Core Insights - The article discusses the importance of the price-to-book (P/B) ratio in value investing, highlighting its utility in identifying undervalued stocks with strong growth potential [1][2]. Group 1: Understanding P/B Ratio - The P/B ratio is calculated by dividing the current stock price by the book value per share, indicating how much investors pay for each dollar of book value [2][6]. - A P/B ratio of less than one suggests that a stock is undervalued, while a ratio greater than one indicates it may be overvalued [6][7]. - The P/B ratio is particularly relevant for industries with tangible assets, such as finance and manufacturing, but may be misleading for companies with high R&D expenses or negative earnings [9][10]. Group 2: Investment Opportunities - Five stocks identified as having low P/B ratios include StoneCo (STNE), CVS Health (CVS), KT Corporation (KT), KB Financial Group (KB), and USANA Health Sciences (USNA) [11][16]. - These stocks have Zacks Rank 1 or 2 and Value Scores of A or B, with projected EPS growth rates ranging from 11.9% to 49.9%, indicating strong potential [11][17][19][20][21]. Group 3: Screening Parameters - Screening parameters for identifying attractive stocks include P/B ratio less than the industry median, P/S ratio less than the industry median, and P/E ratio less than the industry median [12][13]. - A PEG ratio of less than 1 indicates undervaluation relative to future growth prospects, while a minimum stock price of $5 and an average trading volume of at least 100,000 are also considered [14][15].

NEW YORK, Aug. 21, 2025 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Fiserv, Inc. (NYSE: FI). Shareholders who purchased shares of FI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery. CONTACT US HERE: DEADLINE: September 22, 2025 Shareholders should not delay in registering for this class action. Register your information here: https:// ...

Financial Data and Key Metrics Changes - In Q4, non-GAAP revenue increased by 7.5%, and non-GAAP operating margin was 23.2%, reflecting a margin expansion of 146 basis points compared to the previous year [7][8] - For the fiscal year, non-GAAP revenue reached $2.3 billion, and non-GAAP operating income was $541.1 million, marking record revenue and operating income [8][24] - GAAP revenue for Q4 increased by 10%, while full-year growth was 7% on a GAAP basis and 6% on a non-GAAP basis [24][25] Business Line Data and Key Metrics Changes - Core non-GAAP segment revenue increased by 7% for Q4, with operating margin increasing by 274 basis points [31] - Payments non-GAAP segment revenue grew by 6% for both Q4 and the full year, with non-GAAP margin expansion of 99 basis points [33] - Complementary segment non-GAAP quarterly revenue increased by 11%, with a margin expansion of 155 basis points [34] Market Data and Key Metrics Changes - The company signed 51 new core deals in fiscal year 2025, including 31 banks and 20 credit unions, indicating strong market demand [10] - The company now hosts 77% of its core clients in its private cloud environment, reflecting a shift towards cloud solutions [10] - Total recurring revenue exceeded 91%, showcasing the stability of the revenue model [28] Company Strategy and Development Direction - The company is focused on technology innovation and execution to drive sales and maintain a competitive edge in the market [8][22] - A strategic phased approach to stablecoin solutions is being adopted, ensuring compliance with upcoming regulations while leveraging existing infrastructure [20][21] - The company aims to increase share repurchases and remain open to M&A opportunities, supported by a strong balance sheet with zero debt [34][107] Management's Comments on Operating Environment and Future Outlook - Management anticipates slight revenue headwinds due to industry consolidation, renewal pricing pressure, and macroeconomic uncertainty, but remains optimistic about margin expansion and free cash flow [8][39] - The company expects to generate sustainable, accretive sources of margin, with guidance for annual non-GAAP margin expansion of 20 to 40 basis points [38][39] - Management emphasized that the long-term growth opportunities remain intact despite short-term headwinds from bank M&A activity [66][67] Other Important Information - The company achieved a record operating cash flow of $642 million for fiscal year 2025, with free cash flow conversion at an impressive 90% [34] - The company received recognition in multiple publications for its workplace culture, reflecting its commitment to employee satisfaction [12] - The successful migration of Fedwire funds to ISO 20022 was highlighted as a significant achievement, enhancing capabilities in fraud detection and data sharing [13] Q&A Session Summary Question: Aggregate demand environment and implementation cycles - Management noted improvements in consulting engagements and implementation cycles, with some delays from the previous quarter now resolved [46][48] Question: Revenue guidance range - The wider revenue guidance range was introduced to provide more operational flexibility in light of macroeconomic variables [50][51] Question: Fiscal 2026 revenue outlook by segment - Core segment is expected to remain solid, while payments may experience slight headwinds, and complementary segment is anticipated to grow at the higher end of the growth range [55][57] Question: Impact of bank M&A on revenue outlook - Management indicated that while there are short-term revenue headwinds from bank M&A, the long-term growth opportunities remain solid [60][66] Question: Pricing pressure on renewals - Pricing pressure is observed in both renewals and new contracts, but management is implementing strategies to manage this effectively [77][80] Question: Progress of partnership with Move - The partnership has exceeded expectations, with significant interest and excitement from Visa and MasterCard regarding the rapid certification process [82][84] Question: Key levers for margin expansion - Key components for margin expansion include process improvement, efficiency in headcount management, and migration to cloud solutions [88][91]

