FISV 8-K Current Reports
FISERV INC - 300 current reports
FISERV INC 8-K Report, Financial Results (Aug 6, 2026)
Fiserv, Inc. (FISV) has filed an 8-K report on August 6, 2026, to announce its financial results for the quarter ended June 30, 2026. While the 8-K itself is brief, it incorporates by reference a press release (Exhibit 99.1) containing the detailed financial performance for the period. Investors should refer to this attached press release for comprehensive information regarding revenue, profitability, and other key financial metrics. This filing serves as a notification to the market that Fiserv has disclosed its quarterly performance. Investors and analysts will be scrutinizing the press release for details on the company's operational efficiency, growth drivers, and any forward-looking statements or guidance provided by management. The inclusion of the press release as an exhibit is standard practice for this type of announcement and is crucial for understanding the company's current financial standing and future outlook.
FISERV INC 8-K Report, Executive Changes (Jul 7, 2026)
Fiserv, Inc. (FISV) has announced a significant leadership change with the resignation of Dhivya Suryadevara as President, effective July 7, 2026. The resignation is stated to be for "good reason" as per her offer letter and severance policies, suggesting potential contractual obligations and payouts for Ms. Suryadevara. She will remain with the company in a non-executive capacity through July 31, 2026, to ensure a smooth handover of her responsibilities. In response to this departure, Fiserv has appointed Andrew Gelb and Srini Krish as interim co-leaders of the Financial Solutions business. Mr. Gelb, currently EVP and COO of Financial Solutions, has extensive experience within the company, including leading issuer solutions. Mr. Krish, Head of Technology and Operations for Financial Solutions, brings deep expertise in technology, operations, and previously served as the global CIO. This interim appointment aims to maintain stability and operational continuity within a key business segment during this transition period.
FISERV INC 8-K Report, Material Agreement (Jun 23, 2026)
Fiserv, Inc. (FISV) has announced the successful closing of a substantial debt offering, issuing €1 billion in aggregate principal amount of senior notes. This includes €500 million in 3.750% Senior Notes due 2030 and €500 million in 4.250% Senior Notes due 2034. The net proceeds from this offering are expected to be used for general corporate purposes. The issuance was conducted under existing indenture agreements, with specific supplemental indentures established for each note series. The new notes carry interest rates of 3.750% and 4.250% respectively, with maturities in 2030 and 2034. The company retains the option to redeem these notes under certain conditions, including a "par call" option prior to maturity. Notably, in the event of a "change of control triggering event," Fiserv is obligated to offer to repurchase these notes at 101% of their principal amount, plus accrued interest, providing a degree of protection to noteholders.
FISERV INC 8-K Report, Material Agreement (Jun 17, 2026)
Fiserv, Inc. (FISV) has announced a significant debt financing transaction through an Underwriting Agreement dated June 16, 2026. The company is set to issue €1,000,000,000 in aggregate principal amount of senior notes, comprised of €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 being facilitated by a syndicate of underwriters led by Citigroup Global Markets Limited, J.P. Morgan Securities plc, TD Global Finance unlimited company, and Wells Fargo Securities International Limited. This move indicates Fiserv's strategy to strengthen its capital structure and potentially fund ongoing operations, strategic initiatives, or refinance existing debt. The offering is expected to close on June 23, 2026, subject to standard closing conditions. Investors should note the specific coupon rates and maturity dates of these new notes, which will become part of Fiserv's outstanding debt obligations.
FISERV INC 8-K Report, Regulation FD Disclosure (Jun 16, 2026)
Fiserv, Inc. (FISV) has announced the commencement of a cash tender offer for all of its outstanding 5.150% Senior Notes due 2027 and 4.400% Senior Notes due 2049. This move suggests a proactive approach by Fiserv to manage its existing debt obligations, potentially optimizing its capital structure or taking advantage of current market conditions. Investors should note that the success of this tender offer is contingent on the completion of a new euro-denominated senior notes offering, indicating a refinancing strategy is in play.
FISERV INC 8-K Report, Executive Changes (Jun 15, 2026)
Fiserv, Inc. (FISV) announced a significant leadership transition via an 8-K filing on June 15, 2026. Effective immediately, Michael P. Lyons has resigned as Chief Executive Officer and a member of the Board of Directors. The company stated that Mr. Lyons's resignation was not due to any disagreements regarding company operations, policies, or practices. He will receive only his accrued salary and no severance or equity benefits. Concurrently, Fiserv has appointed Takis Georgakopoulos as the new Chief Executive Officer and a member of the Board, effective June 14, 2026. Mr. Georgakopoulos, who most recently served as Co-President, Head of Merchant and Technology, brings extensive experience from his prior roles at Fiserv and JPMorgan Chase. His appointment is accompanied by a new compensation package, including a substantial base salary, incentive compensation, and significant equity awards, detailed in his offer letter. Additionally, Dhivya Suryadevara's title has been updated to President. The filing also discloses an equity award for CFO Paul M. Todd in connection with his resignation rights.
