platforms:
- Capital Markets: expanded by the CQG acquisition.
- Wealth and Investment Management.
The company's platforms process and generate over 8 billion communications annually. They underpin daily average trading of over $18 trillion in tokenized and traditional securities. Broadridge is pursuing agentic AI, digital engagement and tokenization, and holds digital assets, including through a Canton Digital Asset Treasury transaction. Updated
Full-year guidance stayed intact after a quarter that topped expectations on both lines, with Global Technology and Operations pre-tax earnings up 47% on the CQG deal and Capital Markets growth. A non-cash digital asset loss and a drop in event-driven revenue sit underneath the GAAP number.
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Broadridge Financial Solutions is a financial technology and operations provider to banks, broker-dealers, asset and wealth managers, and public companies. It is an S&P 500 member with approximately 16,000 associates in 28 countries.
24/7 Wall St.'s 12-month price target for BR is $226.82, rated Buy. The Wall Street consensus target is $213.38. BR price prediction →
