Fiserv, Inc.'s Stock Analysis

Leadership Changes at Fiserv Impacting Financial Solutions Division

Dhivya Suryadevara has resigned as President of Fiserv, effective July 7, 2026, citing 'good reason' under her employment agreement. She will remain with the company as a non-executive officer until July 31, 2026, to assist with the transition. This change follows the company’s policies regarding executive departures and severance arrangements.

Following Suryadevara's resignation, Andrew Gelb and Srini Krish have been appointed as interim leaders for the Financial Solutions business. Gelb has been with Fiserv since 2014 and has held various senior leadership roles, while Krish, also a 2014 hire, previously served as the global Chief Information Officer and is responsible for technology and operations within Financial Solutions.

Jul 07, 2026 16:01:09

Fiserv Completes €1 Billion Senior Notes Offering

Fiserv, Inc. has successfully completed the public offering of €500 million in 3.750% Senior Notes due 2030 and €500 million in 4.250% Senior Notes due 2034. The 2030 Notes will bear interest payable annually starting October 15, 2026, and mature on October 15, 2030, while the 2034 Notes will have interest payable annually beginning June 23, 2027, and mature on June 23, 2034.

The Company may redeem the Notes prior to their maturity at specified prices, and is obligated to repurchase the Notes at 101% of the principal amount in the event of a change of control triggering event. The Notes are registered under the Securities Act of 1933 and the relevant documentation is available for investor review.

Jun 23, 2026 16:01:27

Fiserv Announces €1 Billion Senior Notes Offering Details

Fiserv, Inc. has entered into an Underwriting Agreement with several financial institutions to sell €500,000,000 of 3.750% Senior Notes due 2030 and €500,000,000 of 4.250% Senior Notes due 2034. This public offering is scheduled to close on June 23, 2026, pending customary closing conditions.

The Notes are registered under the Securities Act of 1933 and are part of a Registration Statement that Fiserv filed with the Securities and Exchange Commission. The Underwriting Agreement includes standard representations, warranties, and obligations, as well as conditions for closing and termination provisions.

Jun 17, 2026 16:42:09

Fiserv Initiates Tender Offer for Senior Notes Due 2027 and 2049

Fiserv, Inc. has announced a tender offer to purchase any and all of its outstanding senior notes, specifically the 5.150% Notes due 2027 and the 4.400% Notes due 2049. The offer commenced on June 16, 2026, and will expire on June 23, 2026, unless extended. The acceptance of the notes is contingent upon certain conditions, including the receipt of proceeds from a new euro-denominated senior note offering. The company expects to complete purchases of validly tendered notes by June 26, 2026, pending satisfaction of these conditions.

Investors are encouraged to review the Offer to Purchase for detailed terms and conditions. The tender offers are being managed by Citigroup, J.P. Morgan, TD Securities, and Wells Fargo Securities. Holders of the notes can withdraw their tendered notes until the expiration date, but not thereafter unless required by law. The company emphasizes that it is not providing recommendations on whether to tender the notes and advises holders to consult their own advisors before making decisions.

Jun 16, 2026 06:03:25

Fiserv Appoints New CEO Following Leadership Transition

Michael P. Lyons has resigned as Chief Executive Officer and Board member of Fiserv, effective June 12, 2026. His resignation was not due to any disagreements with the company. As part of his departure, he will receive his accrued base salary but no severance or other benefits. Takis Georgakopoulos has been appointed as the new Chief Executive Officer and will also serve on the Board of Directors, effective June 14, 2026. Georgakopoulos has extensive experience in payments and financial services, having previously held leadership positions at Fiserv and JPMorgan Chase & Co.

In conjunction with Georgakopoulos's appointment, he will receive an annual base salary of $1,300,000 and a target annual cash incentive of 200% of his salary. He will also be eligible for significant equity awards, including Performance Share Units and Restricted Share Units, totaling an annual equity incentive of $18,600,000. Additionally, Paul M. Todd, Chief Financial Officer, will receive RSUs valued at $5,000,000 as part of a new agreement. Fiserv has reaffirmed its 2026 outlook, expecting organic revenue growth of 1% to 3% and adjusted earnings per share between $8.00 and $8.30.

Jun 15, 2026 08:22:06

Fiserv Shareholder Meeting Results and Key Votes Summary

At Fiserv's annual meeting on May 21, 2026, shareholders elected eleven directors to serve until the next annual meeting. Additionally, they approved the compensation of named executive officers and ratified Deloitte & Touche LLP as the independent registered public accounting firm for the year ending December 31, 2026.

