Annuncio • Aug 15
Western Union Company and International Money Express, Inc. Receive Regulatory Approval from New York State Department of Financial Services for Pending Acquisition Western Union Company and International Money Express, Inc. announced that the parties have received regulatory approval from the New York State Department of Financial Services for Western Union’s pending acquisition of Intermex. In connection with the approval, Western Union made certain commitments to the New York State Department of Financial Services with respect to remittance services and locations in New York following the acquisition. Declared Dividend • Aug 07
Second quarter dividend of US$0.23 announced Shareholders will receive a dividend of US$0.23. Ex-date: 16th September 2026 Payment date: 30th September 2026 Dividend yield will be 11%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (75% earnings payout ratio) and cash flows (69% cash payout ratio). The dividend has increased by an average of 4.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 29% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Aug 04
Western Union Announces Quarterly Dividend, Payable on September 30, 2026 Western Union Company announced that its board of directors declared a quarterly cash dividend of $0.235 per common share, payable September 30, 2026, to stockholders of record at the close of business on September 16, 2026. Reported Earnings • Aug 04
Second quarter 2026 earnings released: EPS: US$0.24 (vs US$0.37 in 2Q 2025) Second quarter 2026 results: EPS: US$0.24 (down from US$0.37 in 2Q 2025). Revenue: US$1.01b (down 1.3% from 2Q 2025). Net income: US$76.7m (down 37% from 2Q 2025). Profit margin: 7.6% (down from 12% in 2Q 2025). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Global Diversified Financial industry. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has fallen by 19% per year, which means it is performing significantly worse than earnings. Annuncio • Jul 31
The Western Union Company Revises Earnings Guidance for the Year 2026 The Western Union Company revised earnings guidance for the year 2026. For the year, the company is updating GAAP revenue of 3% to 5%. Annuncio • Jul 24
The Western Union Company Announces Benjamin Adams Intents to Depart as Executive Vice President, Chief Legal Officer, Effective November 2, 2026 The Western Union Company announced on July 20, 2026, Benjamin Adams notified the company of his intention to elect to participate in the Company’s Voluntary Retirement Program and depart from his position as Executive Vice President, Chief Legal Officer, effective November 2, 2026. During this notice period, Mr. Adams will continue to serve in his current role overseeing the legal, privacy, public policy and enterprise risk functions and assist the Company with the transition of his duties until his successor is appointed. Annuncio • Jul 17
The Western Union Company to Report Q2, 2026 Results on Jul 30, 2026 The Western Union Company announced that they will report Q2, 2026 results on Jul 30, 2026 Annuncio • Jun 18
The Western Union Company (NYSE:WU) acquired GMT Tech Innovation Ltd. from the Sarok and Tayer families for ILS 200 million. The Western Union Company (NYSE:WU) acquired GMT Tech Innovation Ltd. from the Sarok and Tayer families for ILS 200 million on June 16, 2026. A cash consideration of ILS 200 million ($70 million) will be paid by The Western Union Company. As part of consideration, ILS 200 million is paid towards common equity of GMT Tech Innovation Ltd. Under the deal, GMT’s technology, regulatory licenses and money transfer network in Israel will be transferred to Western Union. The company's Chief Executive Officer, Eran Sarouk, will continue to lead and manage the operations even after the merger. Within the framework of the transaction, Western Union is expected to implement worldwide the unique technology developed by GMT in Israel.
Tal Eliasaf, Assif Rosenberg, and Golan Kaneti of Naschitz, Brandes, Amir & Co. acted as legal advisor for GMT Tech Innovation Ltd. Cliff Felig, Keren Sadeh (Mizrachi), Niva Berg Livnat, and Vadim Zimmerman of Meitar Liquornik Geva Leshem Tal & Co acted as legal advisor for The Western Union Company. Itzik Levy, Yinon Srebernik, and Eli Barda of Ernst & Young Ltd., Advisory Arm acted as financial advisor for The Western Union Company.
