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With a market cap of $13.3 billion, Jack Henry & Associates, Inc. (JKHY) is a financial technology company that connects people and financial institutions through technology solutions and payment processing services that reduce the barriers to financial health. Headquartered in Monett, Missouri, the company operates through four segments: Core; Payments; Complementary; and Corporate and Other.
Companies valued at $10 billion or more are generally described as “large-cap stocks,” and Jack Henry & Associates definitely fits this description. The company empowers approximately 7,500 clients and provides technology solutions that enable clients to innovate faster and strategically differentiate.