Welcome to our dedicated page for Jack Henry & Associates news (Ticker: JKHY), a resource for investors and traders seeking the latest updates and insights on Jack Henry & Associates stock.
Jack Henry & Associates, Inc. (Nasdaq: JKHY) is an S&P 500 financial technology company that regularly issues news about its technology platforms, client relationships, research, and corporate actions. This JKHY news page aggregates press releases and media coverage so readers can follow how the company works with banks and credit unions and how its technology evolves over time.
Recent news highlights include the rollout of Jack Henry Rapid Transfers, a cloud-native solution that enables fast, secure me-to-me money movement using debit card rails and integrations with Visa Direct and Mastercard Move. Other stories feature banks and bank holding companies such as Sanibel Captiva Community Bank, Putnam Greene Financial Corporation, CFG Bank, QCR Holdings, Inc., and Traditional Bank selecting Jack Henry’s modern core processing platforms, Banno Digital Platform, and related solutions to modernize technology, streamline operations, and enhance digital experiences.
Investors and industry professionals can also read about Jack Henry’s research initiatives, such as the 2025 Financial Sentiment Study: Consumer Report, which examines consumer financial confidence and digital expectations, as well as announcements of awards earned by client institutions using Jack Henry web hosting and design services. Corporate updates, including dividend declarations and participation in conferences hosted by firms like UBS and Nasdaq, provide additional context on the company’s financial and investor relations activities.
By reviewing the JKHY news feed, readers gain insight into how Jack Henry’s platforms are adopted across community and regional institutions, how its open ecosystem and cloud-based strategy are applied in real-world deployments, and how the company positions itself within the broader financial services technology landscape. Bookmark this page to access an organized stream of Jack Henry announcements, client case studies, research releases, and governance-related news.
Jack Henry & Associates (NASDAQ: JKHY) has announced a regular quarterly cash dividend of $0.55 per share. The dividend will be paid on September 27, 2024, to stockholders of record as of September 6, 2024. This declaration by the Board of Directors maintains the company's consistent dividend policy, demonstrating its commitment to returning value to shareholders. The dividend applies to JKHY's common stock, which has a par value of $0.01 per share.
Jack Henry & Associates reported its Q4 and full year fiscal 2024 results. GAAP revenue for Q4 increased by 4.7% to $559.9 million, and for the fiscal year, it rose by 6.6% to $2.22 billion. Non-GAAP adjusted revenue for Q4 grew by 6.4% to $553.2 million, and for the fiscal year, it was up by 7.4% to $2.2 billion. GAAP EPS for Q4 was $1.38, up from $1.34 in the prior year, while fiscal year EPS was $5.23 compared to $5.02 last year. Full-year guidance for fiscal 2025 projects revenue between $2.369 billion and $2.391 billion, with a GAAP EPS range of $5.78 to $5.87.
Services and support revenue increased by 1.5% for Q4 and 5.0% for the fiscal year. Processing revenue saw a rise of 9.2% for Q4 and 8.9% for the year. Operating income for Q4 was up by 1.2% to $125.6 million and for the year it grew by 1.8% to $489.4 million. Net income for Q4 increased by 3.4% to $101.1 million and by 4.1% to $381.8 million for the year.
The company highlighted robust technology spending and demand for innovative solutions as key factors driving growth. Cash and cash equivalents at the end of the fiscal year were $38 million, with an outstanding debt of $150 million related to credit facilities.
TwinStar Credit Union continues its long-standing relationship with Jack Henry (Nasdaq: JKHY) following a successful merger with Northwest Community Credit Union (NWCU). The merged entity, operating under the TwinStar name, now serves over 250,000 members across Washington and Oregon, with $4.3 billion in assets, 36 locations, and more than 700 employees.
TwinStar's decision to maintain its partnership with Jack Henry is attributed to the company's open, scalable technology and strong leadership support. The credit union has experienced significant growth since joining Jack Henry in 1987, expanding from $50 million to $2.2 billion in assets pre-merger. TwinStar CEO Jeff Kennedy praised Jack Henry's unified strategy for providing the freedom to innovate and deliver value without constraints.
The partnership aims to support TwinStar's long-term growth goals, enhance member service, and maintain relevance in a competitive market, particularly among younger generations.
