JACK HENRY


Associated tags: Ecosystem, JKHY, Associate

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.

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.

First State Bank Selects Jack Henry to Meet Local Needs

Retrieved on: 
Wednesday, April 3, 2024

MONETT, Mo., April 3, 2024 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that First State Bank has selected Jack Henry to deliver a more holistic banking experience for both retail and commercial customers and drive growth.

Key Points: 
  • MONETT, Mo., April 3, 2024 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that First State Bank has selected Jack Henry to deliver a more holistic banking experience for both retail and commercial customers and drive growth.
  • First State Bank, established in 1933 in New London, Wisconsin, is in the midst of a major strategic shift.
  • A wave of bank consolidation in Northeastern Wisconsin has left a void for a true community bank in the area.
  • "At Jack Henry, we understand the important role that community banks have in their local communities and are committed to helping them compete and meet the ever-evolving needs of their accountholders."

Jack Henry Publishes Annual Sustainability Report

Retrieved on: 
Monday, April 1, 2024

MONETT, Mo., April 1, 2024 /PRNewswire/ -- Jack Henry & Associates, Inc.® (Nasdaq: JKHY) announced today the publication of its 2024 Sustainability Report which outlines the company's dedication to preserving value for associates, clients, communities, stockholders, and the environment through responsible business practices.

Key Points: 
  • "We value transparency and believe that our annual sustainability report fosters trust with all our stakeholders," said Tara Brown, Jack Henry's Head of Corporate Sustainability.
  • "Our 2024 Sustainability Report reflects our associates' hard work and dedication to doing the right thing through responsible business practices."
  • The report covers milestones and progress related to Jack Henry's key sustainability priorities.
  • To read Jack Henry's 2024 Sustainability Report, stay up to date, and learn more, visit our corporate sustainability website via Investor Relations on jackhenry.com .

Jack Henry & Associates Mourns the Passing of Board Member Laura Kelly

Retrieved on: 
Friday, March 22, 2024

MONETT, Mo., March 22, 2024 /PRNewswire/ -- Jack Henry & Associates Inc.® (Nasdaq: JKHY) announced today with great sadness the passing of Laura Kelly, who has served on the Jack Henry Board of Directors since 2013.

Key Points: 
  • MONETT, Mo., March 22, 2024 /PRNewswire/ -- Jack Henry & Associates Inc.® (Nasdaq: JKHY) announced today with great sadness the passing of Laura Kelly, who has served on the Jack Henry Board of Directors since 2013.
  • "Laura was not only a dedicated member of our Board but also a cherished colleague and friend," said Jack Henry Board Chair and CEO David Foss.
  • As a member of the Jack Henry Board, Kelly chaired the Governance Committee and served on the Risk and Compliance Committee.
  • With over 30 years in senior leadership roles, Kelly has been instrumental in providing expert guidance and perspective to the company.