Evertec (NYSE:EVTC) Posts Earnings Results

Evertec (NYSE:EVTC) posted its earnings results on Tuesday. The business services provider reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $0.95 by $0.10, FiscalAI reports. The firm had revenue of $274.82 million for the quarter, compared to the consensus estimate of $262.24 million. Evertec had a return on equity of 31.40% and a net margin of 13.95%.The business’s revenue for the quarter was up 19.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.89 EPS. Evertec updated its FY 2026 guidance to 3.940-4.040 EPS.

Here are the key takeaways from Evertec’s conference call:

• EVERTEC reported strong second-quarter results, with revenue up 20% year over year to approximately $275 million, adjusted EBITDA up 18% to $109 million, and adjusted EPS rising to $1.05 from $0.89.
• Management raised its 2026 outlook, citing strength in Merchant Acquiring and Latin America Payments & Solutions, contributions from Dimensa, and foreign-exchange tailwinds; constant-currency revenue growth is now expected at 14.5%–15.6%.
• The multi-year Transbank agreement in Chile is one of EVERTEC’s largest commercial wins, with implementation underway and an expected contribution beginning in the second half of 2027 before a fuller ramp in 2028. The company also signed Clip in Mexico, expanding its acquiring and switching presence in a major regional market.
• Dimensa and BBChain broaden EVERTEC’s financial software, blockchain, tokenization, custody, and digital-asset capabilities, although Dimensa currently carries lower margins and BBChain is expected to make only a modest near-term revenue contribution.
• Puerto Rico performance benefited from a non-recurring tax-relief effect and a one-time volume-based benefit, while the Popular contract discount continued to pressure Business Solutions revenue and EBITDA. Net leverage increased to approximately 2.55 times trailing adjusted EBITDA following the Dimensa acquisition, though it remains within the company’s 2–3 times target range.

Evertec Price Performance

NYSE EVTC opened at $32.65 on Wednesday. Evertec has a one year low of $21.81 and a one year high of $37.71. The stock has a 50-day moving average of $27.63 and a 200 day moving average of $27.74. The company has a debt-to-equity ratio of 1.56, a quick ratio of 1.97 and a current ratio of 1.97. The company has a market capitalization of $2.01 billion, a price-to-earnings ratio of 15.77, a PEG ratio of 1.06 and a beta of 0.70.

Evertec Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Monday, August 3rd will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.6%. The ex-dividend date is Monday, August 3rd. Evertec’s dividend payout ratio (DPR) is presently 9.66%.

Wall Street Analyst Weigh In

EVTC has been the subject of a number of research reports. Weiss Ratings upgraded Evertec from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, July 28th. Morgan Stanley decreased their price target on shares of Evertec from $29.00 to $25.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 19th. Wall Street Zen cut shares of Evertec from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Raymond James Financial reiterated an “outperform” rating and set a $34.00 target price on shares of Evertec in a report on Thursday, May 7th. Two analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Evertec presently has a consensus rating of “Hold” and an average price target of $32.75.

Insider Activity

In related news, COO Joaquin A. Castrillo-Salgado acquired 20,000 shares of the firm’s stock in a transaction dated Friday, May 8th. The stock was purchased at an average cost of $22.74 per share, with a total value of $454,800.00. Following the completion of the acquisition, the chief operating officer directly owned 143,987 shares of the company’s stock, valued at approximately $3,274,264.38. This trade represents a 16.13% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Luis A. Rodriguez-Gonzalez acquired 17,000 shares of the firm’s stock in a transaction dated Thursday, May 7th. The shares were bought at an average cost of $24.10 per share, with a total value of $409,700.00. Following the completion of the acquisition, the executive vice president directly owned 80,907 shares of the company’s stock, valued at $1,949,858.70. The trade was a 26.60% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have purchased a total of 53,202 shares of company stock valued at $1,292,557 in the last 90 days. 1.13% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Evertec

A number of large investors have recently added to or reduced their stakes in EVTC. Kestra Advisory Services LLC bought a new position in shares of Evertec during the 4th quarter valued at $31,000. Global Retirement Partners LLC lifted its holdings in Evertec by 53.1% in the fourth quarter. Global Retirement Partners LLC now owns 1,471 shares of the business services provider’s stock valued at $43,000 after acquiring an additional 510 shares during the period. Brown Brothers Harriman & Co. bought a new stake in shares of Evertec during the 3rd quarter valued at about $52,000. Advisory Services Network LLC purchased a new stake in shares of Evertec during the 3rd quarter valued at about $59,000. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Evertec by 2,751.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,996 shares of the business services provider’s stock worth $72,000 after purchasing an additional 1,926 shares during the period. Institutional investors own 96.80% of the company’s stock.

Evertec News Summary

Here are the key news stories impacting Evertec this week:

• Positive Sentiment: Q2 earnings and revenue exceeded estimates. Adjusted earnings were $1.05 per share, versus the $0.95 consensus estimate and $0.89 a year earlier. Revenue rose approximately 20% year over year to $274.8 million, surpassing the $262.2 million analyst forecast. Evertec Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Underlying operating performance was strong. Adjusted EBITDA increased 18% to $109.3 million, while revenue growth remained approximately 16% on a constant-currency basis, indicating that gains were not solely driven by foreign-exchange movements. EVERTEC Reports Second Quarter 2026 Results
• Positive Sentiment: Management raised its FY 2026 EPS guidance. The new range of $3.94-$4.04 is above the $3.80 analyst consensus, giving investors a more favorable view of expected profitability. Evertec Q2 2026 Earnings Call Transcript
• Neutral Sentiment: Full-year revenue guidance was approximately $1.1 billion, broadly matching Wall Street expectations. As a result, the earnings outlook improved more meaningfully than the revenue outlook.
• Negative Sentiment: GAAP profitability was substantially lower than adjusted earnings. GAAP net income attributable to common shareholders was $5.4 million, or $0.09 per diluted share, highlighting the impact of adjustments and leaving investors to assess the quality and sustainability of the reported earnings beat. EVERTEC Second Quarter Results

Evertec Company Profile

Evertec, Inc (NYSE: EVTC) is a leading full‐service transaction processor in Puerto Rico, Latin America and the Caribbean. The company delivers integrated technology solutions for electronic payments, providing financial institutions, merchants and governments with secure and scalable platforms to accept, process and settle transactions across card, ATM, debit and digital channels. Headquartered in San Juan, Puerto Rico, Evertec supports both domestic and cross‐border payment flows, enabling clients to streamline operations and expand their digital commerce capabilities.

Evertec’s suite of services includes merchant acquiring, payment gateway connectivity, ATM and point‐of‐sale network management, and fraud prevention solutions.