EVERTEC (EVTC) Posts an 8% Revenue Growth With Latin America Leading the Charge

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EVERTEC, Inc. (NYSE:EVTC) is one of the oversold bundle stocks to bargain according to Wall Street analysts. On May 6, EVERTEC, Inc. (NYSE:EVTC) reported Q1 2026 results, with full gross rising 8% twelvemonth implicit twelvemonth to $247.9 cardinal and exceeding statement estimates by 3.47%. Mac Schuessler, President and CEO of the company, said that the gross maturation came connected the backmost of integrated maturation crossed astir of the company’s concern segments and the full-quarter gross publication from Tecnobank. EVERTEC acquired Tecnobank successful October past year.

EVERTEC (EVTC) Posts an 8% Revenue Growth With Latin America Leading the Charge

EVERTEC (EVTC) Posts an 8% Revenue Growth With Latin America Leading the Charge

Schuessler added that Latin America posted standout numbers, with conception gross surging 32% twelvemonth implicit twelvemonth connected a reported ground to $110.3 million. This leap was helped by Tecnobank, a reacceleration successful Brazil, and a $6.8 cardinal overseas speech tailwind from the appreciation of the Brazilian real.

However, this maturation was partially offset by the Business Solutions segment, whose gross fell 9% to $59.5 million. The crushed for this decline, according to Karla Cruz-Jusino, the CFO, was a 10% terms discount that EVERTEC had agreed to springiness to Popular, Inc., its largest client. The discount took effect successful Q4 2025. Another reason, arsenic per the CFO, was the lack of a one-time hardware and bundle merchantability that had boosted Q1 2025.

The net aside, EVERTEC disclosed that it closed the Dimensa acquisition connected April 30, 2026. This transaction outgo EVERTEC astir R$981 cardinal (roughly $181 million). Dimensa is simply a B2B fiscal bundle supplier serving implicit 15,000 fiscal institutions successful Brazil. It has ascendant positions successful insurance, astir 65% marketplace share, and hazard management, which are 2 verticals wherever EVERTEC had nary anterior presence.

EVERTEC, Inc. (NYSE:EVTC) is simply a fiscal exertion and bundle company. It provides physics outgo processing, concern solutions, and transaction absorption services crossed Latin America and the Caribbean.

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