Core Insights - The Cobalt Awards program by Jack Henry is entering its second year, aimed at recognizing innovation and community dedication among financial institutions and fintechs [1][5] - The awards focus on celebrating creativity, inspiring relationships, and showcasing success stories within the financial sector [2] Award Categories - There are three award categories: The Barrier Breaker, The Changemaker, and The Integrator [3][8] - The Barrier Breaker recognizes one bank and one credit union for their efforts in improving financial health [8] - The Changemaker honors one bank and one credit union for their achievements in using technology and innovation [8] - The Integrator celebrates two fintechs for enhancing user experience and financial health [8] Eligibility and Judging - Nominees must be existing Jack Henry customers and utilize at least one Jack Henry solution [4] - Fintech entrants must be part of Jack Henry's ecosystem through specific programs [4] - Entries should include compelling storytelling with quantifiable metrics [4] Prizes and Recognition - Winners will receive a $10,000 donation to a charity of their choice, free registration and travel to Jack Henry Connect 2025, and a Cobalt Award Trophy [9] - Additional benefits include premium booth placement for fintechs and promotional materials [9] Company Overview - Jack Henry is a financial technology company listed on Nasdaq, focusing on strengthening connections between financial institutions and their clients [6] - The company has been providing technology solutions for over 48 years, serving approximately 7,500 clients [6]

SAN FRANCISCO, April 14, 2025 /PRNewswire/ -- Extole, a customer acquisition and engagement platform, announced today that their Refer-a-Friend solution is now accessible through the Jack Henry™ digital banking platform. Extole leveraged the Banno Digital Toolkit™, the same set of APIs the Banno Digital Platform™ is built on, to embed its technology into the digital experiences offered by community and regional financial institutions. Access to Jack Henry's API, design, and authenticated frameworks has enab ...

Core Viewpoint - Jack Henry (JKHY) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system emphasizes the correlation between changes in earnings estimates and stock price movements, suggesting that upward revisions can lead to increased buying pressure and higher stock prices [4][5]. - For the fiscal year ending June 2025, Jack Henry is projected to earn $5.85 per share, reflecting an 11.9% increase from the previous year, with a 0.7% rise in the Zacks Consensus Estimate over the past three months [8]. Zacks Rating System - The Zacks Rank system categorizes stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have averaged a +25% annual return since 1988 [7]. - Jack Henry's upgrade to Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term due to favorable earnings estimate revisions [10].

Core Insights - BCU has extended its partnership with Jack Henry to leverage cloud-based technology for growth and enhanced member service [1][3][5] Company Overview - BCU has grown from $529 million in assets in 1999 to $6 billion today, serving over 350,000 members across various markets [2][3] - Jack Henry is a financial technology company that provides solutions to approximately 7,500 clients, focusing on innovation and integration with fintechs [6] Technology and Innovation - BCU has migrated its technology assets to Jack Henry's private cloud, allowing for streamlined operations and a focus on innovation [2][4] - The credit union plans to expand its member base and believes Jack Henry's cloud platform will support this growth while maintaining operational efficiency [4] Strategic Goals - BCU values the integration capabilities provided by Jack Henry's open APIs, which allow seamless collaboration with other fintechs [4] - The partnership aims to enhance payment capabilities through JHA PayCenter, utilizing services like Zelle and FedWire for improved transaction efficiency [4]

Core Insights - Jack Henry has been selected by Border Bank to upgrade its technology infrastructure to enhance customer experience and operational efficiency as the bank approaches $1 billion in assets [1][2] - The new core processing system from Jack Henry will replace outdated processes, improving operational efficiency and providing a digital platform for retail, business, and enterprise clients [3] - Border Bank's decision was influenced by Jack Henry's commitment to innovation, transparency, and customer service, which aligns with the bank's long-term growth strategy [4] Company and Industry Overview - Border Bank, established in 1935, has expanded its services beyond agricultural needs to various industries, including manufacturing and commercial real estate, in North Dakota and metro Minneapolis [2] - Jack Henry is an S&P 500 financial technology company that offers a vibrant ecosystem of modern capabilities and integration with leading fintechs, serving approximately 7,500 clients [6] - The partnership with Jack Henry will enable Border Bank to access over 950 API-integrated third-party fintechs, allowing for strategic differentiation and modernization of services [4][5]

Credit union selects Jack Henry for long-term stability and support MONETT, Mo., March 19, 2025 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) is pleased to announce that Capital Credit Union converted to Jack Henry's Symitar® platform and complementary products to support its future growth. The credit union dates back to 1936, founded by state employees meeting in the North Dakota Capitol building with a mission to support financial well-being and provide reliable credit. Over the years, the credit union flour ...