The Western Union Company (NYSE:WU) completed the acquisition of GMT Tech Innovation Ltd. from the Sarok and Tayer families on June 16, 2026. Upcoming Dividend • Jun 09
Upcoming dividend of US$0.23 per share Eligible shareholders must have bought the stock before 16 June 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 68% and the cash payout ratio is 89%. Trailing yield: 13%. Within top quartile of Mexican dividend payers (6.1%). Higher than average of industry peers (4.5%). Declared Dividend • May 21
First quarter dividend of US$0.23 announced Shareholders will receive a dividend of US$0.23. Ex-date: 16th June 2026 Payment date: 30th June 2026 Dividend yield will be 9.1%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (68% earnings payout ratio) and cash flows (89% cash payout ratio). The dividend has increased by an average of 4.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 33% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • May 16
Western Union Announces Quarterly Dividend, Payable on June 30, 2026 The Western Union Company announced that its board of directors declared a quarterly cash dividend of $0.235 per common share, payable June 30, 2026, to stockholders of record at the close of business on June 16, 2026. Annuncio • May 06
Western Union Launches USDPT Payment Stablecoin on Solana Western Union announced the launch of USDPT, its U.S. dollar-denominated payment stablecoin, marking a major milestone in the company’s evolution toward regulated, digital-first financial infrastructure. Fully backed by U.S. dollars and issued by Anchorage Digital Bank N.A., the first federally regulated crypto bank in the United States, and built on Solana, USDPT is designed to operate within real-world payment systems, combining blockchain-based settlement with Western Union’s global compliance, risk and distribution capabilities. Issued by Anchorage Digital Bank N.A. on federally regulated infrastructure and integrated into Western Union’s payment systems, USDPT serves as an always-on settlement asset that operates on Solana’s high-performance blockchain that eliminates the latency and fragmentation of traditional correspondent banking rails. USDPT is designed to support multiple strategic use cases across Western Union’s ecosystem, reinforcing the company’s long-standing role as a bridge between global financial systems and local access to financial services for its customers. Western Union is developing the following services to support USDPT: Global Exchange Support, to make USDPT available for purchase on licensed global virtual currency exchanges. Digital Asset Network, to connect licensed virtual currency exchanges and custodians to Western Union’s global payout and liquidity infrastructure. Stable by Western Union, a consumer-facing spend capability launching in 2026 in 40+ countries. Treasury and Agent Settlement, to enable near-instant, 24/7 settlement with USDPT between Western Union and its global agents. This will allow Western Union to reduce idle balances and deploy liquidity more dynamically across its network. Together, these applications will extend USDPT from institutional settlement into practical, real-world usage, linking digital value with cash-based and consumer payment experiences. The launch of USDPT reflects a broader shift in how global payments are evolving, as established financial institutions adopt regulated digital assets as core infrastructure going forward. By combining blockchain settlement with one of the world’s most established money movement networks, Western Union is helping shape a future where digital dollars operate at global scale with institutional trust. Annuncio • Apr 25
The Western Union Company Provides Earnings Guidance for Full Year 2026 The Western Union Company provided earnings guidance for full year 2026. For the period, the company expects Revenue to be in the range of 5% to 8%. EPS is expected to be in the range of $1.50 to $1.60. Annuncio • Apr 10
The Western Union Company to Report Q1, 2026 Results on Apr 24, 2026 The Western Union Company announced that they will report Q1, 2026 results Pre-Market on Apr 24, 2026 Annuncio • Apr 01
The Western Union Company, Annual General Meeting, May 14, 2026 The Western Union Company, Annual General Meeting, May 14, 2026. Location: at 7001 e. belleview avenue, denver, colorado 80237., colorado 80237. United States Annuncio • Mar 14
The Western Union Company Appoints Milind Pant as Independent Director and Member of Audit and the Compliance Committees, Effective March 13, 2026 The Western Union Company announced the appointment of Milind Pant, age 55, as an independent director to its Board of Directors, effective immediately (March 13, 2026). Mr. Pant is currently an Executive Fellow with the Kellogg School of Management. As the first non-family CEO of Amway, he led a six-year transformation, shifting the company’s focus from legacy direct selling to consumer health, and championed digital commerce, empowering over a million micro-entrepreneurs. Prior to Amway, Mr. Pant served as President of Pizza Hut International, where he spearheaded the brand’s transition to a modern, fast-casual delivery model, and as President and COO of Yum! China, driving the turnaround and expansion of a $6 billion business with over 7,000 restaurants. Earlier in his career, he spent 15 years with Unilever in roles spanning India, Africa, the Middle East, and Turkey. Having led companies in five countries across three continents, Milind brings a unique global perspective and a steadfast commitment to growth and innovation. Mr. Pant will serve on the Audit and the Compliance Committees of the Board, also effective immediately (March 13, 2026). Declared Dividend • Mar 02
Fourth quarter dividend of US$0.23 announced Shareholders will receive a dividend of US$0.23. Ex-date: 17th March 2026 Payment date: 31st March 2026 Dividend yield will be 8.1%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (61% earnings payout ratio) and cash flows (75% cash payout ratio). The dividend has increased by an average of 4.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 23% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 22
Full year 2025 earnings released: EPS: US$1.53 (vs US$2.75 in FY 2024) Full year 2025 results: EPS: US$1.53 (down from US$2.75 in FY 2024). Revenue: US$4.05b (down 3.8% from FY 2024). Net income: US$499.6m (down 47% from FY 2024). Profit margin: 12% (down from 22% in FY 2024). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 3.1% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Global Diversified Financial industry. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Annuncio • Jan 23
