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Technology - Software - Infrastructure - NYSE - US
$ 34.64
0.551 %
$ 2.2 B
Market Cap
27.06
P/E
1. INTRINSIC VALUE

EVERTEC, Inc. engages in transaction processing business in Latin America and the Caribbean. The company operates through Payment Services - Puerto Rico & Caribbean; Payment Services - Latin America; Merchant Acquiring; Business Solutions, and Corporate and Other segments. It provides merchant acquiring services, which enable point of sales and e-commerce merchants to accept and process electronic methods of payment, such as debit, credit, prepaid, and electronic benefit transfer (EBT) cards. The company also offers payment processing services that enable financial institutions and other issuers to manage, support, and facilitate the processing for credit, debit, prepaid, automated teller machines, and EBT card programs; credit and debit card processing, authorization and settlement, and fraud monitoring and control services to debit or credit issuers; and EBT services.[ Read More ]

The intrinsic value of one EVTC stock under the base case scenario is HIDDEN Compared to the current market price of 34.6 USD, EVERTEC, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart EVTC

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FINANCIALS
695 M REVENUE
12.34%
136 M OPERATING INCOME
-13.49%
79.7 M NET INCOME
-66.63%
224 M OPERATING CASH FLOW
0.42%
-508 M INVESTING CASH FLOW
-280.98%
403 M FINANCING CASH FLOW
357.24%
212 M REVENUE
-0.09%
41.5 M OPERATING INCOME
-4.20%
26.2 M NET INCOME
-17.77%
53.6 M OPERATING CASH FLOW
-43.84%
-15.3 M INVESTING CASH FLOW
45.71%
-44.5 M FINANCING CASH FLOW
35.90%
Balance Sheet Decomposition EVERTEC, Inc.
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Current Assets 561 M
Cash & Short-Term Investments 296 M
Receivables 135 M
Other Current Assets 130 M
Non-Current Assets 1.5 B
Long-Term Investments 37 M
PP&E 77.2 M
Other Non-Current Assets 1.38 B
Current Liabilities 298 M
Accounts Payable 66.5 M
Short-Term Debt 37.3 M
Other Current Liabilities 195 M
Non-Current Liabilities 1.13 B
Long-Term Debt 956 M
Other Non-Current Liabilities 171 M
EFFICIENCY
Earnings Waterfall EVERTEC, Inc.
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Revenue 695 M
Cost Of Revenue 337 M
Gross Profit 358 M
Operating Expenses 128 M
Operating Income 136 M
Other Expenses 56.4 M
Net Income 79.7 M
RATIOS
51.53% GROSS MARGIN
51.53%
19.60% OPERATING MARGIN
19.60%
11.48% NET MARGIN
11.48%
13.41% ROE
13.41%
3.87% ROA
3.87%
8.11% ROIC
8.11%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis EVERTEC, Inc.
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Net Income 79.7 M
Depreciation & Amortization 99.9 M
Capital Expenditures -85 M
Stock-Based Compensation 25.7 M
Change in Working Capital 21.6 M
Others -17.7 M
Free Cash Flow 139 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets EVERTEC, Inc.
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Wall Street analysts predict an average 1-year price target for EVTC of $28 , with forecasts ranging from a low of $28 to a high of $28 .
EVTC Lowest Price Target Wall Street Target
28 USD -19.17%
EVTC Average Price Target Wall Street Target
28 USD -19.17%
EVTC Highest Price Target Wall Street Target
28 USD -19.17%
4. DIVIDEND ANALYSIS
0.15% DIVIDEND YIELD
0.05 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership EVERTEC, Inc.
image
Sold
0-3 MONTHS
1.99 M USD 2
3-6 MONTHS
1.67 M USD 2
6-9 MONTHS
6.52 M USD 2
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
2 months ago
Aug 29, 2024
Sell 1.36 M USD
Vizcarrondo Miguel
Executive Vice President
- 40000
34.1065 USD
2 months ago
Aug 29, 2024
Sell 623 K USD
Perez-Surillo Paola
Executive Vice President
- 18253
34.1376 USD
3 months ago
Aug 01, 2024
Sell 1.26 M USD
Rodriguez-Gonzalez Luis A
General Counsel & EVP
- 36000
35.0996 USD
5 months ago
Jun 05, 2024
Sell 280 K USD
Polak Aldo J.
Director
- 8258
33.9093 USD
5 months ago
Jun 06, 2024
Sell 123 K USD
Polak Aldo J.
