Latest news with #Temenos
Business Insider
5 days ago
- Business
- Business Insider
Kepler Capital Sticks to Its Hold Rating for Temenos (TMNSF)
In a report released on July 23, Laurent Daure from Kepler Capital maintained a Hold rating on Temenos, with a price target of CHF67.00. The company's shares closed last Wednesday at $91.93. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. According to TipRanks, Daure is an analyst with an average return of -6.5% and a 34.65% success rate. Daure covers the Technology sector, focusing on stocks such as Dassault Systemes, Capgemini SE, and SAP SE. In addition to Kepler Capital , Temenos also received a Hold from Barclays's Sven Merkt in a report issued on July 23. However, yesterday, TR | OpenAI – 4o reiterated a Buy rating on Temenos (Other OTC: TMNSF). Based on Temenos' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $232.2 million and a net profit of $29.03 million. In comparison, last year the company earned a revenue of $229.88 million and had a net profit of $32.27 million Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TMNSF in relation to earlier this year.
Business Wire
5 days ago
- Business
- Business Wire
Temenos Recognized by CNBC as One of the World's Top Fintech Companies
GRAND-LANCY, Switzerland--(BUSINESS WIRE)--Temenos (SIX: TEMN), a global leader in banking technology, announced it has been named in CNBC's list of the World's Top Fintech Companies for 2025 in the Enterprise Fintech category. The prestigious annual ranking, developed in partnership with market research firm Statista, recognizes the most impactful fintech companies driving transformation across financial services. Temenos was selected following a comprehensive evaluation of more than 2,000 global firms across key fintech categories. The final 300 companies were chosen based on a combination of publicly available data, company-submitted performance metrics, and independent sector-specific research conducted by Statista and CNBC. Jean-Pierre Brulard, CEO, Temenos, said: 'This recognition by major US news outlet CNBC reflects the strength of Temenos technology and our position as a trusted partner to financial institutions around the world. With our customer-centric focus and relentless investment in innovation, Temenos continues to lead banking forward.' With its market-leading core banking suite and best-in-class modular solutions, Temenos offers financial institutions choice, flexibility and a proven path to banking modernization – underpinned with cloud-native architecture, and embedded AI. Trusted by over 950 core banking clients and over 600 digital clients around the world, Temenos software can be deployed on-premises, in the cloud, or as SaaS. Investing around 20% of revenues in R&D, Temenos continues to enhance its capabilities. Recent innovations include the launch of a Gen AI Copilot to help financial institutions design, launch, test and optimize financial products faster, as well as an FCM AI Agent that can help banks significantly reduce false positives in sanctions screening. This recognition from CNBC adds to a growing list of accolades for Temenos, which was recently named the World's Best Core Banking Solution by Euromoney and Best Core Banking System in the Banking Tech Awards USA. Temenos was also named best-selling core banking provider for the 20 th consecutive year in the IBS Intelligence Sales League Table 2025. About Temenos Temenos (SIX: TEMN) is a global leader in banking technology. Through our market-leading core banking suite and best-in-class modular solutions, we are modernizing the banking industry. Banks of all sizes utilize our adaptable technology – on-premises, in the cloud, or as SaaS – to deliver next-generation services and AI-enhanced experiences that elevate banking for their customers. Our mission is to create a world where people can live their best financial lives. For more information, please visit
Bloomberg
23-07-2025
- Business
- Bloomberg
Temenos Soars as Software Spending by Banks Drives Sales Rebound
Temenos AG shares surged the most since 2008, as the Swiss company sold more of its banking software, with financial institutions stepping up investments. Shares of Temenos rose as much as 25% in Zurich trading after it posted second-quarter revenue above analysts expectations and increased the full-year earnings guidance.
