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. 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 & Associates (NASDAQ: JKHY) announced that its President & CEO Greg Adelson will present at Bernstein's 41st Annual Strategic Decisions Conference on May 28th at 11:00 a.m. ET. The presentation will be available via live webcast, with a replay accessible on the company's investor relations website ir.jackhenry.com following the event.
Jack Henry (JKHY) has been selected by SouthTrust Bank to modernize its technology infrastructure. SouthTrust Bank, a Texas-based institution with $550 million in assets and eight locations across South Texas and Houston, aims to enhance its operations and pursue aggressive growth with a target of reaching $2 billion in assets over the next decade.
The partnership will implement Jack Henry's core processing system to streamline workflows and enable fintech integrations. SouthTrust Bank will gain access to the Jack Henry Digital Platform and modern payment solutions including Zelle®, Apple Pay, and instant debit card issuance. The bank, known for its community focus and specialized services like mortgage lending for foreign nationals, expects these technological improvements to strengthen its competitive position and support its expansion strategy.
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 June 18, 2025, to shareholders who are registered as stockholders of record by May 29, 2025. The dividend applies to the company's common stock with a par value of $0.01 per share.
Jack Henry has reported its fiscal third quarter 2025 deconversion revenue of $9.6 million for the period ending March 31, 2025. The company has updated its full-year fiscal 2025 deconversion revenue guidance to range between $22 million and $28 million.
Deconversion revenue primarily occurs when a Jack Henry client is acquired by another financial institution, leading to contract termination. The company emphasizes that this revenue stream is outside their control and does not reflect their core business operations of providing services to clients. As such, Jack Henry excludes deconversion revenue from non-GAAP revenue in their quarterly and annual earnings releases.
This forward-looking statement is subject to inherent risks and uncertainties that could affect actual results, as detailed in Jack Henry's SEC filings, particularly under the Risk Factors section.
Posh AI has joined the Jack Henry Vendor Integration Program (VIP), enabling integration with the Symitar platform. This partnership allows Posh AI's conversational and generative AI platform to seamlessly connect with Symitar through SymXchange, a services-based interface that provides secure access to core banking data and business rules.
The integration benefits financial institutions by providing:
- Real-time FAQ answers and secure banking operations
- Direct technical support channel
- Streamlined setup and maintenance
- Easy access to test environments
According to Kathy Sianis, VP of Strategic Relationships, this integration enables quick deployment of AI assistants for enhanced member service. The VIP program eliminates intermediary steps by providing vendors direct access to Jack Henry's resources, though program inclusion does not constitute product endorsement.
Jack Henry & Associates (NASDAQ: JKHY) has announced its upcoming third quarter 2025 earnings communication schedule. The company will host a live webcast of its earnings conference call on May 7, 2025, at 7:45 a.m. Central (8:45 a.m. Eastern).
The earnings press release will be issued after market close on May 6, 2025. Investors can access the webcast through www.jackhenry.com, with login recommended 10 minutes before the call. For direct dial-in, US participants can call 833-630-0605, while international participants should dial +1 412-317-1830.
An archived replay will be available on the company website approximately one hour after the live call, with an alternative replay option available at 877-344-7529 (conference ID: 8688144). Additionally, JKHY will release its Q3 2025 deconversion revenue results separately on April 30, 2025, after market close.
Jack Henry (Nasdaq: JKHY) announced that BrightStar Credit Union (BSCU) has selected its Symitar® platform and complementary products to enhance member experiences and support growth. BSCU, a South Florida credit union with nearly 60,000 members and $948 million in assets, chose Jack Henry for its functionality and user-friendly infrastructure.
The credit union is transitioning from an in-house core to Jack Henry's private cloud environment to improve operational efficiency. BSCU will implement Jack Henry Financial Crimes Defender™ to enhance security and fraud prevention, replacing manual methods. Additionally, the credit union will add faster payments capabilities through RTP® network and FedNow℠ Service via JHA PayCenter™ to modernize payment experiences.