FISERV INC 8-K Report, Shareholder Vote Results (May 22, 2026)
Fiserv Inc. (FISV) filed an 8-K report detailing the results of its annual shareholder meeting held on May 21, 2026. The key takeaway for investors is the strong shareholder support for the re-election of all eleven directors, with votes 'For' significantly outnumbering 'Withheld' and 'Broker Non-Votes' across the board. This indicates continued confidence in the current board's leadership and strategic direction. Furthermore, shareholders provided advisory approval for the compensation of named executive officers, though with a notable percentage of votes against, suggesting some level of shareholder concern or differing views on executive pay. The company also secured shareholder ratification for Deloitte & Touche LLP as its independent registered public accounting firm, with overwhelming support. Conversely, a shareholder proposal seeking an independent board chair policy was rejected, demonstrating a preference for the existing governance structure.
FISERV INC 8-K Report, Financial Results (May 5, 2026)
Fiserv, Inc. (FISV) has filed an 8-K report on May 5, 2026, to disclose its financial results for the first quarter ended March 31, 2026. This filing primarily serves to incorporate by reference the press release containing these results, which was also issued on May 5, 2026. Investors should refer to Exhibit 99.1, the attached press release, for detailed information regarding the company's performance during the quarter. This includes key financial metrics, operational achievements, and forward-looking statements that may impact the company's future outlook.
FISERV INC 8-K Report, Corporate Update (Feb 20, 2026)
Fiserv, Inc. (FISV) announced a significant supplemental equity award to its Chief Executive Officer, Michael P. Lyons, on February 18, 2026. This award, consisting of performance share units (PSUs) valued at approximately $18 million and time-vesting restricted stock units (RSUs) valued at approximately $12 million, underscores the Board's confidence in Mr. Lyons' leadership and his role in executing the company's strategic transformation, particularly the 'One Fiserv' action plan. The structure of this award is designed to incentivize long-term shareholder value creation and ensure CEO retention. This supplemental award is in addition to Mr. Lyons' regular annual equity incentive, which itself comprises approximately $18.7 million in PSUs and RSUs with performance and time-based vesting schedules. The total value of equity granted to the CEO on this date is substantial, reflecting a strong alignment between executive compensation and the company's strategic objectives and performance, which will be further detailed with specific metrics for the 'One Fiserv' plan at Fiserv's 2026 investor day.
FISERV INC 8-K Report, Financial Results (Feb 10, 2026)
Fiserv, Inc. (FISV) has filed a Form 8-K on February 10, 2026, to report its financial results for the fourth quarter and full year ended December 31, 2025. The filing incorporates by reference a press release (Exhibit 99.1) that contains the detailed financial performance metrics. Investors should review this press release for a comprehensive understanding of the company's operational and financial condition as of the end of 2025. The primary purpose of this 8-K is to formally disseminate the company's earnings announcement. While the filing itself is brief, it directs stakeholders to the attached press release for all pertinent financial data, including revenue, profitability, segment performance, and potentially forward-looking guidance. This information is crucial for assessing Fiserv's recent performance, its competitive positioning, and its outlook for the upcoming fiscal year.
FISERV INC 8-K Report, Financial Results (Oct 29, 2025)
Fiserv, Inc. (FISV) has filed a Form 8-K on October 29, 2025, to report its financial results for the third quarter ended September 30, 2025. The key details of these results are provided in an accompanying press release, which is incorporated by reference into this filing. Investors should review this press release for specific performance metrics, revenue figures, profitability, and any forward-looking guidance issued by the company. This filing is critical for understanding Fiserv's recent financial health and operational performance. While the 8-K itself is a brief notification, the attached press release (Exhibit 99.1) contains the substantive financial data. Investors will be looking for trends in key business segments, customer acquisition and retention, and the company's ability to meet or exceed prior expectations. Any commentary on macroeconomic factors impacting the business or strategic initiatives underway will also be of significant interest.
FISERV INC 8-K Report, Listing Notice (Oct 29, 2025)
Fiserv, Inc. (FISV) announced significant strategic and leadership changes via an 8-K filing on October 29, 2025. The company is voluntarily delisting its common stock and senior notes from the New York Stock Exchange (NYSE) and transferring them to The NASDAQ Stock Market LLC (Nasdaq), effective around November 11, 2025. This move is expected to streamline operations and potentially enhance liquidity, with trading expected to begin on Nasdaq under new ticker symbols. In addition to the listing change, Fiserv is executing a substantial leadership transition. Dhivya Suryadevara has been appointed Co-President, Head of Financial Solutions, Global Operations, and Chief Revenue Officer, bringing extensive experience from UnitedHealth Group, Stripe, and General Motors. Takis Georgakopoulos has been appointed Co-President, Head of Merchant and Technology, stepping down from his COO role. Paul M. Todd has been appointed Chief Financial Officer, succeeding Robert W. Hau, who will move to a Special Advisor role. The filing also details the appointment of three new independent directors, including Gordon Nixon as non-executive Chairman of the board, and the retirement of two existing directors, signaling a strategic refresh of the company's governance structure.
