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Fiserv, Inc. provides payments and financial services technology solutions in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through the Merchant Solutions and Financial Solutions segments. The company provides merchant acquiring and digital commerce services, mobile payment services, security and fraud protection solutions, stored-value solutions, software-as-a-service, and pay-by-bank solutions, as well as Clover, a point-of-sale and business management platform through various channels, including direct sales teams, strategic partnerships with agent sales forces, independent software vendors, independent sales organizations, financial institutions, and other strategic partners. It also offers debit card processing services, debit network services, security and fraud protection products, bill payment; person-to-person payments, account-to-account transfers, credit card processing services, prepaid card processing services, card production services, print services, government payment processing, student loan processing, and customer loan and deposit account processing; digital banking; financial and risk management; and professional services and consulting, check processing, automated clearing house, and real-time payments. It serves large enterprise, small business, banks, credit union, large financial institution, fintech, public sectors, and software providers. Fiserv, Inc. was incorporated in 1984 and is headquartered in Milwaukee, Wisconsin.
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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.
Fiserv CDR (CAD Hedged) appears to be a Canadian depositary receipt providing Canadian-dollar, hedged exposure to Fiserv, the U.S. payments and financial-technology company that supplies payment processing, core banking and merchant services. Long-term growth may be supported by secular shifts toward digital payments, increased e-commerce and recurring software revenues, and the CDR structure could appeal to investors seeking local-market access with currency hedging.
Key risks include competitive and execution pressure within payments and software markets, regulatory and technology disruption, and potential residual currency or hedging mismatches affecting returns.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
| Income before tax | 4264.00M | 4506.00M | 3898.00M | 2913.00M |
| Minority interest | -10.00M | - | - | - |
| Net income | 3480.00M | 3131.00M | 3068.00M | 2530.00M |
| Selling general administrative | 6883.00M | 6564.00M | 6576.00M | 6045.00M |
| Gross profit | 12581.00M | 12443.00M | 11423.00M | 9745.00M |
| Reconciled depreciation | 3161.00M | - | - | - |
| Operating income | 5698.00M | 5732.00M | 5014.00M | 3740.00M |
| Interest expense | 1531.00M | - | - | - |
| Tax provision | 811.00M | 641.00M | 754.00M | 551.00M |
| Interest income | 38.00M | 1264.00M | 1090.00M | 795.00M |
| Net interest income | -1493.00M | - | - | - |
| Total revenue | 21193.00M | 20456.00M | 19093.00M | 17737.00M |
| Total operating expenses | 15495.00M | 14724.00M | 14079.00M | 13997.00M |
| Cost of revenue | 8612.00M | 8013.00M | 7670.00M | 7992.00M |
| Total other income expense net | 59.00M | - | - | - |
| Net income from continuing ops | 3490.00M | - | - | - |
| Net income applicable to common shares | - | 3131.00M | 3068.00M | 2530.00M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 80133.00M | 77176.00M | 90890.00M | 83869.00M | 76249.00M |
| Intangible assets | 10161.00M | 9940.00M | 11210.00M | 12415.00M | 14009.00M |
| Other current assets | 17337.00M | 13673.00M | 25925.00M | 21482.00M | 15175.00M |
| Total liab | 54324.00M | 50108.00M | 61033.00M | 53041.00M | 44299.00M |
| Total stockholder equity | 25792.00M | 27068.00M | 29857.00M | 30828.00M | 30952.00M |
| Other current liab | 16479.00M | - | - | - | 13652.00M |
| Common stock | - | 8.00M | 8.00M | 8.00M | - |
| Capital stock | 8.00M | - | - | - | 8.00M |
| Retained earnings | 27055.00M | 23575.00M | 20444.00M | 17376.00M | 14846.00M |
| Good will | 37703.00M | 36584.00M | 37205.00M | 36811.00M | 36433.00M |
| Other assets | - | 622.00M | 735.00M | 1112.00M | - |
| Cash | 798.00M | - | - | - | 835.00M |
| Cash and equivalents | - | 2992.00M | 2960.00M | 902.00M | - |
| Total current liabilities | 23890.00M | 22157.00M | 33552.00M | 26458.00M | 18295.00M |
| Net debt | 26087.00M | - | - | - | 19606.00M |
| Short term debt | - | 0.00M | 442.00M | 198.00M | - |
| Short long term debt | 762.00M | - | - | - | 240.00M |
| Other stockholder equity | - | -1413.00M | -783.00M | -1189.00M | - |
| Property plant equipment | - | 2969.00M | 2789.00M | 2544.00M | - |
| Total current assets | 24654.00M | 23477.00M | 34811.00M | 27544.00M | 18870.00M |
| Long term investments | 1046.00M | - | - | - | 2561.00M |