Director
- 3662
33.6 USD
8 months ago
Mar 11, 2024
Sell 599 K USD
D'ANGELO FRANK G.
Director
- 16000
37.427 USD
8 months ago
Mar 07, 2024
Sell 3.7 M USD
Schuessler Morgan M
President & CEO
- 99600
37.19 USD
8 months ago
Mar 07, 2024
Sell 15.2 K USD
Schuessler Morgan M
President & CEO
- 400
37.918 USD
8 months ago
Mar 08, 2024
Sell 2.2 M USD
Schuessler Morgan M
President & CEO
- 59514
37.025 USD
1 year ago
Aug 16, 2023
Sell 44.9 K USD
Viglianco Diego
EVP & Chief Operating Officer
- 1128
39.79 USD
1 year ago
Jul 31, 2023
Sell 127 K USD
Perez-Surillo Paola
Executive Vice President
- 3253
39.11 USD
1 year ago
May 19, 2023
Sell 543 K USD
Castrillo-Salgado Joaquin A.
EVP & CFO
- 15000
36.18 USD
1 year ago
May 15, 2023
Sell 232 K USD
Rodriguez-Gonzalez Luis A
General Counsel & EVP
- 6589
35.19 USD
1 year ago
Apr 28, 2023
Sell 1.02 M USD
Schuessler Morgan M
President & CEO
- 29578
34.61 USD
1 year ago
May 01, 2023
Sell 122 K USD
Schuessler Morgan M
President & CEO
- 3539
34.43 USD
1 year ago
Mar 09, 2023
Sell 974 K USD
Schuessler Morgan M
President & CEO
- 27101
35.94 USD
1 year ago
Mar 10, 2023
Sell 452 K USD
Schuessler Morgan M
President & CEO
- 13100
34.51 USD
2 years ago
Aug 15, 2022
Sell 195 M USD
POPULAR, INC.
10 percent owner
- 6262293
31.12 USD
2 years ago
Aug 15, 2022
Sell 25 M USD
POPULAR, INC.
director:
- 803341
31.12 USD
2 years ago
May 16, 2022
Sell 347 K USD
Rodriguez-Gonzalez Luis A
director: General Counsel & EVP
- 9238
37.57 USD
2 years ago
May 04, 2022
Sell 47.3 K USD
Viglianco Diego
director: EVP & Chief Operating Officer
- 1168
40.5 USD
2 years ago
Apr 07, 2022
Sell 253 K USD
Perez-Surillo Paola
director: Executive Vice President
- 6316
40.01 USD
5 years ago
Mar 05, 2019
Sell 80.4 K USD
Rospigliosi Guillermo
Executive Vice President
- 2870
28 USD
2 years ago
Mar 18, 2022
Sell 680 K USD
Rospigliosi Guillermo
Executive Vice President
- 15982
42.52 USD
2 years ago
Mar 09, 2022
Sell 601 K USD
Del Castillo Rodrigo
director: Executive Vice President
- 15573
38.62 USD
2 years ago
Mar 08, 2022
Sell 951 K USD
Castrillo-Salgado Joaquin A.
director: EVP & CFO
- 25000
38.03 USD
2 years ago
Mar 08, 2022
Sell 1.74 M USD
Schuessler Morgan M
President & CEO
- 46021
37.85 USD
2 years ago
Mar 08, 2022
Sell 40.7 K USD
Schuessler Morgan M
President & CEO
- 1056
38.51 USD
2 years ago
Mar 09, 2022
Sell 396 K USD
Schuessler Morgan M
President & CEO
- 10309
38.43 USD
2 years ago
Mar 08, 2022
Sell 696 K USD
Schuessler Morgan M
director: President & CEO
- 18028
38.63 USD
2 years ago
Mar 10, 2022
Sell 2.81 M USD
Schuessler Morgan M
President & CEO
- 74586
37.65 USD
3 years ago
Sep 15, 2021
Sell 658 K USD
Rodriguez-Gonzalez Luis A
General Counsel & EVP
- 14517
45.36 USD
3 years ago
Jul 01, 2021
Sell 1.09 M USD
Vizcarrondo Miguel
Executive Vice President
- 25000
43.79 USD
3 years ago
Apr 26, 2021
Sell 1.2 M USD
Steurer Philip E.