FISERV INC 8-K Report, Executive Changes (Aug 29, 2025)
This 8-K filing from Fiserv, Inc. (FISV) reports a significant leadership change within its Financial Institutions Group. Effective August 25, 2025, John Gibbons, previously Co-Head of the Financial Institutions Group, will transition to a Senior Advisor role and step down from his current position. This transition is expected to last until February 28, 2026. This move is accompanied by a leadership adjustment, with Andrew Gelb, who previously served as Co-Head alongside Mr. Gibbons, now assuming the sole leadership position as Head of the Financial Institutions Group.
FISERV INC 8-K Report, Material Agreement (Aug 12, 2025)
Fiserv, Inc. (FISV) announced on August 12, 2025, the entry into a new senior unsecured multicurrency revolving credit facility, replacing its prior agreement. This new facility has an increased borrowing capacity of $8.0 billion and matures in August 2030, providing the company with enhanced financial flexibility and a longer-term liquidity runway. The company drew $0 at the time of entering the agreement, indicating a strong initial cash position or reliance on operating cash flows. The new credit agreement includes variable interest rates tied to currency-specific reference rates and the company's long-term debt rating. Key covenants are in place, most notably a limitation on consolidated indebtedness to 3.75 times consolidated EBITDA. This facility is a significant tool for managing working capital, funding growth initiatives, or addressing potential future capital needs, underscoring Fiserv's commitment to maintaining robust financial health.
FISERV INC 8-K Report, Material Agreement (Aug 11, 2025)
Fiserv, Inc. (FISV) announced the successful closing of a significant debt offering on August 11, 2025, raising a total of $2.0 billion through the issuance of senior notes. The offering comprised $1.0 billion of 4.550% Senior Notes due 2031 and $1.0 billion of 5.250% Senior Notes due 2035. This move indicates Fiserv's strategy to manage its capital structure and potentially fund future growth initiatives or refinance existing debt. Investors should note the interest rates and maturity dates, which provide insights into the cost of this new debt. The company has also included provisions for optional redemption and a repurchase obligation in the event of a change of control, offering some protection to noteholders. These newly issued notes are registered under a Form S-3 registration statement, signaling a planned and compliant approach to capital markets activity.
FISERV INC 8-K Report, Material Agreement (Aug 5, 2025)
Fiserv, Inc. (FISV) has announced a significant debt financing transaction through an 8-K filing on August 5, 2025. The company entered into an Underwriting Agreement to sell a total of $2 billion in aggregate principal amount of senior notes. This offering consists of $1 billion of 4.550% Senior Notes due 2031 and $1 billion of 5.250% Senior Notes due 2035. The transaction is expected to close on August 11, 2025, subject to standard closing conditions.
FISERV INC 8-K Report, Financial Results (Jul 23, 2025)
Fiserv, Inc. (FISV) has filed an 8-K report on July 23, 2025, to disclose its financial results for the quarter ended June 30, 2025. The core of this filing is the attached press release (Exhibit 99.1), which provides details on the company's operational performance and financial condition for the period. Investors should carefully review this press release for key metrics such as revenue, earnings per share (EPS), profitability, and any forward-looking guidance provided by management. While the 8-K itself is a procedural filing, the associated press release is where the substance lies for assessing Fiserv's recent performance. Investors will be looking for trends in payment processing volumes, client growth, and any strategic updates that may impact future revenue streams. Understanding these results is crucial for evaluating the company's ongoing ability to execute its business strategy and generate shareholder value in the competitive fintech landscape.
FISERV INC 8-K Report, Shareholder Vote Results (May 16, 2025)
Fiserv, Inc. (FISV) filed an 8-K on May 16, 2025, detailing the outcomes of its annual meeting of shareholders held on May 14, 2025. The report indicates strong shareholder support for the company's governance and strategic direction, with all incumbent directors being overwhelmingly elected and the appointment of Deloitte & Touche LLP as the independent auditor being ratified. Additionally, shareholders provided advisory approval for the compensation of named executive officers, signaling confidence in the company's executive remuneration practices. Of particular note, a shareholder proposal seeking amendments to the Compensation Recoupment Policy was rejected by a significant margin. This outcome suggests that existing compensation policies are viewed favorably by the majority of shareholders, or that the proposed amendments were not deemed necessary or beneficial. Overall, the meeting results reflect a stable and supportive shareholder base for Fiserv's current management and governance framework.
FISERV INC 8-K/A Report, Executive Changes (May 16, 2025)
This 8-K filing is an amendment to a previous filing from March 17, 2025, primarily to provide updated information regarding committee assignments for a newly appointed board member, Stephanie Cohen. The amendment clarifies that Ms. Cohen has been appointed to serve on both the Audit Committee and the Risk Committee of Fiserv's board of directors, effective May 14, 2025. These committee appointments are important for investors as they indicate the specific areas of oversight Ms. Cohen will contribute to, particularly in financial reporting and risk management, key functions for any publicly traded company.
