BROOKFIELD, Wis. – Fiserv’s stock (FISV on the NASDAQ) hit a 52-week high of over $42 last week after it announced record first quarter earnings. Fiserv, with seven credit union data processing subsidiaries, had revenues of $882.3 million in the first quarter, up 9% over 2004. More importantly for the company may be its internal growth. Analysts have been critical of the company for not having enough internal growth, which is not too surprising for a company that has really been built on acquisitions, doing over a 100 in its history. But Fiserv’s financials show it had 5% internal revenue growth in its financial segment in the first quarter. Fiserv cited two major events in the first quarter – a $345 million deal to sell its securities processing business and a 12-year agreement for check processing with three Australian banks.

Complete your profile to continue reading and get FREE access to, part of your ALM digital membership.

Your access to unlimited content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including and

Already have an account?


© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join Credit Union Times

Copyright © 2023 ALM Global, LLC. All Rights Reserved.