Collaboration enables banks and credit unions to better serve the payment needs of consumers and small businesses MONETT, Mo., March 17, 2025 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today an extended collaboration with Mastercard to offer Mastercard Move, Mastercard's portfolio of money transfer solutions, through Jack Henry Rapid Transfers™, a cloud-native service that will enable near-real time* money movement. This includes account funding and a variety of payment use cases in the United Sta ...

Core Viewpoint - Jack Henry & Associates reported mixed results for Q2 fiscal 2025, with earnings exceeding estimates but revenues falling slightly short, leading to a cautious outlook for the upcoming period [2][4][9]. Financial Performance - Q2 fiscal 2025 GAAP earnings were $1.34 per share, beating the Zacks Consensus Estimate by 2.3% and reflecting a 6.3% year-over-year increase [2]. - Revenues for the quarter were $573.85 million, missing the consensus estimate by 0.4% but showing a 5.2% year-over-year growth [2]. - Non-GAAP revenues, after adjusting for deconversion revenues, were $573.78 million, up 6.1% year over year, with adjusted earnings at $1.35 per share, a 10.4% increase year over year [3]. Segment Performance - Services and Support revenues accounted for 56.3% of total revenues, totaling $323.03 million, which was a 3.5% increase year over year but missed the consensus mark [4]. - Processing revenues, making up 43.7% of total revenues, were $250.8 million, up 7.3% year over year, slightly surpassing the consensus [5]. - Core segment revenues were $173.2 million, reflecting a 4.6% year-over-year increase [5]. - Payments revenues were $214.8 million, a 5.4% increase year over year, while Complementary revenues were $160.9 million, up 5.6% year over year [6]. Profitability Metrics - Adjusted EBITDA for the quarter was $175.4 million, a 6.3% year-over-year increase, with an adjusted EBITDA margin of 30.6%, expanding by 40 basis points [6]. - Adjusted operating income rose 7.3% year over year to $123 million, although the adjusted operating margin contracted by 40 basis points to 21.4% [7]. Balance Sheet Overview - As of December 31, 2024, cash and cash equivalents were $25.6 million, down from $43 million as of September 30 [8]. - Total debt increased to $150 million from $140 million, while net cash from operating activities was $206.5 million, with free cash flow at $87.7 million for the six months ended December 31 [8]. Guidance and Outlook - For fiscal 2025, the company maintained its GAAP revenue expectations in the range of $2.369-$2.391 billion and non-GAAP revenues between $2.353-$2.375 billion [9]. - GAAP operating margin is anticipated to be between 23% and 23.2%, while adjusted operating margin is expected between 22.7% and 22.8% [9]. - Management projects GAAP earnings per share in the range of $5.78-$5.87 [10]. Market Sentiment - Recent estimates for the stock have been trending downward, indicating a cautious sentiment among investors [11]. - Jack Henry currently holds a Zacks Rank 2 (Buy), suggesting an expectation of above-average returns in the coming months despite the downward estimate revisions [13].

MONETT, Mo., Feb. 10, 2025 /PRNewswire/ -- Jack Henry & Associates, Inc. (NASDAQ: JKHY) today announced its Board of Directors increased the quarterly dividend by six percent (6%) to $.58 per share. The cash dividend on its common stock, par value $.01 per share, is payable on March 25, 2025, to stockholders of record as of March 6, 2025. Jack Henry has paid consecutive quarterly dividends since 1991, and 2024 marked the 21st consecutive year of an increasing dividend. About Jack Henry & Associates, Inc.®  ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______________ to ________________ Commission file number 0-14112 JACK HENRY & ASSOCIATES, INC. (Exact name of registrant as specified in its charter) Delaware 43-112 ...