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Fidelity National Information Services, Inc. (FIS), headquartered in Jacksonville, Florida, provides financial services technology solutions for financial institutions, businesses, and developers. Valued at $42.5 billion by market cap, FIS is a leading global provider of financial services technology solutions and provides credit and debit card processing, electronic banking services, check risk management, check cashing, and merchant card processing services to financial institutions and merchants.
Shares of this leading fintech company have outperformed the broader market considerably over the past year. FIS has gained 32.6% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 18.2%. In 2024, FIS stock is up 27.2%, surpassing the SPX’s 11.5% rise on a YTD basis.