FISERV INC 8-K Report, Material Agreement (May 7, 2025)
Fiserv, Inc. (FISV) announced the closing of a significant debt offering through its indirect, wholly owned subsidiary, Fiserv Funding Unlimited Company. The company successfully issued €2.225 billion in aggregate principal amount across three series of senior notes: €750 million of 2.875% Senior Notes due 2028, €775 million of 3.500% Senior Notes due 2032, and €650 million of 4.000% Senior Notes due 2036. These notes are fully and unconditionally guaranteed by Fiserv, Inc. on a senior unsecured basis. The offering provides Fiserv with substantial capital, likely for general corporate purposes or to refinance existing debt, at various interest rates and maturity periods. Key terms include the ability for Fiserv Funding to redeem the notes prior to maturity under specific conditions, with varying "par call" dates and call premiums. Additionally, the notes include a provision requiring Fiserv Funding to repurchase the notes at 101% of their principal amount in the event of a "change of control triggering event." The company has registered these notes under the Securities Act of 1933, indicating preparedness for capital market activities. This move reflects Fiserv's ongoing strategy to manage its capital structure and fund its operations.
FISERV INC 8-K Report, Executive Changes (May 7, 2025)
Fiserv, Inc. (FISV) announced a significant leadership transition via an 8-K filing on May 7, 2025. Frank J. Bisignano has resigned from his roles as Chairman and CEO, as well as a director, due to his confirmation as the Commissioner of the Social Security Administration. This change is effective as of May 6, 2025, the date of his confirmation. Following Mr. Bisignano's departure, Michael P. Lyons, who was previously the President and CEO-Elect, has officially assumed the role of Chief Executive Officer and joined the Board of Directors. Concurrently, Doyle R. Simons, the lead independent director, has been appointed as the non-executive Chairman of the Board. The filing also details the treatment of Mr. Bisignano's unvested performance share units (PSUs), with a portion vesting and the remainder being forfeited upon his resignation.
FISERV INC 8-K Report, Material Agreement (Apr 30, 2025)
Fiserv, Inc. (FISV) announced on April 30, 2025, a significant debt financing transaction through its indirect wholly-owned subsidiary, Fiserv Funding Unlimited Company. The company has entered into an Underwriting Agreement to issue and sell a substantial aggregate principal amount of senior notes across three tranches: €750 million of 2.875% Senior Notes due 2028, €775 million of 3.500% Senior Notes due 2032, and €650 million of 4.000% Senior Notes due 2036. These notes will be guaranteed by the parent company, Fiserv, Inc. This offering represents a strategic move to raise capital, likely for general corporate purposes, operational investments, or to manage existing debt obligations. Investors should note the specific coupon rates and maturity dates for each note series, which indicate the cost of borrowing for Fiserv. The transaction is expected to close on May 7, 2025, subject to standard closing conditions. The issuance is being made under a previously effective registration statement, indicating ongoing capital market access for Fiserv.
FISERV INC 8-K Report, Financial Results (Apr 24, 2025)
Fiserv, Inc. (FISV) has filed an 8-K report on April 24, 2025, announcing its financial results for the first quarter ended March 31, 2025. While the filing itself is brief, it incorporates by reference a press release (Exhibit 99.1) containing the detailed financial performance. Investors should refer to this press release for specifics on revenue, earnings per share, profitability, and any forward-looking guidance provided by the company. This report serves as the official notification of the company's latest financial outcomes, crucial for assessing the company's ongoing operational health and strategic execution.
FISERV INC 8-K Report, Executive Changes (Apr 2, 2025)
Fiserv, Inc. (FISV) has announced a significant leadership change, appointing Takis Georgakopoulos as its new Chief Operating Officer (COO) effective April 2, 2025. Mr. Georgakopoulos, formerly an Executive Vice President, will oversee the company's technology operations and Merchant Solutions business. This appointment marks a strategic move to leverage his extensive experience, particularly from his recent role as Global Head of Payments at J.P. Morgan. The transition involves the current COO, Guy Chiarello, moving to the role of Vice Chairman, focusing on enterprise technology strategy and solutions. Jennifer LaClair will continue as Head of Merchant Solutions, now reporting to the new COO. This reshuffling of key leadership positions suggests a focus on strengthening operational efficiency and technological innovation within Fiserv.
FISERV INC 8-K Report, Executive Changes (Mar 17, 2025)
Fiserv, Inc. (FISV) announced a significant addition to its board of directors with the appointment of Stephanie Cohen, effective March 15, 2025. Ms. Cohen, a seasoned executive with extensive experience in strategy and finance, brings a strong background from her roles at Cloudflare Inc. and Goldman Sachs, where she held leadership positions in areas such as platform solutions, consumer and wealth management, and M&A. Her appointment is expected to bolster the board's strategic oversight and financial acumen. Ms. Cohen has been deemed independent by the NYSE and SEC standards, ensuring objective guidance. She will be compensated according to the company's standard non-employee director arrangements and will be eligible for the deferred compensation plan. Investors should view this appointment as a positive step towards enhanced corporate governance and strategic direction, leveraging Ms. Cohen's deep industry knowledge.