| Net receivables | 3981.00M | 3725.00M | 3582.00M | 3585.00M | 2860.00M |
| Long term debt | 26123.00M | 23313.00M | 21933.00M | 20584.00M | 20201.00M |
| Accounts payable | 797.00M | - | - | - | 593.00M |
| Non currrent assets other | 2446.00M | - | - | - | 1823.00M |
| Non current assets total | 55479.00M | - | - | - | 57379.00M |
| Capital lease obligations | 2238.00M | - | - | - | 796.00M |
| Long term debt total | - | 23730.00M | 22363.00M | 20950.00M | - |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | 675.00M | - | - | - | 263.00M |
| Total cashflows from investing activities | - | -2404.00M | -1068.00M | -2112.00M | - |
| Net borrowings | 2179.00M | - | - | - | 295.00M |
| Total cash from financing activities | -3832.00M | -4165.00M | -4356.00M | -2478.00M | -1741.00M |
| Net income | 3480.00M | 3180.00M | 3129.00M | 2582.00M | 1334.00M |
| Change in cash | -191.00M | 30.00M | -229.00M | -13.00M | 636.00M |
| Begin period cash flow | 2993.00M | - | - | - | 2569.00M |
| End period cash flow | 2802.00M | - | - | - | 3205.00M |
| Total cash from operating activities | 6062.00M | 6631.00M | 5162.00M | 4618.00M | 4034.00M |
| Issuance of capital stock | 62.00M | - | - | - | 140.00M |
| Depreciation | 3161.00M | 1672.00M | 1479.00M | 1320.00M | 3196.00M |
| Other cashflows from investing activities | - | -835.00M | 320.00M | -633.00M | - |
| Change to account receivables | -123.00M | - | - | - | -358.00M |
| Sale purchase of stock | -5899.00M | -5740.00M | -4726.00M | -2528.00M | -2786.00M |
| Other cashflows from financing activities | - | -90.00M | -726.00M | -86.00M | - |
| Capital expenditures | 1763.00M | 1569.00M | 1388.00M | 1479.00M | 1160.00M |
| Change in working capital | -9.00M | -299.00M | -857.00M | -671.00M | -495.00M |
| Stock based compensation | 357.00M | - | - | - | 239.00M |
| Other non cash items | 33.00M | - | - | - | 4.00M |
| Free cash flow | 4299.00M | - | - | - | 2874.00M |
Sector: Technology Industry: Information Technology Services
|
Stock Name
|
Change
(CAD) |
Price
(CAD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| GIB-A CGI Inc |
1.92 1.69% |
115.55 | 21.15 | 18.59 | 2.36 | 4.05 | 2.50 | 12.72 |
| KEEL Keel Infrastructure Corp. |
-0.13 4.23% |
2.94 | - | 84.03 | 10.28 | 3.05 | 7.98 | 22.52 |
| ALYA Alithya Group inc Class A |
-0.01 0.87% |
1.14 | - | 11.83 | 0.28 | 0.91 | 0.51 | 30.02 |
Fiserv, Inc. provides payments and financial services technology solutions in the United States, Europe, the Middle East and Africa, Latin America, the Asia-Pacific, and internationally. It operates through the Merchant Solutions and Financial Solutions segments. The company provides merchant acquiring and digital commerce services, mobile payment services, security and fraud protection solutions, stored-value solutions, software-as-a-service, and pay-by-bank solutions, as well as Clover, a point-of-sale and business management platform through various channels, including direct sales teams, strategic partnerships with agent sales forces, independent software vendors, independent sales organizations, financial institutions, and other strategic partners. It also offers debit card processing services, debit network services, security and fraud protection products, bill payment; person-to-person payments, account-to-account transfers, credit card processing services, prepaid card processing services, card production services, print services, government payment processing, student loan processing, and customer loan and deposit account processing; digital banking; financial and risk management; and professional services and consulting, check processing, automated clearing house, and real-time payments. It serves large enterprise, small business, banks, credit union, large financial institution, fintech, public sectors, and software providers. Fiserv, Inc. was incorporated in 1984 and is headquartered in Milwaukee, Wisconsin.
600 N. Vel R. Phillips Avenue, Milwaukee, WI, United States, 53203
262 879 5000
38000
| Name | Title | Year Born |
|---|---|---|
| Mr. Adam L. Rosman | Chief Administrative Officer & Chief Legal Officer | 1966 |
| Mr. John Gibbons | Senior Advisor | 1960 |
| Mr. Michael Patrick Lyons | CEO & Director | 1971 |
| Mr. Takis T. Georgakopoulos | Co-President and COO of Technology & Merchant Solutions | 1970 |
| Ms. Dhivya Suryadevara CFA | Co-President and Head of Financial Solutions, Sales & Operations | 1982 |
| Mr. Paul Michael Todd | Chief Financial Officer | 1971 |
| Mr. Kenneth F. Best | Chief Accounting Officer | 1971 |
| Mr. Pete Cavicchia | Chief Technology Officer | NA |
| Mr. Chris Augustin | Chief Information Officer | NA |
| Mr. Walter Herbert Pritchard III, C.F.A. | Senior VP & Head of Investor Relations | NA |
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