Question-and-Answer SessionSo look, as I just said, you've never been to this conference personally before. So for everyone's benefit in the room here, just to get us started on an easy note, why don't you just remind everybody what Broadridge is all about and why we should be excited about the company?Timothy GokeyCEO, Executive Officer & Executive Director Yes. First of all, Alex, thank you very much for having us. It is our first time here and an amusing thing, we -- not knowing where the conference was, ...

Gokey said Broadridge has scaled significantly since he joined in 2010, growing from about 3,000 associates and a roughly $2.5 billion market capitalization at that time to about 15,000 associates and a market capitalization he cited at roughly $22 billion. He described the company as generating $4.5 billion in recurring fee revenue and operating at the center of industry activity, citing metrics including processing $15 trillion of trades daily and $400 billion a day in tokenized assets. On the governance ...

Broadridge Financial Solutions Conference Summary Company Overview - **Company**: Broadridge Financial Solutions (NYSE:BR) - **Market Position**: Positioned at the intersection of capital markets, wealth management, asset management, and corporate issuers - **Growth**: Increased from 3,000 associates and a $2.5 billion market cap in 2010 to 15,000 associates and a $22 billion market cap today [3][4] Financial Performance - **Recurring Revenue**: $4.5 billion in recurring fee revenues - **Trade Processing**: Processes $15 trillion of trades daily and $400 billion in tokenized assets [3][4] - **Shareholder Positions**: Manages 1.5 billion shareholder positions across 150 million accounts [4] Key Investment Areas - **Democratization of Investing**: Focus on tokenization and shareholder engagement, with a belief that these trends will drive growth [5][6] - **AI Integration**: Utilizing AI for data analytics and operational efficiency, enhancing client engagement and predictive capabilities [6][58] - **Regulatory Communications**: Anticipates mid- to high-single-digit position growth driven by continuous innovation in financial services [12][13] Market Trends and Opportunities - **Tokenization**: Seen as a significant growth driver, with expectations that tokenized securities will still require traditional governance structures [42][43] - **Digital Transformation**: Emphasis on digitizing communications and operations, with a focus on simplifying platforms for clients [29][30] - **Acquisition Strategy**: Recent acquisition of CQG for $170 million, expected to contribute 5 points of growth to capital markets [28][29] Financial Model and Guidance - **Growth Projections**: Organic growth of 5%-7%, with an additional 1-2 points from M&A, targeting 7%-9% recurring revenue growth [8] - **Earnings Growth**: Guidance for earnings growth of 10%, with a focus on delivering low teens returns to shareholders [8][67] - **Capital Allocation**: Balanced approach to capital allocation, focusing on internal investments, dividends, and strategic M&A [69][70] Risks and Regulatory Environment - **Regulatory Scrutiny**: No significant risk identified regarding proxy voting technology; focus remains on tokenization and digital assets [25][26] - **Market Volatility**: Company acts as a lagging indicator in response to market volatility, with retail investors showing resilience [16][38] Client Engagement and Sales Pipeline - **Sales Activity**: New originations up 20% year-over-year, with a healthy pipeline multiplier indicating strong future sales potential [36][37] - **Client Conversations**: Engaging with clients on digital communications infrastructure and standing instructions for public companies, indicating strong demand [75][76] Conclusion - Broadridge is well-positioned to capitalize on ongoing changes in the financial services industry, with a strong focus on innovation, client engagement, and strategic growth initiatives. The company aims to leverage its market infrastructure to drive future growth while maintaining a balanced approach to capital allocation and risk management.