FISERV INC 8-K Report, Financial Results (Feb 5, 2025)
Fiserv, Inc. (FISV) has filed an 8-K report on February 5, 2025, primarily to disclose its financial results for the fourth quarter and full year ended December 31, 2024. The press release announcing these results, attached as Exhibit 99.1, is the core of this filing. Investors should refer to this press release for detailed financial performance, including key metrics such as revenue, net income, earnings per share (EPS), and any forward-looking guidance provided by the company. This report signifies the official release of Fiserv's performance for the preceding fiscal year and quarter. It's crucial for understanding the company's operational success, profitability, and its outlook for the upcoming periods. Investors will be looking for trends, year-over-year comparisons, and any significant deviations from prior expectations to inform their investment decisions.
FISERV INC 8-K Report, Executive Changes (Jan 23, 2025)
Fiserv, Inc. (FISV) announced a significant leadership transition through an 8-K filing on January 23, 2025. The company has appointed Michael P. Lyons as President and CEO-Elect, effective January 27, 2025, and as Chief Executive Officer and a Board member upon the earlier of confirmation of Frank J. Bisignano as Commissioner of Social Security or June 30, 2025. Mr. Bisignano will step down as President on January 27, 2025, but will remain Chairman and CEO until the CEO Transition Date. This planned succession aims to ensure continuity in leadership while Mr. Bisignano transitions to a potential public service role. Mr. Lyons brings extensive experience from The PNC Financial Services Group, where he most recently served as President. His compensation package is substantial, including a base salary of $1.3 million, a target annual bonus of 200% of base salary, and significant equity awards totaling $16.1 million in RSUs and PSUs for 2025. The filing also details replacement awards to compensate Mr. Lyons for forfeiting unvested equity and cash incentives from his previous employer, totaling over $11.6 million in cash and substantial RSU and PSU grants. The company also clarified its corporate governance by separating the roles of Chairman and CEO, appointing Doyle R. Simons as non-executive Chairman.
FISERV INC 8-K Report, Executive Changes (Dec 6, 2024)
This 8-K filing announces a significant development for Fiserv, Inc. (FISV) regarding its leadership. On December 4, 2024, Fiserv's Chairman, President, and CEO, Frank J. Bisignano, was appointed by President-elect Donald J. Trump to serve as Commissioner of the Social Security Administration. This appointment is contingent upon confirmation by the U.S. Senate. Mr. Bisignano will maintain his executive roles at Fiserv until this confirmation process is complete. While this represents a substantial personal and professional step for Mr. Bisignano, it introduces a period of leadership transition uncertainty for Fiserv investors. The company has issued a press release confirming this nomination, which is attached as an exhibit to this filing. Investors should closely monitor the Senate confirmation process and any subsequent announcements from Fiserv regarding interim or permanent leadership changes.
FISERV INC 8-K Report, Financial Results (Oct 22, 2024)
Fiserv, Inc. (FISV) has filed a Form 8-K on October 22, 2024, to report its financial results for the third quarter ended September 30, 2024. The core of this filing is the press release announcing these results, which is incorporated by reference. Investors should focus on this press release (Exhibit 99.1) for details regarding the company's performance, including revenue, profitability, and any forward-looking guidance. While the 8-K itself is procedural, the attached press release is critical for understanding Fiserv's operational and financial standing. Key metrics such as revenue growth, earnings per share (EPS), and any segment-specific performance will be detailed within. Investors should pay close attention to management's commentary on the results and any outlook provided for the remainder of the fiscal year, as this will significantly influence future investment decisions.
FISERV INC 8-K Report, Material Impairment (Sep 25, 2024)
Fiserv, Inc. (FISV) announced in an 8-K filing that it expects to record a non-cash impairment charge of its equity method investment in Wells Fargo Merchant Services (WFMS) in the range of $400 million to $600 million for the third quarter of 2024. This impairment is related to the upcoming expiration of the WFMS joint venture on April 1, 2025, in which Fiserv holds a 40% stake. While a significant non-cash charge, the company emphasizes that it will not result in material future cash expenditures. Importantly, Fiserv clarified that this impairment is not expected to impact its 2024 adjusted earnings per share due to its non-cash nature. Furthermore, the company reaffirmed its previously communicated medium-term performance outlook for 2025 and 2026, which includes organic revenue growth of 9-12% and adjusted earnings per share growth of 14-18%. This stability in outlook is supported by a new multiyear agreement with Wells Fargo to provide processing and other services to Wells Fargo's merchant business post-joint venture expiration.
