Broadridge Financial Solutions reported its financial results for the fourth quarter and fiscal year ending June 30, 2025, highlighting a 7% growth in recurring revenues and an 11% increase in adjusted earnings per share, reaching $8.55. The company also announced closed sales of $288 million and a total revenue increase of 6% to $6.89 billion for the fiscal year. Operating income rose by 17%, reflecting improved margins and effective cost management. Broadridge's board declared a quarterly dividend of $0.975 per share, marking an 11% increase in the annual dividend to $3.90, continuing a trend of annual increases for 19 consecutive years since becoming public in 2007.
Additionally, Broadridge announced the acquisition of Acolin Group Holdco Limited for approximately $70 million, which is expected to enhance its European fund distribution capabilities. The company anticipates continued growth, projecting a recurring revenue increase of 5-7% and an adjusted EPS growth of 8-12% for fiscal year 2026. The positive financial performance and strategic investments position Broadridge favorably within the market, potentially influencing investor sentiment.
linkAug 05, 2025 07:59:48
Broadridge Financial Solutions, Inc. has announced a quarterly cash dividend of $0.88 per share, which is set to be paid on July 2, 2025. Stockholders must be on record by the close of business on June 12, 2025, to receive this dividend.
Broadridge Financial Solutions is a global leader in financial technology with revenues exceeding $6 billion. The company provides essential infrastructure for investing, corporate governance, and communications, serving banks, broker-dealers, asset managers, and public companies. Broadridge is part of the S&P 500 Index and employs over 14,000 people across 21 countries.
linkMay 13, 2025 11:20:40
Broadridge Financial Solutions, Inc. reported a recurring revenue of $4.2 billion for fiscal year 2024, with a growth objective of 7-9% for the period from FY24 to FY26. The company also highlighted a significant total addressable market of $225 billion, of which over $60 billion is considered vended. The firm aims for an adjusted earnings per share (EPS) growth of 8-12% during the same period, underscoring its strategic focus on expanding its market presence and enhancing shareholder returns through a consistent earnings growth model.
The company operates in a competitive landscape, providing essential services to various financial market participants, including broker-dealers, wealth managers, and institutional investors. Broadridge emphasizes its unique platform-based business model, which supports a recurring revenue structure and aims to drive sustainable growth. Additionally, the firm plans to invest in technology and innovation to meet evolving client demands, while maintaining a balanced approach to capital allocation, including dividends and potential share repurchases.
linkMay 09, 2025 08:45:05
Broadridge Financial Solutions, Inc. reported its financial results for the third quarter of fiscal year 2025, with total revenues rising 5% to $1.812 billion compared to the same period last year. Recurring revenues grew by 7% to $1.204 billion, with a constant currency growth of 8%. The company also reported a 15% increase in diluted earnings per share (EPS) to $2.05 and a 9% growth in adjusted EPS to $2.44. Operating income rose by 14% to $345 million, with an operating income margin of 19.0%. For the nine months of fiscal year 2025, total revenues increased by 6% to $4.824 billion, with net earnings up 24% to $465 million and adjusted net earnings increasing by 17% to $592 million.
The company reaffirmed its fiscal year 2025 guidance, projecting recurring revenue growth in constant currency between 6% to 8% and adjusted EPS growth in the middle of the 8% to 12% range. Closed sales are now estimated to be between $240 million and $300 million, a revision from the previous range of $290 million to $330 million. Broadridge's performance highlights its resilience amid market uncertainties, supported by organic growth in its Investor Communication Solutions and Global Technology and Operations segments, as well as contributions from acquisitions.
linkMay 01, 2025 07:58:31
Broadridge Financial Solutions highlighted notable achievements in its recent presentation, including $4.2 billion in recurring revenue for FY24 and a target of 7-9% growth in recurring revenue through FY26. The company has demonstrated a robust business model, with a 10-year total shareholder return of 19% and a commitment to a $3.52 annual dividend, showcasing its focus on returning capital to shareholders and maintaining consistent earnings growth.
However, the company also faces challenges, including reliance on a limited number of clients and potential risks associated with cybersecurity threats and regulatory changes. Broadridge's performance could be affected by declines in market participation and competition, as well as the need to adapt to evolving technology demands. These factors may impact the company's ability to sustain its growth objectives and maintain its market position.
linkFeb 10, 2025 16:43:42
Broadridge Financial Solutions has declared a quarterly cash dividend of $0.88 per share, which will be paid to stockholders on April 3, 2025. This announcement highlights the company's continued commitment to returning value to its shareholders. Broadridge is recognized as a global Fintech leader, providing essential infrastructure for investing and corporate governance, with revenues exceeding $6 billion.
The press release does not mention any challenges or negative points facing Broadridge, focusing instead on its operational capabilities and employee satisfaction as a certified Great Place to Work. The company supports a significant volume of daily trading, underscoring its role in the financial ecosystem without addressing any potential risks or market conditions that could impact its performance.
linkFeb 04, 2025 09:56:11
Broadridge Financial Solutions reported a 9% increase in recurring revenues for the second quarter of fiscal 2025, reaching $980 million. The company also noted a significant rise in diluted earnings per share (EPS), which grew 103% to $1.20. Total revenues increased by 13% to $1,589 million, and operating income rose by 69% to $211 million. The acquisition of Kyndryl's Securities Industry Services business contributed to this growth, along with strong performance in event-driven revenues, which surged 126% due to higher mutual fund communications volume.
On the downside, closed sales decreased by 21% to $46 million compared to the previous year, reflecting a decline in new business. Additionally, while operating expenses rose due to higher postage rates and other volume-related costs, the company managed to maintain a reduction in interest expenses. Despite these challenges, Broadridge reaffirmed its fiscal 2025 guidance, indicating a commitment to maintaining growth amidst fluctuating sales figures.
linkJan 31, 2025 07:59:27
Broadridge Financial Solutions has appointed Ashima Ghei as the Chief Financial Officer, effective immediately. Ghei has been with Broadridge since January 2022 and served as Interim CFO since July 2024. She has played a significant role in the company's financial strategy and has a history of leadership in the finance sector, including an 18-year tenure at American Express. The CEO expressed confidence in her ability to drive the company's growth and deliver returns to shareholders.
While the announcement highlights Ghei's qualifications and the positive impact of her leadership, there is no mention of any specific challenges or issues faced by Broadridge in the current market. The press release focuses on Ghei's past achievements and the company's goals for growth without addressing any potential negative aspects or risks that may be present in the financial landscape.
linkDec 16, 2024 15:28:31
Broadridge Financial Solutions has announced a quarterly cash dividend of $0.88 per share, which will be paid on January 3, 2025, to stockholders of record by December 13, 2024. This decision reflects the company's ongoing commitment to returning value to its shareholders and demonstrates its stable financial position, given its reported revenues exceeding $6 billion.
On the other hand, while Broadridge operates as a significant player in the Fintech sector with a robust infrastructure supporting daily trading of over U.S. $10 trillion, the press release does not provide details on recent financial performance metrics or any challenges the company may be facing. This lack of information may leave investors seeking more clarity on the company's current operational health.
linkNov 14, 2024 12:18:57
Conversely, Broadridge faces various risks that could impact its performance, including reliance on a limited number of clients for a substantial portion of its revenue, potential cybersecurity threats, and the overall decline in market participation and activity in the securities markets. The company acknowledged challenges such as the need to keep pace with technological advancements and competition, as well as the importance of retaining key personnel. Additionally, the reliance on the continued financial health of its clients and the successful execution of its growth strategy are critical to mitigating these risks.
linkNov 12, 2024 20:05:21