Wipada Wipawin
Baird analysts in a Morning Report listed companies within the financial technology, payments and services subsector (BPAY), (NYSEARCA:ARKF), (IPAY), (FDIG), (ARKK), (IYG) that have high interest rate sensitivity.
Companies that would “mildly benefit” from a 100 basis points fall in floating rates:
- Fiserv Inc. (FI)
- Corpay Inc. (CPAY)
Companies with neutral impact from a 100 basis points fall in floating rates:
- WEX Inc. (WEX)
- Jack Henry & Associates Inc. (JKHY)
- Verra Mobility Corp. (VRRM)
- Fidelity National Information Services Inc. (FIS)
- Global Payments Inc. (GPN)
Companies that would experience “mild headwinds” from a 100 basis points fall in floating rates:
- Visa Inc. (V)
- Mastercard Inc. (MA)
- Toast Inc. (TOST)
- AvidXchange Holdings Inc. (AVDX)
- BILL Holdings Inc. (BILL)
- Paymentus Holdings Inc. (PAY)
- Block Inc. (SQ)
