NCR Atleos Corp Stock Price, News & Analysis

NCR Atleos (NYSE: NATL) has appointed Traci Hornfeck as Chief Accounting Officer, effective March 31, 2025. Hornfeck brings nearly 25 years of experience in managing accounting functions for large public organizations. She joins from Rollins (NYSE: ROL), where she served as Chief Accounting Officer since 2021.

Prior to Rollins, Hornfeck held external reporting and controllership leadership roles at Equifax (NYSE: EFX), including serving as U.S. controller. She began her career at PricewaterhouseCoopers, LLP. The appointment comes as Atleos continues to strengthen its leadership team during its first full year as an independent public company.

NCR Atleos (NYSE: NATL) has released a comprehensive paper analyzing ATM operations optimization through ATM as a Service (ATMaaS). The study, conducted by Datos Insights, draws insights from global retail banks, credit unions, consumer surveys, and industry research.

The paper introduces the ATM Continuum Index, a framework for financial institutions to evaluate their ATM operations. Key findings include:

• ATMaaS addresses growing technological complexity and security requirements
• Four distinct management models identified: traditional do-it-yourself, managed services, advanced services, and full ATMaaS
• Benefits extend beyond cost savings to operational stability, data analytics, and network efficiency
• Each financial institution requires a tailored approach based on unique needs

Stuart Mackinnon, COO of NCR Atleos, emphasizes that ATM networks remain important in an increasingly digital world, while Tom Hutchings of RBR Data Services highlights the competitive advantages of ATMaaS flexibility.

NCR Atleos (NYSE: NATL) reported strong Q4 and full year 2024 financial results, exceeding guidance for cash flow and EPS. Q4 highlights include revenue of $1.1 billion (1% growth), operating cash flow of $80 million, and adjusted free cash flow of $119 million. GAAP EPS reached $0.61 (126% growth) while non-GAAP EPS hit $1.11 (73% growth).

Full year 2024 performance showed revenue of $4.3 billion (3% growth), with recurring revenue of $3.1 billion increasing 5%. Operating cash flow reached $344 million, with adjusted free cash flow of $242 million. The company reported net income of $91 million, a 168% increase from the previous year's loss.

The company highlighted improved ATM solutions platform, strengthened customer relationships, and higher revenue per device through increased transaction volumes and service capture.

Renasant Bank has expanded its partnership with NCR Atleos (NYSE: NATL) by implementing Atleos' Activate Enterprise software to enhance its ITM and ATM operations. The $17.5 billion-asset bank, which operates 185 banking centers across five states, is set to acquire The First Bank, adding 110 branches and expanding into Louisiana.

The implementation enables stronger customer experiences with features like contactless card tap, while simplifying operations through a single platform management system. Renasant's collaboration with Atleos covers software, field services, managed services, security, and cash management. The bank's ITM program is expected to grow to over 75 machines this year.

NCR Atleos (NYSE: NATL) announced that Utah Community Credit Union (UCCU), a $3.1 billion-asset institution, has joined the Atleos Allpoint Network. This partnership aims to enhance UCCU's brand recognition and provide expanded cash access for its 240,000+ members.

Through this collaboration, UCCU members will gain surcharge-free access to over 40,000 ATMs in retail locations nationwide, including deposit-making capabilities. The credit union has also branded ATMs at all Costco locations within Utah to boost visibility.

UCCU, based in Provo, Utah, has been serving its community for nearly 70 years. The partnership aligns with UCCU's values of exceptional service and fiscal responsibility while enabling them to extend their reach and provide convenient self-service options for cash access.

NCR Atleos (NYSE: NATL) has scheduled its fourth quarter and full year 2024 earnings release for Monday, March 3, 2025, after market close. The company will host a conference call to discuss the results on Tuesday, March 4, 2025, at 8:30 a.m. Eastern Time.

Participants can join via toll-free number 800-753-0725 or local number +1 786-460-7170 using passcode 5828764. The presentation materials and live conference call will be accessible through the company's investor relations website. An archive of the call will be available shortly after completion on the same platform.

NCR Atleos (NYSE: NATL) has been awarded the ATM Industry Association (ATMIA) Outstanding Service Award for its exceptional contributions to the financial technology industry. The award recognizes Atleos' excellence in technology and service, leadership in best practices, and measurable achievements.

Key initiatives highlighted include the Pin4 Cash solution, providing emergency cash access to unbanked individuals via SMS in the UK, used by over 50 organizations. Other notable achievements include shared deposit-taking ATMs in the UK, ATM as a Service (ATMaaS) for enhanced business continuity, and the Allpoint Network in the US offering surcharge-free banking transactions at retail locations.

NCR Atleos (NYSE: NATL), the world's largest independent ATM operator, has announced the expansion of its Cashzone ATM network into Italy, marking its thirteenth country of operation. The expansion aims to provide convenient cash access for both residents and tourists in this cash-dependent country.

The network will be deployed across premier retail locations throughout Italy, offering multiple benefits: consumers gain easy access to cash, retailers benefit from increased foot traffic and new revenue streams, and banks can extend their reach without investing in physical branches. This initiative represents the growing momentum of utility ATM networks, enabling more profitable and engaging customer experiences.

NCR Atleos (NYSE: NATL) announced a leadership transition as Paul Campbell steps down from his role as Executive Vice President and Chief Financial Officer. Campbell, who was appointed CFO in October 2023 following Atleos' spin-off from NCR Corp., will remain with the company through April 1 to ensure a smooth transition after a 35-year career across four continents.

The company has appointed Andy Wamser as the new Chief Financial Officer, effective January 27, 2025. Wamser joins from BlueLinx where he served as Senior Vice President and CFO. His experience includes executive roles at Mativ Holdings, AutoNation, and investment banking positions at Barclays Capital PLC and UBS.

CEO Tim Oliver emphasized that Wamser's appointment followed a robust search process, highlighting his experience as CFO for public companies and background in investment banking and capital markets as key factors in the selection.