Welcome to our dedicated page for Evertec news (Ticker: EVTC), a resource for investors and traders seeking the latest updates and insights on Evertec stock.
Evertec Inc (EVTC) is a leading provider of transaction processing solutions across Latin America, powering secure payment systems and banking infrastructure for financial institutions, merchants, and governments. This dedicated news hub offers investors and industry professionals timely access to official announcements and strategic developments.
Track critical updates including quarterly earnings reports, technology partnerships, regulatory compliance changes, and market expansion initiatives. Our curated collection ensures transparent access to press releases covering payment processing innovations, merchant acquiring services, and advancements in core banking solutions.
Key updates include new product launches across Evertec's ATH network, strategic collaborations enhancing financial technology ecosystems, and operational milestones in cash processing efficiency. Bookmark this page for streamlined monitoring of EVTC's evolving role in shaping Latin America's digital payment landscape.
Evertec (NYSE: EVTC) has announced a definitive agreement to acquire a 75% controlling stake in Tecnobank, a leading Brazilian fintech vendor specializing in digital vehicle financing contract registration. The transaction is valued at R$787 million (approximately USD $144 million) and will be financed using Evertec's existing liquidity.
The acquisition, subject to approval from Brazil's Administrative Council for Economic Defense (CADE), is expected to close in Q4 2025. This strategic move aligns with Evertec's growth strategy and strengthens its presence in the Brazilian market.
EVERTEC (NYSE: EVTC) reported strong Q2 2025 financial results with notable growth across key metrics. Revenue increased 8% to $229.6 million (10% on constant currency), while GAAP Net Income rose 27% to $40.5 million ($0.62 per diluted share). Adjusted EBITDA grew 8% to $92.6 million, and Adjusted earnings per share increased to $0.89.
The company demonstrated organic growth across all segments, benefiting from pricing initiatives in merchant acquiring, increased ATH Movil revenues, Latin America expansion, and improved Business Solutions performance. EVERTEC has raised its 2025 outlook, projecting revenue between $901-909 million and adjusted EPS of $3.44-3.52.
Additionally, the Board approved an increase to the share repurchase authorization to $150 million, extending the program through December 2026.
EVERTEC (NYSE:EVTC) announced that its Board of Directors has declared a regular quarterly dividend of $0.05 per share. The dividend will be paid on June 6, 2025 to stockholders of record as of May 13, 2025. While the Board expects to continue declaring regular quarterly dividends, future declarations will depend on Board approval and may be adjusted based on business needs or market conditions.
EVERTEC (NYSE:EVTC) has announced a regular quarterly dividend declaration. The company's Board of Directors has declared a dividend of $0.05 per share, which will be paid on September 5, 2025 to stockholders of record as of August 4, 2025.
While the Board anticipates declaring similar dividends in future quarters, they note that future declarations will be subject to Board approval and may be adjusted based on business needs or market conditions.
EVERTEC (NYSE:EVTC) has scheduled its Second Quarter 2025 financial results conference call and webcast for July 30, 2025 at 4:30 p.m. ET. The company's President and CEO Mac Schuessler and CFO Joaquin Castrillo will lead the presentation.
The earnings release will be issued shortly after market close on the same day. Investors can join via phone at (888) 338-7153 (US) or (412) 317-5117 (International). A replay will be available until August 6, 2025 using pin 5299049. The webcast will be accessible through the company's Investor Relations website.
EVERTEC (NYSE: EVTC) has announced a regular quarterly dividend payment. The company's Board of Directors declared a dividend of $0.05 per share, which will be paid on June 6, 2025, to stockholders of record as of May 13, 2025. While the Board anticipates continuing these regular quarterly dividend declarations, future payments will remain subject to Board approval and may be adjusted based on business needs or market conditions.
EVERTEC (NYSE: EVTC) has scheduled its First Quarter 2025 Financial Results announcement for May 7, 2025. The company will host a conference call and webcast at 4:30 p.m. ET on the same day, featuring President and CEO Mac Schuessler and CFO Joaquin Castrillo.
The earnings release will be issued shortly after market close. Investors can join the conference call by dialing (888) 338-7153 for domestic calls or (412) 317-5117 for international participants. A replay will be available until May 14, 2025, accessible via (877) 344-7529 or (412) 317-0088 with pin number 9312814. The webcast will be available on the company's website under the Investor Relations section.
EVERTEC (NYSE: EVTC) reported strong financial results for Q4 and full year 2024. Fourth quarter revenue increased 11% to $216.4 million, with GAAP Net Income rising 249% to $40.1 million ($0.62 per diluted share). Adjusted EBITDA grew 24% to $88.6 million.
Full year 2024 highlights include:
- Revenue growth of 22% to $845.5 million
- GAAP Net Income of $112.6 million ($1.73 per diluted share)
- Adjusted EBITDA of $340.2 million, up 17%
- $95.2 million returned to shareholders through repurchases and dividends
The company completed strategic acquisitions of Nubity and Grandata, and executed a $70 million accelerated share repurchase program. For 2025, EVERTEC projects revenue between $889-899 million and adjusted EPS of $3.34-$3.45.
EVERTEC (NYSE: EVTC) has announced that its Board of Directors has declared a regular quarterly dividend of $0.05 per share. The dividend will be paid on March 21, 2025 to stockholders of record as of March 3, 2025. The Board made this declaration on February 20, 2025, and anticipates continuing these regular quarterly dividend payments in future quarters, subject to Board approval and potential adjustments based on business needs or market conditions.