Callahan & Associates' annual report highlights market gains and sustained leadership amid industry expansion
MONETT, Mo., Dec. 19, 2024 /PRNewswire/ -- Callahan & Associates, a leading data and consulting firm in the credit union industry, confirmed Jack Henry's Symitar platform as the top platform for credit unions in its annual ranking of financial technology providers. Symitar® has been listed as the top platform every year since 2018.
MONETT, Mo., Dec. 5, 2024 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) was honored to be included in Forbes' 2025 Most Trusted Companies in America list, ranking 82nd of U.S. public companies with more than 1,000 employees.
Partnering with research companies Glassdoor, HundredX, and Signal AI, Forbes evaluated data across four categories – employee trust, customer trust, investor trust, and media sentiment – to compile the inaugural list.
Jack Henry's open approach, commitment to research and development position credit union for growth
MONETT, Mo., Nov. 18, 2024 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that CommonWealth Central Credit Union (CommonWealth) selected Jack Henry to modernize its technology infrastructure and support future growth.
Founded in a garage in 1958, CommonWealth's mission is to help its members enhance their financial well-being. Over 65 years, it evolved from a small credit union with 10 members and $104 in assets into a full-service financial institution with $632 million in assets, serving nearly 40,000 members across four branch locations. The credit union's success is attributed to a strong belief in the philosophy of "people helping people."
MONETT, Mo., Nov. 13, 2024 /PRNewswire/ -- Jack Henry & Associates, Inc. (NASDAQ: JKHY) today announced its Board of Directors declared a regular quarterly cash dividend of $.55 per share. The cash dividend on its common stock, par value $.01 per share, is payable on December 23, 2024, to stockholders of record as of December 2, 2024.
About Jack Henry & Associates, Inc.®
Jack Henry™ (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. We are an S&P 500 company that prioritizes openness, collaboration, and user centricity – offering banks and credit unions a vibrant ecosystem of internally developed modern capabilities as well as the ability to integrate with leading fintechs. For more than 48 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete while serving the evolving needs of their accountholders. We empower approximately 7,500 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. Additional information is available at www.jackhenry.com.
Bank to streamline operations and enhance customer experience for commercial and retail customers
MONETT, Mo., Nov. 12, 2024 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that First Bank of Alabama selected Jack Henry to modernize its technology stack in a way that will support continued growth and enhance customer experiences.
Established in 1848, First Bank of Alabama is the oldest continuously chartered bank in the state. The Talladega, Alabama-based community bank focuses on meeting modern banking needs for rural markets, serving both commercial and retail customers. The bank made two significant acquisitions over the past seven years, growing from $400 assets and three branches to over $1.1 billion assets and 13 branches today.
MONETT, Mo., Nov. 8, 2024 /PRNewswire/ -- Jack Henry & Associates, Inc.® (Nasdaq: JKHY) is pleased to announce that President & CEO Greg Adelson and Chief Financial Officer & Treasurer Mimi Carsley will present at several conferences in the coming weeks.
Adelson will present at the following events:
2024 RBC Capital Markets Global Technology, Internet, Media and Telecommunications Conference – November 20 at 10 a.m. Eastern. A live webcast of the presentation will be accessible at https://kvgo.com/rbc/jack-henry-associates-inc-nov-2024.Stephens Annual Investment Conference – November 21 at 9 a.m. Eastern. A live webcast of the presentation will be accessible at https://wsw.com/webcast/stph35/jkhy/1842330.UBS Global Technology & AI Conference – December 4 at 11:35 a.m. Eastern. A live webcast of the presentation will be accessible at https://cc.webcasts.com/ubsx001/120224a_js/.
First quarter summary:
GAAP revenue increased 5.2% and GAAP operating income increased 14.0% for the fiscal three months ended September 30, 2024, compared to the prior fiscal year quarter.Non-GAAP adjusted revenue increased 5.3% and non-GAAP adjusted operating income increased 1.6% for the fiscal three months ended September 30, 2024, compared to the prior fiscal year quarter.1GAAP EPS was $1.63 per diluted share for the fiscal three months ended September 30, 2024, compared to $1.39 per diluted share in the prior fiscal year quarter.Cash and cash equivalents were $43 million at September 30, 2024, and $31 million at September 30, 2023.Debt outstanding related to credit facilities was $140 million at September 30, 2024, and $245 million at September 30, 2023.Event to foster industry collaboration and explore future trends in financial technology
MONETT, Mo., Nov. 4, 2024 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) is launching its first-ever Developer Conference (Devcon) on November 20, 2024, at the Will Rogers Memorial Center in Fort Worth, Texas.
Jack Henry Devcon will bring together developers and leaders from fintechs, financial institutions, and technology companies currently building or planning to build on Jack Henry's developer platform. While the recent Jack Henry Connect event focused on financial institution leadership, Devcon is designed for a more technical audience, providing an opportunity to dive deeper into Jack Henry's APIs and explore the tools, features, and insights necessary to create innovative solutions.
MONETT, Mo., Oct. 28, 2024 /PRNewswire/ -- Jack Henry & Associates, Inc.® (Nasdaq: JKHY) announced today that deconversion revenue for the fiscal first quarter, ended September 30, 2024, was $3.7 million. Based on these results, deconversion revenue estimates remain at $16 million for full year fiscal 2025 guidance. For more information about how guidance will be further updated for deconversion revenue estimates, please see Jack Henry's Current Report on Form 8-K filed with the Securities and Exchange Commission on August 3, 2023.
