Sanibel Captiva Community Bank Strengthens Local Commitment with Jack Henry

Rhea-AI Summary

Sanibel Captiva Community Bank (Nasdaq: JKHY) has selected Jack Henry to modernize its core systems, streamline operations, and enhance digital services. SanCap Bank recently surpassed $1 billion in total assets and is expanding to reopen a branch on Fort Myers Beach, restoring local banking service. Jack Henry's configurable core and open ecosystem will support integrations, automate workflows, and free employees to focus on customers.

Positive

• $1.0B in reported total assets for SanCap Bank
• Selected Jack Henry's configurable core to streamline operations and automate workflows
• Planned branch opening on Fort Myers Beach, restoring local banking services

Negative

• None.

Key Figures

Bank size $1 billion total assets Sanibel Captiva Community Bank asset size

Bank founding year 2003 Sanibel Captiva Community Bank founding date

Local banking gap Since 2022 Fort Myers Beach had no bank since 2022

Market Reality Check

$189.16 Last Close

Volume Volume 601,878 vs 20-day average 755,340 (relative volume 0.8x). normal

Technical Price 181.46 is above 200-day MA 170.36, between 52-week low 144.12 and high 196.

Peers on Argus

JKHY gained 1.74% with modest volume while peers were mixed: CACI +6.02%, IT +1.6%, AUR +1.01%, CDW +0.34%, GIB +0.15%, suggesting stock-specific interest around this client win rather than a broad sector move.

Historical Context

Date	Event	Sentiment	Move	Catalyst
Dec 15	Client web awards	Positive	+0.1%	Seven client institutions won 2025 WebAwards using Jack Henry web services.
Dec 10	Client win	Positive	+2.6%	Putnam Greene chose Jack Henry to modernize and standardize four community banks.
Dec 09	Workplace ranking	Positive	-0.5%	Named to 2026 Best Places to Work in IT, ranking No. 24 among large firms.
Dec 04	Large bank client	Positive	+2.7%	CFG Bank selected Jack Henry to modernize technology after surpassing $5B in assets.
Dec 02	Forbes ranking	Positive	-0.9%	Included in Forbes’ 2026 Best Companies in America, ranking 176th of 500.

Pattern Detected

Client wins and technology/customer recognition have generally led to modest positive or mixed price reactions, with some divergence when news focused on awards or rankings.

Recent Company History

Over the past month, Jack Henry announced several client and reputation milestones. On Dec 2, it was ranked 176th on Forbes’ 2026 Best Companies in America list, followed by additional workplace and customer-experience accolades through mid-December. The company also reported multiple community and regional banks choosing its technology platforms, including CFG Bank’s expansion past $5 billion in assets and Putnam Greene’s roughly $1 billion asset base. Today’s Sanibel Captiva Community Bank selection continues this pattern of community-bank growth partnerships.

Market Pulse Summary

This announcement highlights Jack Henry’s continuing traction with community banks, as Sanibel Captiva Community Bank selected its configurable core processing platform and open ecosystem to modernize operations. Recent history shows multiple banks above $1 billion in assets choosing its solutions alongside brand and workplace accolades. Investors following this narrative may watch for additional client wins, the pace of digital adoption among regional banks, and how frequently similar technology mandates emerge over time.

Key Terms

core processing platform technical

"SanCap Bank is transitioning to Jack Henry's configurable core processing platform, which"

A core processing platform is the central computer system that handles and manages essential financial transactions and data for a business or institution. It functions like the engine of a car, enabling smooth and reliable operation of critical activities such as account management, payments, and record keeping. For investors, a strong and efficient core platform is important because it ensures stability, security, and the ability to quickly adapt to changing needs.

open ecosystem technical

"Jack Henry's open ecosystem will allow the bank to maintain seamless integrations"

An open ecosystem is a collaborative environment where different organizations or systems can easily connect, share resources, and work together freely. For investors, it matters because such environments can foster innovation, increase competition, and create more opportunities for growth, much like a community where everyone contributes and benefits. This openness can lead to faster development and wider adoption of new ideas or technologies, enhancing overall market vitality.

AI-generated analysis. Not financial advice.

$1B bank to modernize systems, streamline operations, and enhance customer experience

MONETT, Mo., Jan. 6, 2026 /PRNewswire/ -- Jack Henry™ (Nasdaq: JKHY) announced today that Sanibel Captiva Community Bank (SanCap Bank) has selected Jack Henry to modernize its technology, streamline operations, and support its enduring commitment to the communities it serves.