Shareholders also voted on a proposal for an independent board chair policy, which was rejected. These outcomes are significant as they reflect shareholder confidence in the current leadership and governance practices of the company.

May 22, 2026 16:33:58

Fiserv Reports First Quarter 2026 Financial Results and Outlook

Fiserv, Inc. reported a 2% decrease in GAAP revenue, totaling $5.03 billion for the first quarter of 2026, compared to the same period in 2025. The company's GAAP earnings per share (EPS) also fell by 29%, reaching $1.07. Segment performance showed flat results in Merchant Solutions but a 5% decline in Financial Solutions. The overall operating margin decreased significantly from 27.2% to 18.3%. Net cash provided by operating activities was $599 million, down from $648 million a year earlier.

In terms of adjusted results, the company saw a 2% revenue decrease to $4.68 billion and a 16% drop in adjusted EPS to $1.79. The adjusted operating margin was 29.7%, down from 37.8% in the previous year. Fiserv plans to maintain its 2026 organic revenue growth outlook of 1% to 3% and adjusted EPS guidance of $8.00 to $8.30. The company repurchased 3.3 million shares for $200 million during the quarter and was recognized as one of America's Most Innovative Companies by Fortune for the fourth consecutive year.

May 05, 2026 07:14:46

Fiserv CEO Receives Significant Equity Award for Performance Goals

On February 18, 2026, Fiserv's Board of Directors awarded CEO Michael P. Lyons a supplemental equity award, including performance share units (PSUs) valued at approximately $18 million and time-vesting restricted stock units (RSUs) valued at about $12 million. This award aims to incentivize Mr. Lyons to enhance shareholder value and support the company's strategic transformation through the One Fiserv action plan, with the PSUs vesting after three years based on performance metrics yet to be established.

In addition to the supplemental award, Mr. Lyons received an annual equity incentive of approximately $18.7 million, consisting of 60% PSUs and 40% RSUs, which will also vest based on performance goals related to total shareholder return, revenue growth, earnings per share, and free cash flow conversion. The structured incentives are designed to align Mr. Lyons's leadership with the long-term growth objectives of Fiserv.

Feb 20, 2026 07:30:35

Fiserv Reports Mixed Financial Results for 2025 Fiscal Year

Fiserv, Inc. reported a 1% increase in GAAP revenue for the fourth quarter of 2025, totaling $5.28 billion, with segment performances showing a 2% growth in Merchant Solutions and a 2% decline in Financial Solutions. For the full year, GAAP revenue rose by 4% to $21.19 billion, driven by a 5% increase in Merchant Solutions and a 2% rise in Financial Solutions. GAAP earnings per share (EPS) decreased by 8% in the fourth quarter, but increased by 18% for the full year, largely influenced by a significant non-cash impairment charge in 2024. The company's operating margins also saw a decline, with GAAP operating margins at 24.4% for the fourth quarter and 27.5% for the full year, compared to higher margins in the previous year.

In terms of cash flow, Fiserv generated $6.06 billion from operating activities for the entire year, down from $6.63 billion in the prior year. The company repurchased a total of 32.2 million shares for $5.6 billion throughout 2025. Fiserv also completed the acquisition of StoneCastle Cash Management in December 2025. Looking ahead, the company has projected organic revenue growth of 1% to 3% for 2026, with adjusted EPS expected to be between $8.00 and $8.30.

Feb 10, 2026 07:15:47

Fiserv Announces Stock Transfer to Nasdaq and Executive Changes

Fiserv, Inc. plans to voluntarily withdraw its common stock and various senior notes from the New York Stock Exchange, transferring the listings to Nasdaq effective November 11, 2025. The company has received approval for the new listings under specific symbols. This transition is expected to conclude trading on the NYSE by market close on November 10, 2025.

Additionally, Fiserv appointed Dhivya Suryadevara and Takis Georgakopoulos as Co-Presidents, effective December 1, 2025, and Paul M. Todd as Chief Financial Officer effective October 31, 2025. The company also announced the retirement of two board members and the appointment of three new directors, including Gordon Nixon as non-executive Chairman. These changes in leadership and governance could impact the company's operational strategies and investor sentiment.

Oct 29, 2025 07:31:15