The Western Union Company to Report Q4, 2025 Results on Feb 20, 2026 The Western Union Company announced that they will report Q4, 2025 results Pre-Market on Feb 20, 2026 Declared Dividend • Dec 15
Third quarter dividend of US$0.23 announced Shareholders will receive a dividend of US$0.23. Ex-date: 22nd December 2025 Payment date: 31st December 2025 Dividend yield will be 8.4%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (40% earnings payout ratio) and cash flows (74% cash payout ratio). The dividend has increased by an average of 4.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 13% over the next 3 years. However, it would need to fall by 55% to increase the payout ratio to a potentially unsustainable range. Annuncio • Dec 12
The Western Union Company Declares Quarterly Cash Dividend, Payable on December 31, 2025 The Western Union Company announced that its board of directors declared a quarterly cash dividend of $0.235 per common share, payable December 31, 2025, to stockholders of record at the close of business on December 22, 2025. Recent Insider Transactions • Nov 13
President of Europe recently bought Mex$1.6m worth of stock On the 10th of November, Giovanni Angelini bought around 10k shares on-market at roughly Mex$165 per share. This transaction amounted to 8.9% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth Mex$28m. Insiders have collectively bought Mex$33m more in shares than they have sold in the last 12 months. Annuncio • Oct 29
The Western Union Company Announces USDPT Stablecoin on Solana and Digital Asset Network The Western Union Company announced its plan to launch U.S. Dollar Payment Token (USDPT), its new stablecoin, and an innovative Digital Asset Network designed to bridge the digital and fiat worlds, enabling real world utility for digital assets. Built on Solana and issued by Anchorage Digital Bank, Western Union aims to launch USDPT, expanding the ways to move money for customers, agents and partners, and to support the company's treasury capabilities. This brings together Western Union's global digital footprint, Solana's high-performance blockchain technology, and Anchorage Digital's federally regulated stablecoin issuance platform and digital asset custody solutions. Western Union will provide users with access to digital assets, and will enable the ability to send, receive, spend and hold USDPT through a seamless user experience supported by the company's global compliance and risk capacities. Western Union anticipates that USDPT will be available in the first half of 2026. The company plans for users to access USDPT via partner exchanges, allowing broad accessibility and ease of use. Western Union's decision to build on Solana and issue with Anchorage Digital Bank is driven by a shared vision of modernizing financial infrastructure and expanding digital asset adoption on a global scale and in a regulatory compliant manner. By integrating with partners who aim to provide institutional grade security measures and compliance protocols, Western Union aims to ensure safety and reliability are core to the customer experience and that the company fosters trust and confidence among users around the world. Digital commerce has resulted in the world coming closer together, but access to cash remains localized. Western Union anticipates that its USDPT stablecoin and Digital Asset Network have the potential to fundamentally reshape how money moves worldwide. Linking global currencies like the U.S. dollar directly to local spending needs, Western Union aspires to expand how the world sends money by enabling compliant and secure digital movement across borders with certainty, trust and at a lower cost, all powered by USDPT. Reported Earnings • Oct 24
Third quarter 2025 earnings released: EPS: US$0.43 (vs US$0.78 in 3Q 2024) Third quarter 2025 results: EPS: US$0.43 (down from US$0.78 in 3Q 2024). Revenue: US$1.03b (flat on 3Q 2024). Net income: US$139.6m (down 47% from 3Q 2024). Profit margin: 14% (down from 26% in 3Q 2024). Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the Global Diversified Financial industry. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Annuncio • Oct 10
The Western Union Company to Report Q3, 2025 Results on Oct 23, 2025 The Western Union Company announced that they will report Q3, 2025 results at 4:05 PM, US Eastern Standard Time on Oct 23, 2025 Annuncio • Oct 06
The Western Union Company(NYSE:WU) dropped from S&P 400 Financials (Sector) The Western Union Company(NYSE:WU) dropped from S&P 400 Financials (Sector) Upcoming Dividend • Sep 12
Upcoming dividend of US$0.23 per share Eligible shareholders must have bought the stock before 16 September 2025. Payment date: 30 September 2025. Payout ratio is a comfortable 35% and the cash payout ratio is 81%. Trailing yield: 11%. Within top quartile of Mexican dividend payers (6.0%). Higher than average of industry peers (6.0%). Declared Dividend • Sep 01
Second quarter dividend of US$0.23 announced Shareholders will receive a dividend of US$0.23. Ex-date: 16th September 2025 Payment date: 30th September 2025 Dividend yield will be 8.9%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (35% earnings payout ratio) and cash flows (81% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 25% over the next 3 years. However, it would need to fall by 61% to increase the payout ratio to a potentially unsustainable range. Recent Insider Transactions • Aug 22
Executive VP & CFO recently bought Mex$2.7m worth of stock On the 18th of August, Matthew Cagwin bought around 18k shares on-market at roughly Mex$157 per share. This transaction amounted to 23% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Matthew's only on-market trade for the last 12 months. Annuncio • Aug 11
The Western Union Company (NYSE:WU) agreed to acquire International Money Express, Inc. (NasdaqCM:IMXI) for approximately $500 million. The Western Union Company (NYSE:WU) agreed to acquire International Money Express, Inc. (NasdaqCM:IMXI) for approximately $500 million on August 10, 2025. Western Union will acquire Intermex in an all-cash transaction at $16.00 per IMXI share, representing a total equity and enterprise value of approximately $500 million. The acquisition is expected to be immediately accretive to Western Union’s adjusted EPS by more than $0.10 in the first full year post close.
