Jack Henry & Associates

Jack Henry & Associates, Inc. is a technology company, which engages in the provision of technology solutions and payment processing services primarily for financial services organizations. It operates through the following segments: Core, Payments, Complementary, and Corporate and Other. The Core segment provides core information processing platforms to banks and credit unions, which consist of integrated applications required to process deposit, loan, general ledger transactions, and maintain centralized customer or member information. The Payments segment focuses on secured payment processing tools and services, such automated teller machine, debit and credit card processing services, online and mobile bill pay solutions, and risk management products and services. The Complementary segment offers additional software and services that can be integrated with its core solutions or used independently. The Corporate and Other segments include hardware revenue and costs, as well as operating costs not directly attributable to the other segments. The company was founded by Jerry D. Hall and John W. Henry in 1976 and is headquartered in Monett, MO.

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Jack Henry reports 6% revenue growth, poised for FedNow rollout

Jack Henry's Q3 2023 earnings call showcased strong revenue growth in core, payment, and complementary solutions businesses, despite challenges in deconversion revenue and cost drivers. The company's focus on capital allocation, resilience, and commitment to new product offerings positions it for future growth. The rollout of FedNow and a robust sales pipeline present significant opportunities for revenue growth and customer benefit.

Jack Henry & Associates reports strong Q2 performance and tech focus

Jack Henry & Associates delivered a strong performance in Q2 2023, driven by revenue growth and notable wins in key segments.
While facing challenges such as deconversion revenue reduction and consumer spending shifts, the company's focus on technology modernization and fraud protection presents opportunities for future growth.
Cost controls, process automation, and stable non-GAAP EBIT showcase Jack Henry's resilience in navigating revenue adjustments.
With a strategic focus on core strengths and emerging opportunities, Jack Henry is poised for continued growth and market leadership in the financial services sector.

Jack Henry & Associates reports strong Q3 earnings and growth opportunities

Jack Henry anticipates full-year GAAP revenue growth for fiscal 2023 to be between 5.5% to 5.9%. Capital allocation priorities include maintaining liquidity, investing in growth, evaluating acquisitions, paying dividends, and stock repurchases. Strong involvement with the FedNow project highlighted, with potential applications in real-time payments discussed.

Jack Henry & Associates reports record Q4 revenue and outlines growth strategies for FY 2024

Jack Henry & Associates delivered strong financial performance in Q4 2023, with record revenue and sales bookings. The company's focus on technology innovation, AI integration, and strategic acquisitions positions it well for future growth.
While facing challenges in quarterly revenue growth and margin fluctuations, Jack Henry & Associates is actively addressing these through strategic investments and a focus on efficiency. Opportunities lie in partnerships with fintech companies, continuous improvement initiatives, and cloud migration.

Jack Henry & Associates (JKHY) reports robust Q1 performance and eyes expansion beyond core base

Jack Henry & Associates (JKHY) delivered a strong performance in Q1 2024, showcasing revenue growth and success in key segments. The company's strategic focus on technology modernization, digital solutions, and client expansion positions it well for future growth. Challenges in free cash flow and competition require continued innovation and effective capital allocation strategies.

Jack Henry & Associates reports 8% revenue growth, appoints new CEO

Jack Henry & Associates (JKHY) showcased solid financial performance with revenue growth and margin expansion, underpinned by successful client acquisitions and technology advancements.
The company faces challenges in managing external factors affecting payments volumes, balancing expense investments for growth, and limited M&A activity for expansion.
However, opportunities in open banking solutions, new revenue streams from technology initiatives, and digital revenue growth present avenues for sustained growth and profitability.

Jack Henry & Associates (JKHY) reports record revenue and core wins, poised for growth

Jack Henry & Associates (JKHY) delivered strong financial performance in Q4 2024, with record revenue and operating income. The company's focus on core wins, technology innovation, and client engagement positions it well for future growth. Analyst inquiries highlighted areas for potential improvement and strategic considerations.

Jack Henry & Associates (JKHY) reports solid Q1 performance and outlook

Jack Henry & Associates (JKHY) demonstrated strong performance and strategic initiatives in Q1 2025, positioning the company for continued growth.
The company's focus on client engagement, innovation, and technology modernization underscores its commitment to long-term success.
With a positive outlook for margin expansion, revenue growth, and client service, Jack Henry & Associates (JKHY) remains well-positioned in the financial technology sector.

