EVERTEC, Inc. (EVTC)

USD 33.67

(-3.39%)

Market Cap (In USD)

2.14 Billion

Revenue (In USD)

694.7 Million

Net Income (In USD)

79.72 Million

Avg. Volume

481.65 Thousand

Currency
USD
Country
Technology
Open
-
Prev. Close
-
Day Range
-
Year Range
28.76-42.21
PE
-
EPS
-
Beta Value
1.156
ISIN
PR30040P1032
CUSIP
30040P103
CIK
1559865
Shares
-
Earnings Annoncement
-

Company Profile

Sector
Technology
Industry
Software - Infrastructure
CEO
Mr. Morgan M. Schuessler Jr.
Employee Count
-
Website
https://www.evertecinc.com
Ipo Date
2013-04-12
Details
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.