FISV

Truist Financial delivered strong second-quarter earnings Friday, but investors may be more focused on what the leadership transition to incoming CEO Michael Lyons could mean for the bank’s strategy.

Interested in The PNC Financial Services Group, Inc? Here are five stocks we like better. PNC posted a strong second quarter with net income of $2.1 billion and adjusted diluted EPS of $4.85, driven by broad-based business momentum, stronger fee income, and continued commercial loan growth. Revenue growth was led by net interest income and fees, as total revenue rose 12% quarter over quarter to $6.9 billion. Fee income jumped 10% on record M&A advisory activity and gains across capital markets, asset management, card, and mortgage businesses. Credit quality and capital returns remained solid, with nonperforming loans, delinquencies, and charge-offs improving. PNC also raised its quarterly dividend 18% and returned $1.3 billion to shareholders through dividends and buybacks. Fiserv’s Debit Network Talks Raise a Bigger Question for Visa and Mastercard The PNC Financial Services Group (NYSE:PNC) reported what Chairman and CEO Bill Demchak called an “impressive” second quarter, with management pointing to broad-based business momentum, stronger fee income, continued commercial loan growth and stable credit quality. PNC generated second-quarter net income of $2.1 billion, or $4.81 per diluted share. Demchak said results included FirstBank integration costs and other significant items that collectively reduced earnings per share by $0.04, resulting in adjusted diluted EPS of $4.85. → 3 Space Stocks That Could Outshine SpaceX After Its IPO Big Bank Earnings Gave Financials a Lift, But Wall Street Is Still Cautious “Business momentum remains really strong,” Demchak said. “We continue to win new clients and deepen existing relationships.” He cited healthy growth in demand deposit accounts, increased client acquisition across corporate and private banking, and higher net interest income supported by commercial loan growth and favorable deposit mix and pricing. Chief Financial Officer Rob Reilly said total revenue was $6.9 billion in the second quarter, up $710 million, or 12%, from the first quarter. Net interest income was $4.1 billion, up $146 million, helped by commercial loan growth and higher non-interest-bearing deposit balances. Net interest margin rose one basis point to 2.96%. → The SK Hynix IPO and 2027’s AI Memory Squeeze PNC Prepping for Its Best Year—Is Anyone Noticing? Fee income was a standout in the quarter, increasing $200 million, or 10%, to $2.3 bil...

Interested in Bank of America Corporation? Here are five stocks we like better. Bank of America posted a strong Q2, with revenue up 15% to $31.6 billion and net income up 27% to $9.1 billion. Earnings per share rose 34% to $1.21, driven by growth across every major business segment. Revenue gains were led by net interest income, investment banking, wealth management fees and trading, while deposits and loans continued to expand. Average deposits rose for a 12th straight quarter and average loans increased 8% year over year. Management lifted its full-year outlook, now expecting 300 to 400 basis points of operating leverage and NII growth at the upper end of its 6% to 8% range. Credit quality remained stable, with provisions and charge-offs holding roughly steady and consumer card trends improving. Fiserv’s Debit Network Talks Raise a Bigger Question for Visa and Mastercard Bank of America (NYSE:BAC) reported broad-based second-quarter growth, with management pointing to stronger net interest income, fee revenue, client activity and operating leverage across each of its business segments. CEO Brian Moynihan said the bank generated revenue of $31.6 billion, up 15% from a year earlier, while net income rose 27% to $9.1 billion. Earnings per share increased 34% to $1.21. Moynihan said the company delivered 6.6% operating leverage in the quarter, improved its efficiency ratio to 59% and generated a 17% return on tangible common equity. → The SK Hynix IPO and 2027’s AI Memory Squeeze BitMine’s Ethereum Bet Is Only Part of the Story “Every business segment contributed to our year-over-year growth,” Moynihan said, adding that each segment increased revenue and net income, generated operating leverage and improved its efficiency ratio. Moynihan said revenue growth was led by net interest income, investment banking, wealth management fees and sales and trading revenue. Net interest income on a fully taxable-equivalent basis was about $16.2 billion, up 9% from the prior-year quarter. He attributed the increase to core lending and deposit-gathering strength, lending in Global Markets, repricing of lower-yielding assets and repayment of higher-cost funding. → This Dividend ETF Choice Could Shape Your Income Strategy Through 2026 Chime Finally Turns Profitable—But Risks Remain Non-interest income grew 22%, helped by activity in wealth management, investment banking and ma...

