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Jack Henry Expands Revolving Credit Facility to $1 Billion

Story Highlights
  • On March 25, 2026, Jack Henry replaced its $600 million revolver with a new five-year, $1.0 billion unsecured revolving credit facility.
  • The enlarged credit line boosts Jack Henry’s financial flexibility for debt refinancing, capex, share repurchases, and growth, under covenants tied to leverage and coverage ratios.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jack Henry Expands Revolving Credit Facility to $1 Billion

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Jack Henry & Associates ( (JKHY) ) has shared an update.

On March 25, 2026, Jack Henry & Associates entered into a new five-year, $1.0 billion unsecured revolving credit facility, replacing its prior $600 million revolver that was scheduled to mature in 2027. Roughly $80 million outstanding under the old agreement was refinanced into the new facility at closing, with no early termination penalties incurred.

The expanded facility can be used to refinance existing debt, fund capital expenditures, repurchase equity, and support general corporate purposes, giving the company greater financial flexibility and firepower for growth initiatives. The agreement includes variable-rate pricing tied to Term SOFR or an alternate base rate, customary covenants and events of default, leverage and interest coverage tests, as well as the option to increase commitments, and is guaranteed by the company’s material domestic subsidiaries, underscoring a robust but disciplined capital structure.

The most recent analyst rating on (JKHY) stock is a Buy with a $196.00 price target. To see the full list of analyst forecasts on Jack Henry & Associates stock, see the JKHY Stock Forecast page.

Spark’s Take on JKHY Stock

According to Spark, TipRanks’ AI Analyst, JKHY is a Outperform.

The score is driven primarily by strong financial quality (high margins, strong free cash flow, and very low leverage) and a generally positive earnings-call outlook with raised guidance. These strengths are tempered by weaker near-term technical momentum and a valuation that looks somewhat premium versus the most recent top-line growth rate.

To see Spark’s full report on JKHY stock, click here.

More about Jack Henry & Associates

Jack Henry & Associates, Inc. is a financial technology company that provides core processing, digital banking, and payment solutions to banks and credit unions in the U.S. financial services sector. The company focuses on offering software and services that support transaction processing, lending, payments, and related back-office functions for regional and community financial institutions.

Average Trading Volume: 970,467

Technical Sentiment Signal: Sell

Current Market Cap: $11.36B

See more data about JKHY stock on TipRanks’ Stock Analysis page.

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