Companies / FI
NYSEFiserv (FI) in our theses
Fiserv appears in one of our theses. Below is why it entered the basket and how it has done since publication.
EverBank and WaFd are merging into a $75bn bank, and the first invoice lands with the core processor they leave behind
Bank mergers look like fewer clients for core processors; each deal actually pays a contract termination fee and forces a platform re-selection.
Where these numbers come from
The reference price is recorded on the thesis publication date and never changed afterwards. The current price is refreshed several times a day. Returns are in the listing currency and exclude dividends, so for dividend payers the real total return was somewhat higher.
This is not a recommendation to buy or sell. A company enters a basket as a beneficiary of the mechanism described in the thesis, and the full argument is on each thesis page.
See all of our theses
Each with a publication date, a causal map and a score assigned before the market ruled.
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