Deluxe appoints former Deloitte partner Michelle Collins to board

MINNEAPOLIS - Payments and Data company Deluxe (NYSE:DLX), currently trading at $19.11 and showing strong profitability with a 52.52% gross margin, announced the appointment of Michelle T. Collins to its Board of Directors, according to a press release statement.

Collins joins the board as a retired Deloitte partner with over 40 years of experience advising companies on business transformations, mergers and acquisitions, enterprise risk management, and financial reporting. During her career at Deloitte, she served as Vice Chair and member of the U.S. Board of Directors, where she chaired both the Governance Committee and the Finance and Audit Committee. Her appointment comes as InvestingPro data shows Deluxe maintaining an impressive 55-year streak of consecutive dividend payments, with a current yield of 6.28%.

"Michelle has a history of innovative thinking that blends perfectly with Deluxe and the journey we are on," said Cheryl Mayberry McKissack, Chair of the Deluxe Board of Directors.

Barry McCarthy, President and CEO of Deluxe, added that Collins’ "experience in guiding high-performing teams through transformation will prove invaluable to Deluxe."

Collins holds a Bachelor of Science in Accounting from Western Michigan University and is a Certified Public Accountant.

Deluxe, which processes more than $2 trillion in annual payment volume, provides payment solutions and data services to businesses. The company serves millions of small businesses, thousands of financial institutions, and hundreds of consumer brands. According to InvestingPro analysis, the company appears undervalued at current levels, with analysts projecting net income growth this year. For detailed insights and additional ProTips, investors can access the comprehensive Pro Research Report available on InvestingPro.

In other recent news, Deluxe Corporation reported its second-quarter financial results for 2025, exceeding earnings per share (EPS) expectations. The company announced an EPS of $0.88, surpassing the forecasted $0.75. However, revenue figures fell short of projections, with the company reporting $521.3 million compared to the anticipated $526.93 million. Despite the mixed financial results, the earnings performance was a notable highlight. These developments are part of the recent updates concerning Deluxe Corporation’s financial activities. Investors and analysts will likely keep a close watch on how the company navigates its revenue challenges. The company’s financial results continue to be a focal point for market observers.

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