Western Union CO

Western Union reported a significant decline in its second-quarter 2026 financial results, with net income falling to $76.7 million and diluted EPS to $0.24, down from $122.1 million and $0.37 respectively in Q2 2025. Revenues also saw a slight decrease to $1,013.2 million. For the first six months of 2026, net income was $141.4 million and diluted EPS was $0.45, both substantially lower than the prior year. The company also noted ongoing legal proceedings and regulatory investigations, alongside an increase in net cash provided by operating activities for the first half of 2026.

Western Union reported a challenging second quarter of 2026 with GAAP revenue decreasing 1% to $1.0 billion and GAAP EPS falling to $0.24 from $0.37 in the prior year. Adjusted EPS also declined to $0.31. The company cited a slowdown in the Americas retail business and margin pressure from the delayed Intermex acquisition as key factors. Despite growth in Consumer Services and Branded Digital segments, the company plans to accelerate cost reductions and updated its full-year 2026 adjusted EPS outlook to $1.25 to $1.35.

The Western Union Company announced that Benjamin Adams, Executive Vice President and Chief Legal Officer, will retire effective November 2, 2026. Mr. Adams notified the company on July 20, 2026, of his intention to participate in its Voluntary Retirement Program. He will continue to serve in his current role and assist with the transition of duties until a successor is appointed. The Voluntary Retirement Program offers eligible employees benefits including six months of base salary, a prorated 2026 annual incentive award, and continued vesting of equity awards.

The Western Union Company has entered into a First Amendment to its existing Delayed Draw Term Loan Credit Agreement. This amendment extends the Commitment Period from the original July 8, 2026, to November 10, 2026. The agreement, originally dated January 9, 2026, involves Western Union, various banks, and Bank of America, N.A. as the administrative agent, providing the company with extended access to the delayed draw term loan.

Western Union's stockholders held their 2026 Annual Meeting on May 14, 2026. They elected all nominated directors for a one-year term, approved the compensation of named executive officers on an advisory basis, and ratified Ernst & Young LLP as the independent auditor for 2026. Additionally, stockholders approved the 2026 Employee Stock Purchase Plan but did not approve a stockholder proposal regarding the right to act by written consent.

The Western Union Company announced the completion of its offering and sale of $165,000,000 aggregate principal amount of 4.750% Notes due 2029. This issuance, completed on May 5, 2026, constitutes a further issuance of existing 2029 notes and will be consolidated with them. The offering was conducted under an Underwriting Agreement with Wells Fargo Securities, LLC.

The Western Union Company has filed its Form 10-Q with the SEC for the first quarter ended March 31, 2026. This report includes the unaudited condensed consolidated financial statements, management's discussion and analysis of financial condition and results of operations, and disclosures regarding market risk and controls. As of April 16, 2026, the company reported 312,435,104 shares of common stock outstanding.

The Western Union Company reported first-quarter 2026 results, with GAAP revenue flat at $983 million and adjusted revenue down 1% compared to the prior year. Despite the overall flat revenue, the company saw strong growth in its Consumer Services segment, with GAAP revenue increasing by 24% and adjusted revenue by 33%. Branded Digital revenue also grew, up 9% on a GAAP basis and 6% on an adjusted basis, contributing to an adjusted EPS of $0.25.