NASDAQ-NMS:JKHY

Jack Henry Enhances Financial Performance Suite with Daily Dashboard

Retrieved on: 
Thursday, May 9, 2024

MONETT, Mo., May 9, 2024 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) is pleased to announce a new Daily Dashboard available for its Financial Performance Suite (FPS), a fully hosted, cloud-native platform.

Key Points: 
  • Cloud-native tool provides daily insights into financial, operational, and performance metrics
    MONETT, Mo., May 9, 2024 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) is pleased to announce a new Daily Dashboard available for its Financial Performance Suite (FPS), a fully hosted, cloud-native platform.
  • The new Daily Dashboard enhances visibility for financial institutions by providing daily insights into these areas:
    Financial – Understand month-to-date changes, variance, and key performance indicators, with the ability to drill down to the account level to discover what drives the changes.
  • "The Daily Dashboard has unlocked an entirely new dimension within financial reporting," said Matt Riley, President of Complementary Solutions at Jack Henry.
  • Visit jackhenry.com for more information about Financial Performance Suite, which includes a Performance Scorecard tool and other services endorsed by the Independent Community Bankers of America Preferred Service Provider Program.

JACK HENRY & ASSOCIATES ANNOUNCES REGULAR QUARTERLY DIVIDEND

Retrieved on: 
Thursday, May 9, 2024

Key Points: 
  • MONETT, Mo., May 9, 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 June 17, 2024, to stockholders of record as of May 28, 2024.

New Peoples Bank Selects Jack Henry for Growth and Innovation

Retrieved on: 
Monday, May 6, 2024

MONETT, Mo., May 6, 2024 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that New Peoples Bank is leveraging Jack Henry's open technology to improve customer experiences and continue to grow.

Key Points: 
  • Over the last 25 years, the bank has adapted and expanded to meet the needs of the local communities.
  • To sustain this growth while delivering an improved customer experience, New Peoples Bank invested in Jack Henry's modern core processing solution.
  • "We chose Jack Henry for their understanding of community banking, their commitment to innovation and their proven ability to deliver modern, efficient, and future-ready technology solutions," said J. W. Kiser, President and CEO at New Peoples Bank.
  • "Community banks like New Peoples Bank play a vital role in supporting local economies," said Stacey Zengel, senior vice president of Jack Henry and president of Bank Solutions.

Jack Henry & Associates Announces Third Quarter 2024 Deconversion Revenue Results

Retrieved on: 
Monday, April 29, 2024

MONETT, Mo., April 29, 2024 /PRNewswire/ -- Jack Henry & Associates, Inc.® (Nasdaq: JKHY) announced today that deconversion revenue for the fiscal third quarter, ended March 31, 2024 was $0.8 million.

Key Points: 
  • MONETT, Mo., April 29, 2024 /PRNewswire/ -- Jack Henry & Associates, Inc.® (Nasdaq: JKHY) announced today that deconversion revenue for the fiscal third quarter, ended March 31, 2024 was $0.8 million.
  • Based on these results, deconversion revenue estimates remain at $16 million for full year fiscal 2024 guidance.
  • In these circumstances, Jack Henry's recognition of deconversion revenue is driven by factors outside Jack Henry's control, and this revenue does not represent the true operations of Jack Henry's ongoing business of providing services to customers.
  • As a result, Jack Henry excludes deconversion revenue from non-GAAP revenue reported in its quarterly and annual earnings releases.

Bank and Credit Union CEOs Reveal Top Priorities in Annual Survey

Retrieved on: 
Monday, April 29, 2024

MONETT, Mo., April 29, 2024 /PRNewswire/ -- Growing deposits and increasing operational efficiency are top priorities for community and regional financial institutions, according to Jack Henry's sixth-annual survey of bank and credit union CEOs.

Key Points: 
  • Jack Henry's 2024 Strategy Benchmark offers insights into concerns, opportunities, and technology priorities
    MONETT, Mo., April 29, 2024 /PRNewswire/ -- Growing deposits and increasing operational efficiency are top priorities for community and regional financial institutions, according to Jack Henry's sixth-annual survey of bank and credit union CEOs.
  • "Whether your top priority is growing deposits, improving efficiency, or preventing real-time fraud, data strategy is now front and center."
  • 97% plan to enhance lending solutions in the next two years, but top priorities diverge sharply between banks and credit unions.
  • 96% plan to add payment services, with FedNow® Service being the top priority for both banks and credit unions.