The transaction is subject to customary closing conditions and regulatory approvals, clearance under the Hart-Scott-Rodino Act, approvals from financial regulators, approval from Intermex and Western Union’s Board of Directors, as well as approval by Intermex’s stockholders. The transaction is expected to close in mid-2026 and has been unanimously approved by Intermex and Western Union’s Board of Directors.
PJT Partners is serving as financial advisor and Sidley Austin LLP as legal advisor to Western Union. Financial Technology Partners LP is serving as financial advisor and Holland & Knight LLP as legal advisor to Intermex. Lazard Frères & Co. LLC is serving as financial advisor and Cravath, Swaine & Moore LLP as legal advisor to Intermex’s Strategic Alternatives Committee. Reported Earnings • Jul 29
Second quarter 2025 earnings released: EPS: US$0.37 (vs US$0.42 in 2Q 2024) Second quarter 2025 results: EPS: US$0.37 (down from US$0.42 in 2Q 2024). Revenue: US$1.03b (down 3.8% from 2Q 2024). Net income: US$122.1m (down 13% from 2Q 2024). Profit margin: 12% (down from 13% in 2Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 5.1% growth forecast for the Global Diversified Financial industry. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Annuncio • Jul 29
the Western Union Company Provides Earnings Guidance for Full Year 2025 The Western Union Company provided earnings guidance for full year 2025. For the period, the company expects GAAP Revenue in the range of $4,085 million to $4,185 million. Operating margin in the range of 18% to 20%. EPS in the range of $1.45 to $1.55. Annuncio • Jul 15
The Western Union Company to Report Q2, 2025 Results on Jul 28, 2025 The Western Union Company announced that they will report Q2, 2025 results on Jul 28, 2025 Annuncio • Jun 25
Western Union Appoints Ricardo Alair as Director for the Philippines, Guam, Northern Mariana Islands and Palau Western Union announced the appointment of Ricardo Alair as Director for the Philippines, Guam, Northern Mariana Islands and Palau. His appointment comes as the Company accelerates its growth strategy, expanding access to financial services for customers across the region. With over 20 years of experience across financial services, telecommunications and business strategy, Alair brings a strong track record of innovation, operational excellence and sustainable growth. He spent more than 14 years at Globe Telecom in senior leadership roles. This included eight years under its Mobile Financial Services unit, GCASH, where he was instrumental in shaping business operations and corporate planning. Most recently, Alair served as Deputy General Manager at Lulu Money Philippines. Here he led the launch of the Company’s e-wallet business - overseeing startup operations, product development and full-scale deployment. Upcoming Dividend • Jun 09
Upcoming dividend of US$0.23 per share Eligible shareholders must have bought the stock before 16 June 2025. Payment date: 30 June 2025. Payout ratio is a comfortable 35% and the cash payout ratio is 91%. Trailing yield: 9.9%. Within top quartile of Mexican dividend payers (6.0%). Higher than average of industry peers (5.9%). Annuncio • Jun 09
The Western Union Company Appoints Vince Tallent as Senior Vice President, Head of Asia Pacific The Western Union Company announced the appointment of Vince Tallent as Senior Vice President, Head of Asia Pacific. His appointment comes as the Company accelerates its strong growth momentum in the region across its digital, retail and broader ecosystem presence. Tallent brings a wealth of expertise to Western Union, having built a distinguished career within the fintech and telecommunications, media & technology (TMT) industries. He has extensive experience growing international businesses and delivering innovative service offerings. These include multi-service apps with in-app purchases, data transfer, marketplaces, card services, alternative payment methods and cutting-edge digital banking solutions across both developed and emerging markets. Tallent joins the company from tiqmo. He joined tiqmo initially as Group COO and CFO, ultimately becoming CEO in 2022. Prior to tiqmo, Tallent held senior leadership positions at top fintech and TMT companies in Asia Pacific, the Middle East, and Europe where he led transformational strategies that drove growth and innovation. Vince Tallent holds an MBA in Advanced Finance & Corporate Strategy from Kingston University, London, where he was also awarded an Honorary Doctorate for his outstanding contributions to business, entrepreneurship, and philanthropy. He is also a Fellow of the Chartered Institute of Management Accountants (CIMA) in London. Valuation Update With 7 Day Price Move • May 20
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to Mex$194, the stock trades at a forward P/E ratio of 6x. Average forward P/E is 12x in the Diversified Financial industry globally. Total loss to shareholders of 29% over the past three years. Annuncio • May 16
