Form 10-Q · Quarterly report
Fiserv 10-Q, filed Nov 4, 2026
- Filed
- CIK
- 0000798354
- Accession no.
- 0000798354-26-000042
Summary
Fiserv filed a quarterly 10-Q describing its One Fiserv restructuring plan, eight acquisitions completed in 2025 for aggregate consideration of $857 million, and 2026 sales of its student loan servicing business and a 51% interest in its MoneyPass network businesses. The filing also states that a goodwill impairment triggering event occurred in the third quarter.
Key points
- Fiserv acquired StoneCastle, TD Merchant Canada, Smith Consulting Group, CardFree, Money Money, Pinch Payments, CCV Group and Payfare in 2025 for aggregate consideration of $857 million, net of acquired cash.
- Fiserv completed the sale of its student loan servicing business in September 2026 for net consideration of $85 million, recognizing a $98 million pre-tax loss.
- Fiserv sold a 51% controlling interest in MoneyPass Network, ATM Managed Services and Cash Intelligence in August 2026 for $102 million net cash, retained a 49% interest, and recorded a $198 million pre-tax gain.
- Wells Fargo gave notice of non-renewal for the WFMS merchant alliance; the joint venture expired in April 2025 and Fiserv received a $453 million cash payment.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. MANAGEMENT’S DISCUSSION Overview Company Background We are a global leader uniting commerce and finance. At the intersection of banking and commerce, we power sustained growth and innovation at scale for financial institutions and businesses worldwide across payments, account processing, digital banking, merchant acquiring, network services, e-commerce, and Clover®, the all-in-one business management platform. Most of the products and services we provide are necessary for our clients to operate their businesses and are therefore non-discretionary in nature. …
An excerpt of the text as filed with the SEC, cut for length.
Readster writes AI-generated summaries of public filings for research purposes only. Summaries can be incomplete or wrong — check the original filing on SEC.gov before relying on it. Nothing here is investment, legal or medical advice.