FISERV INC 8-K Report, Material Agreement (Aug 12, 2024)
Fiserv, Inc. (FISV) has announced the successful closing of a substantial debt offering, raising a total of $1.75 billion through the issuance of senior notes. Specifically, the company issued $850 million in 4.750% Senior Notes due 2030 and $900 million in 5.150% Senior Notes due 2034. This move signifies a strategic effort by Fiserv to bolster its capital structure and potentially fund future growth initiatives or refinance existing debt. The new notes come with specific interest rates and maturity dates, with provisions for optional redemption and repurchase upon a change of control triggering event. Investors should note the total aggregate principal amount and the varying interest rates and maturity profiles of the two tranches of notes. The ability for Fiserv to redeem these notes prior to their maturity dates, at a premium linked to Treasury rates, provides the company with financial flexibility. Furthermore, the inclusion of a change of control provision offers a degree of protection to noteholders in the event of significant corporate changes. The filing incorporates these notes under existing indentures and is part of a previously filed registration statement.
FISERV INC 8-K Report, Material Agreement (Aug 2, 2024)
Fiserv, Inc. (FISV) announced on August 2, 2024, through an 8-K filing, that it has entered into an Underwriting Agreement to issue and sell a substantial amount of senior notes. Specifically, the company plans to issue $850 million of 4.750% Senior Notes due 2030 and $900 million of 5.150% Senior Notes due 2034, totaling $1.75 billion in aggregate principal amount. This offering is being conducted in the public market and is expected to close on August 12, 2024, subject to standard closing conditions. This debt issuance represents a significant capital raising event for Fiserv. Investors should note the specific interest rates and maturity dates of the new notes, which provide insight into the company's cost of debt and long-term financing strategy. The company has utilized its existing shelf registration statement for this offering, indicating prior regulatory review and readiness for accessing capital markets.
FISERV INC 8-K Report, Financial Results (Jul 24, 2024)
Fiserv, Inc. (FISV) filed an 8-K on July 24, 2024, primarily to report its financial results for the second quarter ended June 30, 2024. The report incorporates by reference a press release containing these results, which is attached as an exhibit. Investors should review this press release for detailed financial performance, operational updates, and forward-looking guidance. The key takeaway for investors is the announcement of Fiserv's Q2 2024 financial performance. While this 8-K itself doesn't contain the granular data, it serves as the official notification that this information is now publicly available. Investors will be looking for metrics such as revenue growth, profitability, earnings per share (EPS), and any updates to the company's full-year outlook. The attached press release is the critical document for understanding the company's current financial health and future prospects.
FISERV INC 8-K Report, Shareholder Vote Results (May 17, 2024)
Fiserv, Inc. (FISV) filed an 8-K on May 17, 2024, detailing the results of its annual meeting of shareholders held on May 15, 2024. The primary focus of the filing is the voting outcomes on several key corporate matters. Shareholders overwhelmingly re-elected all ten nominated directors, indicating strong support for the current board's leadership and strategy. This stable governance is a positive signal for investors concerned about leadership continuity. Furthermore, the company achieved shareholder approval, on an advisory basis, for the compensation of its named executive officers. While the "Votes For" significantly outnumbered "Votes Against," the level of opposition warrants attention. The appointment of Deloitte & Touche LLP as the independent registered public accounting firm for fiscal year 2024 was also overwhelmingly ratified, reinforcing confidence in the company's financial oversight and reporting.
FISERV INC 8-K Report, Financial Results (Apr 23, 2024)
Fiserv, Inc. (FISV) has filed an 8-K on April 23, 2024, to report its financial results for the quarter ended March 31, 2024. The filing primarily references a press release, attached as Exhibit 99.1, which contains the detailed financial performance and operational updates for the period. Investors should refer to this press release for comprehensive information regarding the company's financial condition and results of operations during the first quarter of 2024. While the 8-K itself is brief, focusing on the incorporation of the press release, the underlying financial performance announced therein is crucial for understanding Fiserv's current trajectory. Key metrics such as revenue growth, profitability, segment performance, and any forward-looking guidance provided in the press release will be of significant interest to shareholders and potential investors seeking to assess the company's performance against expectations and its peers in the payment processing and financial technology sector.
FISERV INC 8-K Report, Financial Results (Mar 26, 2024)
Fiserv Inc. (FISV) announced a significant realignment of its reportable segments, effective for the quarter ending March 31, 2024. This change aims to enhance operational performance by grouping businesses into two primary segments: Merchant Solutions and Financial Solutions. The Merchant segment will encompass products and services for businesses of all sizes, including small business solutions (like Clover®), enterprise solutions (like CaratSM), and processing services for third-party resellers. The Financial segment will focus on solutions for financial institutions, corporate, and public sector clients, covering areas such as banking, digital payments, and card issuing processing.
FISERV INC 8-K Report, Executive Changes (Mar 13, 2024)
Fiserv, Inc. (FISV) announced a significant addition to its Board of Directors with the appointment of Ajei S. Gopal, effective March 12, 2024. Mr. Gopal brings extensive leadership experience, most recently serving as President and CEO of ANSYS, Inc., a prominent engineering simulation software provider. His appointment is intended to enhance the board's expertise in areas critical to Fiserv's strategic direction and operational execution. Mr. Gopal's background includes significant roles at various technology and private equity firms, such as Silver Lake Partners, Hewlett Packard Software, CA Technologies, and Symantec, suggesting a strong understanding of technology innovation, strategic growth, and corporate governance. His addition to the Risk and Nominating and Corporate Governance committees signals a focus on strengthening oversight in these crucial areas. Investors can view this as a positive step towards continued robust governance and strategic guidance for the company.