the Western Union Company Announces Quarter Dividend, Payable June 30, 2025 The Western Union Company announced that its board of directors declared a quarterly cash dividend of $0.235 per common share, payable June 30, 2025, to stockholders of record at the close of business on June 16, 2025. Annuncio • Apr 24
The Western Union Company Reaffirms Earnings Guidance for the Full Year 2025 The Western Union Company reaffirmed earnings guidance for the full year 2025. For the period, the company reaffirms revenue to be in the range of $4,090 million to $4,190 million. Earnings per share to be in the range of $1.54 to $1.64. Annuncio • Apr 11
The Western Union Company to Report Q1, 2025 Results on Apr 23, 2025 The Western Union Company announced that they will report Q1, 2025 results on Apr 23, 2025 Annuncio • Apr 08
The Western Union Company (NYSE:WU) acquired eurochange Ltd. from Corsair Capital LLC, NoteMachine UK Ltd. and others. The Western Union Company (NYSE:WU) acquired eurochange Ltd. from Corsair Capital LLC, NoteMachine UK Ltd. and others on April 7, 2025. Canaccord Genuity acted as sole financial adviser to Corsair and eurochange.
The Western Union Company (NYSE:WU) completed the acquisition of eurochange Ltd. from Corsair Capital LLC, NoteMachine UK Ltd. and others on April 7, 2025. Annuncio • Apr 04
The Western Union Company, Annual General Meeting, May 15, 2025 The Western Union Company, Annual General Meeting, May 15, 2025. Location: 7001 e. belleview avenue, denver, colorado United States Upcoming Dividend • Mar 11
Upcoming dividend of US$0.23 per share Eligible shareholders must have bought the stock before 17 March 2025. Payment date: 31 March 2025. Payout ratio is a comfortable 34% but the company is paying out more than the cash it is generating. Trailing yield: 8.1%. Within top quartile of Mexican dividend payers (5.9%). Higher than average of industry peers (5.2%). Reported Earnings • Feb 24
Full year 2024 earnings released: EPS: US$2.75 (vs US$1.69 in FY 2023) Full year 2024 results: EPS: US$2.75 (up from US$1.69 in FY 2023). Revenue: US$4.21b (down 3.4% from FY 2023). Net income: US$934.2m (up 49% from FY 2023). Profit margin: 22% (up from 14% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 5.0% growth forecast for the Global Diversified Financial industry. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Declared Dividend • Feb 10
Fourth quarter dividend of US$0.23 announced Shareholders will receive a dividend of US$0.23. Ex-date: 17th March 2025 Payment date: 31st March 2025 Dividend yield will be 6.5%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by earnings (34% earnings payout ratio) but not covered by cash flows (115% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 36% over the next 3 years. However, it would need to fall by 62% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Feb 06
Full year 2024 earnings released: EPS: US$2.75 (vs US$1.69 in FY 2023) Full year 2024 results: EPS: US$2.75 (up from US$1.69 in FY 2023). Revenue: US$4.21b (down 3.4% from FY 2023). Net income: US$934.2m (up 49% from FY 2023). Profit margin: 22% (up from 14% in FY 2023). The increase in margin was driven by lower expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.9% growth forecast for the Global Diversified Financial industry. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. Annuncio • Jan 22
The Western Union Company to Report Q4, 2024 Results on Feb 04, 2025 The Western Union Company announced that they will report Q4, 2024 results on Feb 04, 2025 Annuncio • Jan 13
Mark Hinsey Intends to Retire as A Chief Accounting Officer and Controller of the Western Union Company, Effective June 30, 2025 On January 7, 2025, Mark Hinsey, Chief Accounting Officer and Controller of The Western Union Company, notified the Company that he intends to retire effective June 30, 2025. The Company intends to initiate a process to appoint a successor. Annuncio • Dec 16
The Western Union Company (NYSE:WU) announces an Equity Buyback for $1,000 million worth of its shares. The Western Union Company (NYSE:WU) announces a share repurchase program. Under the program, the company will repurchase up to $1,000 million worth of its common shares. Annuncio • Dec 14
The Western Union Company Declares Quarterly Cash Dividend, Payable on December 31, 2024 The Western Union Company announced that its Board of Directors declared a quarterly cash dividend of $0.235 per common share. The dividend will be payable December 31, 2024, to stockholders of record at the close of business on December 23, 2024. Annuncio • Nov 12