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Jack Henry & Associates, Inc. is a financial technology company, which engages in the provision of technology solutions and payment processing services. It operates through the following segments: Core, Payments, Complementary, and Corporate and Other. The Core segment provides core information processing platforms to banks and credit unions which consist of integrated applications required to process deposit, loan, and general ledger transactions, and maintain centralized customer and member information. The Payments segment includes secure payment processing tools and services including ATM, debit, and credit card processing services, online and mobile bill pay solutions, ACH origination and remote deposit capture processing, and risk management products and services. The Complementary segment focuses on additional software, hosted processing platforms, and services including call center support, network security management, consulting, and monitoring. The Corporate and Other segment offers hardware and other products. The company was founded by Jerry D. Hall and John W. Henry in 1976 and is headquartered in Monett, MO.

Open, flexible technology empowers focus on underserved communities and commercial banking, positions CDFI to continue strong growth MONETT, Mo. , Feb. 26, 2024 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that Legacy Bank & Trust has doubled its asset size in two years by implementing a differentiated business strategy and revamping its technology stack to meet new growth areas and complex needs.

Legacy Bank & Trust Doubles its Assets with Niche Strategy and Technology from Jack Henry

MONETT, Mo. , Feb. 22, 2024 /PRNewswire/ -- Jack Henry & Associates, Inc.® (Nasdaq: JKHY) announced today that it will be participating in several upcoming conferences.

Jack Henry Executives to Present at Numerous Investor Conferences

Jack Henry (JKHY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

What Makes Jack Henry (JKHY) a New Buy Stock

MONETT, Mo. , Feb. 12, 2024 /PRNewswire/ -- Jack Henry & Associates, Inc. (NASDAQ: JKHY) today announced its Board of Directors increased the quarterly dividend by six percent (6%) to $.55 per share.

Jack Henry & Associates Increases the Quarterly Dividend on its Common Stock by 6 Percent to $.55 Per Share

Jack Henry & Associates, Inc. (JKHY) Q2 2024 Earnings Call Transcript

Jack Henry's (JKHY) second-quarter fiscal 2024 results benefit from strength across the Core, Complementary, Payments and Corporate segments.

Jack Henry (JKHY) Q2 Earnings & Revenues Top Estimates, Up Y/Y

While the top- and bottom-line numbers for Jack Henry (JKHY) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Jack Henry (JKHY) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Jack Henry (JKHY) came out with quarterly earnings of $1.22 per share, beating the Zacks Consensus Estimate of $1.14 per share. This compares to earnings of $1.10 per share a year ago.

Jack Henry (JKHY) Surpasses Q2 Earnings and Revenue Estimates

Fintech firm Jack Henry & Associates on Tuesday raised its full-year profit forecast and reported a rise in second-quarter earnings, helped by steady growth in its processing as well as services and support segments.

Jack Henry's profit rises on higher demand for fintech products

Second quarter summary: GAAP revenue increased 8.0% and GAAP operating income increased 10.8% for the fiscal three months ended December 31, 2023, compared to the prior fiscal year quarter. Non-GAAP adjusted revenue increased 8.4% and non-GAAP adjusted operating income increased 14.4% for the fiscal three months ended December 31, 2023, compared to the prior fiscal year quarter.1 GAAP EPS was $1.26 per diluted share for the fiscal three months ended December 31, 2023, compared to $1.10 in the prior fiscal year quarter.

Jack Henry & Associates, Inc. Reports Second Quarter Fiscal 2024 Results

Jack Henry's (JKHY) second-quarter fiscal 2024 results are likely to reflect strength across the Core, Payments and Complementary segments.

What's in the Offing for Jack Henry's (JKHY) Q2 Earnings?

Besides Wall Street's top -and-bottom-line estimates for Jack Henry (JKHY), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.

Jack Henry (JKHY) Q2 Earnings Preview: What You Should Know Beyond the Headline Estimates

Jack Henry & Associates is a pivotal but undervalued stock in the fin-tech sector that supports small banks through specialized software solutions. The company has undergone a management change, promoting seasoned insider Greg Adelson to the role of CEO and President. The financial markets have adapted well to elevated interest rates, creating a favorable environment for Jack Henry's software suite and potential growth.