Core Insights - Jack Henry & Associates, Inc. reported record revenue and operating income for fiscal year 2025, reflecting strong performance in technology spending and sales wins for core and complementary solutions [5][6][7] - The company is well-positioned for long-term growth with a focus on culture, service, innovation, strategy, and execution as it enters fiscal year 2026 [5] Fiscal Year 2025 Summary - GAAP revenue for the fiscal year ended June 30, 2025, was $2,375.3 million, a 7.2% increase from $2,215.5 million in the prior fiscal year [7][8] - GAAP operating income increased by 16.2% to $568.7 million compared to $489.4 million in the previous year [9][12] - GAAP EPS rose to $6.24 per diluted share, up from $5.23 in the prior year, marking a 19.3% increase [13] Fourth Quarter Performance - For the fourth quarter ended June 30, 2025, GAAP revenue was $615.4 million, a 9.9% increase from $559.9 million in the same quarter of the previous year [7][14] - GAAP operating income for the fourth quarter increased by 23.9% to $155.7 million compared to $125.6 million in the prior year quarter [9][12] - Non-GAAP adjusted revenue for the fourth quarter was $594.9 million, reflecting a 7.5% increase year-over-year [14] Segment Performance - Core segment revenue increased by 10.3% in the fourth quarter, while payments segment revenue rose by 7.9% [11] - For the fiscal year, core segment revenue grew by 7.0%, and payments segment revenue increased by 6.8% [11] Guidance for Fiscal Year 2026 - The company provided guidance for fiscal year 2026, projecting GAAP revenue between $2,475 million and $2,504 million, representing a growth of 4.2% to 5.4% [2][35] - Non-GAAP adjusted revenue is expected to be between $2,459 million and $2,488 million, indicating a growth of 5.8% to 7.0% [35] Financial Position - Cash and cash equivalents increased to $102.0 million at June 30, 2025, compared to $38.3 million at June 30, 2024 [7][42] - The company had no outstanding debt as of June 30, 2025, down from $150.0 million in the previous year [7][42] - Stockholders' equity rose to $2,131 million at June 30, 2025, compared to $1,842 million at June 30, 2024 [42]

Innovation & Failure - The innovation industry faces a high failure rate, with 7 out of 8 innovations failing [2][20] - The primary reason for innovation failure is that people inherently resist innovation until it becomes a necessity [6][9][12] - Innovations often fail because they are perceived as "nice-to-haves" rather than "must-haves" [11] GCash Case Study - GCash, a mobile wallet, is the most adopted financial innovation in Philippine history with 94 million users and 84 million active users [3][4] - GCash achieved a total transaction value of 1.5 trillion pesos [4] - Despite launching in 2004, GCash only gained widespread adoption during the 2020 pandemic, highlighting the "hate innovation until you need it" phenomenon [5][6] Intentionality in Innovation - The acceptance of innovation is heavily dependent on intention, specifically whether it addresses an immediate need ("rage against a burning present") or aims for an idealized future [17][18][19] - Innovations driven by a desire to solve urgent problems ("must-haves") are more likely to succeed than those focused on creating a desirable future ("nice-to-haves") [18][21] M-Pesa Comparison - M-Pesa, the mobile wallet in Kenya, achieved immediate success by providing a critical service (safe money transfer) that addressed an urgent need, unlike GCash which was initially seen as a "nice-to-have" [13][14][16]

Core Insights - The quarter showed solid operations and progress in services and product offerings, with significant revenue growth and controlled operating costs leading to increased earnings compared to the previous year [2][6]. Financial Performance - Revenues in Q2 2025 reached ISK 7,196 million, a 4.7% increase from ISK 6,871 million in Q2 2024 [7] - Mobile, data transmission, and television services revenue grew by 2.5% year-on-year [7] - Advertising revenues rose to ISK 604 million, up 12.9% from ISK 535 million in the same period last year [7] - EBITDA for Q2 2025 was ISK 1,924 million, an 11.5% increase from ISK 1,726 million in Q2 2024 [7] - The EBITDA margin improved to 26.7% from 25.1% in the prior year [7] - EBIT increased to ISK 931 million, a 46.4% rise from ISK 636 million in Q2 2024 [7] - Net profit in Q2 2025 was ISK 537 million, a 120.1% increase from ISK 244 million in Q2 2024 [7] - Earnings per share rose to ISK 0.22, up 144.4% from ISK 0.09 in Q2 2024 [7] - Net interest-bearing debt was ISK 19.1 billion at the end of Q2 2025, compared to ISK 17.2 billion at year-end 2024 [7] - The equity ratio was 40.3% at the end of Q2 2025, with total equity of ISK 16.9 billion [7] Business Developments - Síminn signed agreements for HBO Max and Hayu streaming services, leading to a 20% increase in viewings for Síminn Premium TV between June and July [3] - Síminn provided English Premier League broadcasts across its distribution network, ensuring continued access to sports content [4] - Síminn's fintech activities saw strong growth, with active users of Noona reaching 84 thousand, a 26% increase year-on-year [5] Future Outlook - The outlook for operations is positive, with strong core business performance and ongoing development of new revenue streams in telecoms, media, and fintech [6] - Síminn's strong infrastructure supports expansion into new areas [6] Leadership Transition - The report marks the last under CFO Óskar Hauksson, who has been with the company since 2005, highlighting his contributions to Síminn's financial management [8]