Western Union Launches Media Network Business Offering Brands Unparalleled Reach and Engagement with Globally Diverse Audiences Western Union announced a new line of business offering companies a new way to connect and engage with a diverse, multicultural audience of millions of global consumers. Personalize Customer Engagement Through Data: Western Union Media Network gives marketers access to valuable first party deterministic audiences and insights, offering a unique look into buyer personas that other media networks cannot provide. Western Union’s trusted relationship with their customer base gives them the advantage to build addressable audience segments at scale and deliver multicultural brand messaging that effectively engages consumers, showcases value, and provides inspiration to improve individual lives and their communities. Engage Across a Multitude of Digital Channels: Western Union audiences are available and accessible across company-owned channels including its website, mobile app and digital out-of-home (DOOH) screen network at select retail locations. Brands can also engage Western Union customers through audience extension including digital displays, online video (OLV), over-the-top (OTT), and connected tv (CTV) via the platform of their choice. Improve Ad Efficiency Through Advanced Targeting: By collecting and analyzing validated data points across the customer journey, Western Union can develop key targeting strategies to improve ad efficiency. This includes customized data pulled from extensive Agent network, and data that informs of cultural ties which helps to build addressable audience segments at scale. Position Business as a True Community Partner: The Western Union Media Network DOOH screens are embedded across thousands of neighborhoods and communities, found inside supermarkets, pharmacies, check cashing services, convenience stores, banks, financial services and more. These retail locations are in the heart of diverse, multicultural neighborhoods and communities, enabling connections with customers during their daily routines and when they are in a commerce mindset. Western Union is currently offering a unique set of omnichannel media solutions including DOOH, on-site and post-transaction, as well as multi-platform audience extension. Annuncio • Oct 26
The Western Union Company Revises Earnings Guidance for the Full Year 2024 The Western Union Company revised earnings guidance for the full year 2024. For the period, the company expects Revenue to be in the range of $4,125 million to $4,200 million. The company expects Earnings per share (GAAP) to be in the range of $1.94 to $2.04. Reported Earnings • Oct 24
Third quarter 2024 earnings released: EPS: US$0.78 (vs US$0.46 in 3Q 2023) Third quarter 2024 results: EPS: US$0.78 (up from US$0.46 in 3Q 2023). Revenue: US$1.04b (down 5.6% from 3Q 2023). Net income: US$264.8m (up 55% from 3Q 2023). Profit margin: 26% (up from 16% in 3Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 1.1% p.a. on average during the next 3 years, compared to a 3.0% growth forecast for the Global Diversified Financial industry. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Annuncio • Oct 10
The Western Union Company to Report Q3, 2024 Results on Oct 23, 2024 The Western Union Company announced that they will report Q3, 2024 results at 4:05 PM, US Eastern Standard Time on Oct 23, 2024 Upcoming Dividend • Sep 09
Upcoming dividend of US$0.23 per share Eligible shareholders must have bought the stock before 16 September 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 57% and this is well supported by cash flows. Trailing yield: 7.7%. Within top quartile of Mexican dividend payers (7.3%). Higher than average of industry peers (6.1%). Annuncio • Aug 01
The Western Union Company Provides Earnings Guidance for the for Full Year 2024 The Western Union Company provided earnings guidance for the for full year 2024. For the period,the company revenue to be in the range of $4,125 to $4,200 and EPS to be in the range of $1.62 to $1.72. Reported Earnings • Jul 31
Second quarter 2024 earnings released: EPS: US$0.42 (vs US$0.47 in 2Q 2023) Second quarter 2024 results: EPS: US$0.42 (down from US$0.47 in 2Q 2023). Revenue: US$1.07b (down 8.9% from 2Q 2023). Net income: US$141.0m (down 20% from 2Q 2023). Profit margin: 13% (down from 15% in 2Q 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 3 years compared to a 2.0% growth forecast for the Global Diversified Financial industry. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has fallen by 20% per year, which means it is performing significantly worse than earnings. Annuncio • Jul 25
The Western Union Company Announces Quarterly Dividend, Payable on September 30, 2024 The Western Union Company announced that its board of directors declared a quarterly cash dividend of $0.235 per common share, payable September 30, 2024, to stockholders of record at the close of business on September 16, 2024. Annuncio • Jul 17
The Western Union Company to Report Q2, 2024 Results on Jul 30, 2024 The Western Union Company announced that they will report Q2, 2024 results at 4:05 PM, US Eastern Standard Time on Jul 30, 2024 Declared Dividend • May 27
First quarter dividend of US$0.23 announced Shareholders will receive a dividend of US$0.23. Ex-date: 14th June 2024 Payment date: 28th June 2024 Dividend yield will be 5.4%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (55% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 12% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • May 18