EVP & COO
- 30000
39.99 USD
3 years ago
Mar 18, 2021
Sell 964 K USD
Rospigliosi Guillermo
Executive Vice President
- 24444
39.43 USD
3 years ago
Mar 09, 2021
Sell 2.74 M USD
Schuessler Morgan M
President & CEO
- 75000
36.48 USD
3 years ago
Mar 10, 2021
Sell 2.75 M USD
Schuessler Morgan M
President & CEO
- 75000
36.63 USD
3 years ago
Mar 11, 2021
Sell 412 K USD
Schuessler Morgan M
President & CEO
- 11101
37.13 USD
3 years ago
Mar 09, 2021
Sell 855 K USD
Rodriguez-Gonzalez Luis A
director: General Counsel & EVP
- 23389
36.54 USD
3 years ago
Mar 09, 2021
Sell 855 K USD
Rodriguez-Gonzalez Luis A
General Counsel & EVP
- 23389
36.54 USD
3 years ago
Mar 09, 2021
Sell 223 K USD
Perez-Surillo Paola
director: Executive Vice President
- 6090
36.57 USD
3 years ago
Jan 19, 2021
Sell 497 K USD
Perez-Surillo Paola
Executive Vice President
- 12955
38.35 USD
3 years ago
Jan 19, 2021
Sell 1.16 M USD
Steurer Philip E.
EVP & COO
- 30000
38.57 USD
3 years ago
Jan 04, 2021
Sell 949 K USD
Vizcarrondo Miguel
Executive Vice President
- 25000
37.98 USD
3 years ago
Dec 18, 2020
Sell 20.6 K USD
Castrillo-Salgado Joaquin A.
EVP & CFO
- 500
41.29 USD
3 years ago
Dec 22, 2020
Sell 2.89 M USD
Schuessler Morgan M
President & CEO
- 72784
39.74 USD
3 years ago
Dec 21, 2020
Sell 3.05 M USD
Schuessler Morgan M
President & CEO
- 75000
40.66 USD
3 years ago
Dec 17, 2020
Sell 818 K USD
D'ANGELO FRANK G.
Director
- 20000
40.92 USD
3 years ago
Dec 16, 2020
Sell 533 K USD
Rospigliosi Guillermo
Executive Vice President
- 13192
40.37 USD
3 years ago
Dec 16, 2020
Sell 1.6 M USD
Ramirez Carlos J.
Executive Vice President
- 40000
40.01 USD
3 years ago
Dec 16, 2020
Sell 670 K USD
Rodriguez-Gonzalez Luis A
General Counsel & EVP
- 16631
40.29 USD
3 years ago
Dec 18, 2020
Sell 87.2 K USD
Castrillo-Salgado Joaquin A.
EVP & CFO
- 2088
41.78 USD
3 years ago
Dec 16, 2020
Sell 2.01 M USD
Vizcarrondo Miguel
director: Executive Vice President
- 50000
40.28 USD
4 years ago
Dec 02, 2019
Sell 417 K USD
Rodriguez-Gonzalez Luis A
director: General Counsel & EVP
- 13000
32.06 USD
4 years ago
Dec 02, 2019
Sell 417 K USD
Rodriguez-Gonzalez Luis A
General Counsel & EVP
- 13000
32.06 USD
4 years ago
Nov 22, 2019
Sell 905 K USD
Schuessler Morgan M
President & CEO
- 28948
31.28 USD
5 years ago
Jun 03, 2019
Sell 372 K USD
Rodriguez-Gonzalez Luis A
General Counsel & EVP
- 13000
28.6 USD
5 years ago
May 03, 2019
Sell 822 K USD
Steurer Philip E.
EVP & COO
- 27940
29.41 USD
5 years ago
Mar 13, 2019
Sell 42.2 K USD
Rivera-Ramirez Diana I.
Corporate Comptroller
- 1500
28.1 USD
5 years ago
Mar 08, 2019
Sell 81.3 K USD
Rivera-Ramirez Diana I.
Corporate Comptroller
- 3000
27.1 USD
5 years ago
Mar 06, 2019
Sell 4.11 M USD
Schuessler Morgan M
President & CEO
- 152221
27.01 USD
5 years ago
Feb 21, 2019
Sell 282 K USD
D'ANGELO FRANK G.
Director
- 10000
28.2 USD
5 years ago
Feb 21, 2019
Sell 657 K USD
Steurer Philip E.
EVP & COO
- 25000
26.27 USD
5 years ago
Dec 20, 2018
Sell 78.4 K USD
LOUBRIEL TERE
Director
- 2900
27.04 USD
5 years ago
Dec 13, 2018
Sell 1.09 M USD
Vizcarrondo Miguel
Executive Vice President
- 40000
27.33 USD
5 years ago
Dec 06, 2018
Sell 1.17 M USD
Ramirez Carlos J.