Yahoo
23-07-2025
- Business
- Yahoo
Temenos CFO says US tariff 'wobbles' over for banks as shares soar after results
By Marleen Kaesebier (Reuters) -Banking software group Temenos' chief financial officer said on Wednesday "wobbles" over U.S. tariffs that caused deals to be delayed in the first quarter are over, as the company reported second-quarter results that beat analyst expectations. The news sparked a 22% surge in the group's shares at market open on Wednesday. By 0741 GMT shares were up 16.4% at 68.7 Swiss francs per share, on track for their best day in more than a year. "There are still tariff discussions, but I think banks, especially (those) printing very good results, have adapted this in their daily business," Takis Spiliopoulos told Reuters. After some worry and anxiety ahead of U.S. President Donald Trump's so-called "Liberation Day" tariff announcement on April 2, Temenos caught up on delayed deals quickly and has seen its banking customers going back to normal in the second quarter, Spiliopoulos said. On Tuesday after market close, Temenos reported adjusted earnings before interest and taxes of 111.6 million dollars in the quarter, above the 81.2 million dollars predicted by analysts in a company-provided poll. After what Baader Helvea analysts called "a perfect quarter for Temenos", the Swiss company also raised its full-year guidance, now expecting EBIT growth of at least 9% at constant currency from at least 5% before. "This beat and raise should help to boost investor confidence and trigger a rerating of the shares," Vontobel analyst Michael Foeth said. Spiliopoulos said the strong quarter, particularly across Europe and the Americas, "more than compensated" for a slow start to the year. While other Swiss businesses are also facing headwinds from a strong Swiss franc this quarter, Temenos, though headquartered in Geneva, Switzerland, reports in U.S. dollars. Spiliopoulos said he is therefore not worried about the impact of currency moves on the firm, which sees a very small portion of its revenues and costs denominated in Swiss francs. Temenos has profited from currency effects this quarter, he said. "We clearly have a benefit from reporting in dollars... so overall, we had a slight positive impact of about $1 million in the second quarter from FX," Spiliopoulos said.
Reuters
23-07-2025
- Business
- Reuters
Temenos CFO says US tariff 'wobbles' over for banks as shares soar after results
July 23 (Reuters) - Banking software group Temenos' (TEMN.S), opens new tab chief financial officer said on Wednesday "wobbles" over U.S. tariffs that caused deals to be delayed in the first quarter are over, as the company reported second-quarter results that beat analyst expectations. The news sparked a 22% surge in the group's shares at market open on Wednesday. By 0741 GMT shares were up 16.4% at 68.7 Swiss francs per share, on track for their best day in more than a year. "There are still tariff discussions, but I think banks, especially (those) printing very good results, have adapted this in their daily business," Takis Spiliopoulos told Reuters. After some worry and anxiety ahead of U.S. President Donald Trump's so-called "Liberation Day" tariff announcement on April 2, Temenos caught up on delayed deals quickly and has seen its banking customers going back to normal in the second quarter, Spiliopoulos said. On Tuesday after market close, Temenos reported adjusted earnings before interest and taxes of 111.6 million dollars in the quarter, above the 81.2 million dollars predicted by analysts in a company-provided poll. After what Baader Helvea analysts called "a perfect quarter for Temenos", the Swiss company also raised its full-year guidance, now expecting EBIT growth of at least 9% at constant currency from at least 5% before. "This beat and raise should help to boost investor confidence and trigger a rerating of the shares," Vontobel analyst Michael Foeth said. Spiliopoulos said the strong quarter, particularly across Europe and the Americas, "more than compensated" for a slow start to the year. While other Swiss businesses are also facing headwinds from a strong Swiss franc this quarter, Temenos, though headquartered in Geneva, Switzerland, reports in U.S. dollars. Spiliopoulos said he is therefore not worried about the impact of currency moves on the firm, which sees a very small portion of its revenues and costs denominated in Swiss francs. Temenos has profited from currency effects this quarter, he said. "We clearly have a benefit from reporting in dollars... so overall, we had a slight positive impact of about $1 million in the second quarter from FX," Spiliopoulos said.
