Financial Performance - GAAP revenue increased 1% to $5.28 billion in Q4 2025, with full year revenue up 4% to $21.19 billion[2] - GAAP EPS was $1.51 in Q4 2025, a decrease of 8%, while full year EPS increased 18% to $6.34[2] - Organic revenue growth was flat in Q4 2025, with a 4% increase for the full year, driven by 6% growth in the Merchant Solutions segment[6] - Adjusted EPS decreased 21% to $1.99 in Q4 2025, and decreased 2% to $8.64 for the full year[6] - Fiserv's GAAP net income for Q4 2025 was $811 million, a decrease of 13.6% from $938 million in Q4 2024[23] - Adjusted net income for Q4 2025 was $1,066 million, down 25.8% from $1,437 million in Q4 2024[23] - Total revenue for Q4 2025 was $5,284 million, a slight increase of 0.6% compared to $5,251 million in Q4 2024[28] - Adjusted revenue for Q4 2025 was $4,900 million, remaining relatively stable compared to $4,902 million in Q4 2024[28] - Operating income for Q4 2025 was $1,291 million, down 22.5% from $1,668 million in Q4 2024[28] - Adjusted operating income for Q4 2025 was $1,709 million, a decrease of 18.8% from $2,105 million in Q4 2024[28] - Net income for the year ended December 31, 2025, increased to $3,490 million from $3,180 million in 2024, representing a growth of 9.7%[34] - Adjusted revenue for the year ended December 31, 2025, was $19,804 million, up from $19,123 million in 2024, reflecting a growth of 3.5%[38] - Organic revenue growth for the year ended December 31, 2025, was 4% compared to the previous year[38] Margins and Cash Flow - GAAP operating margin was 24.4% in Q4 2025, down from 31.8% in Q4 2024, while full year margin was 27.5% compared to 28.7% in 2024[3] - Free cash flow for the full year 2025 was $4.44 billion, down from $5.23 billion in the prior year[6] - Free cash flow for the year ended December 31, 2025, was $4,435 million, down from $5,233 million in 2024[44] - Cash and cash equivalents at the end of 2025 were $2,802 million, down from $2,993 million at the end of 2024[34] Shareholder Actions - The company repurchased 3.1 million shares for $200 million in Q4 2025 and 32.2 million shares for $5.6 billion for the full year[6] Future Outlook - Fiserv expects organic revenue growth of 1% to 3% and adjusted EPS of $8.00 to $8.30 for 2026[5] - The company projects organic revenue growth for 2026 to be between 1% and 3%[49] - Adjusted earnings per share outlook for 2026 excludes non-cash intangible asset amortization and other specific costs[49] Acquisitions and Events - The acquisition of StoneCastle Cash Management was completed in December 2025, enhancing access to deposit funding[6] - The company will hold its Investor Day on May 14, 2026, in New York City[6] Assets and Liabilities - Total assets as of December 31, 2025, increased to $80,133 million from $77,176 million in 2024[36] - Total liabilities rose to $54,324 million in 2025, compared to $49,490 million in 2024, marking an increase of 9.3%[36] Capital Expenditures - Capital expenditures for the year ended December 31, 2025, were $1,763 million, compared to $1,569 million in 2024[44] Amortization - The company incurred $310 million in amortization of acquisition-related intangible assets in Q4 2025[28]

Core Viewpoint - Payments firm Fiserv reported fourth-quarter profit that exceeded Wall Street expectations, driven by expense discipline despite muted revenue growth [1] Financial Performance - Fiserv's fourth-quarter profit surpassed analyst expectations, indicating strong cost management [1] - Revenue growth remained subdued, suggesting challenges in top-line expansion [1]

