Name Begin: 14:20 January 1, 0000 2:50 PM ET
Fiserv, Inc. (NYSE:FI)
William Blair forty fifth Annual Progress Inventory Convention
June 04, 2025 02:20 PM ET
Firm Individuals
Robert W. Hau – Chief Monetary Officer
Convention Name Individuals
Andrew William Jeffrey – William Blair & Firm L.L.C., Analysis Division
Andrew William Jeffrey
I believe we’re able to go. Good afternoon, everyone. Thanks for becoming a member of us. My identify is Andrew Jeffrey. I am fintech analyst masking Fiserv, together with Chris Kennedy, who’s proper there. Respect you becoming a member of us this afternoon.
I’ve to learn a fast disclosure. Sorry about that. So I am required to tell you {that a} full record of analysis disclosures or potential conflicts could be discovered on our web site, williamblair.com.
So with that, joyful to introduce Bob Hau, Fiserv’s CFO. And I perceive that this can be a generalist group, and in order a consequence, I believe I will ask Bob some questions that sort of — overview questions that assist the viewers perceive what Fiserv does, what its aggressive benefits are, maybe a number of the more moderen debates and discussions across the shares, and delve into a number of the monetary traits and perhaps the aggressive nature of your online business.
So I am going to simply say as an summary, that is — we charge the inventory outperform. We prefer it very a lot on the current pullback, which I believe we perceive round considerations concerning the development within the firm’s software program built-in Clover quantity, which decelerated about — a bit within the first quarter. We expect that is an interim disruption and suppose that this firm stays the most effective positioned long-term development names inside fintech at what’s now a really enticing valuation.
I believe it is, through the years, a particularly well-run enterprise. And I believe you’ve got a brand new CEO who could be very