The Western Union Company Announces Quarterly Dividend, Payable on June 28, 2024 The Western Union Company announced that its board of directors declared a quarterly cash dividend of $0.235 per common share, payable June 28, 2024, to stockholders of record at the close of business on June 14, 2024. Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: US$0.41 (vs US$0.41 in 1Q 2023) First quarter 2024 results: EPS: US$0.41. Revenue: US$1.05b (up 1.2% from 1Q 2023). Net income: US$142.7m (down 6.0% from 1Q 2023). Profit margin: 14% (in line with 1Q 2023). Revenue is forecast to stay flat during the next 3 years compared to a 3.0% growth forecast for the Global Diversified Financial industry. Annuncio • Apr 12
The Western Union Company to Report Q1, 2024 Results on Apr 24, 2024 The Western Union Company announced that they will report Q1, 2024 results at 4:05 PM, US Eastern Standard Time on Apr 24, 2024 Annuncio • Apr 03
The Western Union Company, Annual General Meeting, May 17, 2024 The Western Union Company, Annual General Meeting, May 17, 2024, at 08:00 US Mountain Standard Time. Location: 7001 E. Belleview Avenue, Denver, Colorado 80237 Colorado United States Agenda: To consider Election of Directors named in this Proxy Statement to serve as members of the Company’s Board of Directors until the Company’s 2025 Annual Meeting of Stockholders; to hold an advisory vote to approve executive compensation; to consider ratify the selection of Ernst & Young LLP as our independent registered public accounting firm for 2024; to approve The Western Union Company 2024 Long-Term Incentive Plan (the “2024 Plan”); to transact any other business as may properly come before the Annual Meeting or any postponement or adjournment of the Annual Meeting. Declared Dividend • Mar 12
Fourth quarter dividend of US$0.23 announced Shareholders will receive a dividend of US$0.23. Ex-date: 14th March 2024 Payment date: 29th March 2024 Dividend yield will be 5.7%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (51% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 7.5% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Annuncio • Feb 23
Burns Charest & Kick Law Firm Announces Lawsuit Alleges Western Union, Moneygram Unlawfully Share Customers’ Personal Information with Law Enforcement proposed class action filed February 21, 2024 in federal district court in Los Angeles alleges that international money transfer providers Western Union and MoneyGram have unlawfully breached the protected personal information of possibly millions of consumers during the past decade. According to the lawsuit filed by attorneys with Burns Charest LLP and the Kick Law Firm, the companies provide personal information to hundreds of law enforcement agencies, bypassing the typical legal requirements such as court orders, subpoenas, or warrants, and done without the knowledge and consent of the individuals using the services. Building on documents released last year by the American Civil Liberties Union, the filing outlines a “massive and unlawful dragnet data collection scheme” in which the information is sent by the companies to the Transaction Record Analysis Center or TRAC, an Arizona non-profit corporation whose tax filings indicate its stated mission is: “[t]o educate law enforcement and industry to money laundering technique and trends.” The lawsuit states that TRAC uses its vendor, Austin-based Forcepoint, to provide the data to an estimated 700 law enforcement agencies nationwide, including the Department of Homeland Security and its Immigration and Customs Enforcement agency. The data primarily consists of money transfer records for transactions exceeding $500 sent to or from Arizona, California, New Mexico and Texas, as well as to or from Mexico. As an example, published reports by the ACLU reveal that from 2014 to 2021, Arizona attorneys general issued at least 140 administrative subpoenas to money transfer companies, each requesting that the companies periodically provide customer transaction records for the next year. This practice apparently continues despite policies and court rulings that prohibit this unfettered access. The information allegedly collected by the companies and made available to law enforcement includes the name, full address, government identification number, phone number, date of birth, occupation, and other identifying information for both the sender and receiver. The lawsuit alleges the two money transfer providers, together with Forcepoint and TRAC, are violating the California Consumer Privacy Rights Act and the California constitutional right to privacy. The lawsuit is Cruz, et al. v. The Western Union Company et al., Cause No. 5:24-cv-404, filed in the United States District Court for the Central District of California in Los Angeles. Declared Dividend • Feb 12
Fourth quarter dividend of US$0.23 announced Shareholders will receive a dividend of US$0.23. Ex-date: 14th March 2024 Payment date: 29th March 2024 Dividend yield will be 5.9%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (52% cash payout ratio). The dividend has increased by an average of 6.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 7.5% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 07
