Fidelity National Information Services (FIS™) is a multinational provider of banking and payments technologies.
It is based in Jacksonville, Florida, and publicly listed on the New York Stock Exchange (NYSE) under the stock ticker symbol ‘FIS’.
The company’s main focuses include payment processing and banking solutions, services, software and outsourcing of the technology.
FIS serves more than 14,000 institutions in over 110 countries, with a team of 39,000 people worldwide.
Its primary products are: Core Banking, Biller Direct (an online bill presentment and payment solutions), Document Output Output Solutions, CSF Designer, and CSF Designer Intuition.
Through its Capco brand, FIS offers information technology consulting and transformational services to financial institutions.
Fidelity National Information Services was created when Februael Information Services sold off its banking applications and data processing services to Fidelity.
The company tops the annual FinTech 100 list, is 434 on the Fortune 500 and is a member of Standard & Poor’s 500® Index.
Its mission is “to deliver superior solutions and services to our customers, which will result in sustained revenue and earnings growth for our shareholders.”
- Chairman and CEO: Frank R. Martire
- President and COO: Gary A. Norcross
- Type: Public
- Industry: Financial Services
- Publicly listed on the New York Stock Exchange (NYSE)
- NYSE stock ticker symbol: FIS
- S&P 500 Component
- Revenue: $6.070 billion USD (2013)
- Net income: $517 million USD (2013)
- Diluted earnings per share: $1.68 USD (2013)
- Founded: 2006
- Employees: 38,000 (2013)
- Corporate headquarters: 601 Riverside Avenue
- Jacksonville, Florida, USA
- Corporate contact number: (904) 438-6000
- Website: http://www.fisglobal.com/
|Operating data (in $ millions)||2013||2012|
|Processing and services revenues||$6,070.7||$5,807.6|
|Cost of revenues||$4,085.6||$3,946.9|
|Total other income (expense)||$(239.4)||$(248.0)|
|Earnings from continuing operations before income taxes||$825.0||$831.2|
|Provision for income taxes||$309.2||$270.9|
|Earnings from continuing operations, net of tax||$515.8||$560.3|
|Earnings (loss) from discontinued operations, net of tax||$1.9||$(79.2)|
|Net earnings attributable to FIS common stockholders||$493.1||$461.2|
|Balance sheet data (in $ millions)|
|Cash flow data (in $ millions)|
|Net cash provided by operating activities||$1,060.3||$1,046.7|
|Net cash used in investing activities||$(464.7)||$(23.2)|
|Net cash used in financing activities||$(546.0)||$(920.8)|
|Cash and cash equivalents at end of period||$547.5||$517.6|
|Common share data (in $)|
|Basic earnings (loss) per common share||$1.70||$1.58|
|Diluted earnings (loss) per common share||$1.68||$1.55|