FISERV INC 8-K Report, Material Agreement (Mar 4, 2024)
Fiserv, Inc. (FISV) has announced the successful closing of a significant public offering of senior notes, raising a total of $2 billion. The offering comprises three tranches: $750 million of 5.150% Senior Notes due 2027, $500 million of 5.350% Senior Notes due 2031, and $750 million of 5.450% Senior Notes due 2034. These new notes were issued under Fiserv's existing Indenture, with supplemental indentures specifying the terms for each tranche. This debt issuance represents a substantial capital raise for Fiserv. While the filing does not explicitly state the use of proceeds, such large debt offerings are typically utilized for general corporate purposes, potential acquisitions, refinancing existing debt, or funding strategic initiatives. Investors should note the varying interest rates and maturity dates, which offer different risk/reward profiles within the overall debt structure. The terms include customary provisions for optional redemption by Fiserv and a mandatory repurchase requirement upon a change of control triggering event.
FISERV INC 8-K Report, Material Agreement (Feb 27, 2024)
Fiserv, Inc. (FISV) announced a significant debt financing transaction through a public offering of senior notes. The company entered into an Underwriting Agreement on February 26, 2024, to sell a total of $2 billion in senior notes across three tranches: $750 million of 5.150% Senior Notes due 2027, $500 million of 5.350% Senior Notes due 2031, and $750 million of 5.450% Senior Notes due 2034. The offering is expected to close on March 4, 2024, subject to standard closing conditions. This debt issuance represents a substantial capital raise for Fiserv. Investors should note the specific coupon rates and maturity dates for each series of notes. The company is leveraging the public markets to secure long-term financing, which could be used for various corporate purposes, including general corporate needs, potential acquisitions, or refinancing existing debt. The terms of the Underwriting Agreement are standard for such transactions, including customary representations, warranties, and indemnification provisions.
FISERV INC 8-K/A Report, Executive Changes (Feb 21, 2024)
This 8-K filing from Fiserv, Inc. serves as an amendment to a previous filing from August 1, 2023. The primary purpose is to disclose the committee assignments for Charlotte Yarkoni, who was appointed to the board of directors in the original filing. Investors should note that this is an update to previously disclosed information and does not introduce new strategic or financial developments.
FISERV INC 8-K Report, Executive Changes (Feb 21, 2024)
Fiserv, Inc. announced a significant addition to its Board of Directors on February 21, 2024, with the appointment of Lance Fritz, effective February 16, 2024. Mr. Fritz brings extensive executive experience, having most recently served as Chairman, President, and CEO of Union Pacific Corporation from 2015 to 2023. His appointment is seen as a strategic move to leverage his seasoned leadership and operational expertise within the financial technology sector. Mr. Fritz's role will include serving on the audit and nominating and corporate governance committees, indicating his active involvement in critical oversight functions. His independence has been confirmed under NYSE and SEC regulations, ensuring objective guidance for the company. Investors will likely view this as a positive development, signaling a strengthening of the board's governance and strategic capabilities.
FISERV INC 8-K Report, Financial Results (Feb 6, 2024)
Fiserv, Inc. (FISV) filed an 8-K on February 6, 2024, to report its financial results for the fourth quarter and full year ended December 31, 2023. The primary driver of this filing is the accompanying press release, which details the company's performance. Investors should focus on the specific metrics and financial figures presented in this press release, as they provide the core of the company's operational and financial condition update. This report serves as an official notification of these results and is crucial for understanding Fiserv's recent financial trajectory. While the 8-K itself is brief, it directs stakeholders to the detailed financial statements and operational commentary found within the press release, making that document the essential reference for evaluating the company's performance and outlook.
FISERV INC 8-K Report, Executive Changes (Dec 6, 2023)
This 8-K filing reports the resignation of Suzan Kereere, Executive Vice President and Head of Global Business Solutions, from Fiserv Inc. (FISV), effective December 31, 2023. While the filing does not provide specific reasons for Ms. Kereere's departure, it marks a significant change in leadership within a key business segment of the company. Investors should monitor Fiserv's subsequent communications for information regarding the transition plan for this role and any potential impact on the Global Business Solutions segment's strategy and performance.
