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.

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

Enhanced experience will offer a fully integrated view of finances, while also expanding features and functionalities for Shia Ismaili Muslim community members MONETT, Mo. , May 31, 2023 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY), today announced that Platinum Federal Credit Union (PFCU) is working with Jack Henry to improve their community's financial health by growing their membership and focusing on the financial health of their members.

Platinum Federal Credit Union Collaborates with Jack Henry to Focus on Financial Health

Over the past year, Jack Henry & Associates, Inc. has trailed both the S&P 500 Index and TradingView's financial technology index. This comes in spite of 2021-22 free cash flow growth of 7.02% in addition to scale growth supporting a 10.50% increase in total revenues to $1.94bn.

Jack Henry & Associates: Positioned For Accretive, Integrated Growth

Research identifies financial institutions' strategic priorities for 2023 and 2024 MONETT, Mo. , May 25, 2023 /PRNewswire/ -- Deposits, loans, data, and efficiency top the list of strategic priorities for community and regional financial institutions, according to Jack Henry's fifth-annual survey of bank and credit union CEOs.

Jack Henry Releases Benchmark of Bank and Credit Union CEOs' Top Priorities

Company has replaced inbound screen scraping with safe and secure consumer-permissioned data sharing through open-banking APIs across hundreds of thousands of apps and millions of accountholders MONETT, Mo. , May 23, 2023 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced it continues to replace inbound screen scraping on its Banno Digital Banking Platform with API connections to all five major data exchange platforms, Finicity, Akoya, Plaid, Envestnet | Yodlee , and Intuit, giving accountholders more control of their financial data and protecting financial institutions from a wide range of fraud and security risks that arise from passwords shared with third parties.

Jack Henry Continues Phase Out of Screen Scraping on the Banno Digital Banking Platform

Automatic Data Processing

Carlisle Companies

Dover

Vanguard Extended Duration Treasury ETF

General Dynamics

KFA Mount Lucas Index Strategy ETF

Altria

Nordson

Polaris

Philip Morris

SEI Investments

T. Rowe Price Group

The economic data is getting worse at an accelerating rate. It now appears a 1.7% GDP recession lasting nine months could start in 5 weeks. The eerie calm of the market is 100% driven by an AI bubble in the biggest tech stocks. A bubble that could end as soon as next Wed.

13 Blue-Chips For The Ultimate High-Yield Buffett-Style Dividend Aristocrat Portfolio

Jack Henry's (JKHY) is likely to expand its reach among financial institutions through FedNow Service, a real-time payments network.

Jack Henry's (JKHY) Client Base to Get a Boost With FedNow

Proprietary payments hub provides ready-built connection to the latest real-time payments network   MONETT, Mo. , May 15, 2023 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that it is operationally ready to support the launch of the Federal Reserve's real-time payments network, the FedNowSM Service.

Jack Henry Expands Real-Time Payments Presence with the New FedNow Service

MONETT, Mo. , May 11, 2023 /PRNewswire/ -- Jack Henry & Associates, Inc. ®  (Nasdaq: JKHY) announced today that it will be participating in the upcoming conferences: Mimi Carsley, CFO & Treasurer, will present at the MoffettNathanson Inaugural Technology, Media, and Telecom Conference on May 18 th.

Jack Henry Executives to Offer Insights at Upcoming Events

Jack Henry's (JKHY) third-quarter fiscal 2023 results benefit from strength across the Core, Complementary, Payments and Corporate segments.

Jack Henry (JKHY) Q3 Earnings Top Estimates, Revenues Rise Y/Y

Jack Henry & Associates, Inc. (NASDAQ:JKHY ) Q3 2023 Results Conference Call May 3, 2023 8:45 AM ET Company Participants Vance Sherard - Vice President of Investor relations David Foss - Chairman and Chief Executive Officer Mimi Carsley - Chief Financial Officer and Treasurer Gregory Adelson - President and Chief Operating Officer Conference Call Participants Rayna Kumar - UBS Daniel Perlin - RBC Capital Markets David Togut - Evercore ISI Vasundhara Govil - KBW Peter Heckmann - D.A. Davidson Kartik Mehta - Northcoast Research John Davis - Raymond James David Koning - Robert W Baird James Faucette - Morgan Stanley Dominick Gabriele - Oppenheimer Mark Feldman - William Blair Operator Welcome to the Jack Henry's third quarter earnings conference call.

Jack Henry & Associates, Inc. (JKHY) Q3 2023 Earnings Call Transcript

Jack Henry (JKHY) came out with quarterly earnings of $1.12 per share, beating the Zacks Consensus Estimate of $1.09 per share. This compares to earnings of $1.16 per share a year ago.

Jack Henry (JKHY) Q3 Earnings and Revenues Top Estimates

Fiscal year-to-date summary: GAAP revenue increased 6% and GAAP operating income decreased 4% for the nine months ended March 31, 2023, compared to the prior-year period. Non-GAAP adjusted revenue increased 8% and non-GAAP adjusted operating income increased 5% for the nine months ended March 31, 2023, compared to the prior-year period.1 GAAP EPS was $3.68 per diluted share for the nine months ended March 31, 2023, compared to $3.84 in the prior-year period.

