Stock events for EVERTEC, Inc. (EVTC)
Over the past six months, EVERTEC's stock price has experienced fluctuations, with a decrease in market capitalization by -5.70% to $1.76 billion. Key events include the Third Quarter 2025 results, where EVERTEC reported an 8% increase in revenue and a 33% increase in GAAP Net Income. The company completed the acquisition of Tecnobank Tecnologia Bancária S.A. and declared a quarterly dividend on common stock. EVERTEC also announced its acquisition of Dimensa for R$950 million, subject to CADE's approval.
Demand Seasonality affecting EVERTEC, Inc.’s stock price
While data on "EVTC Seasonality" exists to identify seasonal patterns in monthly returns, specific details regarding the nature of these seasonal demand patterns for EVERTEC's products and services were not provided.
Overview of EVERTEC, Inc.’s business
EVERTEC, Inc. is a full-service transaction processor and financial technology provider operating in Latin America, Puerto Rico, and the Caribbean. The company operates in the payment processing industry, providing merchant acquiring, payment processing, and business solutions services. EVERTEC manages electronic payment networks that process billions of transactions annually. Major products and services include merchant acquiring, enabling merchants to accept electronic payments; payment processing, offering services for debit, credit, and other electronic payment methods, including the ATH® network; business solutions, providing services such as core bank processing and technology outsourcing; and digital payment solutions, including ATH Móvil and Virtual Core Banking.
EVTC’s Geographic footprint
EVERTEC's operations are centered in Puerto Rico and extend across 26 Latin American countries and the Caribbean.
EVTC Corporate Image Assessment
EVERTEC has maintained a strong brand reputation over the past year, marked by industry recognition. In 2024, the company was recognized as "FinTech Innovator of the Year" and received the "Partner of the Year" award. MarketBeat's MarketRank™ scored EVERTEC higher than 90% of evaluated companies, ranking it 43rd out of 306 stocks in the business services sector.
Ownership
Institutional investors hold a significant majority of EVERTEC's stock, accounting for 97.75% of ownership. Major institutional shareholders include Fmr Llc, Blackrock, Inc., and Vanguard Group Inc. Insider ownership constitutes a smaller percentage, holding 1.65% of the total share count. Key individual insider shareholders include President & CEO Morgan M Schuessler, Executive Vice President Miguel Vizcarrondo, and EVP & CFO Joaquin A. Castrillo-Salgado.
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$25.97