Interested in Citigroup Inc.? Here are five stocks we like better. Citigroup posted a strong Q2 2026 with net income of $5.8 billion, EPS of $3.15, and revenue of $24.8 billion, its best quarterly revenue in a decade. Management said growth was broad-based across major businesses and that ROTCE reached 13%. Services, Markets, and Banking led performance, with Services revenue up 18%, Markets revenue up 17%, and Banking revenue up 34%. Wealth also extended its growth streak, while U.S. Consumer Cards saw higher costs as Citi stepped up investments and added the American Airlines card portfolio. Citi continued returning capital and keeping a solid balance sheet, ending with a 12.8% CET1 ratio and buying back $4 billion of stock. The bank launched a $30 billion repurchase program and plans to raise its dividend by 12%, while still targeting full-year 2026 ROTCE of 10% to 11%. MarketBeat Week in Review – 07/06 - 07/10 Citigroup (NYSE:C) reported a stronger second quarter of 2026, with management pointing to broad-based revenue growth, improved returns and continued capital returns, while cautioning that second-half results could be affected by normal seasonality and a deliberate increase in investment spending. Chair and Chief Executive Officer Jane Fraser said the quarter “capped a very good first half of the year,” as Citi reported net income of $5.8 billion, earnings per share of $3.15 and return on tangible common equity, or ROTCE, of 13%. Revenue reached $24.8 billion, which Fraser described as Citi’s best quarterly revenue in a decade. She said the firm delivered more than 9% positive operating leverage, with double-digit revenue growth for the company and in four of its five main businesses. → The SK Hynix IPO and 2027’s AI Memory Squeeze Fiserv’s Debit Network Talks Raise a Bigger Question for Visa and Mastercard Chief Financial Officer Gonzalo Luchetti said total revenues rose 14% year over year, while expenses increased 5% to $14.2 billion. Citi’s efficiency ratio was below 58% for the quarter. On a year-to-date basis, Luchetti said revenues were up 14%, expenses were up 6% and ROTCE was 13.1%. Fraser said Citi’s Services business delivered its highest quarterly revenue ever and generated a return of more than 30%. Luchetti said Services revenue rose 18%, supported by growth in both Treasury and Trade Solutions and Securities Services. Average deposits...

MILWAUKEE, July 14, 2026 (GLOBE NEWSWIRE) -- Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, will announce its second quarter financial results before the market opens on Thursday, August 6, 2026. The company will discuss its results in a live webcast at 7 a.m. CT (8 a.m. ET) on August 6, 2026. The webcast, along with supplemental financial information, can be accessed on the investor relations section of the Fiserv website at investors.fiserv.com. A replay will be available approximately one hour after the conclusion of the live webcast. About Fiserv Fiserv, Inc. (NASDAQ: FISV), a Fortune 500 company, is a global leader uniting commerce and finance. At the intersection of banking and commerce, the company powers sustained growth and innovation at scale for financial institutions and businesses worldwide across payments, account processing, digital banking, merchant acquiring, network services, eCommerce, and Clover®, the all-in-one business management platform. Fiserv is a member of the S&P 500® Index and one of FORTUNE® America’s Most Innovative Companies. Visit fiserv.com and follow on social media for more information and the latest company news.