Jack Henry & Associates, Inc. Reports Third Quarter Fiscal 2023 Results

Jack Henry's (JKHY) fiscal third-quarter results are expected to reflect strength across the Core, Payments and Complementary segments amid mounting expenses.

What's in the Offing for Jack Henry (JKHY) in Q3 Earnings?

MONETT, Mo. , May 1, 2023 /PRNewswire/ -- Jack Henry & Associates, In.

Jack Henry to Host 2023 Investor Day

Community banks are utilizing Jack Henry solutions to power their local economies MONETT, Mo. , April 24, 2023 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that First Community Bank , Sunrise Bank  and Today's Bank have selected Jack Henry's modern core infrastructure to provide better service to retail and business customers.

First Community Bank, Sunrise Bank and Today's Bank Select Jack Henry to Accelerate Business and Retail Banking Strategies

MONETT, Mo. , April 19, 2023 /PRNewswire/ -- Jack Henry & Associates, Inc.® (Nasdaq: JKHY) announced today that it will host a live Webcast of its third quarter fiscal year 2023 earnings conference call on May 3, 2023.

JACK HENRY & ASSOCIATES TO PROVIDE WEBCAST OF THIRD QUARTER FISCAL YEAR 2023 EARNINGS CALL

The popular investment website and weekly magazine Barron's recently recommended Jack Henry & Associates Inc. ( JKHY , Financial) as a "safe bet to take advantage of the turmoil" surrounding the recent ongoing banking crisis in the U.S. I have looked at the stock in the past and considered it too pricey, but now that the price tag has come down somewhat, and with Barron's recommendation, I decided to take another look at Jack Henry.

Taking Another Look at Jack Henry

Amazon

Bank of America

Biogen

Bank of New York Mellon

Blackrock Inc

Comcast

CME Group

Compass Minerals

Salesforce

Corteva Inc

Disney

Domino's Pizza

Ecolab

Equifax

Emerson Electric

Etsy

Gilead Sciences

Alphabet

Harley-Davidson

Honeywell

Intercontinental Exchange

International Flavors & Fragrances

Intuit

Our 3-step process focuses on wide-moat stocks (as per Morningstar's rating). We are only interested in those targets that are attractively valued in historical comparison.

U.S. Wide-Moat Stocks On Sale - The April 2023 Heat Map

Apple

Accenture Plc

Applied Materials

Amphenol

Costco

Graco

Home Depot

Lowe's

Mastercard

Monolithic Power Systems

Microsoft

Northrop Grumman

Roper Technologies

Charles Schwab

Sherwin-Williams

Tractor Supply

Texas Instruments

Visa

Vanguard Dividend Appreciation ETF

There are 19 stocks on my dividend growth watchlist for April 2023. More than half of the stocks on my watchlist for this month are currently undervalued based on dividend yield theory.

Dividend Growth Stock Watchlist - April 2023

Report highlights company's progress toward key sustainability priorities in multiple areas MONETT, Mo. , April 3, 2023 /PRNewswire/ -- Jack Henry™ (NASDAQ: JKHY) announced today the publication of its 2023 Sustainability Report that details progress on the company's commitments to associates, clients, communities, stockholders, and the environment through responsible business practices.

Jack Henry Publishes 2023 Sustainability Report

Jack Henry's (JKHY) partnership with Farmers and Merchants Bank gets extended. The latter strives to bring efficiency to its operations with the former's robust solutions.

Jack Henry (JKHY) Boosts Clientele With F&M Bank Partnership

Bank leverages Jack Henry security, operational efficiencies and open banking infrastructure to support growing retail and commercial accounts MONETT, Mo. , March 28, 2023 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that it is expanding its existing partnership with longtime client Farmers & Merchants Bank (F&M Bank), a $1.25-billion asset community bank based in Virginia.

Farmers and Merchants Bank Expands Collaboration with Jack Henry to Support the Future of Local Community Banking

Annual Awards Program Honors Outstanding Financial Technology Products & Companies MONETT, Mo. , March 23, 2023 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY), today announced that its LoanVantage solution has been selected as winner of the "Best Loan Origination Platform" award in the 7th annual FinTech Breakthrough Awards program.

Jack Henry Recognized for Lending Innovation in FinTech Breakthrough Awards Program

Jack Henry (JKHY) partners with SMA to enhance operational efficiencies for credit unions and banks.

Jack Henry (JKHY) Boosts Banking Automation With SMA Partnership

HOUSTON , March 14, 2023 /PRNewswire/ -- SMA Technologies , a leading provider of automation solutions for financial services and the maker of OpCon Workload Automation & Orchestration, today announced an expansion of its relationship with Jack Henry™ to include banks after successfully scaling digital business transformation with OpCon for Jack Henry's credit union clients. SMA Technologies will help banks using Jack Henry's SilverLake data center to automate and orchestrate workflows with other applications, data, and processes the institutions manage on-premises.

SMA Technologies and Jack Henry Collaborate to Improve Operational Efficiencies for Banks & Credit Unions

News for Jack Henry & Associates Stock (JKHY)