Fiserv Inc. Reports Material Impairments

Ticker: FISV · Form: 8-K · Filed: 2024-09-25T00:00:00.000Z

Sentiment: neutral

Topics: impairment, financial-reporting, debt

Related Tickers: FISV

TL;DR

FISV flagged material impairments, potentially hitting asset values.

AI Summary

On September 20, 2024, Fiserv, Inc. filed an 8-K report indicating material impairments. The filing details the company's financial reporting and disclosures, specifically mentioning various senior notes due in 2025, 2027, 2030, and 2031.

Why It Matters

This filing signals potential negative impacts on Fiserv's asset values, which could affect future profitability and investor confidence.

Risk Assessment

Risk Level: medium — Material impairments can indicate underlying business issues or overvaluation of assets, posing a risk to the company's financial health.

Key Players & Entities

FAQ

What specific assets are subject to material impairment?

The filing does not specify the exact assets subject to material impairment, only that such impairments have occurred.

What is the financial impact of these material impairments?

The filing indicates material impairments but does not quantify the specific dollar amount of the impact in this 8-K.

When did the events triggering these impairments occur?

The earliest event reported in this filing occurred on September 20, 2024.

Are these impairments related to a specific business segment or acquisition?

The filing does not provide details on whether the impairments are tied to a specific segment or acquisition.

What is the company's outlook following this impairment disclosure?

This 8-K filing focuses on the disclosure of material impairments and does not include forward-looking statements or outlook.

From the Filing

0001193125-24-226107.txt : 20240925 0001193125-24-226107.hdr.sgml : 20240925 20240925163901 ACCESSION NUMBER: 0001193125-24-226107 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240920 ITEM INFORMATION: Material Impairments ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20240925 DATE AS OF CHANGE: 20240925 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FISERV INC CENTRAL INDEX KEY: 0000798354 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-BUSINESS SERVICES, NEC [7389] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 391506125 STATE OF INCORPORATION: WI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38962 FILM NUMBER: 241325148 BUSINESS ADDRESS: STREET 1: 600 N. VEL R. PHILLIPS AVENUE CITY: MILWAUKEE STATE: WI ZIP: 53203 BUSINESS PHONE: 4148795000 MAIL ADDRESS: STREET 1: 600 N. VEL R. PHILLIPS AVENUE CITY: MILWAUKEE STATE: WI ZIP: 53203 8-K 1 d895222d8k.htm 8-K 8-K FISERV INC false 0000798354 0000798354 2024-09-20 2024-09-20 0000798354 us-gaap:CommonStockMember 2024-09-20 2024-09-20 0000798354 fisv:SeniorNotesDue2027Member 2024-09-20 2024-09-20 0000798354 fisv:M1.625SeniorNotesDue20303Member 2024-09-20 2024-09-20 0000798354 fisv:SeniorNotesDue2025Member 2024-09-20 2024-09-20 0000798354 fisv:M3.000SeniorNotesDue20311Member 2024-09-20 2024-09-20 0000798354 fisv:M4.500SeniorNotesDue20312Member 2024-09-20 2024-09-20     UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549     FORM 8-K     CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of report (Date of earliest event reported): September 20, 2024     Fiserv, Inc. (Exact Name of Registrant as Specified in Charter)       Wisconsin   1-38962   39-1506125 (State or Other Jurisdiction of Incorporation)   (Commission File Number)   (IRS Employer Identification No.) 600 N. Vel R. Phillips Avenue , Milwaukee , Wisconsin 53203 (Address of Principal Executive Offices, Including Zip Code) (262) 879-5000 (Registrant’s telephone number, including area code)     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:     ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)     ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)     ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))     ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act :   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Stock, par value $0.01 per share   FI   The New York Stock Exchange 1.125% Senior Notes due 2027   FI27   The New York Stock Exchange 1.625% Senior Notes due 2030   FI30   The New York Stock Exchange 2.250% Senior Notes due 2025   FI25   The New York Stock Exchange 3.000% Senior Notes due 2031   FI31   The New York Stock Exchange 4.500% Senior Notes due 2031   FI31A   The New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. &#974

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