In late June 2026, Truist Financial Corporation announced that former Fiserv CEO Mike Lyons will lead the bank, alongside releasing its latest Dodd-Frank company-run stress test results and being added to the Russell 1000 Defensive and Russell 1000 Value-Defensive Indexes. This combination of a high-profile leadership change, fresh regulatory resilience data, and inclusion in defensive equity benchmarks gives investors new information about Truist’s risk profile and potential direction. We’ll now examine how Mike Lyons’ appointment as CEO reshapes Truist Financial’s existing investment narrative and its key risk‑reward drivers. This technology could replace computers: discover 26 stocks that are working to make quantum computing a reality. To own Truist Financial, you need to be comfortable with a large regional bank still balancing traditional branches with a push into digital, while managing credit and regulatory pressures. The recent appointment of Mike Lyons as incoming CEO, along with fresh stress test results and index additions, does not materially change the near term focus on credit quality, especially in commercial real estate, as the key swing factor and primary risk for the story right now. Among the recent announcements, Truist’s latest Dodd Frank company run stress test results are most relevant here, because they give investors updated information on how the balance sheet might perform under adverse scenarios. For shareholders watching credit costs and capital as the main catalysts, those stress test outcomes sit directly alongside the leadership change and index inclusions when assessing Truist’s current risk reward profile. Yet investors should be aware that Truist’s above average exposure to commercial real estate could still... Read the full narrative on Truist Financial (it's free!) Truist Financial's narrative projects $24.1 billion in revenue and $6.1 billion in earnings by 2029. Uncover how Truist Financial's forecasts yield a $55.88 fair value, a 10% upside to its current price. Simply Wall St Community members offer 2 fair value views for Truist, from about US$55.88 up to US$74.30 per share, showing how far opinions can spread. You can weigh these against Truist’s ongoing need to manage higher commercial real estate exposure, which could have important consequences for future earnings resilience. Explore 2 other fair value estimates...

Valued at $26 billion by market cap, Fiserv, Inc. (FISV) is a leading financial technology company that provides payment processing, banking, and digital financial services to banks, credit unions, merchants, and businesses worldwide. The Milwaukee, Wisconsin-based company’s solutions span core banking software, card and payment processing, digital banking, e-commerce, and point-of-sale systems. Through its well-known platforms, including Clover and Carat, Fiserv helps financial institutions and merchants process transactions, manage accounts, and deliver digital payment experiences. The fintech giant is expected to announce its fiscal 2026 second-quarter earnings in the near term. Ahead of the event, analysts expect FISV to report a profit of $1.91 per share on a diluted basis, down 22.7% from $2.47 per share in the year-ago quarter. The company beat the consensus estimates in three of the last four quarters while missing the forecast on another occasion. Dear Microsoft Stock Fans, Mark Your Calendars for August 1 Heavy Advanced Micro Devices Call Options Volume Today - Is AMD Undervalued? From Zero to $15 Billion, Qualcomm’s AI Roadmap Gets a Boost From Modular Acquisition Get exclusive insights with the FREE Barchart Brief newsletter. Subscribe now for quick, incisive midday market analysis you won't find anywhere else. For the current year, analysts expect FISV to report EPS of $8.14, down 5.8% from $8.64 in fiscal 2025. However, its EPS is expected to rise 10.7% year over year to $9.01 in fiscal 2027. Over the past 52 weeks, FISV has been a notable underperformer, with shares tumbling 71.6%. In comparison, the S&P 500 Index ($SPX) gained 20.9%, while the State Street Technology Select Sector SPDR Fund (XLK) advanced 50.5% during the same period. On June 17, Fiserv shares rose 2.9% after the company launched a cash tender offer to repurchase up to $2.75 billion of its senior notes, a move aimed at refinancing debt with lower-cost euro-denominated notes. Investor sentiment was further boosted by multiple insider stock purchases, helping restore confidence following the recent surprise resignation of the company's CEO. Analysts’ consensus opinion on FISV stock is cautious, with a “Hold” rating overall. Out of 34 analysts covering the stock, four advise a “Strong Buy” rating, two suggest a “Moderate Buy,” 25 give a “Hold,” and three recommend a “Strong Sell...

Truist Financial Corporation (NYSE:TFC) is one of the 10 Most Undervalued American Stocks to Invest In. On June 26, 2026, Truist Financial Corporation (NYSE:TFC) announced the release of the results of its annual company-run stress test. The test was conducted in accordance with Dodd-Frank Act regulations issued by the Board of Governors of the Federal Reserve System and the Federal Deposit Insurance Corporation. On June 15, Stephens resumed coverage of Truist Financial with an Overweight rating and $59 price target. Stephens resumed coverage of nine super-regional banks and said it is “broadly constructive” on the group’s setup, noting that operating leverage has improved over the past year. The firm said capital return for 2026 is forecast at levels not seen since 2019 and could accelerate depending on the Basel 3 Endgame proposals. Charts on the computer Also on June 15, Fiserv (FISV) announced that Takis Georgakopoulos was appointed CEO and joined the board of directors, effective immediately. Georgakopoulos succeeds Mike Lyons, who stepped down as Fiserv CEO and board member to return to banking and become CEO of Truist Financial. Fiserv said Georgakopoulos joined the company in late 2024 and brings more than two decades of payments, technology, financial services, AI, and cybersecurity experience. Truist Financial Corporation (NYSE:TFC) provides banking and trust services in the Southeastern and Mid-Atlantic United States. While we acknowledge the potential of TFC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.

