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. (JKHY) delivers core banking technology and digital solutions to financial institutions nationwide. This news hub provides investors and industry professionals with essential updates about the company's strategic developments and market position.
Access timely press releases, earnings reports, and product innovation announcements in one centralized location. Our curated collection simplifies tracking regulatory filings, partnership disclosures, and operational milestones relevant to JKHY's role in financial technology infrastructure.
Key updates include system enhancements for credit unions, risk management tool deployments, and digital banking platform expansions. All content is sourced from official channels to ensure accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined monitoring of JKHY's technological advancements and industry contributions. Regular updates provide critical insights for evaluating the company's performance in the competitive fintech sector.
Jack Henry & Associates, Inc. (NASDAQ: JKHY) announced a regular quarterly cash dividend of $.49 per share, payable on June 14, 2022. Stockholders of record as of May 27, 2022 will receive the dividend. As of May 11, 2022, there were 72,864,173 shares of common stock outstanding. This decision reflects the company's commitment to returning value to its shareholders and underscores its ongoing financial health and stability.
Jack Henry & Associates (NASDAQ: JKHY) is partnering with NYDIG to enhance access to bitcoin services for financial institutions. This collaboration allows consumers and businesses to utilize NYDIG's buy-hold-sell capabilities through the Banno Digital Platform and facilitates transactions via JHA PayCenter over the RTP network. This initiative aims to address growing demand for bitcoin services and create non-interest income opportunities for banks and credit unions, ultimately improving their competitive edge.
Jack Henry & Associates (NASDAQ: JKHY) is set to host its Investor Day on May 9, 2022, at 1:00 p.m. CT. The event will feature presentations from the senior leadership team, alongside live Q&A sessions. Stakeholders can access the live audio broadcast and presentation materials via the company's Investor Relations website, with an on-demand replay available after the event. Jack Henry serves around 8,000 clients through its three divisions, focusing on technology solutions for the financial services industry.
Jack Henry & Associates (NASDAQ: JKHY) has appointed Renee Swearingen as Senior Vice President and Chief Accounting Officer, effective May 5, 2022. Swearingen, a 26-year veteran of the company, previously served as Vice President of Finance and Procurement and Assistant Treasurer. In her new role, she will oversee all financial and accounting operations, including SEC reporting and compliance. Her extensive experience and leadership have been pivotal in the company’s success. The announcement underscores Jack Henry’s commitment to fostering seasoned talent within its ranks.
Jack Henry & Associates (NASDAQ: JKHY) reported a strong financial performance for Q3 FY22, with GAAP revenue rising by 10% to $478.3 million and operating income climbing 22% to $111.6 million. Year-to-date, GAAP revenue increased 12% to $1.46 billion, and GAAP EPS improved to $3.84, up 25% from the previous year. The company maintains positive guidance for FY22, expecting GAAP revenue between $1.939 billion and $1.942 billion. However, cash reserves fell to $39.8 million, and debt increased to $225 million, raising some concerns about liquidity amid sustained growth.
Jack Henry & Associates (NASDAQ: JKHY) announced that North Jersey Federal Credit Union (NJFCU) has selected Symitar to host its core in the Jack Henry private cloud. This decision stems from employee usability and aims to enhance efficiency and user experience. Symitar offers improved reporting capabilities and allows easy integration with third-party fintechs. NJFCU's CEO highlighted Jack Henry's ability to meet expectations and provide necessary tools for financial improvement. The collaboration promises flexibility with access to over 850 fintech solutions.
Jack Henry & Associates (NASDAQ: JKHY) will host a live Webcast for its third quarter fiscal year 2022 earnings conference call on May 4, 2022. The earnings press release will be issued after market close on May 3, 2022. The call starts at 7:45 a.m. Central Time and can be accessed on the Jack Henry website. The earnings call can also be joined via US and international dial-in numbers. Jack Henry is a leading SaaS provider for the financial services sector, serving over 8,000 clients through various solutions.
Old Second National Bank has enhanced its partnership with Jack Henry to bolster its digital growth strategy. The collaboration is expected to yield operational efficiencies and advanced banking services by utilizing Jack Henry's technology, including the Banno Digital Platform and jhaEnterprise Workflow. This expansion follows a seven-year modernization journey to upgrade Old Second's technology infrastructure. The bank aims to better serve its customers with innovative fintech solutions via Jack Henry's extensive network of partners.
Jack Henry (NASDAQ: JKHY) announced that Lea County State Bank, based in Hobbs, N.M., will upgrade its technology platform using Jack Henry's digital solutions. This $600-million asset bank aims to compete effectively against larger institutions while enhancing customer satisfaction through modern technology.
The engagement will include the Banno Digital Platform™ and access to over 850 third-party fintechs, ensuring a streamlined experience for both business and retail clients. This partnership reinforces Jack Henry's commitment to community banking and digital transformation.
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