Welcome to our dedicated page for Henry (Jack) & Associates news (Ticker: JKHY), a resource for investors and traders seeking the latest updates and insights on Henry (Jack) & Associates stock.
Jack Henry & Associates, Inc. reports developments for a financial technology company serving banks and credit unions with core processing, digital banking, payments, lending, fraud and anti-money-laundering, and data-integration capabilities. Company updates often cover client selections for outsourced core systems, the Banno Digital Platform, SilverLake, CIF 20/20, Core Director, Symitar, and third-party connections through the Jack Henry Fintech Integration Network.
Recurring news also includes quarterly earnings, deconversion revenue disclosures tied to client contract terminations after bank acquisitions, capital returns through dividends and share repurchases, credit-union and community-bank deployments, product recognition for Tap2Local, and executive participation in investor conferences.
Jack Henry (NASDAQ: JKHY) has been selected by Mercantile Bank, Michigan's largest community bank with $6.2 billion in assets, to modernize its technology infrastructure. The partnership follows a comprehensive two-year evaluation process involving over 60 stakeholders.
Mercantile Bank, operating nearly 50 locations statewide, will implement Jack Henry's core processing platform and Enterprise Workflow solution to enhance operations, automate processes, and improve system integration. The bank aims to support its expansion strategy across Michigan, particularly in Detroit, Eastern Michigan, and the Lakeshore regions.
Jack Henry (Nasdaq: JKHY) has announced the winners of its 2025 Cobalt Awards, recognizing six financial institutions and fintechs for their innovative achievements in financial services. The awards were presented at the Jack Henry Connect conference in San Diego.
The winners across three categories demonstrated significant impacts: Bangor Savings Bank managed over $10M in disability accounts, Delta Community Credit Union improved financial education outcomes, Simmons Bank achieved 96% fraud reduction, Y-12 Federal Credit Union reduced fraud by 93%, while fintechs Bits of Stock and equipifi successfully integrated innovative solutions driving increased digital banking engagement.
Jack Henry (Nasdaq: JKHY) has announced a strategic partnership with Bits of Stock to integrate fractional stock rewards into its Banno Digital Platform™. This alliance enables banks and credit unions to offer their customers investment opportunities through everyday transactions.
The platform allows consumers to open free investment accounts directly through their financial institutions, with features including stock rewards on purchases and round-ups. According to Bits of Stock data, users typically see 40% balance increases within 12 months, and their commissioned NYU Stern study found stock rewards are 34 times more effective than cash rewards at increasing customer spending.
Credit Union One of Oklahoma has already implemented the system across all checking account tiers, from free accounts with round-ups to premium accounts offering 1% stock rewards on purchases.
equipifi has joined the Jack Henry (NYSE:JKHY) Fintech Integration Network (FIN), enabling integration with the SilverLake System® through jXchange™ services. This strategic move allows equipifi to expand its Buy Now, Pay Later (BNPL) platform accessibility to hundreds more financial institutions.
The integration facilitates faster deployment of equipifi's BNPL solution for financial institutions using SilverLake System, enabling them to quickly launch in-house BNPL programs. The platform has already been successfully implemented by dozens of institutions using Jack Henry's Symitar® core since 2022, and this expansion aims to make bank BNPL more widely available to U.S. consumers.
Jack Henry & Associates (NASDAQ: JKHY) has appointed President and CEO Greg Adelson to its Board of Directors, effective August 22, 2025. This appointment expands the Board from nine to ten directors. Adelson, who joined the company in 2011, has served in various leadership roles including Group President of iPay Solutions, General Manager of JHA Payment Solutions, and Chief Operating Officer.
Adelson became President in January 2022 and assumed the CEO role in July 2024. He will continue to serve in both positions alongside his new Board responsibilities. Board Chair David Foss praised Adelson's leadership, strategic vision, and contributions to Jack Henry's growth over his 14-year tenure.
Jack Henry & Associates (NASDAQ:JKHY) has announced a regular quarterly cash dividend of $0.58 per share on its common stock. The dividend will be paid on September 26, 2025, to stockholders of record as of September 5, 2025.
MeridianLink (NYSE: MLNK) and Jack Henry (Nasdaq: JKHY) have expanded their strategic partnership, building upon their successful 15-year relationship serving over 500 banks and credit unions. Under the expanded agreement, Jack Henry will resell the complete suite of MeridianLink One platform solutions, including MeridianLink Mortgage and MeridianLink Consumer.
The collaboration aims to enhance digital lending and account opening experiences by providing integrated solutions across consumer and mortgage lending. The MeridianLink One platform offers comprehensive banking software solutions, including deposit account opening, loan origination, credit reporting, data verification, analytics, and collections services.
Jack Henry & Associates (NASDAQ:JKHY) reported strong Q4 and full fiscal year 2025 results, with notable growth across key metrics. Q4 GAAP revenue increased 9.9% to $615.4 million, while GAAP operating income rose 23.9%. Q4 diluted EPS reached $1.75, up from $1.38 year-over-year.
For FY2025, the company achieved 7.2% revenue growth to $2.38 billion and 16.2% operating income growth. GAAP EPS for the full year was $6.24, compared to $5.23 in FY2024. The company's financial position strengthened with cash and equivalents of $102.0 million and zero debt outstanding.
Looking ahead, Jack Henry provided FY2026 guidance projecting revenue between $2.475-$2.504 billion and EPS of $6.32-$6.44.
Jack Henry (Nasdaq: JKHY) has announced the initial launch of Tap2Local, a cloud-native digital payments solution enabling banks and credit unions to provide enhanced services to small and medium-sized businesses (SMBs). The solution, developed with Moov, allows merchants to accept debit and credit card payments through tap-to-pay functionality on iOS and Android devices without additional hardware.
Currently in closed beta testing, Tap2Local will be rolled out to over 1,000 financial institutions on the Banno Digital Platform. According to Jack Henry's 2025 Strategy Benchmark Survey, 80% of clients plan to expand SMB services, with 70% focusing on payments. Research shows 82% of small businesses desire more payment options from their primary financial institution.
Jack Henry (NASDAQ:JKHY) reported its deconversion revenue results for Q4 and full fiscal year 2025. The company generated $20.5 million in deconversion revenue for Q4 FY2025, bringing the total fiscal year 2025 deconversion revenue to $33.9 million.
The company explained that deconversion revenue primarily occurs when their clients are acquired by other financial institutions, leading to contract terminations. Due to the non-operational nature of this revenue stream and its dependence on external factors, Jack Henry excludes deconversion revenue from its non-GAAP revenue reporting in quarterly and annual earnings releases.