MILWAUKEE, June 24, 2026 (GLOBE NEWSWIRE) -- Fiserv, Inc. (NASDAQ: FISV) (the “Company”), a leading global provider of payments and financial services technology solutions, today announced the expiration and results of its tender offers to purchase for cash (the “Offers”) any and all of its outstanding 5.150% Senior Notes due 2027 (the “2027 Notes”) and 4.400% Senior Notes due 2049 (the “2049 Notes” and, together with the 2027 Notes, the “Notes”). The Offers were made under the Offer to Purchase, dated June 16, 2026 (the “Offer to Purchase”). Capitalized terms used but not defined in this news release have the meanings given to them in the Offer to Purchase. The Offers expired at 5:00 p.m., New York City time, on June 23, 2026 (the “Expiration Date”). According to information provided by Global Bondholder Services Corporation, the Tender and Information Agent for the Offers, $1,330,795,000 aggregate principal amount of Notes were validly tendered by the Expiration Date and not validly withdrawn. This amount excludes $22,771,000 aggregate principal amount of Notes reflected in Notices of Guaranteed Delivery under the guaranteed delivery procedures specified in the Offer to Purchase (the “Guaranteed Delivery Procedures”) that were submitted by the Expiration Date, all of which remain subject to performance of the delivery requirements under the Guaranteed Delivery Procedures. The table below includes information about the aggregate principal amount of Notes referred to above broken out between 2027 Notes and 2049 Notes. The Consideration for each $1,000 principal amount of Notes accepted for purchase in the Offer is $1,005.65 for 2027 Notes and $797.61 for 2049 Notes. In addition to the Consideration, Holders whose Notes are accepted for purchase will receive a cash payment representing the accrued and unpaid interest (such interest as described below, the “Accrued Interest”) on such Notes from the last interest payment date up to, but not including, the Settlement Date (as defined below). Interest will cease to accrue on the Settlement Date for all Notes accepted for purchase, including those tendered pursuant to the Guaranteed Delivery Procedures. The Company intends to accept for purchase the principal amount of all Notes specified in the table above (including Notes reflected in Notices of Guaranteed Delivery that are validly tendered using the Guaranteed...

A month has gone by since the last earnings report for Fiserv (FISV). Shares have lost about 1.8% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Fiserv due for a breakout? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent catalysts for Fiserv, Inc. before we dive into how investors and analysts have reacted as of late. Fiserv has reported mixed first-quarter 2026 results, wherein earnings beat the Zacks Consensus Estimate, while revenues missed the same. FISV’s adjusted earnings of $1.79 per share beat the Zacks Consensus Estimate of $1.57 by 14% but declined 16.4% from the year-ago quarter. Revenue performance was softer. Adjusted revenues were $4.68 billion, missing the consensus mark of $4.76 billion by 1.7% and decreasing 8.9% year over year. Still, Fiserv pointed to stable underlying account and volume trends, with Clover's annualized gross payment volume (GPV) of $324 billion and 12% growth excluding the previously disclosed gateway conversion. Fiserv’s reported GAAP revenues were $5.03 billion, down 2% from the prior-year period. A key mechanical driver behind the gap between GAAP and adjusted revenues remained postage reimbursements, which reduced revenues by $352 million in the quarter. On an organic basis, revenues declined 4% year over year. Management noted that year-over-year revenue growth was impacted by prior-period comparables, while describing the broader operating environment as stable across both Merchant Solutions and Financial Solutions. Merchant Solutions revenues were essentially flat year over year at $2.37 billion. Within the segment, Small Business revenues rose 1% to $1.61 billion and Enterprise revenues increased 2% to $512 million, while Processing revenues declined 9% to $252 million. Clover remained a notable bright spot in activity metrics. The company reported annualized first-quarter Clover GPV of $324 billion, with overall GPV up 12%, excluding the gateway conversion (9% as reported). Value-added services (VAS) penetration was 27% and VAS revenues increased 18%. Management also cited 7% Small Business volume growth and 8% Enterprise transaction growth during the quarter, with April Clover volume trends consistent with first-quarter le...

