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Payments processor FIS beats profit estimates on boost from banking solutions unit
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Payments processor FIS beats profit estimates on boost from banking solutions unit
Nov 5, 2025 5:19 AM

Nov 5 (Reuters) - Banking and payments processing firm

Fidelity National Information Services ( FIS ) beat Wall Street

estimates for third-quarter profit on Wednesday, helped by

strong demand in its banking solutions unit.

U.S. consumer spending remains resilient, even as worries

grow over the Trump administration's trade policies, signs of

labor market strain and persistent inflation.

The stronger spending volumes have benefited payments tech

providers that charge merchants and banks a fee for processing

transactions.

The Jacksonville, Florida-based company reported a 6% rise

in revenue from its banking solutions unit to $1.89 billion in

the reported quarter, while revenue in its capital markets

segment grew 7% to $783 million.

On an adjusted basis, FIS posted net income of $789 million,

or $1.51 per share, for the three months ended September 30, up

from $765 million, or $1.40 per share, a year ago.

Analysts had expected a profit of $1.49 per share, according

to data compiled by LSEG.

Its revenue rose 5.7% to $2.72 billion.

The company expects 2025 adjusted earnings per share in

the range of $5.74 to $5.78, compared with analysts' estimates

of $5.75, according to data compiled by LSEG.

Shares of the company rose about 0.6% in premarket trading.

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