Evertec Inc (Evertec) is a technology and communication company that provides transaction processing services. The company’s services include payment processing, merchant acquiring and business process management. Its payment processing services comprise card issuing and acquiring processing, ATH network, payment solutions, electronic benefit transfer services, ATM and POS processing, electronic payment services and others. Evertec provides business process management solutions including telephone services, infrastructure and cloud management; information technology professional services, document processing, cash processing and others. The company serves a customer base of merchants, corporations, financial institutions and government agencies. It operates in Dominican Republic, Mexico, Guatemala, Costa Rica, Panama, Colombia, Chile, Uruguay and Brazil. Evertec is headquartered in San Juan, Puerto Rico, the US.
Headquarters
United States of America
Address
Carr. 176 K.M. 1.2 Cupey Bajo, Rio Piedras, Puerto Rico, 00926
Website
www.evertecinc.com/en
Telephone
1 787 7599999
No of Employees
5,000
Industry
Technology and Communications
Ticker Symbol & Exchange
EVTC (NYSE)
Revenue (2022)
$694.7M
12.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-66.6%
(2022 vs 2021)
Market Cap*
$2.5B
Net Profit Margin (2022)
XYZ
-70.3%
(2022 vs 2021)
* As of and is in US$
Evertec Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Product: | Payment Processing | EVERTEC |
| POS Terminal Devices | Merchant Acquiring | |
| Business Process Management Solution | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In August, the company acquired Sinqia, a software provider for financial services in Brazil. |
| 2023 | Acquisitions/Mergers/Takeovers | In February, the company acquired Paysmart Pagamentos Eletronicos Ltda. |
| 2022 | Acquisitions/Mergers/Takeovers | In July, the company acquired Chile-based BBR. |
Competitor Comparison
| Key Parameters | Evertec Inc | American Express Co | Capital One Financial Corp | Visa Inc | Mastercard Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Rio Piedras | New York | Mclean | San Francisco | Purchase |
| State/Province | Puerto Rico | New York | Virginia | California | New York |
| No. of Employees | 5,000 | 74,600 | 51,987 | 28,800 | 33,400 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Frank G. D’Angelo | Chairman | Executive Board | 2014 | 77 |
| Morgan M. Schuessler | Chief Executive Officer; Director; President | Executive Board | 2015 | 52 |
| Joaquin A. Castrillo | Chief Financial Officer; Executive Vice President; Treasurer | Senior Management | 2018 | 40 |
| Diego Viglianco | Chief Operating Officer | Senior Management | 2021 | 53 |
| Alberto Lopez Gaffney | Executive Vice President - Corporate Development | Senior Management | 2023 | 51 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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