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Broadridge Financial Solutions Inc - BR STOCK NEWS

Welcome to our dedicated page for Broadridge Financial Solutions news (Ticker: BR), a resource for investors and traders seeking the latest updates and insights on Broadridge Financial Solutions stock.

Broadridge Financial Solutions Inc. (NYSE: BR) is a leading global provider of investor communications and technology-driven solutions for wealth management, asset management, and capital markets firms. Since its spin-off from ADP in 2007, Broadridge has been at the forefront of financial technology innovation, helping clients manage risk, achieve operational excellence, and drive growth.

Broadridge operates through two main segments: Investor Communication Solutions (ICS) and Global Technology and Operations (GTO). The ICS segment offers comprehensive solutions for proxy voting, regulatory communications, and shareholder engagement, while the GTO segment delivers advanced technology services and outsourcing solutions for trading, portfolio management, and back-office operations.

With over $6 billion in annual revenues and a presence in 21 countries, Broadridge's infrastructure supports the daily trading of more than $10 trillion of equities, fixed income, and other securities globally. The company serves a diverse clientele, including banks, broker-dealers, asset managers, wealth managers, and corporate issuers, providing the critical infrastructure needed to power investing, corporate governance, and communications.

Recent achievements highlight Broadridge's commitment to innovation and growth. The company has reported steady financial performance, including 6% organic recurring revenue growth for the second quarter of fiscal year 2024 and a reaffirmation of its annual guidance. Broadridge continues to enhance its product offerings, such as launching the Broadridge Investor Insights analytics platform to provide issuers with comprehensive investor and voting pattern data.

Broadridge also actively addresses key industry trends like the digitization of communications, mutualization of capabilities, and the evolving landscape of data and analytics. The company's strategic partnerships with financial institutions and corporate issuers worldwide further solidify its position as an industry leader.

Broadridge is a certified Great Place to Work®, employing over 14,000 associates dedicated to delivering unparalleled value to clients and fostering a culture of innovation. For more information about Broadridge and its solutions, visit their website.

News

CGS International Securities Expands Securities Finance Capabilities with Broadridge SFCM Solution

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CGS International Securities Pte. Ltd. partners with Broadridge Financial Solutions to enhance securities finance offering in Asia-Pacific region
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Broadridge Whitepaper Highlights the Drive for Efficiency Amongst Nordic Capital Markets Firms

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Broadridge Financial Solutions, Inc. collaborates with Firebrand Research to release a whitepaper on 'Capital Markets Trends in the Nordics,' focusing on efficiency, modernization, and ESG topics. Nordic firms are adapting to market structure changes, emphasizing stakeholder engagement, attracting foreign investors, improving efficiency, and exploring AI technologies.
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Broadridge to Participate in Upcoming Investor Events

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Broadridge Financial Solutions, Inc. (BR) will be participating in four upcoming investor events, including fireside chats with management. The events will feature key executives discussing the company's financial outlook and strategic initiatives. Investors can access the presentations on Broadridge's Investor Relations page. Key speakers include Chief Financial Officer Edmund Reese and Chief Executive Officer Tim Gokey.
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Navigating the CX Challenge: Despite Companies' Increased Tech Investments, Consumer Impatience Grows

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Broadridge's 6th Annual CX and Communications Survey reveals that almost half of consumers are willing to pay more for an improved customer experience. Gen Z and Millennials are more inclined towards superior CX. While AI holds promise for enhancing CX, the lack of empathy and preference for human interaction remain challenges.
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Broadridge Declares Quarterly Dividend of $0.80 Per Share

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Broadridge Financial Solutions, Inc. (BR) declares a quarterly cash dividend of $0.80 per share, payable on April 5, 2024, to stockholders of record on March 15, 2024.
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Fifth Annual Broadridge Survey Reveals Time and Expertise Top Challenges in Advisor Marketing Strategies

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Broadridge Financial Solutions, Inc. reports that less than half of U.S. advisors currently use or plan to use generative AI for marketing, while 56% of Canadian advisors do. Advisors are increasingly looking to next-generation technology such as AI to address their marketing challenges and meet the increased personalization expectations of prospects and clients. The survey also reveals that frequent, meaningful communication with clients and personalized content marketing lead to increased confidence in meeting practice goals.
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Broadridge Reports Second Quarter Fiscal 2024 Results