Core Insights - Usio, Inc. has achieved the Great Place To Work® Certification, indicating a strong workplace culture and employee satisfaction, with 81% of employees affirming it as a great place to work, which is 24 points higher than the average U.S. company [1][2] Company Overview - Usio, Inc. is a leading FinTech company that provides integrated, cloud-based electronic payment solutions, including credit, debit/prepaid, and ACH payment processing platforms [4] - The company offers tailored solutions for card issuance, payment acceptance, and bill payments, and operates through its Usio Output Solutions division, which provides electronic bill presentment and related services [4] Employee Experience - The Great Place To Work Certification is based on employee feedback, highlighting Usio's commitment to a positive work environment [2][5] - Employees at certified workplaces are significantly more likely to have a positive outlook on their jobs, with 93% looking forward to coming to work and being twice as likely to feel fairly compensated [2] Recognition and Impact - The certification reflects Usio's dedication to employee experience and workplace culture, positioning the company as a top employer in the industry [2][5] - The recognition is part of a global benchmark for outstanding employee experience, with over 10,000 companies applying for certification annually [5]

Core Insights - Finzly has integrated its modern payment infrastructure with Q2's Digital Banking Platform, enhancing payment experiences for financial institutions and their account holders [1][4] - The integration allows for seamless cross-border, domestic, and instant payments, providing real-time visibility and competitive foreign exchange rates [2][3] - Finzly's platform supports all major payment rails, enabling financial institutions to quickly enhance their offerings and meet customer expectations without complex implementation [3][4] Company Overview - Finzly specializes in banking transformation through simple technology solutions, offering a unified platform that supports various payment methods including ACH, Fedwire, SWIFT, and instant payments [6] - Q2 Holdings, Inc. is a leading provider of digital transformation solutions for financial services, serving a wide range of clients including banks and fintechs [7]

Core Viewpoint - A class action securities lawsuit has been filed against Fiserv, Inc. alleging securities fraud that negatively impacted investors between July 24, 2024, and July 22, 2025 [1][2]. Group 1: Allegations of Fraud - The lawsuit claims that Fiserv made false statements regarding its Clover platform, which was forced upon Payeezy merchants due to issues with the older platform [2]. - It is alleged that the revenue growth of Clover was artificially inflated by these conversions, masking a slowdown in new merchant acquisitions [2]. - Following the conversions, many former Payeezy merchants reportedly switched to competitors due to Clover's high pricing and poor customer service [2]. - As a result of these merchant losses, Clover's growth in Gross Payment Volume (GPV) and revenue was said to be unsustainable [2]. - The lawsuit contends that Fiserv's positive statements about Clover's growth strategies and business prospects were materially false and misleading [2]. Group 2: Legal Process and Participation - Investors who suffered losses during the specified period have until September 22, 2025, to request to be appointed as lead plaintiff in the case [3]. - Class members may be entitled to compensation without any out-of-pocket costs or fees, and participation does not require serving as a lead plaintiff [3]. Group 3: Firm Background - Levi & Korsinsky, LLP has a history of securing significant settlements for shareholders and has been recognized as one of the top securities litigation firms in the U.S. for seven consecutive years [4].

Core Insights - Broadridge Financial Solutions has acquired Signal, enhancing its digital capabilities and market expertise in the UK and Europe, which will strengthen its financial communications solutions [1][2] - The acquisition aims to globalize Broadridge's digital communications solutions, allowing better service for clients with operations outside North America [2][3] - Signal specializes in omni-channel communications for financial services, providing design, technology, and consulting services to facilitate the transition from legacy print to digital [2][3] Company Overview - Broadridge processes over 7 billion communications annually and supports daily trading of over $15 trillion in various securities globally [6] - The company serves nearly every major financial institution in North America and many globally, leveraging technology and regulatory expertise to ensure compliance with evolving rules [3][6] - Broadridge is part of the S&P 500 Index and employs over 15,000 associates across 21 countries [6] Signal Overview - Signal is a UK-based customer communications specialist that aids enterprises in banking, insurance, and social sectors in accelerating digital transformation [6][7] - The company combines strategic advisory and consulting with proprietary technology to enhance customer interactions through a modern, customer-led approach [7]