Founded in 2003 on Sanibel, Florida, SanCap Bank recently surpassed $1 billion in total assets. The locally owned bank focuses on personal and business banking, residential and commercial lending, serving both retail and commercial clients across Southwest Florida. SanCap Bank is highly successful due to its strong community ties; the bank has one of the highest returns on equity among Florida banks while maintaining strong capital and low risk. SanCap Bank has proven to be a reliable anchor through periods of rapid local growth and the challenges brought on by major hurricanes. Today, the bank is continuing to expand to meet the demand for local banking. Its next location will open on Fort Myers Beach - a barrier island without a bank since 2022 - bringing essential financial services back to the community.

SanCap Bank is transitioning to Jack Henry's configurable core processing platform, which will help the bank streamline operations, automate workflows, and enhance service consistency while giving employees more time to focus on customers. Jack Henry's open ecosystem will allow the bank to maintain seamless integrations with key third-party technology providers, while advanced digital capabilities will help meet evolving customer expectations and keep the bank competitive.

"What truly sets us apart is that we intend to be here forever," said John Wright, Executive Vice President, Chief Financial Officer, and Chief Operating Officer at SanCap Bank. "We have no interest in selling, and everything we do is focused on building for the future. The challenges our communities have faced in recent years have only reinforced that we are more than bankers – we are neighbors committed to helping people rebuild, move forward, and continue to grow. That's why we're expanding into areas that have become banking deserts, bringing reliable local banking back to the people who need it most. Working with Jack Henry gives us the modern, open, and flexible technology we need to operate efficiently, support our customers at a higher level, and continue being the long-term, dependable institution our community needs."

"SanCap Bank has navigated growth and adversity with a long-term mindset and a strong sense of purpose," said Jonathan Baltzell, President of Bank Solutions at Jack Henry. "Our modern, open technology will help the bank operate with greater speed and flexibility, ensuring it remains competitive while continuing to deliver the high-touch service its communities rely on."

About Jack Henry & Associates, Inc.^®

Jack Henry™ (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. We are an S&P 500 company that prioritizes openness, collaboration, and user centricity – offering banks and credit unions a vibrant ecosystem of internally developed modern capabilities as well as the ability to integrate with leading fintechs. For nearly 50 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete while serving the evolving needs of their accountholders. We empower approximately 7,400 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. Additional information is available at jackhenry.com.

About Sanibel Captiva Community Bank

Founded in 2003, Sanibel Captiva Community Bank has nine locations open throughout Lee County. On Fort Myers Beach, the bank is operating a temporary office typically open on Wednesdays, 9:30 a.m. to 3 p.m., while its permanent full-service branch is under development.

Sanibel Captiva Community Bank is nationally ranked as a top performing community bank by S&P Global Market Intelligence and is consistently rated a 4- to 5-star institution by Bauer Financial, a trusted independent bank rating firm. With more than $1 billion in total assets, the bank is well-capitalized and generates one of the highest returns on equity of all Florida banks. The bank employs more than 120 employees, and more than 60% are current shareholders. Since 2003, the bank has contributed well over $4.5 million to over 400 local, charitable causes and employees volunteer close to 1,000 hours annually.

Sanibel Captiva Community Bank's team members provide customized individual and business banking services and specialize in residential and commercial lending. The bank offers personal and business checking, residential and commercial lending services, instant issue debit cards and a full array of digital banking products and services, including mobile banking apps, CardHub, online bill pay, Zelle®, Positive Pay and ACH Manager. To learn more, visit sancapbank.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/sanibel-captiva-community-bank-strengthens-local-commitment-with-jack-henry-302648201.html

SOURCE Jack Henry & Associates, Inc.

FAQ

What did Sanibel Captiva Community Bank announce about its technology on January 6, 2026?

SanCap Bank announced it selected Jack Henry to modernize its core processing, streamline operations, and enhance digital capabilities.

How large is SanCap Bank after surpassing assets, and why does it matter for JKHY?

SanCap Bank reported $1 billion in total assets; the size underscores a community bank client adding Jack Henry's core platform.

What specific benefits did SanCap Bank cite from moving to Jack Henry's platform?

Benefits cited include streamlined operations, automated workflows, improved service consistency, and seamless third-party integrations.

When is SanCap Bank opening its next location and where?

SanCap Bank said its next location will open on Fort Myers Beach, a barrier island without a bank since 2022.

Does the announcement mention operational or risk metrics for SanCap Bank?

Yes; the bank highlighted a high return on equity among Florida banks while maintaining strong capital and low risk.