Executive Vice President
- 44378
26.342 USD
6 years ago
Nov 14, 2018
Sell 3.01 M USD
Schuessler Morgan M
President & CEO
- 108927
27.6 USD
6 years ago
Nov 15, 2018
Sell 1.87 M USD
Schuessler Morgan M
President & CEO
- 67995
27.5 USD
6 years ago
Sep 13, 2018
Sell 486 K USD
Vizcarrondo Miguel
Executive Vice President
- 20000
24.306 USD
6 years ago
Sep 07, 2018
Sell 713 K USD
Vizcarrondo Miguel
Executive Vice President
- 30000
23.7573 USD
6 years ago
Sep 10, 2018
Sell 282 K USD
Rodriguez-Gonzalez Luis A
General Counsel & EVP
- 12000
23.4769 USD
6 years ago
Sep 10, 2018
Sell 35.3 K USD
Rivera-Ramirez Diana I.
Corporate Comptroller
- 1500
23.55 USD
6 years ago
Aug 09, 2018
Sell 97.4 K USD
Steurer Philip E.
EVP & COO
- 3958
24.6 USD
6 years ago
Aug 10, 2018
Sell 147 K USD
Steurer Philip E.
EVP & COO
- 6042
24.25 USD
8 years ago
Aug 11, 2016
Bought 50 K USD
Rospigliosi Guillermo
Executive Vice President
+ 2870
17.41 USD
7 years ago
Nov 29, 2016
Sell 909 K USD
Ramirez Carlos J.
Executive Vice President
- 50499
18 USD
7 years ago
Nov 23, 2016
Sell 510 K USD
Vizcarrondo Miguel
Executive Vice President
- 30000
17 USD
9 years ago
Sep 21, 2015
Sell 687 K USD
Ramirez Carlos J.
Executive Vice President
- 37500
18.3104 USD
9 years ago
Sep 21, 2015
Sell 687 K USD
Ramirez Carlos J.
Executive Vice President
- 37500
18.3104 USD
9 years ago
Jun 22, 2015
Sell 1.14 M USD
Ramirez Carlos J.
Executive Vice President
- 50000
22.864 USD
9 years ago
May 07, 2015
Sell 1.1 M USD
Vizcarrondo Miguel
Executive Vice President
- 50000
22.0558 USD
9 years ago
Apr 20, 2015
Sell 532 K USD
Ramirez Carlos J.
Executive Vice President
- 25000
21.2706 USD
9 years ago
Apr 21, 2015
Sell 528 K USD
Ramirez Carlos J.
Executive Vice President
- 25000
21.1314 USD
9 years ago
Mar 06, 2015
Sell 74.1 K USD
Ramirez Carlos J.
Executive Vice President
- 3367
22 USD
9 years ago
Mar 06, 2015
Sell 74.1 K USD
Ramirez Carlos J.
Executive Vice President
- 3367
22 USD
9 years ago
Dec 18, 2014
Sell 231 K USD
Harrington Peter
President & CEO
- 10411
22.1762 USD
9 years ago
Dec 11, 2014
Sell 126 K USD
Harrington Peter
President & CEO
- 5637
22.3507 USD
9 years ago
Dec 08, 2014
Sell 236 K USD
Harrington Peter
President & CEO
- 10500
22.4594 USD
9 years ago
Dec 10, 2014
Sell 1.12 K USD
Harrington Peter
President & CEO
- 50
22.4 USD
9 years ago
Dec 04, 2014
Sell 2.27 M USD
Harrington Peter
President & CEO
- 102402
22.2028 USD
9 years ago
Dec 05, 2014
Sell 753 K USD
Harrington Peter
President & CEO
- 33608
22.399 USD
9 years ago
Nov 26, 2014
Sell 783 K USD
Harrington Peter
President & CEO
- 35046
22.3383 USD
9 years ago
Nov 28, 2014
Sell 1.61 M USD
Harrington Peter
President & CEO
- 72344
22.3021 USD
9 years ago
Nov 24, 2014
Sell 1.41 M USD
Steurer Philip E.
Executive Vice President & COO
- 65738
21.5015 USD
9 years ago
Nov 24, 2014
Sell 1.41 M USD
Steurer Philip E.
Executive Vice President & COO
- 65738
21.5015 USD
9 years ago
Nov 25, 2014
Sell 55.1 K USD
Steurer Philip E.