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Broadridge Financial Solutions, Inc. (BR) reported strong financial results for the second quarter ended December 31, 2023. Recurring revenues grew by 7%, with a 6% increase in constant currency. Diluted EPS rose to $0.59, and Adjusted EPS increased to $0.92. Closed sales rose by 12% year-to-date. The company reaffirmed its FY'24 guidance, including 6-9% Recurring revenue growth, constant currency, and 8-12% Adjusted EPS growth, with Closed sales expected to be between $280-320 million.
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Broadridge Recognized as One of FORTUNE Magazine's 2024 'World's Most Admired Companies'

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Broadridge Financial Solutions, Inc. (BR) has been recognized by FORTUNE® magazine as one of the World's Most Admired Companies in the financial data services category for the tenth time. With a market capitalization of $24 billion, Broadridge has consistently delivered strong returns to shareholders, with annualized total shareholder returns of 22% over a 10-year period. The company has also been acknowledged for its innovative technology solutions and employer leadership by various industry organizations.
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Silverview Credit Partners Optimizes Investment Operations with Broadridge's Private Debt Portfolio Management Solution

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Silverview Credit Partners has partnered with Broadridge Financial Solutions Inc's Sentry Portfolio Management solution to optimize its technology capabilities and streamline its private credit investment processes, enabling greater operational efficiencies and increased transparency in portfolio management activities. The partnership aims to meet the growing reporting demands of the investment team, borrowers, and investors, and to support ongoing business growth.
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LTX by Broadridge Announces Four New Patents Covering Fixed Income Trading Innovations

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LTX, a subsidiary of Broadridge Financial Solutions, has been awarded four new patents for its fixed income trading innovations, enhancing trade workflows and bringing new efficiency to trade execution. The patented technologies address challenges in the corporate bond market, enabling AI-driven workflows and assisting users in identifying corporate bonds and answering complex bond-related queries.
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FAQ

What is the current stock price of Broadridge Financial Solutions (BR)?

The current stock price of Broadridge Financial Solutions (BR) is $226.01 as of December 20, 2024.

What is the market cap of Broadridge Financial Solutions (BR)?

The market cap of Broadridge Financial Solutions (BR) is approximately 26.1B.

What services does Broadridge Financial Solutions provide?

Broadridge provides investor communications, technology-driven solutions for wealth management, asset management, and capital markets firms, including proxy voting, regulatory communications, trading, and back-office operations.

How does Broadridge support its clients?

Broadridge helps clients manage risk, achieve operational excellence, and drive growth through advanced technology services and outsourcing solutions for trading, portfolio management, and communications.

What are the main segments of Broadridge?

Broadridge operates through two main segments: Investor Communication Solutions (ICS) and Global Technology and Operations (GTO).

What recent achievements has Broadridge reported?

Broadridge reported 6% organic recurring revenue growth for the second quarter of fiscal year 2024 and launched the Broadridge Investor Insights analytics platform.

Who are Broadridge's main clients?

Broadridge serves banks, broker-dealers, asset managers, wealth managers, and corporate issuers worldwide.

What is Broadridge’s focus for future growth?

Broadridge focuses on addressing digitization, mutualization of capabilities, and evolving data and analytics trends while enhancing their product offerings and strategic partnerships.

Where is Broadridge Financial Solutions headquartered?

Broadridge is headquartered in New York, USA.

How large is Broadridge's workforce?

Broadridge employs over 14,000 associates globally.

Is Broadridge a publicly traded company?

Yes, Broadridge is listed on the New York Stock Exchange (NYSE) under the ticker symbol BR.

How can I learn more about Broadridge?

For more information, visit Broadridge's website at https://www.broadridge.com.

Stock BR logo
Broadridge Financial Solutions Inc

NYSE:BR

BR Rankings

#441 Ranked by Market Cap
#1562 Ranked by Dividends

BR Stock Data

26.09B
116.04M
0.68%
92.97%
1.39%
Information Technology Services
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