How does Jack Henry make money? (2024)

How does Jack Henry make money?

The company offers transaction processing, business process automation, and information management solutions and services. They assist regional banks and credit unions to control risk, make regulatory filings and add or improve their online banking services.

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What does Jack Henry do for banks?

Jack Henry can help you manage enterprise risk, comply with regulatory directives, combat sophisticated threats, secure data and mission-critical systems, reduce credit and interest rate risk, and more.

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What is Jack Henry yearly revenue?

Jack Henry & Associates revenue for the twelve months ending December 31, 2023 was $2.160B, a 8.26% increase year-over-year. Jack Henry & Associates annual revenue for 2023 was $2.078B, a 6.94% increase from 2022. Jack Henry & Associates annual revenue for 2022 was $1.943B, a 10.5% increase from 2021.

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What is Jack Henry's net worth?

Jack Henry & Associates has a market cap or net worth of $12.07 billion as of April 19, 2024. Its market cap has increased by 4.43% in one year.

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What type of business is Jack Henry?

Jack Henry & Associates Inc (JHA) is a provider of technology solutions and payment processing services. The company offers transaction processing, business process automation, and information management solutions and services.

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Who are Jack Henry competitors?

Jack Henry & Associates Inc: Competitors
  • Fiserv Inc Headquarters. 42,000. $19.1B.
  • Fidelity National Information Services Inc Headquarters. 60,000. $9.8B.
  • Global Payments Inc Headquarters. 27,000. $9.7B.
  • Broadridge Financial Solutions Inc Headquarters. 14,700. $6.1B.

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How does Jack Henry work?

Jack Henry & Associates, Inc. (JHA) is a provider of financial technology solutions and payment processing services, mostly to community banks and credit unions. The company offers transaction processing, business process automation, and information management solutions and services.

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How many people work for Jack Henry?

Jack Henry & Associates total number of employees in 2022 was 6,847, a 1.98% increase from 2021.

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Is Jack Henry a public company?

1985. An IPO makes Jack Henry a public company trading 3,125,000 common shares on the NASDAQ exchange under the symbol JKHY.

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How long has Jack Henry been in business?

Jack Henry & Associates (commonly referred to as JHA) was formed in 1976 by Jack Henry and Jerry Hall in Monett, Missouri. In 1977, Jack Henry & Associates was incorporated and generated $115,222 in revenue.

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What are Jack Henry payments?

Jack Henry is an industry-leading, resource-rich payments technology provider and strategist dedicated to simplifying payments.

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How many clients does Jack Henry have?

About Jack Henry & Associates, Inc.

Its technology solutions serve almost 11,300 customers nationwide, and are marketed and supported through three primary brands. Jack Henry Banking® supports banks ranging from community banks to multi-billion dollar institutions with information processing solutions.

How does Jack Henry make money? (2024)
Which banks use Jack Henry?

Companies that use Jack Henry and Associates
Company NameWebsiteContact Info
Bangor Savings Bankwww.bangor.com(207) 942-4818
Bank Of The Panhandlewww.mybopbank.com(580) 338-2593
Brady National Bankwww.bradynationalbank.com(325) 597-2104
Camden National Bankwww.camdennational.com(800) 860-8821
1 more row

Does Jack Henry own Zelle?

Jack Henry has consistently been on the leading-edge of faster payments, developing JHA PayCenter™, its proprietary faster payments hub, to connect financial institutions to the Zelle Network®, which is owned and operated by Early Warning Services, LLC ; the RTP® network, owned and operated by The Clearing House (TCH); ...

What is Jack Henry's motto?

We pride ourselves on our motto of “Do the right thing, do whatever it takes, and have fun.” We have a culture of commitment – to our people, customers, community, environment, and shareholders.

Who makes Jack Henry products?

additionally, we are one of the few cosmetic brands that manufacture and produce our products in-house by jack henry employees instead of outsourcing to contract manufacturers .

Who are the founders of Jack Henry?

The History of Jack Henry

Our journey as a company officially began on June 2, 1976. The plan for the business was carefully conceived on the back of a napkin, written by our founders, Jack Henry and Jerry Hall.

Is Jack Henry a SaaS company?

Jack Henry (NASDAQ:JKHY) is a leading SaaS provider of technology solutions primarily for the financial services industry.

What is Jack Henry SilverLake?

SilverLake System is a competitively distinct, extremely powerful banking platform that provides highly customizable, enterprise-wide automation designed for growth- and commercial-focused banks ranging from community banks to multi-billion, mid-tier institutions.

Why does my debit card say Jack Henry and Associates?

Jack Henry & Assoc. is who your bank uses for their internal interface. So the programs they use to handle your accounts within the bank. If you have a MasterCard issued through your bank that's why it shows that way.

What is Jack Henry experience?

Xperience is a modern user interface that provides a consistent look and feel across all Jack Henry's products.

Who owns Jack Henry & Associates?

How many employees does Jack Henry and Associates have?

What does ProfitStars do?

ProfitStars is a payment gateway processor that offers: Remote Deposit Capture functionality. Real-time reporting capabilities. One-time and repeating ACH gifts.

What is Symitar Episys?

Episys core platform from Symitar is a data processing system, its Credit Card module provides host access to account balance information and transact... Read more. Banking.

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