UniWyo Credit Union Completes Successful Merger with the Help of Jack Henry

Retrieved on: 
Thursday, April 25, 2024

MONETT, Mo., April 25, 2024 /PRNewswire/ -- UniWyo Credit Union's strong relationship with Jack Henry™ (Nasdaq: JKHY) enabled it to successfully complete its merger with Reliant Federal Credit Union.

Key Points: 
  • Growing credit union benefits from open, scalable platform to support expansion throughout the
    MONETT, Mo., April 25, 2024 /PRNewswire/ -- UniWyo Credit Union's strong relationship with Jack Henry™ (Nasdaq: JKHY) enabled it to successfully complete its merger with Reliant Federal Credit Union.
  • UniWyo Credit Union and Reliant Federal Credit Union merged in the third quarter of 2023, collaborating on the shared mission of bettering people's lives and putting people first.
  • The newly merged credit union, operating in UniWyo's name, has just over $700 million in assets and 57,000 members, making it the second-largest credit union in the state.
  • Jack Henry's single platform and enterprise approach to technology will help position the credit union for the future.

Jack Henry & Associates to Provide Webcast of Third Quarter 2024 Earnings Call

Retrieved on: 
Wednesday, April 24, 2024

MONETT, Mo., April 24, 2024 /PRNewswire/ -- Jack Henry & Associates, Inc.® (NASDAQ: JKHY) announced today that it will host a live webcast of its third quarter 2024 earnings conference call on May 8, 2024.

Key Points: 
  • MONETT, Mo., April 24, 2024 /PRNewswire/ -- Jack Henry & Associates, Inc.® (NASDAQ: JKHY) announced today that it will host a live webcast of its third quarter 2024 earnings conference call on May 8, 2024.
  • The press release announcing third quarter 2024 earnings will be issued after market close on May 7, 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 .
  • The press release announcing third quarter 2024 deconversion revenue will be issued after market close on April 29, 2024.

United Bank Modernizes Technology Stack, Drives Growth with Jack Henry

Retrieved on: 
Thursday, April 11, 2024

MONETT, Mo., April 11, 2024 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that United Bank selected Jack Henry to support its growth, modernize operations, and gain a competitive edge.

Key Points: 
  • Bank builds strategy to streamline processes, enhance retail and small business customer experience
    MONETT, Mo., April 11, 2024 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that United Bank selected Jack Henry to support its growth, modernize operations, and gain a competitive edge.
  • United Bank needed a well-rounded and open technology provider to meet the needs of retail and small business customers and improve its lending and CFDI reporting.
  • The bank plans to continue its growth through a diversified approach, including organic growth, acquisitions, and geographic expansion.
  • "At Jack Henry, we take pride in helping banks like United Bank continue to serve their communities, especially amidst growing industry consolidation, and stay competitive and agile in the face of increasing consumer expectations and regulatory pressures."

Jack Henry & Associates Establishes Endowed Scholarship Fund in Memory of Board Member Laura Kelly

Retrieved on: 
Thursday, April 4, 2024

MONETT, Mo., April 4, 2024 /PRNewswire/ -- Jack Henry & Associates Inc.® (Nasdaq: JKHY) announced today the creation of an endowed scholarship fund in memory of Board Member Laura Kelly, who passed away on March 15, 2024.

Key Points: 
  • MONETT, Mo., April 4, 2024 /PRNewswire/ -- Jack Henry & Associates Inc.® (Nasdaq: JKHY) announced today the creation of an endowed scholarship fund in memory of Board Member Laura Kelly, who passed away on March 15, 2024.
  • Jack Henry will create an endowment of the existing Kelly Academic Excellence Scholarship at Samford University's Brock School of Business, which was established by Kelly and her husband, John Kelly, in 2016.
  • "Laura served as a dedicated member of our company's Board for more than 10 years and will be greatly missed," said Jack Henry Board Chair and CEO David Foss.
  • A member of the Jack Henry Board since 2013, Kelly chaired the Governance Committee and served on the Risk and Compliance Committee.