Strong Revenue and Earnings Growth
Fiserv reported an 8% adjusted and organic revenue growth and a strong 16% adjusted EPS growth for the second quarter of 2025. The adjusted operating margin expanded by 120 basis points to 39.6%.
Significant Shareholder Returns
The company returned $2.2 billion to shareholders by repurchasing 12.2 million shares, which is a 26% increase compared to the first quarter. The share repurchase guidance for 2025 has been increased to approximately 130% of free cash flow.
Clover Revenue Growth
Clover revenue grew by 30% in Q2, with volume growth coming in at 8% reported and 11% excluding the gateway conversion. VAS penetration reached 24%, up from 20% a year ago.
Strategic Partnerships and Acquisitions
New partnerships and acquisitions were announced, including the agreement with TD Bank Canada and the acquisition of a portion of TD Bank’s existing merchant processing business.