Core Viewpoint - Analysts project that Fiserv (FISV) will report quarterly earnings of $1.90 per share, reflecting a year-over-year decline of 24.3%, with revenues expected to reach $4.95 billion, a slight increase of 0.9% from the same quarter last year [1]. Earnings Estimates - The consensus EPS estimate has been revised 3.3% lower over the past 30 days, indicating a collective reevaluation by analysts [2]. - Revisions to earnings estimates are crucial indicators for predicting investor actions regarding the stock, with empirical research showing a strong correlation between earnings estimate trends and short-term stock price performance [3]. Revenue Projections - Analysts predict 'Adjusted Revenue- Financial' will be $2.36 billion, a year-over-year decline of 1.5% [5]. - 'Adjusted Revenue- Merchant' is expected to reach $2.55 billion, indicating a year-over-year increase of 2.2% [5]. - 'Revenue- Product' is projected at $999.56 million, reflecting a year-over-year increase of 0.9% [5]. - The consensus estimate for 'Revenue- Processing and services' stands at $4.27 billion, showing a change of +0.1% from the prior-year quarter [6]. - 'Revenue- Corporate and Other' is expected to be $341.38 million, indicating a year-over-year decline of 2.7% [6]. - 'Adjusted Revenue- Financial Solutions- Banking' is projected at $611.10 million, reflecting a year-over-year decline of 3% [6]. - 'Adjusted Revenue- Financial Solutions- Issuing' is expected to reach $798.45 million, indicating a year-over-year increase of 0.3% [7]. - 'Adjusted Revenue- Merchant Solutions- Processing' is projected at $254.48 million, reflecting a year-over-year decline of 2.5% [7]. - 'Adjusted Revenue- Merchant Solutions- Enterprise' is expected to be $628.65 million, indicating a year-over-year increase of 4.8% [7]. - 'Adjusted Revenue- Merchant Solutions- Small Business' is projected at $1.69 billion, reflecting a year-over-year increase of 3% [8]. - 'Adjusted Revenue- Financial Solutions- Digital Payments' is expected to be $926.25 million, indicating a year-over-year decline of 5% [8]. Operating Income - Analysts estimate 'Operating income- Merchant Solutions' will reach $833.87 million, down from $979.00 million reported in the same quarter last year [9]. Stock Performance - Fiserv shares have shown a return of -13.1% over the past month, contrasting with the Zacks S&P 500 composite's +0.5% change, and the stock holds a Zacks Rank 3 (Hold), suggesting it will mirror overall market performance in the near future [10].

Core Insights - Fiserv's Small Business Index for January 2026 indicates a decline in small business sales due to seasonal shifts and harsh winter storms, with the index dropping 1 point to 143 [1] - Year-over-year sales increased by 0.7%, while month-over-month sales decreased by 0.5% [1] Consumer Behavior - Consumer foot traffic experienced a significant year-over-year decline of 2.0%, the sharpest since mid-2022, and a month-over-month drop of 0.8% [2] - Discretionary spending softened, with discretionary sales falling 0.4% year-over-year and 0.7% month-over-month, influenced by a 2.4% year-over-year decline in foot traffic [3] Sector Performance - Essential sales remained stable year-over-year, growing by 2.2%, but were flat month-over-month [3] - Professional and Administrative Services showed growth, with Administrative and Support Services increasing by 1.1% month-over-month, and Tax Preparation Services growing by 9.3% year-over-year and 5.6% month-over-month [4] - Small business retail sales were flat year-over-year and month-over-month, with core retail categories (grocery, clothing, furniture) growing by 1.5% year-over-year, while non-core retail categories declined by 2.7% [5] Restaurant and Service Sector Trends - Restaurant sales fell by 1.8% year-over-year, primarily due to a 3.6% decline in foot traffic, with limited-service restaurants experiencing the largest sales drop of 3.4% year-over-year [6] - Average ticket sizes in restaurants increased by 1.6% year-over-year, providing only a partial offset to the decline in sales [6] Impact of Winter Storms - The report highlights the impact of Winter Storm Fern on various regions and business types across the U.S., affecting consumer behavior and sales trends [7]

Core Insights - Fiserv has experienced significant stock decline following a disappointing earnings report, losing nearly half its value in one day last October and currently trading at a low P/E ratio of 10 [1][6] Company Overview - Fiserv is a leading global payment processing company with over $21 billion in trailing-12-month revenue, typically showing healthy growth [2] - The company has faced recent challenges, including a third-quarter report that fell below expectations and a reduction in full-year guidance [2] Financial Performance - In the latest earnings report, Fiserv's earnings per share (EPS) were $2.04, which was $0.60 lower than Wall Street expectations, and sales declined 1% to $4.92 billion, missing the expected $5.36 billion [3] - Management has revised full-year EPS guidance to $8.55, down from a previous range of $10.15 to $10.30, and revenue growth is now forecasted at 3.5% to 4%, significantly lower than the prior guidance of 10% [3] Legal Issues - Fiserv is currently facing a lawsuit from shareholders alleging misleading claims regarding its Clover payment platform, claiming the company inflated comparable sales growth by switching clients from other platforms [4] Market Position - Despite the challenges, Fiserv remains a leader in the payment processing industry with a strong software-as-a-service (SaaS) model that relies on recurring revenue, serving thousands of clients and millions of merchants [6] - The company is highly profitable, which may indicate that the current low stock price could represent a buying opportunity rather than a value trap [6] Strategic Initiatives - CEO Mike Lyons has initiated the One Fiserv Action Plan, focusing on long-term client service and operational excellence, and plans to enhance the use of artificial intelligence (AI) in its platform [7] - An enhanced partnership with ServiceNow has been announced as part of this strategic plan [7] Investor Outlook - It may take time for Fiserv to regain investor trust and for the stock to recover to previous highs, but the current price may warrant a second look from investors [8]