Hocking Valley Bank, Armed Forces Bank, Mid American Credit Union, Shore United Bank, and Freedom First Credit Union offer modern and streamlined experiences to accountholders
MONETT, Mo., Oct. 28, 2024 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) is proud to announce that five financial institutions have received WebAwards for websites built using Jack Henry web hosting and design services.
MONETT, Mo., Oct. 23, 2024 /PRNewswire/ -- Jack Henry & Associates, Inc.® (NASDAQ: JKHY) announced today that it will host a live Webcast of its first quarter 2025 earnings conference call on November 6, 2024. The press release announcing first quarter 2025 earnings will be issued after market close on November 5, 2024.
The live Webcast, which will begin at 7:45 a.m. Central (8:45 a.m. Eastern), can be accessed on the Jack Henry Web site at www.jackhenry.com. Please log on 10 minutes prior to the beginning of the call. The earnings call US dial in number is 833-630-0605 and +1 412-317-1830 for international participants. Participants will request to join the Jack Henry & Associates call. An archived replay of the quarterly earnings call will be available on www.jackhenry.com approximately one hour after the live call or you can dial 877-344-7529, conference ID: 6482509 to listen to the replay.
New awards celebrate innovation, community dedication, and commitment to financial freedom
MONETT, Mo., Oct. 9, 2024 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) is pleased to announce the recipients of its inaugural Cobalt Awards.
Launched earlier this year, the annual awards recognize financial institutions and fintechs that are dedicated to their communities, passionate about innovation, and relentless in helping accountholders improve their financial health.
Financial technology company ranked 16th based on outstanding employee sentiment and satisfaction
MONETT, Mo., Oct. 2, 2024 /PRNewswire/ -- Jack Henry has once again been recognized as one of America's Top Most Loved Workplaces® by Newsweek, placing No. 16 out of 200 companies. This is the third consecutive year Jack Henry has ranked in the top 20 on the prestigious list.
"Our consistent recognition on this list reflects the dedication of our associates, who are at the heart of everything we do," said Jack Henry President and CEO Greg Adelson. "Without their passion and commitment, this honor wouldn't be possible. They embody our enduring philosophy: do the right thing, do whatever takes, and have fun."
Educational road tour announces new locations, expands focus for more comprehensive strategy
MONETT, Mo., Oct. 1, 2024 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) is launching its annual Cybersecurity and Fraud Forum on October 7, 2024, at Jack Henry Connect. The forum will then visit six cities across the country in an expanded road tour intended to help community and regional financial institutions' sharpen their security and fraud mitigation plans.
Direct-to-core integration enhances deposit and non-interest fee income potential
MONETT, Mo., Sept. 30, 2024 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announces the expansion of its collaboration with Victor Technologies, Inc., a subsidiary of MVB Edge Ventures, Inc. and part of MVB Bank, Inc. The companies launched an embedded-payments management platform to help Jack Henry's financial institution clients capitalize on Payments-as-a-Service (PaaS) market opportunities. MVB Bank, Dart Bank, and BayFirst National Bank are using the platform today.
29 credit unions, along with 12 integrator partners and sponsors, developed solutions focused on member innovation
MONETT, Mo., Sept. 18, 2024 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) and CU Build recently held their fourth annual build-a-thon, promoting innovation and collaboration within the credit union industry.
This year's CU Build in Salt Lake City, Utah, set a new record for credit unions in attendance. Over three days, 54 participants from 29 credit unions across 26 states joined forces with 12 integrator partners and sponsors. Teams of credit union and fintech professionals developed solutions around the theme "Pioneering Progress," inspired by Utah's recent Pioneer Day celebration.
Long-term alliance amplifies credit union's impact on local communities
MONETT, Mo., Sept. 11, 2024 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that AmeriCU Credit Union is leveraging its technology infrastructure and expertise to expand geographically and meet more community needs.
Founded in 1950 at Griffiss Air Force Base in Rome, N.Y., AmeriCU provides military personnel and an expanded field of membership with solutions to help them achieve their financial goals and make banking easier. Today, the credit union serves more than 164,000 members in 20 locations throughout Central and Northern New York.
Bank Director's 2024 Technology Survey highlights the state of technology adoption and concerns among U.S. bank leaders.
NASHVILLE, Tenn., Sept. 10, 2024 /PRNewswire/ -- Bank Director, the leading information resource for directors and officers of financial institutions nationwide, released the results of its 2024 Technology Survey, sponsored by financial technology provider Jack Henry. The findings reveal how today's bank leaders think about strategy, resources, emerging technologies and fraud.
Annual revenue lands financial technology provider on prestigious list for 16th consecutive year
MONETT, Mo., Sept. 9, 2024 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that the company ranked No. 11 in IDC's 2024 FinTech rankings of leading companies that provide hardware, software, and services to the financial services industry. This is the 16th consecutive year Jack Henry has appeared on the prestigious list.
MONETT, Mo., Sept. 4, 2024 /PRNewswire/ -- Jack Henry & Associates, Inc.® (Nasdaq: JKHY) announced today that it will be participating in this upcoming conference:
Mimi Carsley, CFO & Treasurer, will present at the Goldman Sachs 2024 Communacopia + Technology Conference on September 10. The presentation takes place at 11:10 a.m. ET. A live webcast of the presentation will be accessible at https://urldefense.com/v3/__https://cc.webcasts.com/gold006/090924a_js/?entity=54_BDON6U1__;!!AjeAU-2VoVEOzw!dTEy5worWe1onYEU7jrDYC3ro4Zt3VNk-BGbQivNL8N1Xks-DGBPUncM2bgtCJUuTW_kw8kkkAjJYAxns2UQSppEhTg$..
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