FIS lowers 2026 banking solutions growth guidance due to project delays

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FIS lowered its 2026 banking solutions revenue growth forecast from 5-5.5% to 3.5-4%, and its company-wide forecast from 4.5-5% to 3.1-3.6%. Large customers delaying system conversions, the impact of bank mergers and acquisitions on revenue timing, and weakening demand for traditional software licenses all contributed to the adjustment; some projects have been delayed until Q3 2027. FIS also announced that CFO James Kehoe will leave on November 5, with Alexandra Brooks serving as interim CFO.