Executive Vice President & COO
- 2500
22.05 USD
9 years ago
Nov 25, 2014
Sell 55.1 K USD
Steurer Philip E.
Executive Vice President & COO
- 2500
22.05 USD
9 years ago
Nov 20, 2014
Bought 22 USD
Harrington Peter
President & CEO
+ 1
22.02 USD
9 years ago
Nov 20, 2014
Bought 17.2 USD
Harrington Peter
President & CEO
+ 1
17.19 USD
10 years ago
Nov 13, 2014
Sell 72.8 K USD
Ramirez Carlos J.
Executive Vice President
- 3300
22.0627 USD
10 years ago
Sep 25, 2014
Sell 553 K USD
Steurer Philip E.
Executive Vice President & COO
- 25000
22.1294 USD
10 years ago
Aug 26, 2014
Sell 594 K USD
Ramirez Carlos J.
Executive Vice President
- 25899
22.9408 USD
10 years ago
Aug 26, 2014
Sell 594 K USD
Ramirez Carlos J.
Executive Vice President
- 25899
22.9408 USD
10 years ago
Aug 27, 2014
Sell 255 K USD
Ramirez Carlos J.
Executive Vice President
- 11101
22.9778 USD
10 years ago
Aug 27, 2014
Sell 255 K USD
Ramirez Carlos J.
Executive Vice President
- 11101
22.9778 USD
10 years ago
Jun 25, 2014
Sell 546 K USD
Roman Jimenez Juan Jose
Executive Vice President & CFO
- 22000
24.8032 USD
10 years ago
Jun 24, 2014
Sell 1.25 M USD
Harrington Peter
President & CEO
- 50000
25.0497 USD
10 years ago
May 28, 2014
Sell 40.8 K USD
Roman Jimenez Juan Jose
Executive Vice President & CFO
- 1700
24 USD
10 years ago
May 12, 2014
Sell 807 K USD
Vizcarrondo Miguel
Executive Vice President
- 35000
23.0436 USD
10 years ago
May 12, 2014
Sell 917 K USD
Ramirez Carlos J.
Executive Vice President
- 40000
22.9364 USD
10 years ago
Mar 25, 2014
Sell 551 K USD
Harrington Peter
President and CEO
- 22000
25.05 USD
10 years ago
Mar 26, 2014
Sell 697 K USD
Harrington Peter
President and CEO
- 28000
24.8799 USD
7. News
EVTC vs. MA: Which Stock Is the Better Value Option? Investors interested in stocks from the Financial Transaction Services sector have probably already heard of Evertec (EVTC) and MasterCard (MA). But which of these two stocks is more attractive to value investors? zacks.com - 3 days ago
Are Investors Undervaluing Evertec (EVTC) Right Now? Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks. zacks.com - 3 days ago
EVERTEC, Inc. (EVTC) Q3 2024 Earnings Call Transcript EVERTEC, Inc. (NYSE:EVTC ) Q3 2024 Earnings Call Transcript November 6, 2024 4:30 PM ET Company Participants Beatriz Brown-Saenz - Investor Relations Mac Schuessler - President, Chief Executive Officer Joaquin Castrillo - Chief Financial Officer Conference Call Participants Nate Stevenson - Deutsche Bank Cris Kennedy - William Blair Vasu Govil - KBW Jamie Friedman - Susquehanna John Davis - Raymond James Shefali Tamaskar - Morgan Stanley Operator Good afternoon, everyone, and welcome to the EVERTEC's Third Quarter 2024 Earnings Conference Call. Today's conference call is being recorded. seekingalpha.com - 1 week ago
Evertec (EVTC) Reports Q3 Earnings: What Key Metrics Have to Say The headline numbers for Evertec (EVTC) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals. zacks.com - 1 week ago
Evertec (EVTC) Q3 Earnings and Revenues Beat Estimates Evertec (EVTC) came out with quarterly earnings of $0.86 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.80 per share a year ago. zacks.com - 1 week ago
EVERTEC to Announce Third Quarter 2024 Financial Results on November 6, 2024 SAN JUAN, Puerto Rico--(BUSINESS WIRE)--EVERTEC, Inc. (NYSE: EVTC) (“Evertec” or the “Company”) today announced that it will host a conference call and webcast on Wednesday, November 6, 2024 at 4:30 p.m. ET to review third quarter financial results. Participating on the call will be Mac Schuessler, President and Chief Executive Officer, and Joaquin Castrillo, Chief Financial Officer. A press release with third quarter 2024 financial results will be issued shortly after the market closes on Wedn. businesswire.com - 3 weeks ago
EVERTEC Declares Quarterly Dividend on Common Stock SAN JUAN, Puerto Rico--(BUSINESS WIRE)--EVERTEC, Inc. (NYSE: EVTC) (“EVERTEC” or the “Company”) today announced that its Board of Directors (the “Board”) declared a regular quarterly dividend of $0.05 per share on October 17, 2024 to be paid on December 6, 2024 to stockholders of record as of October 28, 2024. EVERTEC's Board anticipates declaring this dividend in future quarters on a regular basis; however, future declarations are subject to the Board's approval and may be adjusted as business. businesswire.com - 4 weeks ago
