Expands Latin American footprint with agreements in Chile and Mexico
By Rosario Fajardo
Evertec, the financial transaction company and ATH bank network that is based in San Juan, reported excellent numbers for the second quarter (2Q) of 2026, with revenues increased by 20% to $274.8 million.
Evertec also revised its financial outlook for 2026. Revenues are now expected between $1.085 billion and $1.095 billion, representing growth of approximately 16.4% to 17.5%, an increase from its previous expectation of 15.1% to 16.4%.
In addition, the company reported that its growth strategy in Latin America has moved forward through agreements with Transbank in Chile and Clip in Mexico.
“We delivered a strong second quarter, reflecting organic growth across our business, the contributions from our recent acquisitions, and the continued execution of our strategy. Given our strong first-half performance and outlook for the remainder of the year, we are raising our full-year guidance and remain focused on executing our strategy,” said Mac Schuessler, president and CEO of Evertec.
Speaking about the multi-year agreement with Transbank, which has an initial term of at least five years, Schuessler noted that Evertec will operate Transbank’s transactional processing environment and selected technology platforms and services.
“The engagement represents one of the most significant commercial wins in our history. Beyond the revenue opportunity, this agreement deepens our strategic relevance in one of Latin America’s most important markets and creates a foundation for continued growth with a key client over time. It also demonstrates the strength of our technology capabilities and the success of the investments we have made to build a scaled, trusted payment and technology platform across the region,” he said during Evertec’s earnings call.
Meanwhile, Schuessler said Clip serves nearly one million merchants in Mexico and is an important milestone for Evertec. “This agreement… serves as a strong proof point of our ability to compete and win in Mexico, one of the region’s most important payments market.
“We are also continuing to leverage capabilities across our platform to expand into new customer segments and use cases in Puerto Rico. Earlier this year, we signed agreements with Metropistas, a toll road operator and subsidiary of Abertis Infrastructure, to support both card present and card not present transactions,” he added.
Evertec serves financial institutions in Puerto Rico, the rest of the Caribbean, and Latin America. Regionally, Evertec serves the U.S. Virgin Islands, the Dominican Republic, Costa Rica, and the British Virgin Islands. The company’s ATH network is equivalent to the ATM networks in the United States.
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The company announced that its products are now available at more than 50 retail locations.
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