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Dec 31, 2024
FIS Q4 2024 Earnings Report
Key Takeaways
Fidelity National Information Services (FIS) reported a 3% year-over-year increase in Q4 revenue to $2.6 billion. Adjusted EPS rose by 49% to $1.40, and adjusted net earnings grew 36% to $754 million. Banking Solutions revenue grew 1%, while Capital Market Solutions revenue saw a 9% increase. The company repurchased $1.0 billion in shares during the quarter.
FIS
FIS
FIS Revenue by Segment
FIS Revenue by Geographic Location
Revenue by Segment
Banking Solutions Revenue
CapyFin.comCapital Market Solutions Revenue
CapyFin.comCorporate and Other Revenue
CapyFin.comRevenue by Geographic Location
North America Revenue
CapyFin.com Forward Guidance
FIS expects continued revenue growth in 2025, forecasting a 4.6% to 5.2% revenue increase, an expanded adjusted EBITDA margin, and adjusted EPS growth of 9% to 11%.
Positive Outlook
- Projected revenue growth of 4.6% to 5.2% in 2025.
- Adjusted EBITDA margin expected to expand by 40 to 45 basis points.
- Adjusted EPS forecasted to increase by 9% to 11%.
- Commitment to $1.2 billion in share repurchases in 2025.
- Increased quarterly dividend by 11% to $0.40 per share.
Challenges Ahead
- Banking Solutions segment impacted by reversal of a previously recognized termination fee.
- Corporate and Other segment revenue declined by 3%.
- Potential macroeconomic headwinds affecting financial services industry.
- Ongoing transition costs related to the Worldpay separation.
- Higher operating expenses in some segments due to business investments.
Revenue & Expenses
Visualization of income flow from segment revenue to net income