Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $21.86 USD
Change Today 0.00 / 0.00%
Volume 212.3K
EVTC On Other Exchanges
Symbol
Exchange
New York
Munich
OTC US
Xetra
OTC US
Frankfurt
As of 8:04 PM 03/26/15 All times are local (Market data is delayed by at least 15 minutes).

evertec inc (EVTC) Snapshot

Open
$21.86
Previous Close
$21.86
Day High
$22.03
Day Low
$21.75
52 Week High
06/24/14 - $25.34
52 Week Low
02/19/15 - $19.36
Market Cap
1.7B
Average Volume 10 Days
284.0K
EPS TTM
$0.92
Shares Outstanding
77.9M
EX-Date
02/26/15
P/E TM
23.9x
Dividend
$0.40
Dividend Yield
1.83%
Current Stock Chart for EVERTEC INC (EVTC)

evertec inc (EVTC) Related Businessweek News

No Related Businessweek News Found

evertec inc (EVTC) Details

EVERTEC, Inc. provides various transaction processing services to financial institutions, merchants, corporations, and government agencies in Latin America and the Caribbean. The company operates in three segments: Merchant Acquiring, Payment Processing, and Business Solutions. The Merchant Acquiring segment provides various merchant acquiring services, which enable point of sales (POS), and e-commerce merchants to accept and process electronic methods of payment, such as debit, credit, prepaid, and electronic benefit transfer (EBT) cards. The Payment Processing segment provides authorization, processing, management, and recording of automated teller machine (ATM) and POS transactions, as well as ATM management and monitoring services. It also offers card processing services, including credit and debit card processing, authorization and settlement, and fraud monitoring and control services to debit or credit issuers; payment processing services comprising payment and billing products for merchants, businesses, and financial institutions; and EBT services. The Business Solutions segment provides business process management solutions comprising core bank processing, network hosting and management, IT consulting services, business process outsourcing, item and cash processing, and fulfillment solutions. EVERTEC, Inc. manages a system of electronic payment networks that process approximately two billion transactions. The company was formerly known as Carib Latam Holdings, Inc. EVERTEC, Inc. is headquartered in San Juan, Puerto Rico.

1,700 Employees
Last Reported Date: 03/2/15

evertec inc (EVTC) Top Compensated Officers

Chief Financial Officer, Principal Financial ...
Total Annual Compensation: $390.6K
Head of Business Solutions and Executive Vice...
Total Annual Compensation: $244.8K
Head of Merchant Acquiring Business & Payment...
Total Annual Compensation: $244.8K
Chief Information Officer and Executive Vice ...
Total Annual Compensation: $183.9K
Compensation as of Fiscal Year 2013.

evertec inc (EVTC) Key Developments

EVERTEC, Inc. Declares Regular Quarterly Dividend, Payable on March 19, 2015

EVERTEC, Inc. announced that its Board of Directors has declared a regular quarterly dividend of $0.10 per share to be paid on March 19, 2015 to stockholders of record as of March 2, 2015.

EVERTEC, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the Full Year 2015

EVERTEC, Inc. announced unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total revenues of $93,484,000 compared to $93,503,000 in the prior year. Income from operations was $20,570,000 against $26,560,000 a year ago. Income before income taxes was $14,835,000 against $21,652,000 a year ago. Net income was $12,462,000 or $0.16 per basic and diluted share against $20,039,000 or $0.24 per diluted share a year ago. EBITDA was $37,584,000 against $45,302,000 a year ago. Adjusted EBITDA was $47,538,000 against $49,114,000 a year ago. Adjusted net income was $34,409,000 or $0.44 per basic and diluted share against $35,370,000 or $0.43 per diluted share a year ago. Revenue is impacted primarily by lower hardware and software sales. The decrease in adjusted EBITDA was primarily due to a $1.1 million decline in other income; and $0.6 million lower dividends received from investees as compared to 2013. For the year, the company reported total revenues of $361,129,000 compared to $358,017,000 in the prior year. Income from operations was $97,348,000 against $85,761,000 a year ago. Income before income taxes was $75,110,000 against loss before income taxes of $26,611,000 a year ago. Net income was $67,532,000 or $0.86 per basic and diluted share against net loss of $24,621,000 or $0.31 per basic and diluted share a year ago. EBITDA was $166,851,000 against $81,380,000 a year ago. Adjusted EBITDA was $182,812,000 against $177,715,000 a year ago. Adjusted net income was $129,967,000 or $1.65 per diluted share against $121,275,000 or $1.49 per diluted share a year ago. Net cash provided by operating activities was $139,948,000 against $62,867,000 a year ago. Property and equipment acquired was $10,898,000 against $11,486,000 a year ago. The increase in EPS primarily due to lower-than-expected reseller of hardware and license software sales in Business Solutions segment. For 2015, the company expects total consolidated revenue between $368 million and $372 million for growth of 2% to 3%. The company expects adjusted EBITDA growth rate will be between 3% and 4% in 2015, driven by revenue growth, a continuation of cost control discipline and operating leverage in payment businesses. The company also expects fully diluted earnings per share to come in between $1.68 and $1.72 in 2015, representing growth of 2% to 4%. Fully diluted earnings per share outlook assumes operating depreciation and amortization of approximately $31 million, up $1.5 million versus 2014; cash interest expense of approximately $23 million, up $1 million versus prior year; and cash income tax of approximately $5 million, up $4 million versus last year. Effective tax rate on a GAAP basis to be between 10% and 12%.

EVERTEC, Inc. Appoints Brian J. Smith to the Board of Directors

EVERTEC, Inc. announced that Brian J. Smith has been appointed to the company's board of directors as an independent director, effective February 13, 2015. Mr. Smith currently serves as Group President of Latin America (Central America, South America, Mexico and the Caribbean) for The Coca-Cola Company, a position he has held since January 2013.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
EVTC:US $21.86 USD 0.00

EVTC Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Fidelity National Information Services Inc $67.42 USD -0.12
Fiserv Inc $78.43 USD +0.60
Global Payments Inc $89.86 USD +0.39
Total System Services Inc $37.88 USD -0.18
Vantiv Inc $37.45 USD -0.17
View Industry Companies
 

Industry Analysis

EVTC

Industry Average

Valuation EVTC Industry Range
Price/Earnings 25.5x
Price/Sales 4.7x
Price/Book 14.2x
Price/Cash Flow 12.8x
TEV/Sales 2.7x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact EVERTEC INC, please visit www.evertecinc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.