FISERV INC 8-K Report, Financial Results (Nov 15, 2023)
Fiserv Inc. (FISV) announced in this Form 8-K a significant change in its reporting structure, realigning its business into two new reportable segments: Merchant Solutions and Financial Solutions. This change is expected to be effective starting with the first quarter of 2024. The company also provided updated historical revenue information under the new segment structure and introduced preliminary organic revenue growth outlooks for 2024 and the medium term (2025-2026). The new segments are designed to enhance operational performance and better reflect the integrated nature of their offerings to clients. Investors should note that the company is providing non-GAAP measures for revenue and growth, with specific exclusions for foreign currency fluctuations, acquisitions, dispositions, and postage reimbursements. Reconciliations for historical non-GAAP measures are available, though forward-looking reconciliations are not provided due to inherent variability.
FISERV INC 8-K Report, Financial Results (Oct 24, 2023)
Fiserv, Inc. (FISV) has filed an 8-K report on October 24, 2023, primarily announcing its financial results for the quarter ended September 30, 2023. While the 8-K itself is brief, it directs investors to the accompanying press release (Exhibit 99.1) for detailed financial performance. Investors should review this press release to understand Fiserv's revenue, profitability, segment performance, and any forward-looking guidance provided by the company. This filing serves as the official notification of the company's quarterly performance update.
FISERV INC 8-K Report, Material Agreement (Aug 21, 2023)
Fiserv, Inc. (FISV) announced the successful completion of a significant debt offering, raising a total of $2 billion through the issuance of senior notes. The offering includes $700 million in 5.375% Senior Notes due 2028 and $1.3 billion in 5.625% Senior Notes due 2033. These notes were issued under existing indenture agreements, with the terms finalized through supplemental indentures. The primary purpose of this filing is to inform investors about the terms and conditions of this new debt issuance. Key details include the interest rates, maturity dates, and provisions for optional redemption and repurchase upon a change of control. This move suggests Fiserv is strategically managing its capital structure, potentially for general corporate purposes, acquisitions, or refinancing existing debt. Investors should monitor how this new debt impacts the company's leverage ratios and overall financial health.
FISERV INC 8-K Report, Material Agreement (Aug 15, 2023)
Fiserv, Inc. (FISV) has announced a significant capital markets transaction through an 8-K filing dated August 15, 2023. The company entered into an Underwriting Agreement to sell a substantial aggregate principal amount of senior notes, comprising $700 million of 5.375% Senior Notes due 2028 and $1.3 billion of 5.625% Senior Notes due 2033. This offering, expected to close on August 21, 2023, represents a strategic move by Fiserv to raise capital, likely to fund ongoing operations, strategic initiatives, or potentially refinance existing debt. Investors should note the specific interest rates and maturity dates associated with these notes, which offer a fixed-income investment opportunity. The underwriting is being handled by a group of prominent financial institutions, including BofA Securities, Inc., PNC Capital Markets LLC, Truist Securities, Inc., and Wells Fargo Securities, LLC. The terms of the Underwriting Agreement are standard for such public offerings, including customary representations, warranties, and closing conditions.
FISERV INC 8-K Report, Material Agreement (Aug 8, 2023)
Fiserv, Inc. (FISV) announced a significant share repurchase agreement executed on August 7, 2023, with ValueAct Capital Master Fund, L.P. The company agreed to repurchase approximately 4.1 million shares of its common stock at a price of $121.9829 per share, totaling nearly $500 million. This transaction is part of Fiserv's previously authorized share repurchase program, which allows for the buyback of up to 75 million shares. This substantial repurchase signals management's confidence in the company's valuation and its commitment to returning capital to shareholders. Investors should view this action as a strategic move to enhance shareholder value, potentially by increasing earnings per share and demonstrating financial discipline. The privately negotiated nature of the deal, with a large institutional investor, suggests a well-structured transaction that aligns with the company's existing capital allocation strategy.
FISERV INC 8-K Report, Executive Changes (Aug 1, 2023)
Fiserv, Inc. (FISV) announced on August 1, 2023, the appointment of Charlotte Yarkoni to its Board of Directors. Ms. Yarkoni brings extensive experience in cloud, AI, and commerce ecosystems, most recently serving as President of Commerce, Ecosystems, Cloud & AI at Microsoft Corporation. Her appointment is expected to add valuable industry perspective to the board, given her significant background in technology and software businesses. Ms. Yarkoni has been deemed independent by the company, adhering to NYSE and SEC regulations. She will participate in Fiserv's standard compensation arrangements for non-employee directors, including participation in the deferred compensation plan and entering into a standard director indemnity agreement. Investors should note that her board committee assignments are pending.
FISERV INC 8-K Report, Financial Results (Jul 26, 2023)
Fiserv, Inc. (FISV) filed an 8-K on July 26, 2023, to report its financial results for the second quarter ended June 30, 2023. The filing primarily incorporates by reference a press release detailing these results, which serves as the main source of information regarding the company's performance during the period. Investors should refer to the attached Exhibit 99.1 for comprehensive details on revenue, profitability, and other key financial metrics. While the 8-K itself is brief, it signals the official release of quarterly financial information. This allows investors to assess Fiserv's operational and financial condition, compare performance against prior periods and analyst expectations, and make informed investment decisions. The incorporation of the press release ensures that detailed financial data, commentary from management, and forward-looking statements, if any, are made publicly available.