EVTC or EFX: Which Is the Better Value Stock Right Now? Investors looking for stocks in the Financial Transaction Services sector might want to consider either Evertec (EVTC) or Equifax (EFX). But which of these two companies is the best option for those looking for undervalued stocks? zacks.com - 2 months ago
EVTC vs. EFX: Which Stock Is the Better Value Option? Investors with an interest in Financial Transaction Services stocks have likely encountered both Evertec (EVTC) and Equifax (EFX). But which of these two companies is the best option for those looking for undervalued stocks? zacks.com - 2 months ago
EVTC vs. EFX: Which Stock Should Value Investors Buy Now? Investors interested in Financial Transaction Services stocks are likely familiar with Evertec (EVTC) and Equifax (EFX). But which of these two stocks presents investors with the better value opportunity right now? zacks.com - 3 months ago
EVERTEC, Inc. (EVTC) Q2 2024 Earnings Call Transcript EVERTEC, Inc. (EVTC) Q2 2024 Earnings Call Transcript seekingalpha.com - 3 months ago
Here's What Key Metrics Tell Us About Evertec (EVTC) Q2 Earnings While the top- and bottom-line numbers for Evertec (EVTC) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values. zacks.com - 3 months ago
8. Profile Summary

EVERTEC, Inc. EVTC

image
COUNTRY US
INDUSTRY Software - Infrastructure
MARKET CAP $ 2.2 B
Dividend Yield 0.15%
Description EVERTEC, Inc. engages in transaction processing business in Latin America and the Caribbean. The company operates through Payment Services - Puerto Rico & Caribbean; Payment Services - Latin America; Merchant Acquiring; Business Solutions, and Corporate and Other segments. It provides merchant acquiring services, which enable point of sales and e-commerce merchants to accept and process electronic methods of payment, such as debit, credit, prepaid, and electronic benefit transfer (EBT) cards. The company also offers payment processing services that enable financial institutions and other issuers to manage, support, and facilitate the processing for credit, debit, prepaid, automated teller machines, and EBT card programs; credit and debit card processing, authorization and settlement, and fraud monitoring and control services to debit or credit issuers; and EBT services. In addition, it provides business process management solutions comprising core bank processing, network hosting and management, IT consulting, business process outsourcing, item and cash processing, and fulfillment solutions to financial institutions, and corporate and government customers. Further, the company owns and operates the ATH network, an automated teller machine and personal identification number debit networks. It manages a system of electronic payment networks that process approximately three billion transactions. The company sells and distributes its services primarily through direct sales force. It serves financial institutions, merchants, corporations, and government agencies. EVERTEC, Inc. was founded in 1988 and is headquartered in San Juan, Puerto Rico.
Contact Cupey Center Building, San Juan, PR, 00926 https://www.evertecinc.com
IPO Date April 12, 2013
Employees 5000
Officers Ms. Karla M. Cruz-Jusino Senior Vice President, Chief Accounting Officer & Assistant Treasurer Mr. Daniel Brignardello Executive Vice President & Group Head of Latin America Mr. Rodrigo Del Castillo Chief Commercial Officer for Latin America Mr. Alberto Lopez Gaffney Chief Corporate Development Officer & Executive Vice President of Corporate Development Mr. Diego Viglianco Executive Vice President & Chief Operating Officer Mr. Claudio Almeida Prado Group Head of Brazil Ms. Paola Pérez Surillo Executive Vice President & Group Head of Puerto Rico Ms. Alexandra López-Soler Executive Vice President & Chief Marketing Officer Mr. Miguel Vizcarrondo Carrión Executive Vice President and Chief Product & Innovation Officer Mr. Morgan M. Schuessler Jr. President, Chief Executive Officer & Director