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FM BANK and Quoin Financial Bank Select Jack Henry to Elevate Service
Prnewswire· 2026-03-24 12:30
FM BANK and Quoin Financial Bank Select Jack Henry to Elevate Service Accessibility StatementSkip Navigation Midwestern banks to gain competitive edge with modern banking experiences About Jack Henry & Associates, Inc.®Jack Henry® (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. We are an S&P 500 company that prioritizes openness, collaboration, and user centricity – offering banks and credit u ...
Jack Henry Tap2Local™ Named "Small Business Payments Solution of the Year" in 2026 FinTech Breakthrough Awards Program
Prnewswire· 2026-03-19 14:15
Prestigious annual awards program recognizes outstanding financial technology products and companies around the world. MONETT, Mo., March 19, 2026 /PRNewswire/ -- Jack Henry® (Nasdaq: JKHY) today announced that its Tap2Localâ"¢ solution has received the "Small Business Payments Solution of the Year" award in the 10th annual FinTech Breakthrough Awards program. The program is conducted by FinTech Breakthrough, an independent market intelligence organization that recognizes top companies, technologies, and pr ...
Jack Henry & Associates, Inc. Reports Second Quarter Fiscal 2026 Results
Prnewswire· 2026-02-03 21:15
Core Insights - Jack Henry & Associates, Inc. reported strong financial results for the second quarter of fiscal year 2026, with GAAP revenue increasing by 7.9% and GAAP operating income rising by 29.4% compared to the same quarter in the previous fiscal year [5][13] - Non-GAAP adjusted revenue grew by 6.7% and non-GAAP adjusted operating income increased by 24.3% for the same period [5][13] - The company achieved a GAAP EPS of $1.72, reflecting a growth of 28.6% year-over-year [5][11] Financial Performance - For the fiscal three months ended December 31, 2025, total revenue was $619.3 million, up from $573.8 million in the prior year, marking a 7.9% increase [7][15] - For the fiscal six months ended December 31, 2025, total revenue reached $1.264 billion, a 7.6% increase from $1.175 billion in the same period last year [7][15] - The company’s operating income for the second quarter was $159.1 million, a 29.4% increase from $123.0 million in the prior year [10][15] Segment Performance - Core segment revenue increased by 8.4% in the second quarter, while payments segment revenue rose by 8.0% [9][12] - Complementary segment revenue grew by 9.6%, whereas corporate and other segment revenue decreased by 9.8% [9][12] - For the fiscal six months, core segment revenue increased by 4.2%, payments segment revenue by 8.5%, and complementary segment revenue by 9.9% [9][12] Guidance for Fiscal Year 2026 - The company provided guidance for fiscal year 2026, projecting GAAP revenue between $2.508 billion and $2.525 billion, with an operating margin of 24.3% to 24.5% [3][31] - Non-GAAP adjusted revenue is expected to be between $2.474 billion and $2.491 billion, with a growth rate of 6.4% to 7.1% [31][32] Cash Flow and Balance Sheet - Cash and cash equivalents stood at $28.2 million as of December 31, 2025, compared to $25.7 million a year earlier [5] - The company reported outstanding debt of $20 million at the end of December 2025, significantly reduced from $150 million a year prior [5]