Discontinued — last reported Q3 '24
Banking Solutions — Total Costs & Expenses
Fidelity National Information Services Banking Solutions — Total Costs & Expenses increased by 2.5% to $1.13B in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 3.2%, from $1.10B to $1.13B. Over 2 years (FY 2021 to FY 2023), Banking Solutions — Total Costs & Expenses shows relatively stable performance with a 4.1% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase relative to revenue suggests margin compression, while a decrease relative to revenue suggests improved operating leverage.
Detailed definition
The aggregate of all operating costs incurred by the banking solutions segment to generate revenue, including personnel,...
Peer comparison
Equivalent to 'Total Operating Expenses' for a business segment in standard financial reporting.
fis_segment_banking_solutions_costs_and_expensesHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.01B | $1.01B | $1.01B | $1.10B | $1.08B | $1.11B | $1.04B | $1.13B | $1.10B | $1.10B | $1.06B | $1.10B | $1.11B | $1.13B |
| QoQ Change | — | +0.2% | -0.2% | +9.3% | -2.1% | +3.0% | -6.5% | +8.5% | -2.9% | +0.3% | -3.2% | +3.2% | +0.7% | +2.5% |
| YoY Change | — | — | — | — | +7.0% | +10.0% | +3.1% | +2.3% | +1.4% | -1.3% | +2.2% | -2.7% | +0.9% | +3.2% |
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Frequently Asked Questions
- What is Fidelity National Information Services's banking solutions — total costs & expenses?
- Fidelity National Information Services (FIS) reported banking solutions — total costs & expenses of $1.13B in Q3 2024.
- How has Fidelity National Information Services's banking solutions — total costs & expenses changed year-over-year?
- Fidelity National Information Services's banking solutions — total costs & expenses increased by 3.2% year-over-year, from $1.10B to $1.13B.
- What is the long-term trend for Fidelity National Information Services's banking solutions — total costs & expenses?
- Over 2 years (2021 to 2023), Fidelity National Information Services's banking solutions — total costs & expenses has grown at a 4.1% compound annual growth rate (CAGR), from $4.05B to $4.39B.
- What does banking solutions — total costs & expenses mean?
- The total operating costs required to run the banking solutions business segment.