Fidelity National Information Services, Inc.'s Stock Analysis

FIS Completes Acquisition of Issuer Solutions Business from Global Payments

Fidelity National Information Services (FIS) has finalized its acquisition of Global Payments' Issuer Solutions business for an enterprise value of $13.5 billion, with a net purchase price of $12 billion after accounting for tax assets. Concurrently, FIS sold its remaining stake in Worldpay to Global Payments. This strategic move positions FIS to enhance its offerings under the Total Issuing Solutions brand, which is recognized as a global leader in credit processing, handling over 40 billion transactions annually across 75 countries.

The acquisition is expected to bolster FIS's capabilities by integrating a comprehensive data set across consumer and commercial card portfolios, thereby enhancing its data intelligence and processing power. This scale is anticipated to support the deployment of AI models that can provide substantial business value. The transaction aligns with FIS's goal of delivering increased value to its clients in the financial sector, as highlighted by FIS's CEO, Stephanie Ferris, in a recent announcement.

Jan 12, 2026 07:27:23

Fidelity National Information Services Secures $7 Billion Credit Facilities

Fidelity National Information Services, Inc. has entered into a Ninth Amendment and Restatement Agreement for its existing credit agreement, resulting in revolving credit commitments of $6.0 billion. This agreement will expire on September 27, 2029, and is aimed at providing ongoing working capital and refinancing maturing debt. The obligations under this agreement are unsecured and include customary covenants regarding indebtedness and restricted payments.

Additionally, the company has established a new Revolving Credit Agreement with $1.0 billion in revolving credit commitments, set to expire on June 15, 2027. Similar to the restated credit agreement, this facility will also be used for working capital and general corporate purposes, with unsecured obligations and customary covenants in place.

Nov 12, 2025 16:39:56

Fidelity National Reports Q3 2025 Financial Results and Guidance

Fidelity National Information Services (FIS) announced its financial results for the third quarter of 2025, reporting a revenue increase of 6% year-over-year to approximately $2.7 billion. The company achieved a GAAP diluted earnings per share (EPS) of $0.50, while adjusted EPS rose 8% to $1.51. Net cash from operating activities was $1.0 billion, with free cash flow increasing by 101% to $798 million. The company has also raised its full-year outlook for revenue growth to between 5.4% and 5.7% and adjusted EPS growth to 10% to 11%.

FIS is in the process of acquiring the Issuer Solutions business from Global Payments for an enterprise value of $13.5 billion, expected to close in the first quarter of 2026, pending regulatory approvals. The company plans to fund this acquisition through approximately $8 billion in new debt and proceeds from the sale of its remaining equity interest in Worldpay. As of September 30, 2025, FIS had $13.0 billion in outstanding debt and has committed to repurchasing approximately $1.3 billion of shares in 2025, alongside continued quarterly dividends.

Nov 05, 2025 07:02:53

Fidelity National Information Services Reports Q2 2025 Financial Results

Fidelity National Information Services, Inc. reported its financial results for the second quarter of 2025, showing a 5% increase in revenue to approximately $2.6 billion compared to the same period last year. The company recorded a GAAP net loss of $470 million, or $(0.90) per diluted share, largely due to a non-cash expense related to deferred tax liabilities from the sale of its Worldpay interest. However, adjusted earnings per share (EPS) rose by 1% to $1.36, with adjusted EBITDA also increasing by 5% to around $1.0 billion. The company has repurchased $246 million in shares during the quarter and aims to repurchase $1.2 billion in total for 2025.

FIS has raised its full-year 2025 outlook for revenue growth to between 4.8% and 5.3%, and adjusted EPS growth to between 10% and 11%. The company is currently pursuing strategic transactions, including the acquisition of Global Payments' Issuer Solutions business for $13.5 billion and the sale of its remaining equity interest in Worldpay for approximately $6.6 billion. These transactions are expected to close in the first half of 2026, pending regulatory approvals. As of June 30, 2025, FIS's total debt stood at $12.9 billion, with net cash from operating activities at $382 million.

Aug 05, 2025 07:02:25

Fidelity National Information Services Completes Key Transaction Agreement

Fidelity National Information Services, Inc. has entered into a transaction agreement to purchase the Issuer Solutions business from Global Payments Inc. This agreement also involves selling all of FIS's equity interests in Worldpay Holdco, LLC to Global Payments as part of the transaction.

The completion of these transactions is contingent upon the expiration of the HSR Waiting Period, which ended on July 18, 2025. However, the closing is still subject to obtaining necessary regulatory approvals and meeting customary closing conditions.

