EVTCNYSEServices-Computer Processing & Data PreparationUS GAAP · USD

EVERTEC, Inc.

EVERTEC, Inc. is a transaction-processing and business solutions company serving banks, merchants, fintechs, corporations, and government clients across Latin America and the Caribbean, with a meaningful footprint in Puerto Rico and the broader region. It operates end-to-end payment, acquiring, and core processing platforms, and also provides IT outsourcing, cash management, fraud management, and digital banking software through a mix of proprietary platforms and acquired capabilities.

Kysy yhtiöstä
Liikevaihto932milj. USD
+10,2 %v/v
Liikevoitto (EBIT)186milj. USD
+12,5 %v/v
EBIT-marginaali20,0%
+0,4 %-yks.v/v
Nettotulos142milj. USD
+25,7 %v/v
Vapaa kassavirta204milj. USD
−13,2 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

02004006008001 000milj. USD2020: 511 milj. USD2020: EBIT 141 milj. USD20202021: 590 milj. USD2021: EBIT 197 milj. USD20212022: 618 milj. USD2022: EBIT 157 milj. USD20222023: 695 milj. USD2023: EBIT 136 milj. USD20232024: 845 milj. USD2024: EBIT 166 milj. USD20242025: 932 milj. USD2025: EBIT 186 milj. USD2025932186
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Merchant acquiring and digital acceptance30 %

Services that let merchants accept card-present and card-not-present payments across POS, e-commerce, and mobile channels.

Payment processing25 %

Back-end processing for issuers and financial institutions covering authorization, clearing, settlement, and reconciliation.

Business solutions20 %

Mission-critical technology services such as core banking, IT outsourcing, and cash management for institutions and public-sector clients.

Digital channels and value-added services15 %

Mobile wallets, omni-channel checkout, tokenization, loyalty, API enablement, and fraud/risk tools.

Software and acquired fintech platforms10 %

Software products and acquired platforms including Sinqia and other regional fintech assets.

Asiakkaat

EVERTEC sells mainly to financial institutions, merchants, fintechs, corporations, and government entities that need embedded transaction infrastructure rather than standalone software. Its customer base is attractive because the services are mission-critical, usually multi-year, and often integrated into daily payment and banking workflows, which supports recurring revenue and cross-sell opportunities.

Financial institutions and issuers

Banks and card issuers buy payment processing, core banking, and account reconciliation services to run card and deposit programs.

Merchants and e-commerce businesses

Retail and online merchants buy acquiring, POS, and card-not-present acceptance tools to process customer payments.

Fintechs and digital platforms

Fintech customers buy digital onboarding, tokenization, API enablement, and payment orchestration to launch and scale products.

Corporates and governments

These clients buy IT outsourcing, cash management, and transaction-processing solutions for mission-critical operations.

Popular

Banco Popular is the company’s largest customer and a key source of recurring revenue across multiple services.

Strategia

EVERTEC is focused on expanding its Latin American footprint, deepening penetration of existing customers, and adding higher-value digital and risk-management products. It is also using acquisitions and alliances to broaden its platform, while keeping the model asset-light and recurring through multi-year contracts and proprietary sales channels.

Expand in Latin AmericaKeskipitkä aikaväli

The company sees the region as its main growth engine and believes local presence and market knowledge are differentiators.

Cross-sell into existing clientsLyhyt aikaväli

The platform spans the transaction value chain, enabling complementary product sales and higher wallet share.

Invest in digital and value-added productsKeskipitkä aikaväli

Digital onboarding, tokenization, AI, and predictive models improve stickiness and differentiate the offering.

Integrate acquisitionsLyhyt aikaväli

Bought-in platforms like Tecnobank and Sinqia broaden capabilities and create new cross-sell paths.

Maantiede

2025

EVERTEC is centered on Latin America and the Caribbean, where it believes its language, local market knowledge, and physical presence create an advantage. The company specifically highlights Brazil, Colombia, Mexico, Chile, and Central America as growth markets, while Puerto Rico remains important through the Popular relationship and ATH ecosystem.

Puerto Rico62 %
Latin America38 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

EVERTEC’s biggest company-specific risk is customer concentration, especially its large relationship with Banco Popular, which can materially affect revenue and cash flow if disrupted. The business also faces cybersecurity, third-party, and integration risks because it processes sensitive financial data across interconnected systems and relies on acquired platforms and external vendors.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Banco Popular customer concentration1Cybersecurity and data breach exposure2Third-party service provider dependence3Acquisition integration risk4Regional and competitive pressure5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Banco Popular customer concentrationVaikutus: KorkeaTodennäköisyys: Kohtalainen

    About 29% of 2025 revenue came from Popular, so contract loss or repricing would materially reduce revenue and cash flow.

    Kohdistuu: Revenue concentration and contract dependency

  2. Cybersecurity and data breach exposureVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The company processes sensitive payment and banking data, making it a target for ransomware, phishing, and other attacks.

    KohdistuuIT systemsCustomer dataService continuity
  3. Third-party service provider dependenceVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    External providers store, transmit, or process data and can introduce outages or security weaknesses.

    Kohdistuu: Operational resilience and compliance

  4. Acquisition integration riskVaikutus: KeskitasoTodennäköisyys: Matala

    The company is growing through acquisitions, which can create integration, retention, and execution risk.

    KohdistuuTechnobankSinqiaOther acquired platforms
  5. Regional and competitive pressureVaikutus: KeskitasoTodennäköisyys: Matala

    Competition from FIS, Fiserv, Jack Henry, CGI, and local tech firms can pressure pricing and win rates.

    Kohdistuu: Latin America and Caribbean transaction-processing markets

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition under ASC 606

Bundled processing, software, and outsourced services require judgment on timing and principal-versus-agent treatment.

Vaikutus: Can change revenue timing and gross versus net presentation

Goodwill and acquired intangibles

The company has acquired multiple businesses, creating significant goodwill and finite-lived intangibles.

Vaikutus: Impairment or amortization can materially affect earnings

Foreign currency remeasurement

Operations span multiple Latin American jurisdictions with different functional currencies.

Vaikutus: Can create volatility in reported income and equity

Share-based compensation and transaction costs

Management adjusts for these items in non-GAAP metrics and they affect operating expense trends.

Vaikutus: Impacts comparability of GAAP and adjusted performance

Samankaltaisia listattuja yhtiöitä

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

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Päivitetty: 24.9.2026