Jack Henry & Associates (Nasdaq: JKHY) reported its fourth quarter 2024 deconversion revenue results. The company announced $6.7 million in deconversion revenue for the fiscal fourth quarter ended June 30, 2024, and $16.6 million for the full fiscal year 2024. Deconversion revenue primarily occurs when a Jack Henry customer is acquired by another financial institution, leading to contract termination. The company excludes this revenue from non-GAAP reports as it doesn't represent ongoing business operations. For updated guidance on deconversion revenue estimates, investors are directed to Jack Henry's August 3, 2023 Form 8-K filing with the SEC.
Jack Henry & Associates (NASDAQ: JKHY) has announced its upcoming fourth quarter and fiscal year-end 2024 earnings call, scheduled for August 21, 2024. The company will release its earnings press release after market close on August 20, 2024. The live webcast will begin at 7:45 a.m. Central Time on the company's website. Investors can access the call via US dial-in number 833-630-0605 or international number +1 412-317-1830.
Additionally, Jack Henry will release its fourth quarter 2024 deconversion revenue results separately, with the press release scheduled for after market close on August 12, 2024. This early release of deconversion revenue data precedes the full quarterly earnings report.
Jack Henry & Associates Inc. (Nasdaq: JKHY) has appointed Tammy LoCascio and Lisa Nelson to its Board of Directors on July 22, 2024. The company has temporarily expanded its Board from nine to ten directors until the 2024 Annual Meeting of Stockholders. LoCascio, 55, is the Senior Executive VP and COO of First Horizon , bringing expertise in banking strategy, technology, operations, and human capital management. Nelson, 61, is the President of Equifax Inc. International business, offering experience in managing technology companies, strategic acquisitions, and growth initiatives. Both appointments aim to add unique perspectives and expertise to Jack Henry's Board.
Jack Henry (Nasdaq: JKHY) reports significant growth for three de novo banks in the Southeastern U.S. - Craft Bank, RockPointBank, and Moultrie Bank & Trust. These banks, established within the last four years, have experienced steady growth using Jack Henry's modern technology platform. Key factors contributing to their success include:
- Local ownership and decision-making
- Rapid population growth in the Southeast
- Jack Henry's robust technology solutions
Craft Bank ($230M assets) and RockPointBank ($280M assets) focus on serving SMBs, while Moultrie Bank & Trust ($100M assets) caters to both retail and commercial customers. All three banks highlight Jack Henry's role in enabling them to compete with larger institutions while providing personalized banking experiences.
Jack Henry (Nasdaq: JKHY) has been named one of America's best mid-size companies for 2024 by TIME and Statista. The recognition highlights the company's strong performance in employee satisfaction, revenue growth, and sustainability. Jack Henry, known for its commitment to taking care of associates, servicing clients, bettering communities, and rewarding shareholders, was evaluated based on 15 criteria across three dimensions: employee satisfaction, revenue growth, and sustainability transparency. CEO Greg Adelson expressed pride in the achievement, which aligns with Jack Henry's recent recognition as one of the 2024 – 2025 Best Companies to Work For by U.S. News & World Report.
Jack Henry, a technology solutions provider, announced that First Federal Bank of Kansas City (FFBKC) has selected its services to drive growth and innovation. FFBKC, a mutual bank with $960 million in assets, aims to enhance customer experience and expand its small business services, particularly in real estate. Jack Henry's hosted core processing solution and Banno Digital Platform will streamline operations and improve digital banking for retail and commercial customers. The bank's expansion plan includes offering loans to SMBs, supported by Jack Henry's enterprise solutions like treasury, document, and workflow management, and LoanVantage for commercial real estate lending. Both companies share a strong local community focus, and the partnership will help FFBKC surpass $1 billion in assets while remaining agile and responsive to market opportunities.
Jack Henry (NASDAQ: JKHY) announced that Quail Creek Bank, a single-location community bank in Oklahoma City with $800 million in assets, has chosen Jack Henry to enhance its competitive edge and customer experience. The bank aims to leverage Jack Henry's SilverLake System® to automate internal processes, enable real-time payments, digital account opening, and electronic document delivery. Celebrating its 50th anniversary, Quail Creek Bank plans to maintain its local decision-making and quality customer service amidst competition from megabanks and regional institutions. The bank's technology modernization plan also includes better vendor integration through Jack Henry's open ecosystem, providing access to over 950 API-integrated third-party fintechs.