Core Insights - Broadridge Financial Solutions, Inc. is a significant player in the fintech industry, providing technology-driven solutions to financial institutions, including investor communications, securities processing, and data analytics [1][6] - The company has announced its acquisition of CQG to enhance its trading solutions and expand its global market presence [3][6] Financial Metrics - Broadridge has a price-to-earnings (P/E) ratio of 23.40, a price-to-sales ratio of 3.06, and an enterprise value to sales ratio of 3.51, indicating its market valuation and position [4][6] - The company's debt-to-equity ratio is 1.32, and its current ratio is 0.93, which may suggest potential liquidity challenges [5] - The enterprise value to operating cash flow ratio is 18.51, and the earnings yield stands at 4.27%, providing insights into the company's valuation against its cash flow and return on investment for shareholders [5]

Broadridge Financial Solutions, Inc. (NYSE:BR) said Friday it has agreed to acquire global trading technology provider CQG, expanding its futures and options platform.The firm said it will buy CQG to combine order management with advanced execution tools.CQG provides futures and options trading, execution management and market connectivity tools for institutional and professional traders.Under the agreement, Broadridge will add CQG’s execution systems, analytics and algorithmic trading capabilities to its p ...

Core Viewpoint - Broadridge Financial Solutions has announced an agreement to acquire CQG, enhancing its execution management offerings and advancing its mission to provide connected, multi-asset trading solutions globally [1][2]. Group 1: Acquisition Details - The acquisition will integrate CQG's execution management, algorithmic trading, and analytics capabilities with Broadridge's existing order management and client connectivity solutions, creating a comprehensive trading suite for futures and options markets [1][2]. - The transaction involves the purchase of CQG, LLC and certain affiliated entities and assets, with terms undisclosed. It is expected to close in early Broadridge's fiscal fourth quarter, pending regulatory approvals [4]. Group 2: Strategic Benefits - The acquisition is aimed at accelerating Broadridge's innovation strategy across various asset classes, including futures, options, FX, and digital assets, allowing for faster delivery of new functionalities [3]. - Clients across diverse segments, such as FCMs, institutional investors, and hedge funds, will benefit from scalable solutions that support growth objectives and enhance trading experiences [2]. Group 3: Company Background - Broadridge is a global technology leader in financial services, processing over 7 billion communications annually and facilitating daily trading of over $15 trillion in various securities [6]. - CQG is recognized for its high-performance trading solutions and serves a wide range of market participants, providing access to over 45 exchanges globally [7].

Core Insights - CQG has entered into an agreement for Broadridge Financial Solutions to acquire it, aiming to create an end-to-end trading suite for global futures and options markets [1][2] Group 1: Acquisition Details - The acquisition will enhance Broadridge's order management and client connectivity solutions by integrating CQG's execution management, algorithmic trading, and analytics capabilities [1][2] - The transaction is expected to close in Broadridge's fiscal fourth quarter ending June 30, subject to regulatory approvals [2] Group 2: Strategic Benefits - The combined capabilities will provide a global multi-asset class trading experience characterized by speed, scale, and intelligence, enabling clients to trade smarter and access new markets [2][3] - The expanded offering will support a wide range of clients, including futures commission merchants, institutional investors, retail brokers, proprietary trading firms, commodity trading advisors, and hedge funds [3] Group 3: Company Profiles - CQG is a leading provider of trading solutions, offering high-performance services for traders, brokers, and exchanges globally, with Direct Market Access to over 45 exchanges [4] - Broadridge is a global technology leader that processes over 7 billion communications annually and supports daily trading of over $15 trillion in various securities [6]

Powering and transforming financial markets Investor Presentation February 2026 Forward-Looking Statements This presentation and other written or oral statements made from time to time by representatives of Broadridge Financial Solutions, Inc. ("Broadridge" or the "Company") contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements that are not historical in nature, and which may be identified by the use of words such as "expects," "assumes, ...

Broadridge Financial Solutions (BR) has been on a downward spiral lately with significant selling pressure. After declining 13.4% over the past four weeks, the stock looks well positioned for a trend reversal as it is now in oversold territory and there is strong agreement among Wall Street analysts that the company will report better earnings than they predicted earlier.We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This i ...

Group 1 - RBC Capital analyst Daniel Perlin lowered the price target on Broadridge (BR) to $245 from $265 while maintaining an Outperform rating on the shares [1] - The company reported results that exceeded both the firm's and the Street's expectations [1] - Management maintained its FY26 recurring revenue growth expectations and tightened its FY26 adjusted EPS growth guidance higher [1] Group 2 - The price target cut is attributed to a more conservative overall and fintech market environment [1]