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Fiserv, Inc. on behalf of long-term stockholders following a class action complaint filed against the company, focusing on possible breaches of fiduciary duties by the board of directors [1][6]. Group 1: Class Action Details - A class action complaint was filed against Fiserv on November 4, 2025, with a Class Period from July 23, 2025, to October 29, 2025 [1]. - The complaint alleges that during the Class Period, Fiserv made misleading statements regarding its initiatives and projects, particularly during a guidance revision in July 2025 [6]. - Fiserv's July 2025 guidance changes were based on a "re-underwriting" review, which the company later admitted was based on assumptions that were difficult to achieve [6]. Group 2: Impact on Investors - The misleading statements made by Fiserv during the Class Period resulted in investors purchasing the company's securities at artificially inflated prices, leading to damages when the truth was revealed [6]. - The company acknowledged in October 2025 that the guidance disclosed in July was fundamentally flawed, impacting investor trust and stock value [6].

Core Viewpoint - Julie & Holleman LLP is investigating potential claims against Fiserv, Inc. insiders related to stockholder losses due to alleged concealment of business performance issues and growth prospects [1][2][3] Group 1: Allegations Against Fiserv - Fiserv is accused of engaging in a significant cover-up by hiding facts about its business performance and growth prospects [2] - The company allegedly failed to disclose issues with its older Payeezy platform, which contributed to a temporary boost in revenues through forced migrations to the Clover platform [2] - Following the forced migration, many former Payeezy customers reportedly switched to competitors, causing significant harm to Fiserv's business [2] Group 2: Legal Actions and Investigations - Julie & Holleman LLP is investigating legal claims against Fiserv, its executives, and potentially the board of directors in connection with the alleged fraud [3] - The firm has a history of helping recover hundreds of millions of dollars for shareholders in previous cases [3][4]

Key Takeaways FISV's growth is supported by rising SaaS and payment adoption, with revenues likely to rise in 2025 and 2026.Enhanced platforms like Clover and Commerce Hub, plus a Japan partnership, expand FISV's payments reach.Acquisitions of Smith Consulting and CardFree strengthen FISV's services and merchant solutions portfolio.Fiserv, Inc.’s (FISV) growth is fueled by the rising adoption of Software-as-a-Service (SaaS) and payment solutions by business houses. Its new acquisitions and AI innovations ai ...

Core Viewpoint - Fiserv, Inc. will announce its fourth quarter financial results on February 10, 2026, before the market opens [1] Group 1: Financial Results Announcement - The financial results will be discussed in a live webcast at 7 a.m. CT (8 a.m. ET) on February 10 [2] - The webcast and supplemental financial information will be available on the investor relations section of the Fiserv website [2] - A replay of the webcast will be accessible approximately one hour after the live event [2] Group 2: Company Overview - Fiserv, Inc. is a leading global provider of payments and financial services technology solutions [3] - The company is recognized as a Fortune 500 company and is a member of the S&P 500 Index [3] - Fiserv offers a range of services including account processing, digital banking solutions, card issuer processing, payments, e-commerce, and merchant acquiring [3] - The company is noted for its commitment to innovation and excellence, and has been recognized as one of TIME Magazine's Most Influential Companies and one of Fortune's World's Most Admired Companies [3]

Core Insights - 100GROUP has been awarded the Fiserv/CardConnect Circle of Excellence, recognizing its outstanding performance and innovation in the FinTech and payment processing sectors [1][2][6] Company Overview - 100GROUP is a leader in FinTech, offering payment processing and business concierge services, and is recognized for its strong national presence and commitment to technology [1][2][4] - The company integrates payment technology, AI, business management software, and real-time support into a single platform, simplifying operations for business owners [4][11] Recognition and Awards - The Circle of Excellence award is given to organizations that demonstrate exceptional growth, technology, and service in financial services, highlighting 100GROUP's industry-specific innovations [2][6] - CEO Jeff Brodsly emphasizes that the award reflects the dedication of the entire team to support business owners effectively [3][8] Business Model and Services - 100GROUP's model is characterized by a service-first approach, combining various technologies and services to eliminate complexity for clients [4][11] - The company offers niche software solutions, such as Kennel Connection and ReCo Anywhere, tailored to specific industry needs [5] Leadership and Vision - Founded by Jeff Brodsly, a seasoned FinTech entrepreneur, 100GROUP aims to address common challenges faced by business owners, such as outdated technology and vendor management [6][7] - The leadership team is committed to empowering employees and prioritizing client needs, ensuring a focus on long-term growth and integrity [7][10]