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12:30
Aug 04 ◎

FIS FY2026 Q2 Watch

Fidelity National Information Services, Inc. (FIS) FY2026 Q2 Earnings Call

V UBS CS FIS MSFT ▾

Stephanie Ferris

Management frames Visa's Pismo as non-overlapping, reducing competitive threat to FIS's core large-bank issuing business and potentially limiting Pismo's high-end expansion.

"their strategy around Pismo is to target small to mid-sized banks and fintechs, not large banks where we operate."

V WATCH

Stephanie Ferris

Confirms expected attrition from a major client due to M&A, a well-known factor pressuring FIS's capital markets revenue growth.

"We began the year with a known revenue headwind related to UBS's acquisition of Credit Suisse. The resulting client attrition is impacting 2026 revenue growth by approximately one percentage point."

UBS WATCH

Stephanie Ferris

The inherited Credit Suisse attrition is a headwind FIS is growing over, with the impact expected to dissipate in 2027.

"the UBS acquisition of Credit Suisse. The resulting client attrition is impacting 2026 revenue growth by approximately one percentage point."

CS WATCH

James Kehoe

Management acknowledges the capital markets segment underperformance and revises guidance lower, but the rest of the business (banking, cash flow) remains solid, leading to a mixed overall tone.

"We are rebasing our capital markets guide to reflect actual first half trends with modest reacceleration in Q4."

FIS WATCH

Stephanie Ferris

FIS's AI adoption is yielding significant internal productivity gains, with ticket volumes down 70% and triage times down 75%. — This is a concrete example of AI's ROI within a large enterprise, substantiating the business case for AI tools and platforms from vendors like Microsoft and Anthropic.

"we've launched five agentic programs with manual tickets down 70% and triage time down nearly 75%."

MSFT WATCH

HIGH

12:30
May 08 ◎

FIS FY2026 Q1 Watch

Fidelity National Information Services, Inc. (FIS) FY2026 Q1 Earnings Call

BMO AMAL FIS FI ▾

Stephanie Farris

BMO is a design partner for FIS's new AI-powered financial crimes agent, indicating early adoption and co-development of the new product.

"BMO and Amalgamated Bank are our design partners for this first agent."

BMO WATCH

Stephanie Farris

Amalgamated Bank is a design partner for FIS's new AI-powered financial crimes agent, indicating early adoption and co-development of the new product.

"BMO and Amalgamated Bank are our design partners for this first agent."

AMAL WATCH

Stephanie Farris

Management expresses strong confidence in its full-year outlook based on a strong Q1 beat, significant commercial momentum (ACV), and strategic partnerships in AI and digital assets that position FIS for future growth.

"We outperformed across every financial metric. Revenue is strong, margins expanded, free cash flow more than doubled, and our commercial momentum, particularly on new ACV, reached new levels."

FIS WATCH

Stephanie Farris

FIS is actively using AI to accelerate the conversion process for banks switching cores, leveraging this as a tool to win new business. — This agility could give FIS a competitive edge in capturing market share from competitors when banks decide to modernize or during M&A activity, potentially accelerating its growth.

"We are actively in conversations in terms of the value of not just debiting credit together, but also core. And in fact, one of the key use cases we've launched with the first bank of Puerto Rico that we talked about is a commercial or"

FI WATCH

HIGH

13:30
Feb 24 ◎

FIS FY2026 Q4 Watch

Fidelity National Information Services, Inc. (FIS) FY2026 Q4 Earnings Call

WP FIS ▾

Stephanie Farris

FIS continues to derive growing revenue from WorldPay through commercial agreements post-separation, indicating strong demand for FIS's payment products.

"WorldPay's use of our loyalty and premium payback product, use of our network routing capabilities on NICE, These are really, really strong products that they use in cross-sell."

WP WATCH

James Keogh

Management is clearly bullish, raising guidance for 2026 with strong pro forma revenue, margin expansion and a new free cash flow outlook over $2 billion, on track to double by 2028.

"We are projecting durable revenue growth combined with significant margin expansion. And lastly, We are targeting free cash flow of over $2 billion and are well on track to generating more than $3 billion of free cash flow in 2028."

FIS WATCH

HIGH

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