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4-Traders Homepage  >  Equities  >  Nyse  >  Vantiv Inc    VNTV

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Vantiv Inc : Vantiv Celebrates First Year as a Publicly-Traded Company with The Opening Bell at the New York Stock Exchange

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03/25/2013 | 04:41pm CET
Vantiv Celebrates First Year as a Publicly-Traded Company with The Opening Bell at the New York Stock Exchange

Vantiv® Celebrates First Year as a Publicly-Traded Company with

The Opening BellSM at the New York Stock Exchange

*Photo Link at the end of Press Release / Email.

CINCINNATI - March 25, 2013 -Vantiv, Inc. (NYSE: VNTV), a leading provider of payment processing services and related technology solutions for merchants and financial institutions of all sizes, announced today that President and Chief Executive Officer Charles Drucker visited the New York Stock Exchange and rang The Opening BellSM in celebration of Vantiv's first anniversary as a publicly-traded company.  The Company celebrated its initial public offering on the NYSE on March 22, 2012.

"Today not only marks our first anniversary as a public company, but it is emblematic of our success in 2012," said Drucker. "When we went public last year, we set out to achieve aggressive financial objectives, and due to the hard work of our employees, we exceeded those goals last year."

Drucker was accompanied by many members of the Vantiv team who made a significant impact to the business since the IPO.  Concurrent commemorative celebrations occurred at each of Vantiv's facilities.

Vantiv is the No. 1 ranked PIN debit acquirer and the No. 3 ranked overall merchant acquirer in the U.S. based on the number of transactions1.

For photos of today's bell ceremony, please contact: Associated Press/New York (212.621.1902), Reuters America (646.223.6285), Getty Images (646.613.4141), Bloomberg Photo (212.617.3420), European Press Agency (917.670.1323), or Insider Images.

Photos and video of the bell ringing are also available via social media at NYSE Euronext on Facebook (NYSE Euronext), YouTube (nysetv1), and Twitter (@NYSEEuronext), #NYSEBell.  

For more information about Vantiv, please visit vantiv.com or on Facebook, Twitter, LinkedIn, Google+, and YouTube.

CONTACTS:
Andrew Ciafardini
Director of Public Relations
513.900.5308
andrew.ciafardini@vantiv.com

Nathan Rozof, Senior Vice President
Investor Relations
866.254.4811 or 513.900.4811
IR@vantiv.com
___________________________
*1 March 2013 The Nilson Report

About Vantiv, Inc.
Vantiv, Inc. (NYSE: VNTV) is a leading, integrated payment processor differentiated by a single, proprietary technology platform. Vantiv offers a comprehensive suite of traditional and innovative payment processing and technology solutions to merchants and financial institutions of all sizes in the U.S., enabling them to address their payment processing needs through a single provider. We build strong relationships with our customers, helping them become more efficient, more secure and more successful. Vantiv is the third largest merchant acquirer and the largest PIN debit acquirer based on number of transactions in the U.S. The company's growth strategy includes expanding further into high growth payment segments, such as ecommerce, mobile, prepaid and information solutions, and attractive industry verticals, such as business-to-business, government, healthcare and education. For more information, visit www.vantiv.com.

© Copyright Vantiv, LLC.  All rights reserved.  Vantiv, the Vantiv logo, and all other Vantiv product or service names and logos are registered trademarks or trademarks of Vantiv, LLC in the USA and other countries.  ® indicates USA registration.

###


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Financials ($)
Sales 2016 1 899 M
EBIT 2016 800 M
Net income 2016 246 M
Debt 2016 2 652 M
Yield 2016 -
P/E ratio 2016 40,57
P/E ratio 2017 31,70
EV / Sales 2016 7,87x
EV / Sales 2017 7,03x
Capitalization 12 298 M
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Mean consensus OUTPERFORM
Number of Analysts 30
Average target price 65,5 $
Spread / Average Target 4,9%
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Managers
NameTitle
Charles D. Drucker President, Chief Executive Officer & Director
Jeff E. Stiefler Chairman
Mark L. Heimbouch Chief Operating Officer & Director
Stephanie Ferris Chief Financial Officer
Richard Robert Bartlett Chief Information Officer
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