Jack Henry & Associates

Last updated
Jack Henry
Company type Public
Founded1976;49 years ago (1976), in Monett, Missouri
Headquarters Monett, Missouri, U.S.
Key people
Jack Henry & Jerry Hall
(Supervisory board & CEO)
Mimi Carsley
(CFO)
Jack Henry
vice-president & CEO(CEO & Founder
RevenueIncrease2.svg US$1.94 billion
(JUN 30 2022)
Increase2.svg US$474 million
(JUN 30 2022)
Decrease2.svg US$362 million
(JUN 30 2022)
Total assets Increase2.svg US$2.57 billion
(DEC 2022)
Total equity Increase2.svg US$1.38 billion
(JUN 30 2022)
Number of employees
~7,300 (2025)
Website jackhenry.com
Footnotes /references
[1]

Jack Henry and Associates, also known as Jack Henry is an American company founded in 1976 and devoted to financial technology and payment processing services, mostly for community banks and credit unions. [2] They assist regional banks and credit unions to control risk, make regulatory filings and add or improve their online banking services. [3] Jack Henry stock trades on the NASDAQ exchange under the symbol JKHY, and is also part of the S&P 400 for mid-size American companies.

Contents

History

Jack Henry was formed in 1976 by Jack Henry and Jerry Hall in Monett, Missouri. The company was incorporated in 1977. [4]

On November 20, 1985, an initial public offering made Jack Henry a public company on the NASDAQ exchange under the symbol JKHY. In its first year of incorporation, the company generated $115,222 in revenue. In 2012, Jack Henry announced $1 billion in annual revenue. [5]

As of 2021, the company had more than 6,800 employees in more than 20 states and was recognized by Forbes as one of America’s "Best Large Employers" for the fourth time. [6]

Finance

The key financial trends for Jack Henry & Associates, Inc. are as follows, based on fiscal years ending December 31: [7]

YearRevenue
(USD million)
Gross Profit
(USD million)
Net Income
(USD million)
199438.417.96.3
2000225.3113.634.0
2006592.2256.489.9
2010836.6345.1117.8
20141210518.6201.1
20181540662.9376.6
20201700688.6296.6
20242220916.1381.8

In February 2025, the company reported a 6.4% rise in second-quarter net income (to $97.8 million, or $1.34 per share) as services and support revenue increased 3.5% and processing revenue climbed 7.3%. [8]

References

  1. "SEC: Jack Henry & Associates, Inc. Reports Full-Year Fiscal 2022 Results" (PDF).
  2. "Jack Henry and Associates Inc: Overview". www.globaldata.com. Retrieved 2023-12-09.
  3. "Meet Jack Henry: The Genius Behind Smart Banks". www.forbes.com. Retrieved 2023-12-09.
  4. "History". www.jackhenry.com. Retrieved 2018-07-09.
  5. "Jack Henry & Associates - NASDAQOMX".
  6. "Jack Henry and Associates recognized by Forbes as one of America's Best Large Employers for the fourth time". www.cuinsight.com. March 2021. Retrieved 2023-12-09.
  7. "Jack Henry & Associates Financial Overview". Smartfin. Retrieved 4 August 2025.
  8. "Fintech firm Jack Henry's quarterly profit rises over 6%". Reuters. 4 February 2025. Retrieved 4 August 2025.