With a market cap of $10.4 billion, Jack Henry & Associates, Inc. (JKHY) is a financial technology company that connects people and financial institutions through technology solutions and payment processing services. It operates through four segments: Core, Payments, Complementary, and Corporate and Other, offering platforms and services ranging from core banking systems and digital/mobile banking to payment processing, risk management, and hardware solutions.
Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and Jack Henry & Associates fits this criterion perfectly. The company provides a range of products including SilverLake, Symitar, CIF 20/20, Core Director, and the Banno Digital Platform.