In recent updates, Walker Asset Management LLC exhibited reduced holdings in Jack Henry & Associates, Inc. (JKHY) while Clean Yield Group and JPMorgan Chase & Co. increased their holdings. Companies including First Bank of Alabama and New Peoples Bank chose Jack Henry for growth and innovation. In the first quarter of 2025, Jack Henry outperformed earnings expectations with an Earnings Per Share (EPS) surpassing estimates, leading to growing demand at its cybersecurity and fraud forum. They also announced the retirement of their Bank Solutions President, Stacey Zengel, and appointment of Mimi Carsley as CFO.
\Other important updates include that Jack Henry will support the FedNow® Service, closed their acquisition with Payrailz, and announced Greg Adelson as the successor CEO from July 2024. Meanwhile, Jack Henry's Symitar platform strengthened its position as the leading platform for Credit Unions, and financial institutions leveraging Jack Henry’s technology won 2024 WebAwards. Lastly, Jack Henry's stock showed resilience in challenging market conditions, beating competitors on strong trading days despite some underperformance.
Henry Jack Associates JKHY News Analytics from Mon, 07 Feb 2022 08:00:00 GMT to Sat, 18 Jan 2025 11:01:40 GMT - Rating 5 - Innovation 7 - Information 5 - Rumor -3
