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Last $44.51 USD
Change Today +0.11 / 0.25%
Volume 934.2K
VNTV On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 8:04 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

vantiv inc - cl a (VNTV) Snapshot

Open
$44.22
Previous Close
$44.40
Day High
$44.72
Day Low
$43.71
52 Week High
08/18/15 - $45.81
52 Week Low
10/15/14 - $29.35
Market Cap
8.4B
Average Volume 10 Days
1.1M
EPS TTM
$1.09
Shares Outstanding
146.2M
EX-Date
--
P/E TM
40.7x
Dividend
--
Dividend Yield
--
Current Stock Chart for VANTIV INC - CL A (VNTV)

vantiv inc - cl a (VNTV) Related Businessweek News

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vantiv inc - cl a (VNTV) Details

Vantiv, Inc., through its subsidiary, Vantiv Holding, LLC. provides payment processing services in the United States. It operates through two segments, Merchant Services and Financial Institution Services. The Merchant Services segment offers merchant acquiring and payment processing services, such as authorization and settlement, customer service, chargeback and retrieval processing, and interchange management to merchants, and regional and small-to-mid sized businesses. This segment also provides value-added services, such as omni-channel acceptance, prepaid services, and gift card solutions, as well as security solutions, such as encryption and tokenization at the point of sale and for ecommerce transactions. The Financial Institution Services segment provides card issuer processing, payment network processing, fraud protection, card production, prepaid program management, automated teller machine driving, portfolio optimization, data analytics, and card program marketing, as well as network gateway and switching services. It also provides statement production, and collections and inbound/outbound call centers for credit transactions, as well as other services, which include credit card portfolio analytics, program strategy and support, fraud and security management, and chargeback and dispute services. This segment serves financial institutions comprising regional banks, community banks, credit unions, and regional personal identification number networks. The company markets its services through various distribution channels, including national, regional, and mid-market sales teams, as well as through third-party reseller clients and telesales operation. Vantiv, Inc. was incorporated in 2009 and is headquartered in Cincinnati, Ohio.

3,299 Employees
Last Reported Date: 02/12/15
Founded in 2009

vantiv inc - cl a (VNTV) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $800.0K
Chief Operating & Financial Officer, Senior E...
Total Annual Compensation: $466.2K
Group President of Merchant & Financial Insti...
Total Annual Compensation: $386.6K
Chief Strategy & Product Officer
Total Annual Compensation: $350.0K
Compensation as of Fiscal Year 2014.

vantiv inc - cl a (VNTV) Key Developments

Vantiv, Inc. Announces Earnings Results for the Second Quarter Ended June 30, 2015; Provides Earnings Guidance for the Third Quarter and Full Year of 2015

Vantiv, Inc. announced earnings results for the second quarter ended June 30, 2015. Revenue increased 29% to $786.0 million in the second quarter as compared to $608.7 million in the prior year period. Net revenue increased 28% to $423.6 million in the second quarter as compared to $331.3 million in the prior year period, primarily due to strong growth in Merchant Services segment. On a GAAP basis, net income attributable to Vantiv, Inc. was $36.5 million or $0.24 per diluted share in the second quarter as compared to loss of $1.4 million or $0.01 per diluted share in the prior year period. Pro forma adjusted net income increased 22% to $112.8 million in the second quarter as compared to $92.7 million in the prior year period. Pro forma adjusted net income per share increased 19% to $0.56 in the second quarter as compared to $0.47 in the prior year period. Net revenue upside was primarily driven by growth in the Merchant segment, up 37% year-over-year. Organic growth within the Merchant expanded again this quarter, reaching 11% on a pro forma basis, reflecting strong execution in that core business, as well as ability to successfully expand at the high-growth channels and verticals. Based on the current level of transaction trends and new business activity, net revenue for the third quarter of 2015 is expected to be $410 to $415 million, representing an increase of 8% to 9% above the prior year period. Pro forma adjusted net income per share for the third quarter of 2015 is expected to be $0.54 to $0.56, representing an increase of 10% to 14% above the prior year period. GAAP net income per share attributable to Vantiv, Inc. is expected to be $0.23 to $0.25 for the third quarter of 2015. Based on strong performance year-to-date and outlook for the third quarter, full-year 2015 expectations have increased. Net revenue for the full-year 2015 is expected to be $1,625 to $1,645 million, representing growth of 16% to 17% above the prior year. Pro forma adjusted net income per share for the full-year 2015 is expected to be $2.15 to $2.20, representing growth of 15% to 18% above the prior year. GAAP net income per share attributable to Vantiv, Inc. is expected to be $0.90 to $0.95 for the full-year 2015.

PYMNTS.com Introduces New PYMNTS.Com OmniReadi Index Powered by Vantiv, Inc

PYMNTS.com and Vantiv, Inc. released the first “PYMNTS.com OmniReadi Index powered by Vantiv.” The new Index, which will be released quarterly, is designed to measure the consistency of merchant’s omnichannel strategies – measured by real shopping experiences, to determine if the mobile channel is helping, hurting or simply neutral to the overall consumer experience. According to the OmniReadi Index, the average score by each merchant measured on a scale of 1 (low) to 100 (high), was 64. The entertainment and electronics vertical scored among the high at 70. The OmniReadi Index includes in-depth research done by analysts in Boston, Chicago, Los Angeles, and Seattle who shopped businesses across three channels – web, mobile app and in-store. They captured data on 130 attributes of more than 100 retailers, which represents almost 50% of the total U.S. retail sales in eight merchant segments, including apparel, grocery, electronics and entertainment and sporting goods.

Vantiv, Inc. Announces Executive Changes

On July 9, 2015, Greg Carmichael resigned as a director of Vantiv, Inc. in order to focus on additional duties currently being assumed by Mr. Carmichael as part of the transition of his role at Fifth Third Bancorp (Fifth Third). Mr. Carmichael currently serves as President and Chief Operating Officer of Fifth Third. Mr. Carmichael was one of the two Class B directors of the company. There were no disagreements between the company and Mr. Carmichael that led to his decision to resign. On July 9, 2015, Tayfun Tuzun, Executive Vice President and Chief Financial Officer of Fifth Third, was elected to the company's board of directors. Mr. Tuzun was elected to fill the Class B vacancy resulting from Mr. Carmichael's resignation by the company's remaining Class B director pursuant to the company's Amended and Restated Certificate of Incorporation. Mr. Tuzun will hold office for the remainder of Mr. Carmichael's term, which expires at the company's 2018 annual meeting of stockholders.

 

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Industry Analysis

VNTV

Industry Average

Valuation VNTV Industry Range
Price/Earnings 64.8x
Price/Sales 2.2x
Price/Book 6.6x
Price/Cash Flow 19.8x
TEV/Sales 1.5x
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