EVTC
vs
S&P 500
EVTC
S&P 500
Over the past 12 months, EVTC has underperformed S&P 500, delivering a return of -14% compared to the S&P 500's +14% growth.
Stocks Performance
EVTC vs S&P 500
Performance Gap
EVTC vs S&P 500
Performance By Year
EVTC vs S&P 500
Compare the stock's returns with its benchmark index and competitors. Gain insights into its relative performance over time.
Evertec Inc
Glance View
Evertec Inc., a dynamic player in the financial technology sector, has woven itself into the fabric of the Caribbean and Latin American markets with a business model rooted in critical infrastructure solutions. Headquartered in San Juan, Puerto Rico, Evertec acts as a digital backbone in the regions it serves, providing an array of transaction processing services that include merchant acquiring, payment processing, and business solutions. Its primary operation is spearheaded through its proprietary network, often likened to a comprehensive circulatory system of the region’s financial framework, facilitating electronic transactions with remarkable efficiency and security. Evertec's integrated technology platforms manage the complex dance of thousands of transactions daily, from banks to retailers and direct to customers, ensuring seamless monetary exchanges vital for any thriving economy. Evertec's revenue model hones in on three major divisions: Merchant Acquiring, Payment Processing, and Business Solutions. By capturing a distinct slice of the payment processing pie, it charges fees based on transaction value engineered through its systems, creating a robust stream of recurring revenue. For example, its merchant acquiring services offer businesses the infrastructure needed to accept card payments, collecting fees per transaction. Meanwhile, its payment processing arm handles the backend work for banks and financial institutions, earning money from the service and processing fees. On the business solutions front, Evertec provides software and consulting services that cater to entities of all sizes, delivering custom-tailored access to vital payment channels. By positioning itself as an indispensable partner in financial operations, Evertec anchors its growth in meeting the increasingly digital needs of a cash-light economy.
