Broadridge Adds Two Directors, Expands Board to 10 with Fintech Experts
Broadridge Financial Solutions expanded its board to 10 members by appointing Trish Mosconi and Christopher Perry effective Feb. 2, 2026, boosting independent representation to eight directors. Brett Keller will resign April 30, 2026 after 11 years of service, enabling fresh strategic oversight from leaders experienced in fintech and corporate growth.
1. Second Quarter Financial Highlights
Broadridge reported total revenues of $1,714 million for Q2 FY 2026, an 8% increase over the prior year period. Recurring revenues rose 9% to $1,070 million, driven by 8% constant currency growth. Adjusted EPS increased 2% year-over-year to $1.59, while GAAP diluted EPS doubled to $2.42. Operating income was $206 million, a 2% decline, reflecting lower event-driven revenues, and adjusted operating income of $265 million was up 1%. Net earnings reached $285 million, a 100% increase, supported by favorable tax items and digital asset gains in the corporate segment.
2. Segment Performance
Investor Communication Solutions (ICS) delivered $1,233 million in revenues, up 7% from Q2 FY 2025, with recurring revenues up 9% to $590 million. Regulatory services grew 18%, mutual fund/ETF position revenue rose 15%, and issuer solutions increased 8%. Event-driven revenues declined 27% to $91 million, while distribution revenues climbed 14% to $553 million. Global Technology & Operations (GTO) generated $481 million in recurring revenues, up 9%, with 6% organic growth and contributions from the SIS acquisition. Capital Markets revenues rose 8% and Wealth & Investment Management grew 12%. Pre-tax margins improved to 16.1% in GTO.
3. Raised Full-Year Guidance
Broadridge increased its FY 2026 adjusted EPS growth outlook to 9–12% and reaffirmed recurring revenue growth guidance at the higher end of 5–7% constant currency. The company expects adjusted operating income margins to remain at 20–21% and closed sales to range between $290 million and $330 million. Management cited strong organic growth, elevated event-driven activity, and investments in tokenization, shareholder engagement and digital communications as drivers for continued margin expansion and bottom-line growth.
4. Board Appointments and Governance Update
Broadridge expanded its Board of Directors to ten members by appointing Trish Mosconi and Christopher Perry effective February 2, 2026. Ms. Mosconi brings experience in fintech strategy and AI from Boston Consulting Group and Synchrony Financial, while Mr. Perry adds deep knowledge of Broadridge’s growth strategy as the company’s President since 2020. Director Brett Keller will resign on April 30, 2026, after 11 years of service. The additions strengthen expertise in digital transformation and support Broadridge’s innovation roadmap.