Evertec (NYSE:EVTC) Posts Quarterly Earnings Results, Beats Estimates By $0.10 EPS

Evertec (NYSE:EVTC) posted its quarterly earnings results on Tuesday. The business services provider reported $1.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.95 by $0.10, FiscalAI reports. Evertec had a net margin of 9.80% and a return on equity of 31.95%. The firm had revenue of $274.82 million for the quarter, compared to analysts’ expectations of $262.24 million. During the same period in the prior year, the company posted $0.89 earnings per share. The firm’s quarterly revenue was up 19.7% on a year-over-year basis. 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 Trading Down 3.4%

Evertec stock opened at $31.45 on Thursday. Evertec has a one year low of $21.81 and a one year high of $37.71. The company’s fifty day moving average price is $27.78 and its two-hundred day moving average price is $27.75. The company has a debt-to-equity ratio of 1.56, a current ratio of 1.97 and a quick ratio of 1.97. The company has a market capitalization of $1.94 billion, a price-to-earnings ratio of 20.42, a PEG ratio of 1.10 and a beta of 0.70.

Evertec Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Monday, August 3rd will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Monday, August 3rd. Evertec’s payout ratio is currently 9.66%.

Analyst Upgrades and Downgrades

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

Insider Activity at Evertec

In other Evertec news, Director Brian John Smith bought 16,202 shares of the stock in a transaction on Friday, June 12th. The shares were purchased at an average price of $26.42 per share, with a total value of $428,056.84. Following the acquisition, the director directly owned 88,222 shares of the company’s stock, valued at $2,330,825.24. This represents a 22.50% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, COO Joaquin A. Castrillo-Salgado acquired 20,000 shares of the stock in a transaction dated Friday, May 8th. The stock was bought at an average price of $22.74 per share, for a total transaction of $454,800.00. Following the purchase, the chief operating officer owned 143,987 shares of the company’s stock, valued at $3,274,264.38. The trade was a 16.13% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 1.13% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Dimensional Fund Advisors LP raised its stake in shares of Evertec by 4.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,574,381 shares of the business services provider’s stock valued at $45,799,000 after buying an additional 61,591 shares in the last quarter. Millennium Management LLC boosted its holdings in Evertec by 23.7% during the fourth quarter. Millennium Management LLC now owns 848,588 shares of the business services provider’s stock valued at $24,685,000 after purchasing an additional 162,307 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Evertec by 8.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 708,704 shares of the business services provider’s stock valued at $20,616,000 after purchasing an additional 53,323 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in shares of Evertec by 1.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 652,513 shares of the business services provider’s stock worth $18,983,000 after buying an additional 7,886 shares in the last quarter. Finally, Boston Partners lifted its position in shares of Evertec by 45.0% during the 3rd quarter. Boston Partners now owns 526,864 shares of the business services provider’s stock worth $17,656,000 after buying an additional 163,398 shares during the period. 96.80% of the stock is owned by institutional investors.

About Evertec

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.