Jack Henry & Associates: Compounding In The Fintech Niche

MX leverages open finance direct API connections on Jack Henry's digital banking platform across more than 800 financial institutions LEHI, Utah , Feb. 1, 2024 /PRNewswire/ -- MX Technologies, Inc. announced today that MX and Jack Henry (NASDAQ: JKHY) have agreed to work together to deliver a more seamless and secure data sharing experience for consumers across more than 800 financial institutions. MX's interoperable API platform will now directly connect through Jack Henry's secure API connections to expand Jack Henry's efforts to replace inbound screen scraping on its Banno Digital Banking Platform.

MX and Jack Henry to Enable a More Secure Data Sharing Experience

MONETT, Mo. , Jan. 29, 2024 /PRNewswire/ -- Jack Henry & Associates, Inc.® (Nasdaq: JKHY) announced today that deconversion revenue for the fiscal second quarter, ended December 31, 2023, was $4.9 million.

Jack Henry & Associates Announces Second Quarter 2024 Deconversion Revenue Results

Cloud-native business banking solution enables community and regional financial institutions to better support businesses throughout stages of growth  MONETT, Mo. , Jan. 25, 2024 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) is pleased to announce Banno Business™, a new solution that enables community and regional financial institutions to offer modern banking experiences for small-to-medium businesses (SMBs).

Jack Henry™ Announces Banno Business™

MONETT, Mo. , Jan. 24, 2024 /PRNewswire/ -- Jack Henry & Associates, Inc.® (NASDAQ: JKHY) announced today that it will host a live webcast of its second quarter 2024 earnings conference call on February 7, 2024.

Jack Henry & Associates to Provide Webcast of Second Quarter 2024 Earnings Call

CDFI poises to proliferate its mission of financial health and equity MONETT, Mo. , Jan. 23, 2024 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that Latino Community Credit Union (LCCU) selected Jack Henry to provide the technology infrastructure it needs to support a growing member base.

Latino Community Credit Union Selects Jack Henry to Support Rapid Growth

David Foss will become Executive Board Chair MONETT, Mo., Jan. 22, 2024 /PRNewswire/ -- Jack Henry & Associates Inc.® (Nasdaq: JKHY) announced today an executive transition plan in which President and Chief Operating Officer Greg Adelson will become CEO and President on July 1, 2024.

Jack Henry & Associates to Elevate Greg Adelson to CEO in July 2024

Jack Henry (JKHY) partners with Pinwheel to enable the latter to leverage its Banno Digital Platform, bolstering its clientele on the back of its robust portfolio.

Jack Henry (JKHY) Boosts Clientele With Pinwheel Partnership

Community and regional financial institutions can offer accountholders a seamless, near-instant digital direct deposit setup experience with Pinwheel. NEW YORK , Jan. 18, 2024 /PRNewswire/ --  Pinwheel , the fintech helping banks win primacy by making direct deposit switching easy, announced today that its top-performing direct deposit switching (DDS) solution is now accessible through the Jack Henry™ digital banking platform.

Pinwheel Collaborates with Jack Henry to Streamline Access to the Industry's Top Performing Direct Deposit Switching Solution

Partner banks and credit unions can engage and retain a new generation of consumers by offering fractional shares of stock as rewards for everyday debit card activity. NEW YORK, Jan. 9, 2024 /PRNewswire/ -- Bits of Stock announced today that its Stock Rewards Checking Account is now accessible through the Jack Henry™ digital banking platform Banno.

Stock Rewards Checking Now Accessible to Financial Institutions Through Bits of Stock and Jack Henry Collaboration

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Award recognizes Jack Henry's impact and commitment to a diverse, inclusive culture MONETT, Mo. , Dec. 18, 2023 /PRNewswire/ -- Jack Henry™ announced today its recognition as one of America's Greatest Workplaces for Diversity 2024 by Newsweek and Plant-A Insights Group.

Jack Henry Named to Newsweek's America's Greatest Workplaces 2024 for Diversity

Twilio

SAN FRANCISCO--(BUSINESS WIRE)--Twilio Inc. (NYSE: TWLO), the customer engagement platform that drives real-time, personalized experiences for today's leading brands, and Jack Henry™ (Nasdaq: JKHY) today announced Jack Henry is leveraging a suite of Twilio products to enable banks and credit unions to better communicate and engage with their customers across digital channels. Jack Henry uses Twilio's products for various steps across the customer journey – including: SMS text alerts for account.

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