Jul 21, 2025 16:01:16

Fidelity National Information Services Files Financial Statement Exhibits

Fidelity National Information Services, Inc. has filed a report that includes financial statements and exhibits. The filing indicates that certain schedules and similar attachments have been omitted in accordance with regulatory guidelines, but these documents can be provided to the Securities and Exchange Commission upon request. The report has been signed by authorized representatives of the company, James Kehoe and Alexandra Brooks, in compliance with the Securities Exchange Act of 1934.

May 06, 2025 16:23:49

FIS Reports Q1 2025 Results and Strategic Acquisitions

FIS announced its financial results for the first quarter of 2025, reporting a GAAP diluted earnings per share of $0.15 and an adjusted EPS of $1.21, which reflects an 11% increase from the previous year. Revenue for the quarter rose to $2.5 billion, marking a 3% increase on a GAAP basis and a 4% increase on an adjusted basis. The company has also repurchased $450 million in shares during the quarter and reiterated its goal to repurchase $1.2 billion in shares throughout 2025.

Additionally, FIS disclosed the sale of its remaining stake in Worldpay and the acquisition of Global Payments' Issuer Solutions business, with both transactions expected to close in the first half of 2026, pending regulatory approvals. The company continues to target revenue growth of 4.6% to 5.2% and adjusted EPS growth of 9% to 11% for the full year. As of March 31, 2025, FIS reported total debt of $12 billion and generated adjusted free cash flow of $368 million in the first quarter.

May 06, 2025 07:02:50

FIS Sells Worldpay Stake, Acquires Issuer Solutions Business

FIS has announced a definitive agreement to acquire Global Payments' Issuer Solutions business for $13.5 billion, which is expected to enhance its position as a leading fintech company. The acquisition is projected to deliver significant revenue and cost synergies, including over $125 million in annual revenue synergies and more than $150 million in net EBITDA synergies within three years. Additionally, the acquisition is anticipated to improve FIS' Adjusted EBITDA margins, EPS, and Free Cash Flow in the first year after closing, contributing to a stronger financial profile.

Simultaneously, FIS will sell its stake in Worldpay to Global Payments for $6.6 billion, facilitating the transition from a non-cash generating minority stake to a growing stream of recurring revenues. The company plans to finance the Issuer Solutions acquisition through a combination of new debt and proceeds from the Worldpay sale. Following these transactions, FIS aims to maintain its capital allocation priorities, including a focus on share repurchases and M&A activities, once it achieves its target gross leverage ratio.

Apr 17, 2025 08:34:42

FIS Reports $10.1 Billion Revenue and 67% EPS Growth

FIS reported a full-year 2024 revenue of $10.1 billion, marking a 3% increase compared to the previous year, alongside a notable 67% rise in GAAP diluted earnings per share (EPS) to $1.42. The company also achieved significant adjusted EPS growth of 56%, reaching $5.22. Additionally, FIS repurchased $4.0 billion in shares during 2024 and plans to continue this trend with a $1.2 billion buyback goal for 2025, reflecting its commitment to shareholder returns. The adjusted EBITDA margin expanded, indicating improved operational efficiency.

On the downside, the Banking Solutions segment faced challenges, with a 3% decline in revenue attributed to the cancellation of a planned merger, which reversed a previously recognized termination fee. Corporate and Other revenue also saw a significant 20% decrease year-over-year. Despite these setbacks, the company remains focused on its Future Forward strategy and aims for accelerated revenue growth in 2025.

Feb 11, 2025 07:02:14

FIS Reports $2.6 Billion Revenue and $0.45 EPS in Q3

FIS reported a third quarter 2024 revenue of $2.6 billion, marking a 3% increase from the previous year. The company achieved a GAAP diluted EPS of $0.45, which is a 7% rise year-over-year. Adjusted EPS saw a significant increase of 49%, reaching $1.40. Additionally, FIS repurchased $500 million in shares during the quarter and raised its full-year outlook for revenue and adjusted EBITDA. The Banking Solutions and Capital Market Solutions segments both showed revenue growth, contributing positively to the overall performance.

On the downside, while overall revenue increased, the Corporate and Other segment experienced a notable decline, with a 27% drop in revenue compared to the prior year. Adjusted EBITDA margin also contracted by 140 basis points, reflecting challenges in managing corporate expenses. The company carries a substantial debt of $10.9 billion, which could pose risks in future financial flexibility. Despite these challenges, FIS remains committed to returning capital to shareholders through share repurchases and dividends.

Nov 04, 2024 07:03:13