Core Insights - Fiserv has experienced significant stock decline following a disappointing earnings report, losing nearly half its value in one day last October and currently trading at a low P/E ratio of 10 [1][6] Company Overview - Fiserv is a leading global payment processing company with over $21 billion in trailing-12-month revenue, typically showing healthy growth [2] - The company has faced recent challenges, including a third-quarter report that fell below expectations and a reduction in full-year guidance [2] Financial Performance - In the latest earnings report, Fiserv's earnings per share (EPS) were $2.04, which was $0.60 lower than Wall Street expectations, and sales declined 1% to $4.92 billion, missing the expected $5.36 billion [3] - Management has revised full-year EPS guidance to $8.55, down from a previous range of $10.15 to $10.30, and revenue growth is now forecasted at 3.5% to 4%, significantly lower than the prior guidance of 10% [3] Legal Issues - Fiserv is currently facing a lawsuit from shareholders alleging misleading claims regarding its Clover payment platform, claiming the company inflated comparable sales growth by switching clients from other platforms [4] Market Position - Despite the challenges, Fiserv remains a leader in the payment processing industry with a strong software-as-a-service (SaaS) model that relies on recurring revenue, serving thousands of clients and millions of merchants [6] - The company is highly profitable, which may indicate that the current low stock price could represent a buying opportunity rather than a value trap [6] Strategic Initiatives - CEO Mike Lyons has initiated the One Fiserv Action Plan, focusing on long-term client service and operational excellence, and plans to enhance the use of artificial intelligence (AI) in its platform [7] - An enhanced partnership with ServiceNow has been announced as part of this strategic plan [7] Investor Outlook - It may take time for Fiserv to regain investor trust and for the stock to recover to previous highs, but the current price may warrant a second look from investors [8]

Giverny Capital Asset Management, LLC, an investment management company, recently published its fourth-quarter 2025 investor letter. A copy of the same can be downloaded here. The Portfolio returned 0.01% compared to 2.66% for the S&P 500. YTD, the fund returned 12.58% compared to 17.88% for the Index. The firm faced a challenging fourth quarter and calendar year, despite solid appreciation. The outperformance of a few large technology companies has negatively impacted performance, given the portfolio's und ...

Hotchkis & Wiley, an investment management company, released its fourth-quarter 2025 investor letter for the “Hotchkis & Wiley Large Cap Disciplined Value Fund.” A copy of the letter can be downloaded here. In Q4 2025, the S&P 500 returned 2.7%, bringing its yearly gains to 17.9%. Since the 2007-08 financial crisis, the Index has increased tenfold, achieving positive results in 15 of 17 years. However, high valuations have made investors cautious, particularly with the returns concentrated in a few stocks. ...

This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Embedded finance is poised to surge as multiple players integrate financial services, such as payment processing and lending, into a variety of new mobile applications, executives on a panel hosted by Cross River Bank said Thursday. “Embedded finance will explode in daily life experiences,” Adam Goller, head of fintech bank, said in leading a virtual discussion on ...

ServiceNow and Fiserv expand strategic commitment to accelerate AI-driven transformation of financial servicesJan 28, 2026 4:10 PM Eastern Standard Time# ServiceNow and Fiserv expand strategic commitment to accelerate AI-driven transformation of financial servicesShare---By scaling ServiceNow AI throughout operations, Fiserv will elevate operational excellence while enhancing resiliency and stability across IT and client experiencesSANTA CLARA, Calif. & MILWAUKEE--([BUSINESS WIRE])-- [ServiceNow](NYSE: NOW) ...

NEW YORK, Jan. 27, 2026 /PRNewswire/ -- Zelle today reported that in 2025 it continued to scale its network, expanding access to more community banks and credit unions seeking real-time payment capabilities: Continue Reading Zelle Sign-Ups and Adoptions by Bank and Credit Union Asset Size in 2025 "Zelle already reaches 80% of U.S. bank and credit union accounts and last year was about widening access – deliberately and at scale," said Denise Leonhard, general manager of Zelle. "Deployment looks very differe ...

Getty Images Renewal The Value Fund posted a return of +0.4% for 2025. (1) Our results were significantly dampened by currency headwinds; specifically, the weakening U.S. dollar created a drag of approximately -4.3% on full-year returns. While we maintain a long-term policy of not hedging currency fluctuations to avoid high transaction costs, years like 2025 demonstrate the short-term volatility this can introduce to our results. We remain committed to this “long game” approach, as the cost savings of r ...

Core Insights - Fiserv has partnered with Affirm to integrate buy now, pay later (BNPL) capabilities into its debit card programs, responding to consumer demand for flexible payment options [2][4] - The collaboration aims to enhance customer engagement and transaction growth by allowing issuers to embed BNPL into existing debit products [5] Group 1: Partnership Details - The partnership is designed to provide community and regional banks and credit unions with the ability to meet evolving consumer expectations for payment flexibility [3] - Affirm and Fiserv will handle all technical aspects of the integration, combining Affirm's real-time underwriting and loan origination capabilities with Fiserv's digital solutions [4] Group 2: Market Context - The announcement follows Affirm's plans to establish a bank subsidiary, Affirm Bank, which aims to diversify its platform and offer more financial products [6] - Consumers who are likely to use BNPL have average credit card balances that are $1,128 higher than those who are unlikely to use it, indicating a significant financial behavior trend [7] Group 3: Consumer Behavior Insights - Habitual BNPL users hold average credit card balances of $5,181, which is approximately 60% higher than non-users, reflecting a shift in how households manage short-term credit [7][8] - The trend of using BNPL is seen as a strategy for managing timing mismatches between income and expenses rather than reckless spending [8]

Strategic collaboration empowers financial institutions with turnkey Debit BNPL integration and access to the Affirm merchant networkMILWAUKEE and SAN FRANCISCO, Jan. 26, 2026 (GLOBE NEWSWIRE) -- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology, today announced an exclusive collaboration with Affirm (NASDAQ: AFRM) to bring pay-over-time capabilities to debit card programs for financial institutions. This collaboration empowers thousands of Fiserv U.S. bank ...

Core Insights - Vulcan Value Partners reported positive results across all its investment strategies for the year, with notable returns in various composites despite overvalued markets [1] - The firm emphasizes a disciplined investment approach, prioritizing safety and long-term gains over short-term performance, drawing parallels to the late 1990s dot-com bubble [1] Performance Summary - Large Cap Composite (Net) returned -1.5% in Q4 and 7.9% YTD - Small Cap Composite (Net) gained 3.2% in Q4 and 9.5% YTD - Focus Composite (Net) returned 0.1% in Q4 and 7.1% YTD - Focus Plus Composite (Net) returned 0.1% in Q4 and 6.2% YTD - All-Cap Composite (Net) returned 1.3% in Q4 and 10.7% YTD [1] Company Focus: Fiserv, Inc. - Fiserv, Inc. was identified as a significant detractor in the Large Cap and All-Cap Strategies, with a one-month return of -0.15% and a 52-week loss of 67.73% [2] - As of January 22, 2026, Fiserv's stock closed at $67.40 per share, with a market capitalization of $36.638 billion [2] Management Insights on Fiserv, Inc. - Fiserv was previously owned by the firm until Q1 2025, after which the stock price declined due to downward guidance revisions and delays in initiatives [3] - The new management team acknowledged aggressive tactics that compromised long-term customer relationships, leading to a strategic shift towards reinvestment for sustainable growth [3] - Despite current challenges, Fiserv is expected to grow revenues and generate substantial free cash flow during its reinvestment phase, with the firm taking advantage of share price declines to increase its position [3]