Earnings SustainabilityWorldpay generates a significant portion of total FIS earnings, raising concerns about over-reliance on this segment.
Financial PerformanceBanking segment guidance was trimmed to the lower end of the adjusted rate, indicating potential challenges in future growth.
Interest Rate ImpactNearly $2 billion of notes due in late 2025/early 2026 have rates averaging 1%, and a rise to 5% creates an EPS headwind.