EVERTEC, Inc.
New York Stock ExchangeCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Morgan Schuessler Jr.
- Full Time Employees
- 4,800
- Sector
- Technology
- Industry
- Software - Infrastructure
- Address
- Cupey Center Building San Juan PR United States of America 00926
- IPO Date
- Apr 12, 2013
- CIK
- 0001559865
- Website
- evertecinc.com
- Similar Companies
- Business
- EVERTEC, Inc. delivers comprehensive transaction processing and financial technology services across Latin America and the Caribbean. Headquartered in San Juan, Puerto Rico, the company’s operations are structured through various segments including payment services for Puerto Rico and the Caribbean, Latin American payment solutions, merchant acquiring, and business solutions. Evertec facilitates electronic payments for merchants at point-of-sale and online, supporting various card types such as debit, credit, prepaid, and electronic benefit transfers. The firm also provides critical payment processing services to financial institutions and other issuers, encompassing management, support, and infrastructure for credit, debit, and prepaid card programs, as well as authorization, settlement, and fraud detection. A significant asset is its ownership and operation of the ATH network, a prominent personal identification number (PIN) debit network in Latin America, which includes the popular ATH Móvil mobile payment service. Beyond payments, Evertec offers business process management solutions, including core banking platforms, network hosting and management, IT consulting, and outsourcing services to financial, corporate, and governmental clients. The company leverages a direct sales force to reach its diverse clientele, processing over ten billion transactions annually. Recent strategic growth includes acquiring a controlling stake in Tecnobank Tecnologia Bancária S.A. in Brazil in late 2025, which bolstered its presence in digital vehicle financing. Furthermore, the 2024 acquisitions of Nubity and Grandata enhanced Evertec’s cloud technology and data analytics capabilities, respectively. Established in 1988, Evertec’s robust model generates revenue primarily through transaction fees, subscription services, and licensing, supported by long-term client contracts.
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