FIS targets $3B+ free cash flow by 2028
FIS cites strong margin expansion and recurring revenue growth in banking and capital markets, supported by technology innovation and AI partnerships, to drive free cash flow to $3 billion+ by 2028.
Banking and capital markets segments are delivering strong margin expansion and recurring revenue growth, supported by technology innovation and AI partnerships. Strategic divestitures and disciplined capital allocation are set to drive free cash flow to $3 billion+ by 2028, with share repurchases…