Fiserv’s first quarter results were met with a significant negative market reaction, as investors focused on operational challenges despite revenue and non-GAAP earnings per share coming in above Wall Street’s expectations. Management attributed the margin compression to a combination of higher investment spending, ongoing business model transition, and the lingering effects of elevated nonrecurring revenue from prior periods. CEO Michael Lyons acknowledged the business is still working through above-trend attrition and prior client service issues, stating, “there is still significant work to do, but we are taking the right actions, with the right sense of urgency.” Is now the time to buy FISV? Find out in our full research report (it’s free). Revenue: $4.68 billion vs analyst estimates of $4.73 billion (2.4% year-on-year decline, 1.2% miss) Adjusted EPS: $1.79 vs analyst estimates of $1.58 (13.5% beat) Adjusted EBITDA: $1.90 billion vs analyst estimates of $1.82 billion (40.6% margin, 4.3% beat) Management reiterated its full-year Adjusted EPS guidance of $8.15 at the midpoint Operating Margin: 19.6%, down from 29.1% in the same quarter last year Organic Revenue fell 4% year on year Market Capitalization: $29 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Tien-Tsin Huang (JPMorgan): Asked about progress in reducing banking client attrition; CEO Michael Lyons said improvements are underway but acknowledged it will “take time and work” to return to historical levels. Andrew Schmidt (KeyBanc Capital Markets): Questioned back-book conversion of non-Clover merchants; CFO Paul Todd explained conversion rates remain modest and are dependent on product fit, with broader details to be shared at Investor Day. Dan Dolev (Mizhuo): Inquired about Fiserv’s AI initiatives versus competitors; Lyons highlighted new agentic commerce and AI-driven client service improvements, with pilot programs underway in both banking and merchant segments. Vasundhara Govil (KBW): Sought clarity on Clover Capital adoption and constraints; Todd confirmed hardware sales drove prior nonrecurring revenue, while noting the company remains under...

Fiserv, Inc. has reported first-quarter 2026 earnings showing revenue of US$5.03 billion versus US$5.13 billion a year earlier, with net income falling to US$571 million and diluted EPS from continuing operations declining to US$1.07 from US$1.51. These weaker earnings arrive just after early deployments of new small-business tools like CashFlow Central within the Experience Digital platform, highlighting a contrast between product progress and current financial performance. We’ll now examine how this softer first-quarter profitability, despite ongoing product rollouts, affects Fiserv’s existing investment narrative and expectations. Find 52 companies with promising cash flow potential yet trading below their fair value. To own Fiserv, you need to believe its broad payments and banking technology footprint can translate into durable earnings, even when quarters are bumpy. The softer Q1 2026 revenue and earnings do not appear to alter the near term focus on improving margins and product execution, but they do underline the key risk that ongoing investment and integration spending could keep pressure on profitability if performance does not stabilize. The Yakima Federal deployment of CashFlow Central inside the Experience Digital platform is particularly relevant here, because it shows Fiserv is still getting next generation tools into customers’ hands. This kind of real world adoption is important for the thesis that newer platforms like XD and CashFlow Central can offset margin pressure over time, even as the company works through weaker quarterly results. Yet behind the product progress, investors should be aware that margin pressure from acquisitions and heavier software and hardware investment could... Read the full narrative on Fiserv (it's free!) Fiserv's narrative projects $24.7 billion revenue and $5.9 billion earnings by 2028. Uncover how Fiserv's forecasts yield a $84.75 fair value, a 48% upside to its current price. Some of the most optimistic analysts expected Fiserv to reach about US$23.7 billion in revenue and US$4.3 billion in earnings by 2029, far above consensus, so you should weigh those upbeat views on faster digital and international growth against the recent earnings softness and consider how both stories might evolve from here. Explore 17 other fair value estimates on Fiserv - why the stock might be worth 13% less than the current price!...