Strong Revenue and Earnings Growth
FIS delivered strong third quarter results with adjusted revenue growth of 6.3%, adjusted EBITDA margins of 41.8%, and adjusted EPS of $1.51, up 8% year-over-year.
Increased Share Repurchase
The company increased its share repurchase target to $1.3 billion for the year, demonstrating strong cash flow conversion of 142%.
Bank and Capital Markets Growth
Strong performance in Banking and Capital Markets segments with Banking revenue growth of 6.2% and Capital Markets adjusted revenue growth of 6.4%.
Strategic Investments and Acquisition
The acquisition of the credit Issuer Solutions business is expected to close in Q1 2026, adding almost 1 billion additional accounts to FIS's platform.
Positive Market Conditions
Favorable conditions in bank technology spending and consumer spending patterns, with debit and credit card spending remaining resilient.