Full year 2023 earnings released: EPS: US$1.69 (vs US$2.35 in FY 2022) Full year 2023 results: EPS: US$1.69 (down from US$2.35 in FY 2022). Revenue: US$4.36b (down 2.6% from FY 2022). Net income: US$626.0m (down 31% from FY 2022). Profit margin: 14% (down from 20% in FY 2022). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 3.2% growth forecast for the Global Diversified Financial industry. Annuncio • Jan 25
The Western Union Company to Report Q4, 2023 Results on Feb 06, 2024 The Western Union Company announced that they will report Q4, 2023 results at 4:05 PM, US Eastern Standard Time on Feb 06, 2024 Annuncio • Nov 24
The Western Union Company the Resignation of Jean Claude Farah as President of Middle East and Asia Pacific, Effective as of December 1, 2023 On November 15, 2023, The Western Union Company determined that Jean Claude Farah will cease serving as President, Middle East and Asia Pacific, effective as of December 1, 2023. Mr. Farah is expected to remain with the Company as a non-executive employee through February 29, 2024 to assist with the transition. Annuncio • Oct 27
The Western Union Company Revises Earnings Guidance for the Full Year 2023 The Western Union Company revised earnings guidance for the full year 2023. For the year 2023, the company expects revenue of (4%) to (3%) compared to previous guidance of (5%) to (3%) and EPS of $1.67 to $1.74 compared to previous guidance of $1.63 to $1.73. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: US$0.46 (vs US$0.45 in 3Q 2022) Third quarter 2023 results: EPS: US$0.46. Revenue: US$1.10b (flat on 3Q 2022). Net income: US$171.0m (down 1.7% from 3Q 2022). Profit margin: 16% (in line with 3Q 2022). Revenue is expected to decline by 1.0% p.a. on average during the next 3 years, while revenues in the Global Diversified Financial industry are expected to grow by 1.8%. Annuncio • Oct 12
The Western Union Company to Report Q3, 2023 Results on Oct 25, 2023 The Western Union Company announced that they will report Q3, 2023 results at 4:05 PM, US Eastern Standard Time on Oct 25, 2023 Annuncio • Sep 22
The Western Union Company Announces Board Changes On September 21, 2023, the Board of Directors of The Western Union Company (the “Company”) increased the size of the Board from 9 to 10 directors and appointed Suzette Deering to the Board to fill the vacancy resulting from such increase, each effective September 21, 2023. In addition, the Board appointed Ms. Deering to the Compensation and Benefits Committee of the Board and the Compliance Committee of the Board, also effective September 21, 2023. Deering brings her diverse business experience to the Board in the areas of marketing, brand strategy, communications, advertising and driving innovation, honed over her 30-year career. She is the founder of The Grit Advisory, a marketing advisory company she formed in May 2023. Previously, Deering served as Global Chief Marketing Officer of Ford Motor Company from 2021 through 2022. Prior to Ford, she served as Vice President and Global Chief Marketing Officer of eBay, from January 2020 to October 2020 and was Chief Marketing Officer of eBay’s North America business from 2015 to January 2020. Deering was Chief Executive Officer of Moxie, a marketing agency, from 2012 to 2015 and held various leadership roles at Home Depot and Verizon Communications from 1998 to 2011. She has served on the Board of Directors for PODS Storage Company since 2018. Reported Earnings • Jul 28
Second quarter 2023 earnings released: EPS: US$0.47 (vs US$0.50 in 2Q 2022) Second quarter 2023 results: EPS: US$0.47 (down from US$0.50 in 2Q 2022). Revenue: US$1.17b (up 2.8% from 2Q 2022). Net income: US$176.2m (down 9.2% from 2Q 2022). Profit margin: 15% (down from 17% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 1.0% p.a. on average during the next 3 years, while revenues in the Global Diversified Financial industry are expected to grow by 1.7%. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 26% per year, which means it is significantly lagging earnings. Annuncio • Jul 27
The Western Union Company Revises Earnings Guidance for the Year 2023 The Western Union Company revised earnings guidance for the year 2023. For the year 2023, the company expects revenue of negative 5% to 3% compared to previous guidance of negative 9% to 7% and EPS of $1.63 to $1.73 compared to previous guidance of $1.53 to $1.63. Annuncio • Jul 22
The Western Union Company Declares Quarterly Cash Dividend, Payable on September 29, 2023 The Western Union Company announced that its board of directors declared a quarterly cash dividend of $0.235 per common share, payable September 29, 2023, to stockholders of record at the close of business on September 15, 2023. Board Change • Jul 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 3 experienced directors. 5 highly experienced directors. President, CEO & Director Devin McGranahan was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Annuncio • Jul 12
The Western Union Company to Report Q2, 2023 Results on Jul 26, 2023 The Western Union Company announced that they will report Q2, 2023 results at 4:05 PM, US Eastern Standard Time on Jul 26, 2023