Every material Form 8-K Fiserv filed with the SEC in 2025, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Fiserv appointed Paul M. Todd as Chief Financial Officer effective October 31, 2025, succeeding Robert W. Hau, who will become Special Advisor. The company also said its common stock and senior notes will move from the NYSE to Nasdaq on or about November 11, 2025, and that two directors, Doyle R. Simons and Kevin M. Warren, will retire from the board effective January 1, 2026.
Paul M. Todd becomes CFO effective October 31, 2025; his offer letter sets a $750,000 annual base salary and a $750,000 cash incentive target.
Dhivya Suryadevara and Takis Georgakopoulos were named Co-Presidents effective December 1, 2025; Suryadevara receives a $2,100,000 cash sign-on payment.
Common stock and notes are expected to stop trading on the NYSE at market close on or about November 10, 2025, and begin trading on Nasdaq as FISV on or about November 11, 2025.
Directors Doyle R. Simons and Kevin M. Warren will retire from the board effective January 1, 2026.
Fiserv reported third-quarter 2025 results, with GAAP revenue up 1% to $5.26 billion and adjusted EPS down 11% to $2.04, while GAAP EPS rose 49% to $1.46 against a prior-year quarter that included a $570 million non-cash impairment charge. The company set 2025 guidance of 3.5% to 4% organic revenue growth and adjusted EPS of $8.50 to $8.60, and CEO Mike Lyons described the outlook as a guidance reset tied to a new One Fiserv action plan. Shareholders also face a leadership change, with Paul Todd named CFO effective October 31, 2025.
Q3 2025 GAAP revenue rose 1% to $5.26 billion; adjusted EPS fell 11% to $2.04 from $2.30
Q3 GAAP EPS was $1.46 versus $0.98; prior-year quarter included a $570 million non-cash impairment charge
2025 outlook: organic revenue growth of 3.5% to 4% and adjusted EPS of $8.50 to $8.60
Paul Todd appointed CFO effective October 31, 2025, succeeding Bob Hau; Takis Georgakopoulos and Dhivya Suryadevara named Co-Presidents effective December 1, 2025
Fiserv said that on August 25, 2025, John Gibbons ceased serving as Co-Head of its Financial Institutions Group and will become a Senior Advisor through February 28, 2026. Andrew Gelb, previously Co-Head alongside Gibbons, will now lead the group alone. The filing describes a routine internal leadership reshuffle and includes no financial results or guidance.
John Gibbons stopped serving as Co-Head of the Financial Institutions Group effective August 25, 2025.
Gibbons is expected to serve as Senior Advisor until February 28, 2026.
Andrew Gelb takes over as Head of the Financial Institutions Group.
Fiserv entered a new $8.0 billion senior unsecured revolving credit agreement on August 12, 2025, with JPMorgan Chase Bank as administrative agent, and terminated its prior $6.0 billion credit agreement at the same time. The facility matures on August 12, 2030, and no amount was drawn as of that date, so the change increases available credit capacity without current borrowing.
New revolving credit facility totals $8.0 billion, with $0 drawn as of August 12, 2025
Facility matures August 12, 2030; prior $6.0 billion facility would have matured June 16, 2027
Borrowings carry variable rates tied to Term SOFR or base rate plus a margin based on Fiserv's long-term debt rating
Covenant limits consolidated indebtedness to no more than 3.75 times EBITDA at each fiscal quarter end
On August 11, 2025, Fiserv completed the issuance of $2 billion in senior notes, split evenly between $1 billion of 4.550% notes due 2031 and $1 billion of 5.250% notes due 2035. The filing adds fixed-rate debt to Fiserv's obligations, and the notes carry a change-of-control repurchase offer at 101% of principal plus accrued interest.
Fiserv agreed on August 4, 2025 to sell $2 billion of senior notes in a public offering, split between $1 billion of 4.550% notes due 2031 and $1 billion of 5.250% notes due 2035. The offering is expected to close on August 11, 2025, subject to customary closing conditions. The filing describes new debt issued to investors, which adds to Fiserv's borrowing obligations.
Underwriting Agreement dated August 4, 2025 with BofA Securities, PNC Capital Markets, Truist Securities and U.S. Bancorp Investments as representatives
$1 billion of 4.550% Senior Notes due 2031 and $1 billion of 5.250% Senior Notes due 2035
Fiserv reported second-quarter 2025 results, with GAAP revenue up 8% to $5.52 billion and GAAP earnings per share up 22% to $1.86. The company refined its 2025 adjusted earnings per share outlook to $10.15 to $10.30, growth of 15% to 17%, and its organic revenue growth outlook to approximately 10%. The filing does not state the prior outlook, so the direction of the guidance change cannot be determined from this document.
Q2 2025 GAAP revenue rose 8% to $5.52 billion; GAAP EPS was $1.86 versus $1.53 a year earlier
Adjusted EPS rose 16% to $2.47 in Q2 2025 versus $2.13 in Q2 2024
2025 adjusted EPS outlook refined to $10.15 to $10.30; organic revenue growth outlook refined to approximately 10%
In Q2 2025 the company repurchased 12.2 million shares of common stock for $2.2 billion
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Fiserv filing is on SEC EDGAR ↗. 8-K briefs of other companies →